Temasek Holdings Private Ltd Buys Shares of 72,826 SentinelOne, Inc. (NYSE:S)

Temasek Holdings Private Ltd bought a new position in SentinelOne, Inc. (NYSE:S - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 72,826 shares of the company's stock, valued at approximately $1,617,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of S. Barclays PLC grew its position in SentinelOne by 121.9% during the third quarter. Barclays PLC now owns 325,215 shares of the company's stock valued at $7,779,000 after buying an additional 178,685 shares during the period. Franklin Resources Inc. raised its holdings in SentinelOne by 5.5% in the 3rd quarter. Franklin Resources Inc. now owns 26,424 shares of the company's stock worth $698,000 after purchasing an additional 1,366 shares during the period. Carnegie Investment Counsel purchased a new position in SentinelOne during the fourth quarter valued at $7,167,000. Shelton Wealth Management LLC bought a new stake in SentinelOne during the fourth quarter valued at about $1,084,000. Finally, Wealth Management Partners LLC increased its position in SentinelOne by 13.7% in the fourth quarter. Wealth Management Partners LLC now owns 14,796 shares of the company's stock worth $328,000 after buying an additional 1,785 shares in the last quarter. 90.87% of the stock is owned by institutional investors.

Analyst Ratings Changes

S has been the topic of a number of analyst reports. Wells Fargo & Company lowered their price objective on SentinelOne from $30.00 to $22.00 and set an "overweight" rating on the stock in a research report on Thursday, March 13th. UBS Group lowered their price target on shares of SentinelOne from $25.00 to $19.00 and set a "neutral" rating on the stock in a report on Thursday, March 13th. Jefferies Financial Group dropped their price target on shares of SentinelOne from $25.00 to $23.00 and set a "buy" rating for the company in a research report on Monday, March 31st. Piper Sandler decreased their price objective on shares of SentinelOne from $32.00 to $28.00 and set an "overweight" rating on the stock in a research report on Thursday, March 13th. Finally, Barclays lowered their target price on shares of SentinelOne from $24.00 to $22.00 and set an "equal weight" rating on the stock in a research note on Tuesday, March 11th. Seven research analysts have rated the stock with a hold rating, twenty have given a buy rating and four have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $26.13.

Insiders Place Their Bets

In other SentinelOne news, insider Ric Smith sold 14,584 shares of the company's stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $20.96, for a total transaction of $305,680.64. Following the completion of the sale, the insider now owns 529,118 shares in the company, valued at $11,090,313.28. This represents a 2.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Robin Tomasello sold 1,496 shares of the business's stock in a transaction 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 completion of the transaction, the chief accounting officer now directly owns 233,484 shares of the company's stock, valued at approximately $4,615,978.68. The trade was a 0.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 432,498 shares of company stock worth $8,136,199. 5.60% of the stock is currently owned by company insiders.

SentinelOne Price Performance

Shares of SentinelOne stock traded up $0.06 on Tuesday, reaching $20.05. The company had a trading volume of 4,593,643 shares, compared to its average volume of 5,015,503. The firm has a market cap of $6.61 billion, a price-to-earnings ratio of -21.33 and a beta of 0.81. The firm's 50-day moving average price is $18.54 and its two-hundred day moving average price is $21.97. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $29.29.

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.