99,832 Shares in SentinelOne, Inc. (NYSE:S) Purchased by Panoramic Capital LLC

Panoramic Capital LLC bought a new position in shares of SentinelOne, Inc. (NYSE:S) in the fourth quarter, Holdings Channel.com reports. The fund bought 99,832 shares of the company’s stock, valued at approximately $2,216,000. SentinelOne makes up approximately 1.2% of Panoramic Capital LLC’s investment portfolio, making the stock its 21st biggest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. Smartleaf Asset Management LLC boosted its stake in shares of SentinelOne by 86.6% in 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 during the period. Avion Wealth purchased a new stake in SentinelOne in the 4th quarter valued at $28,000. Crewe Advisors LLC acquired a new position in SentinelOne in the 4th quarter valued at about $33,000. Arlington Trust Co LLC purchased a new stake in shares of SentinelOne during the fourth quarter worth approximately $33,000. Finally, Foster Dykema Cabot & Partners LLC acquired a new stake in shares of SentinelOne in the 4th quarter worth $40,000. 90.87% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently commented on S shares. Oppenheimer started coverage on shares of SentinelOne in a research note on Wednesday, January 15th. They issued an “outperform” rating and a $32.00 price objective for the company. UBS Group decreased their price target on shares of SentinelOne from $25.00 to $19.00 and set a “neutral” rating for the company in a research report on Thursday, March 13th. Wells Fargo & Company dropped their price target on shares of SentinelOne from $30.00 to $22.00 and set an “overweight” rating on the stock in a research note on Thursday, March 13th. Robert W. Baird decreased their target price on shares of SentinelOne from $30.00 to $28.00 and set an “outperform” rating for the company in a report on Tuesday, March 11th. Finally, Susquehanna lowered their price objective on shares of SentinelOne from $30.00 to $25.00 and set a “positive” rating on the stock in a research report on Thursday, March 13th. Seven research 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 company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $26.13.

SentinelOne Trading Up 1.1%

Shares of S opened at $20.34 on Wednesday. SentinelOne, Inc. has a 12 month low of $14.33 and a 12 month high of $29.29. The stock’s 50 day moving average is $18.41 and its two-hundred day moving average is $22.18. The firm has a market cap of $6.71 billion, a P/E ratio of -21.64 and a beta of 0.81.

Insiders Place Their Bets

In other SentinelOne news, CEO Tomer Weingarten sold 60,864 shares of the company’s stock in a transaction on Tuesday, April 22nd. The shares were sold at an average price of $16.33, for a total transaction of $993,909.12. Following the completion of the transaction, the chief executive officer now owns 1,581,396 shares in the company, valued at approximately $25,824,196.68. This represents a 3.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ric Smith sold 14,584 shares of the stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $20.96, for a total value of $305,680.64. Following the sale, the insider now directly owns 529,118 shares in the company, valued at approximately $11,090,313.28. The trade was a 2.68% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 432,498 shares of company stock valued at $8,136,199 over the last ninety days. Company insiders own 5.60% of the company’s stock.

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.