36,964 Shares in SentinelOne, Inc. (NYSE:S) Acquired by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV purchased a new stake in shares of SentinelOne, Inc. (NYSE:S - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 36,964 shares of the company's stock, valued at approximately $821,000.

Several other hedge funds also recently modified their holdings of S. Guggenheim Capital LLC boosted its holdings in SentinelOne by 1.4% during the fourth quarter. Guggenheim Capital LLC now owns 34,396 shares of the company's stock worth $764,000 after buying an additional 478 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in shares of SentinelOne by 86.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company's stock valued at $27,000 after acquiring an additional 556 shares during the last quarter. Legato Capital Management LLC boosted its stake in shares of SentinelOne by 8.1% during the 4th quarter. Legato Capital Management LLC now owns 13,682 shares of the company's stock worth $304,000 after acquiring an additional 1,022 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in shares of SentinelOne by 48.1% in the 4th quarter. Jones Financial Companies Lllp now owns 3,285 shares of the company's stock worth $73,000 after acquiring an additional 1,067 shares during the last quarter. Finally, Harbour Investments Inc. raised its position in shares of SentinelOne by 10.3% during the fourth quarter. Harbour Investments Inc. now owns 13,166 shares of the company's stock worth $292,000 after purchasing an additional 1,225 shares during the period. 90.87% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Piper Sandler cut their price objective on SentinelOne from $32.00 to $28.00 and set an "overweight" rating on the stock in a report on Thursday, March 13th. Bank of America reduced their price target on shares of SentinelOne from $29.00 to $24.00 and set a "buy" rating for the company in a research report on Thursday, March 13th. Barclays lowered their price objective on shares of SentinelOne from $24.00 to $22.00 and set an "equal weight" rating on the stock in a research report on Tuesday, March 11th. Jefferies Financial Group reduced their target price on SentinelOne from $25.00 to $23.00 and set a "buy" rating for the company in a report on Monday, March 31st. Finally, Scotiabank lowered their price target on SentinelOne from $26.00 to $19.00 and set a "sector perform" rating on the stock in a report on Thursday, March 13th. Seven investment analysts have rated the stock with a hold rating, twenty have given a buy rating and four have given a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $26.13.

SentinelOne Stock Performance

S opened at $19.15 on Friday. The firm has a market cap of $6.31 billion, a P/E ratio of -20.37 and a beta of 0.81. The business has a 50 day moving average price of $18.40 and a 200 day moving average price of $22.26. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $29.29.

Insider Transactions at SentinelOne

In other SentinelOne news, CAO Robin Tomasello sold 1,496 shares of SentinelOne stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $19.77, for a total value of $29,575.92. Following the transaction, the chief accounting officer now directly owns 233,484 shares of the company's stock, valued at $4,615,978.68. The trade was a 0.64 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Tomer Weingarten sold 81,619 shares of the stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of $19.59, for a total value of $1,598,916.21. Following the completion of the sale, the chief executive officer now directly owns 879,494 shares of the company's stock, valued at $17,229,287.46. This represents a 8.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 503,140 shares of company stock worth $9,847,149. 5.60% of the stock is owned by insiders.

SentinelOne 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.

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