Assenagon Asset Management S.A. Reduces Position in SentinelOne, Inc. $S

Assenagon Asset Management S.A. trimmed its stake in SentinelOne, Inc. (NYSE:S) by 2.6% in the first quarter, HoldingsChannel.com reports. The fund owned 1,295,710 shares of the company’s stock after selling 34,674 shares during the quarter. Assenagon Asset Management S.A.’s holdings in SentinelOne were worth $16,689,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in S. Allworth Financial LP raised its position in shares of SentinelOne by 102.4% in the third quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock valued at $25,000 after buying an additional 726 shares during the last quarter. Strategic Advocates LLC purchased a new stake in SentinelOne in the 3rd quarter worth approximately $26,000. Danske Bank A S acquired a new position in SentinelOne in the 3rd quarter valued at $26,000. Assetmark Inc. lifted its stake in shares of SentinelOne by 700.8% during the 4th quarter. Assetmark Inc. now owns 1,906 shares of the company’s stock worth $29,000 after purchasing an additional 1,668 shares during the period. Finally, MAI Capital Management boosted its holdings in shares of SentinelOne by 121.2% during the third quarter. MAI Capital Management now owns 1,825 shares of the company’s stock worth $32,000 after purchasing an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

SentinelOne Trading Up 6.2%

NYSE S opened at $15.88 on Friday. The company’s fifty day simple moving average is $15.85 and its 200-day simple moving average is $14.65. SentinelOne, Inc. has a 52 week low of $11.81 and a 52 week high of $21.40. The stock has a market cap of $5.44 billion, a P/E ratio of -16.54 and a beta of 0.83.

SentinelOne (NYSE:S) last released its quarterly earnings results on Thursday, May 28th. The company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.02. SentinelOne had a negative net margin of 30.39% and a negative return on equity of 15.35%. The business had revenue of $276.66 million during the quarter, compared to analyst estimates of $277.31 million. During the same period last year, the business earned $0.02 EPS. The business’s revenue was up 20.8% on a year-over-year basis. SentinelOne has set its Q2 2027 guidance at 0.060-0.080 EPS and its FY 2027 guidance at 0.320-0.380 EPS. On average, research analysts expect that SentinelOne, Inc. will post -0.45 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Keenan Michael Conder sold 8,401 shares of SentinelOne stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $15.70, for a total transaction of $131,895.70. Following the sale, the insider directly owned 982,732 shares of the company’s stock, valued at approximately $15,428,892.40. The trade was a 0.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Ana G. Pinczuk sold 16,042 shares of the business’s stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $13.41, for a total value of $215,123.22. Following the completion of the transaction, the insider owned 587,608 shares in the company, valued at approximately $7,879,823.28. This trade represents a 2.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 466,896 shares of company stock worth $7,078,334 over the last quarter. Company insiders own 4.27% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on S. Raymond James Financial downgraded SentinelOne from a “strong-buy” rating to a “market perform” rating and set a $18.00 target price on the stock. in a research report on Friday, May 29th. Rosenblatt Securities reaffirmed a “buy” rating and set a $20.00 price objective on shares of SentinelOne in a research note on Friday, May 29th. Cantor Fitzgerald increased their price objective on shares of SentinelOne from $18.00 to $24.00 and gave the stock an “overweight” rating in a report on Wednesday, May 27th. Weiss Ratings raised shares of SentinelOne from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday. Finally, Needham & Company LLC increased their price target on shares of SentinelOne from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Seventeen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $19.67.

SentinelOne Company Profile

SentinelOne, Inc is a cybersecurity company specializing in AI-driven, autonomous endpoint protection. Founded in 2013 and headquartered in Mountain View, California, the firm developed its Singularity Platform to unify prevention, detection, response, and hunting across endpoints, cloud workloads, containers and IoT devices. SentinelOne’s solutions leverage machine learning and behavioral analytics to identify threats in real time, automate remediation workflows and deliver forensics to support rapid incident response.

The company’s flagship product suite includes endpoint security agents, cloud workload protection, identity threat detection and extended detection and response (XDR) capabilities.