Tower Research Capital LLC TRC Has $48,000 Stock Position in SentinelOne, Inc. (NYSE:S)

Tower Research Capital LLC TRC lowered its position in shares of SentinelOne, Inc. (NYSE:S) by 44.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,161 shares of the company’s stock after selling 1,741 shares during the quarter. Tower Research Capital LLC TRC’s holdings in SentinelOne were worth $48,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Smartleaf Asset Management LLC boosted its holdings 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 last quarter. Avion Wealth acquired a new stake in shares of SentinelOne in the 4th quarter valued at approximately $28,000. Crewe Advisors LLC acquired a new stake in shares of SentinelOne in the 4th quarter valued at approximately $33,000. Arlington Trust Co LLC acquired a new stake in shares of SentinelOne in the 4th quarter valued at approximately $33,000. Finally, Foster Dykema Cabot & Partners LLC acquired a new stake in shares of SentinelOne in the 4th quarter valued at approximately $40,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. 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. Needham & Company LLC dropped their price target on SentinelOne from $32.00 to $23.00 and set a “buy” rating on the stock in a research note on Thursday, March 13th. Piper Sandler dropped their price target on SentinelOne from $32.00 to $28.00 and set an “overweight” rating on the stock in a research note on Thursday, March 13th. Barclays dropped their price target on SentinelOne from $24.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 11th. Finally, Jefferies Financial Group dropped their price target on SentinelOne from $25.00 to $23.00 and set a “buy” rating on the stock in a research note on Monday, March 31st. Seven 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, the company has a consensus rating of “Moderate Buy” and an average price target of $26.13.

SentinelOne Stock Up 5.1%

NYSE:S opened at $20.13 on Tuesday. The stock’s 50-day simple moving average is $18.41 and its 200 day simple moving average is $22.20. The firm has a market capitalization of $6.63 billion, a PE ratio of -21.41 and a beta of 0.81. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $29.29.

Insider Activity at SentinelOne

In other SentinelOne news, CAO Robin Tomasello sold 6,378 shares of the business’s stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $19.55, for a total transaction of $124,689.90. Following the sale, the chief accounting officer now directly owns 230,685 shares of the company’s stock, valued at $4,509,891.75. The trade was a 2.69% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Tomer Weingarten sold 81,619 shares of the company’s stock in a transaction that occurred 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 owns 879,494 shares of the company’s stock, valued at approximately $17,229,287.46. This trade represents a 8.49% decrease in their ownership of the stock. 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. 5.60% of the stock is owned by corporate insiders.

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.