Barclays PLC Lowers Stock Holdings in SentinelOne, Inc. (NYSE:S)

Barclays PLC reduced its stake in shares of SentinelOne, Inc. (NYSE:S - Free Report) by 7.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 302,308 shares of the company's stock after selling 22,907 shares during the quarter. Barclays PLC owned approximately 0.09% of SentinelOne worth $6,711,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in S. Smartleaf Asset Management LLC boosted its holdings in shares of SentinelOne by 86.6% during 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 during the 4th quarter valued at $28,000. Crewe Advisors LLC bought a new stake in shares of SentinelOne during the 4th quarter valued at $33,000. Arlington Trust Co LLC bought a new stake in shares of SentinelOne during the 4th quarter valued at $33,000. Finally, CIBC Private Wealth Group LLC boosted its holdings in shares of SentinelOne by 866.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 2,059 shares of the company's stock valued at $46,000 after buying an additional 1,846 shares in the last quarter. 90.87% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. JPMorgan Chase & Co. dropped their price target on shares of SentinelOne from $33.00 to $27.00 and set an "overweight" rating on the stock in a research note on Monday, March 10th. Susquehanna dropped their price target on shares of SentinelOne from $30.00 to $25.00 and set a "positive" rating on the stock in a research note on Thursday, March 13th. Oppenheimer assumed coverage on shares of SentinelOne in a research note on Wednesday, January 15th. They issued an "outperform" rating and a $32.00 price target on the stock. Scotiabank dropped their price target on shares of SentinelOne from $26.00 to $19.00 and set a "sector perform" rating on the stock in a research note on Thursday, March 13th. Finally, Piper Sandler dropped their price target on shares of SentinelOne from $32.00 to $28.00 and set an "overweight" 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 given a buy rating and four have issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $26.13.

Insider Buying and Selling at SentinelOne

In other news, CFO Barbara A. Larson sold 10,172 shares of the business'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 sale, the chief financial officer now directly owns 473,223 shares in the company, valued at $9,355,618.71. The trade was a 2.10 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Tomer Weingarten sold 60,864 shares of the company's stock in a transaction dated Thursday, April 24th. The shares were sold at an average price of $17.82, for a total transaction of $1,084,596.48. Following the transaction, the chief executive officer now owns 1,581,396 shares in the company, valued at $28,180,476.72. The trade was a 3.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 502,136 shares of company stock worth $9,896,262. Insiders own 5.60% of the company's stock.

SentinelOne Stock Down 1.5 %

NYSE S traded down $0.28 on Wednesday, reaching $18.50. The company had a trading volume of 2,467,309 shares, compared to its average volume of 4,994,329. The stock has a market capitalization of $6.10 billion, a PE ratio of -19.68 and a beta of 0.82. The firm's 50 day moving average price is $18.65 and its 200 day moving average price is $22.63. SentinelOne, Inc. has a 12 month low of $14.33 and a 12 month high of $29.29.

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.