17,397 Shares in SentinelOne, Inc. $S Purchased by Tempus Wealth Planning LLC

Key Points

• Tempus Wealth Planning LLC purchased 17,397 shares of SentinelOne, Inc. for approximately $318,000, indicating growing interest in this cybersecurity firm.
• Analysts have recently increased their target prices for SentinelOne, with a consensus rating of "Moderate Buy" and an average price target of $24.26.
• Insider trading activities revealed significant sales, including CEO Tomer Weingarten offloading 162,794 shares, indicating a 11.14% reduction in his ownership.

Tempus Wealth Planning LLC acquired a new position in SentinelOne, Inc. (NYSE:S - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 17,397 shares of the company's stock, valued at approximately $318,000.

A number of other large investors have also recently added to or reduced their stakes in S. Teamwork Financial Advisors LLC bought a new position in shares of SentinelOne in the second quarter valued at $1,332,000. Strs Ohio acquired a new stake in SentinelOne during the 1st quarter valued at $9,227,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in SentinelOne by 131.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,374,714 shares of the company's stock valued at $79,532,000 after buying an additional 2,483,136 shares during the period. GAMMA Investing LLC lifted its position in shares of SentinelOne by 11,049.7% in the first quarter. GAMMA Investing LLC now owns 35,233 shares of the company's stock worth $641,000 after purchasing an additional 34,917 shares in the last quarter. Finally, M&T Bank Corp boosted its stake in shares of SentinelOne by 71.9% during the 1st quarter. M&T Bank Corp now owns 43,043 shares of the company's stock valued at $782,000 after buying an additional 17,998 shares during the period. 90.87% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. UBS Group boosted their target price on shares of SentinelOne from $19.00 to $21.00 and gave the stock a "neutral" rating in a research report on Friday, August 29th. New Street Research set a $23.00 target price on shares of SentinelOne in a research report on Friday, August 29th. Wells Fargo & Company increased their price target on shares of SentinelOne from $18.00 to $19.00 and gave the company an "equal weight" rating in a report on Friday, August 29th. DA Davidson upped their price objective on shares of SentinelOne from $17.00 to $19.00 and gave the company a "neutral" rating in a research report on Friday, August 29th. Finally, Needham & Company LLC increased their target price on shares of SentinelOne from $22.00 to $23.00 and gave the company a "buy" rating in a research note on Friday, August 29th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $24.26.

Insider Activity at SentinelOne

In other SentinelOne news, CAO Robin Tomasello sold 8,508 shares of the stock in a transaction on Monday, September 8th. The stock was sold at an average price of $18.69, for a total value of $159,014.52. Following the transaction, the chief accounting officer directly owned 297,536 shares in the company, valued at approximately $5,560,947.84. This trade represents a 2.78% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Tomer Weingarten sold 162,794 shares of SentinelOne stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $18.38, for a total value of $2,992,153.72. Following the completion of the sale, the chief executive officer directly owned 1,298,982 shares of the company's stock, valued at $23,875,289.16. This trade represents a 11.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 340,753 shares of company stock valued at $6,195,217. Insiders own 4.33% of the company's stock.

SentinelOne Trading Up 0.2%

Shares of SentinelOne stock opened at $18.17 on Monday. The firm's 50-day moving average price is $17.95 and its two-hundred day moving average price is $18.22. SentinelOne, Inc. has a 1-year low of $15.36 and a 1-year high of $29.29. The stock has a market capitalization of $6.06 billion, a price-to-earnings ratio of -13.77 and a beta of 0.78.

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.

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