Bienville Capital Management LLC Invests $6.14 Million in SentinelOne, Inc. (NYSE:S)

Bienville Capital Management LLC purchased a new position in shares of SentinelOne, Inc. (NYSE:S - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 276,600 shares of the company's stock, valued at approximately $6,141,000. SentinelOne accounts for approximately 1.5% of Bienville Capital Management LLC's investment portfolio, making the stock its 27th largest holding. Bienville Capital Management LLC owned about 0.09% of SentinelOne as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in S. Barclays PLC grew its position in SentinelOne by 121.9% during the 3rd quarter. Barclays PLC now owns 325,215 shares of the company's stock worth $7,779,000 after acquiring an additional 178,685 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of SentinelOne in the third quarter valued at about $67,000. Franklin Resources Inc. lifted its position in SentinelOne by 5.5% during the 3rd quarter. Franklin Resources Inc. now owns 26,424 shares of the company's stock worth $698,000 after buying an additional 1,366 shares in the last quarter. Principal Financial Group Inc. grew its holdings in SentinelOne by 6.4% during the 3rd quarter. Principal Financial Group Inc. now owns 18,491 shares of the company's stock worth $442,000 after acquiring an additional 1,111 shares during the last quarter. Finally, Modus Advisors LLC acquired a new position in shares of SentinelOne during the fourth quarter worth approximately $48,000. 90.87% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at SentinelOne

In related news, CEO Tomer Weingarten sold 10,178 shares of the stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $23.95, for a total transaction of $243,763.10. Following the completion of the transaction, the chief executive officer now owns 949,504 shares in the company, valued at approximately $22,740,620.80. This represents a 1.06 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Robin Tomasello sold 6,378 shares of the business's stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $19.55, for a total value of $124,689.90. Following the completion of the sale, the chief accounting officer now owns 230,685 shares in the company, valued at approximately $4,509,891.75. The trade was a 2.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 502,136 shares of company stock valued at $9,896,262. Corporate insiders own 5.60% of the company's stock.

SentinelOne Price Performance

Shares of SentinelOne stock traded up $0.20 on Wednesday, hitting $18.94. 865,761 shares of the company's stock traded hands, compared to its average volume of 4,978,859. SentinelOne, Inc. has a one year low of $14.33 and a one year high of $29.29. The company has a fifty day moving average of $18.47 and a two-hundred day moving average of $22.40. The company has a market capitalization of $6.24 billion, a price-to-earnings ratio of -20.13 and a beta of 0.81.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Piper Sandler dropped their price objective on SentinelOne from $32.00 to $28.00 and set an "overweight" rating for the company in a report on Thursday, March 13th. Scotiabank dropped their target price on shares of SentinelOne from $26.00 to $19.00 and set a "sector perform" rating for the company in a research report on Thursday, March 13th. Jefferies Financial Group reduced their price target on SentinelOne from $25.00 to $23.00 and set a "buy" rating on the stock in a research report on Monday, March 31st. Oppenheimer initiated coverage on SentinelOne in a report on Wednesday, January 15th. They issued an "outperform" rating and a $32.00 price objective for the company. Finally, Cantor Fitzgerald reduced their target price on SentinelOne from $30.00 to $24.00 and set an "overweight" rating on the stock in a report on Thursday, March 13th. Seven equities research analysts have rated the stock with a hold rating, twenty have issued a buy rating and four have given a strong buy rating to the company's stock. According to data from MarketBeat, SentinelOne has a consensus rating of "Moderate Buy" and an average target price of $26.13.

About SentinelOne

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.