Vestor Capital LLC Makes New Investment in SentinelOne, Inc. (NYSE:S)

Vestor Capital LLC acquired a new position in shares of SentinelOne, Inc. (NYSE:S) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 143,682 shares of the company’s stock, valued at approximately $3,190,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Erste Asset Management GmbH bought a new stake in SentinelOne during the 3rd quarter worth about $4,816,000. Charles Schwab Investment Management Inc. boosted its stake in shares of SentinelOne by 55.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,597,374 shares of the company’s stock valued at $62,129,000 after purchasing an additional 921,572 shares during the last quarter. Carnegie Investment Counsel bought a new position in shares of SentinelOne in the 4th quarter valued at about $7,167,000. Banco Santander S.A. bought a new position in shares of SentinelOne in the 3rd quarter valued at about $5,002,000. Finally, Franklin Resources Inc. boosted its stake in shares of SentinelOne by 5.5% in the 3rd quarter. Franklin Resources Inc. now owns 26,424 shares of the company’s stock valued at $698,000 after purchasing an additional 1,366 shares during the last quarter. Institutional investors own 90.87% of the company’s stock.

Insider Activity

In related news, CAO Robin Tomasello sold 6,378 shares of the firm’s stock in a transaction on Thursday, March 6th. The shares were 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Tomer Weingarten sold 81,619 shares of the firm’s stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $19.59, for a total transaction of $1,598,916.21. Following the completion of the transaction, the chief executive officer now directly owns 879,494 shares of the company’s stock, valued at $17,229,287.46. This represents a 8.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 367,096 shares of company stock worth $7,853,262 over the last ninety days. Insiders own 5.60% of the company’s stock.

SentinelOne Stock Down 0.5 %

NYSE S opened at $19.27 on Friday. SentinelOne, Inc. has a 12-month low of $14.33 and a 12-month high of $29.29. The company has a market capitalization of $6.19 billion, a PE ratio of -20.50 and a beta of 0.78. The firm’s 50 day moving average is $21.94 and its 200-day moving average is $23.81.

Analysts Set New Price Targets

S has been the topic of several recent research reports. Guggenheim reaffirmed a “buy” rating and issued a $31.00 target price on shares of SentinelOne in a research note on Thursday, December 5th. Morgan Stanley initiated coverage on shares of SentinelOne in a research note on Tuesday. They issued an “equal weight” rating and a $20.00 target price on the stock. Barclays reduced their target price on shares of SentinelOne from $24.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 11th. JPMorgan Chase & Co. reduced their target price 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. Finally, Canaccord Genuity Group reduced their price objective on shares of SentinelOne from $30.00 to $26.00 and set a “buy” rating on the stock in a research note on Thursday, March 13th. Seven equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, SentinelOne currently has an average rating of “Moderate Buy” and a consensus price target of $26.33.

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.