Crestline Management LP Buys New Shares in SentinelOne, Inc. (NYSE:S)

Crestline Management LP purchased a new position in shares of SentinelOne, Inc. (NYSE:S - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 65,719 shares of the company's stock, valued at approximately $1,459,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Barclays PLC lifted its stake in shares of SentinelOne by 121.9% in the third quarter. Barclays PLC now owns 325,215 shares of the company's stock worth $7,779,000 after acquiring an additional 178,685 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in SentinelOne during the third quarter valued at about $67,000. Franklin Resources Inc. increased its holdings in shares of SentinelOne by 5.5% during the third 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. Diversified Trust Co raised its stake in shares of SentinelOne by 40.5% during the fourth quarter. Diversified Trust Co now owns 47,487 shares of the company's stock worth $1,054,000 after buying an additional 13,686 shares during the last quarter. Finally, Moody National Bank Trust Division acquired a new stake in SentinelOne during the 4th quarter worth approximately $206,000. Institutional investors and hedge funds own 90.87% of the company's stock.

Insider Buying and Selling at SentinelOne

In other SentinelOne news, insider Ric Smith sold 3,187 shares of the business's stock in a transaction on Tuesday, May 6th. The shares were sold at an average price of $18.54, for a total transaction of $59,086.98. Following the sale, the insider now owns 1,058,025 shares of the company's stock, valued at $19,615,783.50. The trade was a 0.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 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 sale, 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 position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 503,140 shares of company stock valued at $9,847,149. 5.60% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently commented on S shares. Roth Capital set a $26.00 target price on shares of SentinelOne and gave the company a "buy" rating in a research report on Tuesday, April 22nd. Roth Mkm initiated coverage on shares of SentinelOne in a report on Wednesday, April 23rd. They set a "buy" rating and a $26.00 price target on the stock. Cantor Fitzgerald decreased their price target on shares of SentinelOne from $30.00 to $24.00 and set an "overweight" rating for the company in a research note on Thursday, March 13th. Barclays cut their price objective on SentinelOne from $24.00 to $22.00 and set an "equal weight" rating for the company in a report on Tuesday, March 11th. Finally, Westpark Capital lowered their price target on shares of SentinelOne from $34.00 to $31.00 and set a "buy" rating for the company in a report on Tuesday, March 11th. Seven analysts have rated the stock with a hold rating, twenty have assigned a buy rating and four have given a strong buy rating to the company. According to MarketBeat.com, SentinelOne has an average rating of "Moderate Buy" and a consensus price target of $26.13.

SentinelOne Stock Up 5.1%

S stock traded up $0.98 during midday trading on Monday, hitting $20.13. 5,221,446 shares of the company traded hands, compared to its average volume of 5,008,327. The business has a 50 day simple moving average of $18.40 and a 200-day simple moving average of $22.24. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $29.29. The stock has a market capitalization of $6.63 billion, a price-to-earnings ratio of -21.41 and a beta of 0.81.

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.