Partners Group Holding AG Acquires New Holdings in SentinelOne, Inc. (NYSE:S)

Partners Group Holding AG bought a new position in shares of SentinelOne, Inc. (NYSE:S) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 22,841 shares of the company’s stock, valued at approximately $507,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Smartleaf Asset Management LLC raised its holdings in 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 acquiring an additional 556 shares during the last quarter. Bullseye Asset Management LLC lifted its holdings in shares of SentinelOne by 1.5% during the 3rd quarter. Bullseye Asset Management LLC now owns 67,100 shares of the company’s stock worth $1,605,000 after acquiring an additional 1,000 shares during the period. MetLife Investment Management LLC lifted its holdings in shares of SentinelOne by 17.4% during the 3rd quarter. MetLife Investment Management LLC now owns 6,828 shares of the company’s stock worth $163,000 after acquiring an additional 1,012 shares during the period. Legato Capital Management LLC boosted its position in shares of SentinelOne by 8.1% in the fourth quarter. Legato Capital Management LLC now owns 13,682 shares of the company’s stock worth $304,000 after acquiring an additional 1,022 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in SentinelOne by 48.1% in the fourth quarter. Jones Financial Companies Lllp now owns 3,285 shares of the company’s stock valued at $73,000 after purchasing an additional 1,067 shares during the period. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Oppenheimer initiated coverage on shares of SentinelOne in a report on Wednesday, January 15th. They issued an “outperform” rating and a $32.00 price target on the stock. Westpark Capital reduced their target price on SentinelOne from $34.00 to $31.00 and set a “buy” rating on the stock in a report on Tuesday, March 11th. Citigroup dropped their price target on SentinelOne from $28.00 to $27.00 and set a “neutral” rating for the company in a research note on Friday, January 17th. UBS Group reduced their price objective on SentinelOne from $25.00 to $19.00 and set a “neutral” rating on the stock in a research note on Thursday, March 13th. Finally, Barclays decreased their target price on SentinelOne from $24.00 to $22.00 and set an “equal weight” rating for the company in a report on Tuesday, March 11th. Seven analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $26.33.

Insider Transactions at SentinelOne

In related news, CEO Tomer Weingarten sold 60,864 shares of the firm’s stock in a transaction that occurred on Tuesday, January 7th. The stock was sold at an average price of $22.52, for a total value of $1,370,657.28. Following the sale, the chief executive officer now owns 959,682 shares of the company’s stock, valued at approximately $21,612,038.64. This trade represents a 5.96 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Ric Smith sold 31,659 shares of the business’s stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of $19.10, for a total transaction of $604,686.90. Following the transaction, the insider now directly owns 477,271 shares of the company’s stock, valued at $9,115,876.10. The trade was a 6.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 367,096 shares of company stock worth $7,853,262. 5.60% of the stock is currently owned by corporate insiders.

SentinelOne Stock Down 0.5 %

Shares of SentinelOne stock opened at $19.27 on Friday. The business has a 50-day moving average price of $21.94 and a 200 day moving average price of $23.82. SentinelOne, Inc. has a fifty-two week low of $14.33 and a fifty-two week high of $29.29. The firm has a market cap of $6.19 billion, a P/E ratio of -20.50 and a beta of 0.78.

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.