Ameriprise Financial Inc. Has $5.18 Million Stock Holdings in SentinelOne, Inc. (NYSE:S)

Ameriprise Financial Inc. boosted its position in SentinelOne, Inc. (NYSE:S - Free Report) by 12.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 233,313 shares of the company's stock after buying an additional 25,532 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.07% of SentinelOne worth $5,180,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of S. Smartleaf Asset Management LLC raised its position in shares of SentinelOne by 86.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company's stock valued at $27,000 after buying an additional 556 shares in the last quarter. Avion Wealth bought a new stake in shares of SentinelOne in the 4th quarter valued at about $28,000. Arlington Trust Co LLC bought a new position in SentinelOne during the 4th quarter worth approximately $33,000. Crewe Advisors LLC bought a new stake in SentinelOne during the fourth quarter valued at $33,000. Finally, Foster Dykema Cabot & Partners LLC bought a new stake in shares of SentinelOne during the 4th quarter valued at about $40,000. Institutional investors own 90.87% of the company's stock.

Insider Buying and Selling

In related news, CEO Tomer Weingarten sold 81,619 shares of the company's stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $19.59, for a total transaction 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 approximately $17,229,287.46. This represents a 8.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Robin Tomasello sold 6,378 shares of the business's stock in a transaction dated 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 directly owns 230,685 shares of the company's stock, valued at approximately $4,509,891.75. This represents a 2.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 417,914 shares of company stock worth $7,830,519 in the last three months. Corporate insiders own 4.33% of the company's stock.

Analyst Ratings Changes

A number of brokerages have commented on S. Susquehanna decreased their price target on shares of SentinelOne from $30.00 to $25.00 and set a "positive" rating for the company in a research note on Thursday, March 13th. Jefferies Financial Group dropped their target price on shares of SentinelOne from $25.00 to $23.00 and set a "buy" rating on the stock in a research note on Monday, March 31st. Morgan Stanley lowered their target price on SentinelOne from $20.00 to $18.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 16th. Westpark Capital decreased their target price on shares of SentinelOne from $34.00 to $31.00 and set a "buy" rating on the stock in a report on Tuesday, March 11th. Finally, Bank of America cut their target price 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. Seven equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $26.10.

SentinelOne Trading Up 1.6%

Shares of SentinelOne stock traded up $0.31 on Tuesday, reaching $20.07. 4,978,821 shares of the stock were exchanged, compared to its average volume of 5,037,614. The firm has a market capitalization of $6.62 billion, a PE ratio of -21.35 and a beta of 0.81. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $29.29. The business has a fifty day moving average price of $18.59 and a two-hundred day moving average price of $21.74.

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.