SentinelOne, Inc. (NYSE:S) Stock Holdings Lessened by NorthRock Partners LLC

NorthRock Partners LLC decreased its position in SentinelOne, Inc. (NYSE:S - Free Report) by 17.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 180,000 shares of the company's stock after selling 38,500 shares during the period. NorthRock Partners LLC owned about 0.06% of SentinelOne worth $3,996,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Guggenheim Capital LLC boosted its holdings in SentinelOne by 1.4% during the fourth quarter. Guggenheim Capital LLC now owns 34,396 shares of the company's stock worth $764,000 after buying an additional 478 shares in the last quarter. Smartleaf Asset Management LLC raised its position in SentinelOne by 86.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company's stock worth $27,000 after acquiring an additional 556 shares during the last quarter. Laird Norton Wetherby Wealth Management LLC raised its position in SentinelOne by 4.6% during the fourth quarter. Laird Norton Wetherby Wealth Management LLC now owns 16,425 shares of the company's stock worth $365,000 after acquiring an additional 724 shares during the last quarter. Legato Capital Management LLC raised its position in SentinelOne by 8.1% during the fourth quarter. Legato Capital Management LLC now owns 13,682 shares of the company's stock worth $304,000 after acquiring an additional 1,022 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its position in SentinelOne by 48.1% during the fourth quarter. Jones Financial Companies Lllp now owns 3,285 shares of the company's stock worth $73,000 after acquiring an additional 1,067 shares during the last quarter. Hedge funds and other institutional investors own 90.87% of the company's stock.

SentinelOne Stock Up 0.5%

Shares of SentinelOne stock traded up $0.10 during trading hours on Friday, hitting $20.22. The company's stock had a trading volume of 2,467,549 shares, compared to its average volume of 5,005,850. 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 of $18.49 and a 200 day moving average of $22.08. The company has a market capitalization of $6.66 billion, a PE ratio of -21.51 and a beta of 0.81.

Insider Transactions at SentinelOne

In other news, CFO Barbara A. Larson sold 10,172 shares of the firm's stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $19.77, for a total value of $201,100.44. Following the transaction, the chief financial officer now directly owns 473,223 shares in the company, valued at approximately $9,355,618.71. This trade represents a 2.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Tomer Weingarten sold 81,619 shares of the firm's stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $19.59, for a total transaction of $1,598,916.21. Following the completion of the transaction, the chief executive officer now owns 879,494 shares in the company, valued at approximately $17,229,287.46. The trade was a 8.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 432,498 shares of company stock valued at $8,136,199 over the last 90 days. Corporate insiders own 5.60% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on S. Wells Fargo & Company cut their target price on shares of SentinelOne from $30.00 to $22.00 and set an "overweight" rating for the company in a research report on Thursday, March 13th. Morgan Stanley cut their target price on shares of SentinelOne from $20.00 to $18.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 16th. Citigroup cut their price objective on shares of SentinelOne from $28.00 to $27.00 and set a "neutral" rating for the company in a research report on Friday, January 17th. Needham & Company LLC cut their price objective on shares of SentinelOne from $32.00 to $23.00 and set a "buy" rating for the company in a research report on Thursday, March 13th. Finally, Cantor Fitzgerald cut their price objective on shares of SentinelOne from $30.00 to $24.00 and set an "overweight" rating for the company in a research report on Thursday, March 13th. Seven research analysts have rated the stock with a hold rating, twenty have given a buy rating and four have issued a strong buy rating to the company. According to MarketBeat.com, SentinelOne presently has a consensus rating of "Moderate Buy" and an average target price of $26.13.

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.