US Bancorp DE Purchases 10,413 Shares of SentinelOne, Inc. (NYSE:S)

US Bancorp DE increased its holdings in shares of SentinelOne, Inc. (NYSE:S) by 26.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,873 shares of the company’s stock after purchasing an additional 10,413 shares during the period. US Bancorp DE’s holdings in SentinelOne were worth $1,107,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of S. Avior Wealth Management LLC increased its holdings in SentinelOne by 4.0% during the 3rd quarter. Avior Wealth Management LLC now owns 23,114 shares of the company’s stock worth $553,000 after purchasing an additional 898 shares in the last quarter. Bullseye Asset Management LLC grew its holdings in shares of SentinelOne by 1.5% during the third quarter. Bullseye Asset Management LLC now owns 67,100 shares of the company’s stock worth $1,605,000 after buying an additional 1,000 shares in the last quarter. MetLife Investment Management LLC grew its holdings in shares of SentinelOne by 17.4% during the third quarter. MetLife Investment Management LLC now owns 6,828 shares of the company’s stock worth $163,000 after buying an additional 1,012 shares in the last quarter. Legato Capital Management LLC raised its position in SentinelOne by 8.1% in the 4th quarter. Legato Capital Management LLC now owns 13,682 shares of the company’s stock valued at $304,000 after buying an additional 1,022 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its stake in SentinelOne by 6.4% in the 3rd quarter. Principal Financial Group Inc. now owns 18,491 shares of the company’s stock valued at $442,000 after acquiring an additional 1,111 shares in the last quarter. 90.87% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other SentinelOne news, insider Ric Smith sold 41,170 shares of the stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $23.98, for a total transaction of $987,256.60. Following the completion of the sale, the insider now owns 531,459 shares of the company’s stock, valued at approximately $12,744,386.82. This represents a 7.19 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Robin Tomasello sold 6,378 shares of SentinelOne stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $19.55, for a total value of $124,689.90. Following the completion of the transaction, the chief accounting officer now directly owns 230,685 shares of the company’s stock, valued at approximately $4,509,891.75. This trade represents a 2.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 437,968 shares of company stock valued at $10,020,586. 5.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on S shares. Needham & Company LLC reaffirmed a “buy” rating and set a $32.00 price target on shares of SentinelOne in a research note on Thursday, December 5th. Sanford C. Bernstein decreased their target price on shares of SentinelOne from $32.00 to $30.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. Citigroup cut their price objective on SentinelOne from $28.00 to $27.00 and set a “neutral” rating for the company in a research report on Friday, January 17th. Oppenheimer initiated coverage on shares of SentinelOne in a research note on Wednesday, January 15th. They issued an “outperform” rating and a $32.00 price target on the stock. Finally, Susquehanna increased their price objective on SentinelOne from $28.00 to $30.00 and gave the stock a “positive” rating in a research report on Thursday, December 5th. Seven research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $29.48.

SentinelOne Stock Down 0.3 %

NYSE S opened at $19.84 on Monday. The company has a market cap of $6.37 billion, a price-to-earnings ratio of -21.10 and a beta of 0.78. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $29.29. The business’s fifty day moving average is $22.65 and its 200 day moving average is $24.19.

SentinelOne Company Profile

SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. Its Singularity Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints, cloud workloads, and identify credentials, which enables seamless and autonomous protection against a spectrum of cyber threats.