SentinelOne, Inc. (NYSE:S) Shares Purchased by Comerica Bank

Comerica Bank raised its position in SentinelOne, Inc. (NYSE:S - Free Report) by 3.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 902,445 shares of the company's stock after buying an additional 26,090 shares during the quarter. Comerica Bank owned approximately 0.28% of SentinelOne worth $20,034,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Smartleaf Asset Management LLC raised its stake in shares of 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 purchasing an additional 556 shares during the last quarter. Avion Wealth acquired a new position in SentinelOne in the 4th quarter valued at $28,000. Crewe Advisors LLC purchased a new position in SentinelOne during the 4th quarter worth $33,000. Arlington Trust Co LLC acquired a new stake in shares of SentinelOne in the 4th quarter worth $33,000. Finally, Foster Dykema Cabot & Partners LLC purchased a new stake in shares of SentinelOne in the fourth quarter valued at about $40,000. 90.87% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Tomer Weingarten sold 60,864 shares of SentinelOne stock in a transaction dated Thursday, April 24th. The stock was sold at an average price of $17.82, for a total value of $1,084,596.48. Following the transaction, the chief executive officer now directly owns 1,581,396 shares of the company's stock, valued at $28,180,476.72. The trade was a 3.71 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Barbara A. Larson sold 10,172 shares of the stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $19.77, for a total transaction of $201,100.44. Following the sale, the chief financial officer now directly owns 473,223 shares of the company's stock, valued at approximately $9,355,618.71. This trade represents a 2.10 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 502,136 shares of company stock valued at $9,896,262. Insiders own 5.60% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Roth Mkm started coverage on shares of SentinelOne in a research report on Wednesday, April 23rd. They issued a "buy" rating and a $26.00 price objective for the company. JPMorgan Chase & Co. reduced their price target on SentinelOne from $33.00 to $27.00 and set an "overweight" rating for the company in a report on Monday, March 10th. Piper Sandler dropped their price objective on SentinelOne from $32.00 to $28.00 and set an "overweight" rating on the stock in a report on Thursday, March 13th. Cantor Fitzgerald reduced their target price on SentinelOne from $30.00 to $24.00 and set an "overweight" rating for the company in a report on Thursday, March 13th. Finally, Bank of America lowered their price target on shares of SentinelOne from $29.00 to $24.00 and set a "buy" rating on the stock in a research note on Thursday, March 13th. Seven investment 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's stock. Based on data from MarketBeat, SentinelOne presently has a consensus rating of "Moderate Buy" and an average target price of $26.13.

SentinelOne Price Performance

S opened at $18.55 on Friday. SentinelOne, Inc. has a 12 month low of $14.33 and a 12 month high of $29.29. The business has a 50-day moving average of $18.58 and a two-hundred day moving average of $22.58. The stock has a market capitalization of $6.11 billion, a price-to-earnings ratio of -19.73 and a beta of 0.82.

SentinelOne 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.

Want to see what other hedge funds are holding S? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SentinelOne, Inc. (NYSE:S - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.