SentinelOne, Inc. $S Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. trimmed its holdings in shares of SentinelOne, Inc. (NYSE:S) by 77.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 268,736 shares of the company’s stock after selling 901,675 shares during the period. Assenagon Asset Management S.A.’s holdings in SentinelOne were worth $4,912,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. CENTRAL TRUST Co bought a new position in shares of SentinelOne during the first quarter worth about $26,000. Parallel Advisors LLC grew its position in shares of SentinelOne by 94.0% during the first quarter. Parallel Advisors LLC now owns 1,944 shares of the company’s stock worth $35,000 after acquiring an additional 942 shares during the last quarter. GAMMA Investing LLC grew its position in shares of SentinelOne by 513.3% during the first quarter. GAMMA Investing LLC now owns 1,938 shares of the company’s stock worth $35,000 after acquiring an additional 1,622 shares during the last quarter. Versant Capital Management Inc grew its position in shares of SentinelOne by 510.9% during the first quarter. Versant Capital Management Inc now owns 2,297 shares of the company’s stock worth $42,000 after acquiring an additional 1,921 shares during the last quarter. Finally, Smallwood Wealth Investment Management LLC bought a new position in shares of SentinelOne during the first quarter worth about $73,000. 90.87% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at SentinelOne

In other news, CEO Tomer Weingarten sold 162,794 shares of the firm’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $18.38, for a total transaction of $2,992,153.72. Following the completion of the transaction, the chief executive officer owned 1,298,982 shares in the company, valued at approximately $23,875,289.16. This trade represents a 11.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO Robin Tomasello sold 8,508 shares of the firm’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $18.69, for a total transaction of $159,014.52. Following the completion of the transaction, the chief accounting officer owned 297,536 shares of the company’s stock, valued at approximately $5,560,947.84. The trade was a 2.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 340,753 shares of company stock worth $6,195,217. Company insiders own 4.33% of the company’s stock.

SentinelOne Trading Down 1.4%

NYSE:S opened at $18.20 on Thursday. SentinelOne, Inc. has a twelve month low of $15.36 and a twelve month high of $29.29. The company has a 50-day moving average of $17.94 and a 200-day moving average of $18.23. The firm has a market cap of $6.07 billion, a price-to-earnings ratio of -13.78 and a beta of 0.78.

Analyst Ratings Changes

Several research firms have recently commented on S. JMP Securities restated a “market outperform” rating and set a $29.00 price target on shares of SentinelOne in a research report on Tuesday, September 9th. UBS Group upped their price target on shares of SentinelOne from $19.00 to $21.00 and gave the stock a “neutral” rating in a research report on Friday, August 29th. Westpark Capital reiterated a “buy” rating and issued a $25.00 target price on shares of SentinelOne in a research report on Friday, August 29th. Needham & Company LLC increased their target price on shares of SentinelOne from $22.00 to $23.00 and gave the company a “buy” rating in a research report on Friday, August 29th. Finally, Sanford C. Bernstein increased their target price on shares of SentinelOne from $25.00 to $26.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $24.26.

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.