SentinelOne, Inc. (NYSE:S) Shares Acquired by Laird Norton Wetherby Wealth Management LLC

Laird Norton Wetherby Wealth Management LLC lifted its holdings in shares of SentinelOne, Inc. (NYSE:S) by 4.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,425 shares of the company’s stock after acquiring an additional 724 shares during the period. Laird Norton Wetherby Wealth Management LLC’s holdings in SentinelOne were worth $365,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in S. Marshall Wace LLP grew its stake in SentinelOne by 715.4% during the 4th quarter. Marshall Wace LLP now owns 4,794,908 shares of the company’s stock worth $106,447,000 after buying an additional 4,206,900 shares during the last quarter. Norges Bank purchased a new position in SentinelOne during the 4th quarter worth approximately $73,528,000. Federated Hermes Inc. grew its stake in SentinelOne by 368.5% during the 4th quarter. Federated Hermes Inc. now owns 2,603,036 shares of the company’s stock worth $57,787,000 after buying an additional 2,047,430 shares during the last quarter. Raymond James Financial Inc. purchased a new position in SentinelOne during the 4th quarter worth approximately $26,082,000. Finally, Champlain Investment Partners LLC grew its stake in SentinelOne by 34.6% during the 4th quarter. Champlain Investment Partners LLC now owns 4,534,294 shares of the company’s stock worth $100,661,000 after buying an additional 1,164,541 shares during the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

Insider Buying and Selling

In other news, insider Ric Smith sold 14,584 shares of the business’s stock in a transaction 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 completion of 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CAO Robin Tomasello sold 6,378 shares of the business’s stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $19.55, for a total value of $124,689.90. Following the completion of the transaction, the chief accounting officer now directly owns 230,685 shares of the company’s stock, valued at approximately $4,509,891.75. This trade represents a 2.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 432,498 shares of company stock valued at $8,136,199. 5.60% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on S. Scotiabank dropped their price target on SentinelOne from $26.00 to $19.00 and set a “sector perform” rating on the stock in a research note on Thursday, March 13th. Robert W. Baird dropped their price target on SentinelOne from $30.00 to $28.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 11th. Canaccord Genuity Group dropped their price target on SentinelOne from $30.00 to $26.00 and set a “buy” rating on the stock in a research note on Thursday, March 13th. Wells Fargo & Company lowered their target price on SentinelOne from $30.00 to $22.00 and set an “overweight” rating on the stock in a research note on Thursday, March 13th. Finally, UBS Group lowered their target price on SentinelOne from $25.00 to $19.00 and set a “neutral” rating on the stock in a research note on Thursday, March 13th. Seven equities research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and four have assigned a strong buy rating to the company. According to MarketBeat.com, SentinelOne currently has a consensus rating of “Moderate Buy” and an average price target of $26.13.

SentinelOne Stock Performance

Shares of S stock opened at $20.22 on Friday. The stock has a fifty day moving average price of $18.49 and a 200 day moving average price of $22.08. The stock has a market cap of $6.66 billion, a PE ratio of -21.51 and a beta of 0.81. SentinelOne, Inc. has a 1 year low of $14.33 and a 1 year high of $29.29.

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.