Harbour Investments Inc. Acquires 1,225 Shares of SentinelOne, Inc. (NYSE:S)

Harbour Investments Inc. grew its holdings in shares of SentinelOne, Inc. (NYSE:S) by 10.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,166 shares of the company’s stock after acquiring an additional 1,225 shares during the quarter. Harbour Investments Inc.’s holdings in SentinelOne were worth $292,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of S. Smartleaf Asset Management LLC lifted its position in SentinelOne by 86.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock worth $27,000 after buying an additional 556 shares during the last quarter. Avion Wealth bought a new stake in SentinelOne in the 4th quarter worth approximately $28,000. Crewe Advisors LLC bought a new stake in SentinelOne in the 4th quarter worth approximately $33,000. Arlington Trust Co LLC bought a new stake in SentinelOne in the 4th quarter worth approximately $33,000. Finally, Modus Advisors LLC bought a new stake in SentinelOne in the 4th quarter worth approximately $48,000. Institutional investors own 90.87% of the company’s stock.

SentinelOne Stock Down 0.5 %

Shares of S stock opened at $19.27 on Friday. The stock has a market cap of $6.19 billion, a price-to-earnings ratio of -20.50 and a beta of 0.78. The business’s fifty day moving average is $21.94 and its 200 day moving average is $23.81. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $29.29.

Insider Buying and Selling

In other SentinelOne news, insider Ric Smith sold 14,583 shares of the business’s stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $22.75, for a total value of $331,763.25. Following the sale, the insider now directly owns 531,459 shares of the company’s stock, valued at approximately $12,090,692.25. The trade was a 2.67 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 sale, the chief accounting officer now directly owns 230,685 shares in the company, valued at $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. Insiders have sold a total of 367,096 shares of company stock valued at $7,853,262 over the last ninety days. Company insiders own 5.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on S shares. JPMorgan Chase & Co. dropped their target price on SentinelOne from $33.00 to $27.00 and set an “overweight” rating for the company in a research report on Monday, March 10th. Wells Fargo & Company dropped their target price on SentinelOne from $30.00 to $22.00 and set an “overweight” rating for the company in a research report on Thursday, March 13th. Needham & Company LLC dropped their target price on SentinelOne from $32.00 to $23.00 and set a “buy” rating for the company in a research report on Thursday, March 13th. Bank of America decreased their price target on SentinelOne from $29.00 to $24.00 and set a “buy” rating on the stock in a research note on Thursday, March 13th. Finally, Sanford C. Bernstein decreased their price target on SentinelOne from $32.00 to $30.00 and set an “outperform” rating on the stock in a research note on Thursday, December 5th. Seven investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $26.33.

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.