PDT Partners LLC Sells 150,710 Shares of SentinelOne, Inc. (NYSE:S)

PDT Partners LLC lessened its holdings in SentinelOne, Inc. (NYSE:S - Free Report) by 87.3% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 21,888 shares of the company's stock after selling 150,710 shares during the period. PDT Partners LLC's holdings in SentinelOne were worth $486,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Smartleaf Asset Management LLC raised its position in SentinelOne by 86.6% in 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 period. Avion Wealth purchased a new stake in shares of SentinelOne during the 4th quarter worth approximately $28,000. Crewe Advisors LLC bought a new stake in shares of SentinelOne in the 4th quarter worth approximately $33,000. Arlington Trust Co LLC purchased a new position in SentinelOne in the fourth quarter valued at approximately $33,000. Finally, Foster Dykema Cabot & Partners LLC bought a new position in SentinelOne during the fourth quarter valued at $40,000. 90.87% of the stock is owned by institutional investors.

Insider Buying and Selling

In other SentinelOne news, insider Ric Smith sold 14,584 shares of SentinelOne stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $20.96, for a total value of $305,680.64. Following the transaction, the insider now directly owns 529,118 shares of the company's stock, valued at $11,090,313.28. The trade was a 2.68 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Tomer Weingarten sold 60,864 shares of the stock in a transaction that occurred on Thursday, April 24th. The shares were sold at an average price of $17.82, for a total value of $1,084,596.48. Following the sale, the chief executive officer now directly owns 1,581,396 shares of the company's stock, valued at approximately $28,180,476.72. This trade represents a 3.71 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 502,136 shares of company stock worth $9,896,262 in the last quarter. 5.60% of the stock is owned by insiders.

SentinelOne Stock Up 0.2 %

NYSE S opened at $18.55 on Friday. The stock's 50-day simple moving average is $18.58 and its two-hundred day simple moving average is $22.58. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $29.29. The company has a market capitalization of $6.11 billion, a price-to-earnings ratio of -19.73 and a beta of 0.82.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on S. JPMorgan Chase & Co. dropped their price target on SentinelOne from $33.00 to $27.00 and set an "overweight" rating on the stock in a research report on Monday, March 10th. Oppenheimer started coverage on shares of SentinelOne in a research report on Wednesday, January 15th. They set an "outperform" rating and a $32.00 target price for the company. Scotiabank reduced their target price on shares of SentinelOne from $26.00 to $19.00 and set a "sector perform" rating for the company in a research note on Thursday, March 13th. UBS Group dropped their price target on shares of SentinelOne from $25.00 to $19.00 and set a "neutral" rating on the stock in a research note on Thursday, March 13th. Finally, Jefferies Financial Group reduced their price objective on shares of SentinelOne from $25.00 to $23.00 and set a "buy" rating for the company in a research note on Monday, March 31st. Seven investment 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 data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price 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.

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