M&T Bank Corp Has $555,000 Stock Holdings in SentinelOne, Inc. (NYSE:S)

M&T Bank Corp raised its holdings in SentinelOne, Inc. (NYSE:S) by 71.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,045 shares of the company’s stock after buying an additional 10,462 shares during the quarter. M&T Bank Corp’s holdings in SentinelOne were worth $555,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC increased its holdings in shares of SentinelOne by 86.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock worth $27,000 after buying an additional 556 shares in the last quarter. Avion Wealth acquired a new stake in shares of SentinelOne during the fourth quarter worth $28,000. Crewe Advisors LLC acquired a new stake in SentinelOne in the 4th quarter valued at $33,000. Arlington Trust Co LLC acquired a new stake in SentinelOne in the 4th quarter valued at $33,000. Finally, Modus Advisors LLC bought a new position in shares of SentinelOne in the 4th quarter valued at about $48,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

SentinelOne Trading Down 5.4 %

S opened at $18.27 on Friday. The company’s fifty day moving average price is $22.44 and its two-hundred day moving average price is $24.06. The company has a market cap of $5.87 billion, a price-to-earnings ratio of -19.43 and a beta of 0.78. SentinelOne, Inc. has a 1-year low of $14.33 and a 1-year high of $29.29.

Insider Activity

In other SentinelOne news, CEO Tomer Weingarten sold 60,864 shares of the stock in a transaction dated Tuesday, January 7th. The shares were sold at an average price of $22.52, for a total transaction of $1,370,657.28. Following the completion of the transaction, the chief executive officer now owns 959,682 shares in the company, valued at $21,612,038.64. This trade represents a 5.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Ric Smith sold 14,583 shares of the stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $22.75, for a total transaction of $331,763.25. Following the transaction, the insider now owns 531,459 shares of the company’s stock, valued at $12,090,692.25. This represents a 2.67 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 253,818 shares of company stock worth $5,649,659 over the last quarter. Insiders own 5.60% of the company’s stock.

Analysts Set New Price Targets

S has been the subject of several research analyst reports. Canaccord Genuity Group reduced their target price on shares of SentinelOne from $30.00 to $26.00 and set a “buy” rating for the company in a report on Thursday. 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. Bank of America reduced their price objective on shares of SentinelOne from $29.00 to $24.00 and set a “buy” rating on the stock in a research note on Thursday. 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 on the stock. Finally, Piper Sandler reduced their price objective on shares of SentinelOne from $32.00 to $28.00 and set an “overweight” rating on the stock in a research note on Thursday. Seven investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $26.59.

SentinelOne 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.