62,518 Shares in SentinelOne, Inc. (NYSE:S) Acquired by Mission Creek Capital Partners Inc.

Mission Creek Capital Partners Inc. acquired a new stake in SentinelOne, Inc. (NYSE:S - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 62,518 shares of the company's stock, valued at approximately $1,388,000.

A number of other hedge funds have also recently modified their holdings of the company. Marshall Wace LLP boosted its position in shares of SentinelOne by 715.4% during the fourth quarter. Marshall Wace LLP now owns 4,794,908 shares of the company's stock valued at $106,447,000 after purchasing an additional 4,206,900 shares in the last quarter. Norges Bank bought a new stake in shares of SentinelOne during the fourth quarter valued at approximately $73,528,000. Federated Hermes Inc. boosted its position in shares of SentinelOne by 368.5% during the fourth quarter. Federated Hermes Inc. now owns 2,603,036 shares of the company's stock valued at $57,787,000 after purchasing an additional 2,047,430 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of SentinelOne during the fourth quarter valued at approximately $26,082,000. Finally, Champlain Investment Partners LLC boosted its position in shares of SentinelOne by 34.6% during the fourth quarter. Champlain Investment Partners LLC now owns 4,534,294 shares of the company's stock valued at $100,661,000 after purchasing an additional 1,164,541 shares in the last quarter. Hedge funds and other institutional investors own 90.87% of the company's stock.

Insider Activity

In other news, CAO Robin Tomasello sold 1,496 shares of the company'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 transaction, the chief accounting officer now owns 233,484 shares of the company's stock, valued at $4,615,978.68. This represents a 0.64 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Tomer Weingarten sold 10,178 shares of the business's 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 sale, the chief executive officer now owns 949,504 shares in the company, valued at approximately $22,740,620.80. This trade represents a 1.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 502,136 shares of company stock worth $9,896,262 over the last three months. Insiders own 5.60% of the company's stock.

SentinelOne Stock Down 1.5 %

Shares of NYSE:S traded down $0.28 during trading on Wednesday, reaching $18.50. 2,467,309 shares of the company's stock traded hands, compared to its average volume of 4,994,327. The firm has a market cap of $6.10 billion, a PE ratio of -19.68 and a beta of 0.82. SentinelOne, Inc. has a fifty-two week low of $14.33 and a fifty-two week high of $29.29. The company has a 50-day simple moving average of $18.65 and a 200-day simple moving average of $22.63.

Analyst Ratings Changes

A number of research analysts have issued reports on S shares. Jefferies Financial Group lowered their price objective on SentinelOne from $25.00 to $23.00 and set a "buy" rating for the company in a research note on Monday, March 31st. Oppenheimer started coverage on SentinelOne in a research note on Wednesday, January 15th. They set an "outperform" rating and a $32.00 price objective for the company. Scotiabank lowered their price objective on SentinelOne from $26.00 to $19.00 and set a "sector perform" rating for the company in a research note on Thursday, March 13th. Needham & Company LLC lowered their price objective on SentinelOne from $32.00 to $23.00 and set a "buy" rating for the company in a research note on Thursday, March 13th. Finally, Wells Fargo & Company lowered their price objective on SentinelOne from $30.00 to $22.00 and set an "overweight" rating for the company in a research note on Thursday, March 13th. Seven research analysts have rated the stock with a hold rating, twenty have issued a buy rating and four have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target 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.