Signaturefd LLC Sells 4,710 Shares of SentinelOne, Inc. $S

Signaturefd LLC trimmed its position in SentinelOne, Inc. (NYSE:S) by 76.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,439 shares of the company’s stock after selling 4,710 shares during the quarter. Signaturefd LLC’s holdings in SentinelOne were worth $26,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Massachusetts Financial Services Co. MA increased its stake in SentinelOne by 92.3% during the first quarter. Massachusetts Financial Services Co. MA now owns 5,329,905 shares of the company’s stock worth $96,898,000 after acquiring an additional 2,558,702 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in SentinelOne by 131.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,374,714 shares of the company’s stock worth $79,532,000 after acquiring an additional 2,483,136 shares during the last quarter. Nuveen LLC purchased a new position in shares of SentinelOne during the first quarter valued at approximately $33,628,000. Penserra Capital Management LLC boosted its position in shares of SentinelOne by 71.8% during the first quarter. Penserra Capital Management LLC now owns 3,378,778 shares of the company’s stock valued at $61,426,000 after buying an additional 1,411,626 shares during the period. Finally, Vanguard Group Inc. boosted its position in shares of SentinelOne by 4.4% during the first quarter. Vanguard Group Inc. now owns 31,199,885 shares of the company’s stock valued at $567,214,000 after buying an additional 1,318,533 shares during the period. 90.87% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

S has been the subject of several recent analyst reports. JMP Securities restated a “market outperform” rating and set a $29.00 target price on shares of SentinelOne in a research report on Tuesday, September 9th. Rosenblatt Securities started coverage on SentinelOne in a research report on Friday, July 18th. They set a “buy” rating and a $24.00 target price for the company. Morgan Stanley reiterated a “positive” rating on shares of SentinelOne in a report on Tuesday, September 2nd. Wells Fargo & Company boosted their price target on SentinelOne from $18.00 to $19.00 and gave the company an “equal weight” rating in a report on Friday, August 29th. Finally, BTIG Research reiterated a “neutral” rating on shares of SentinelOne in a report on Monday, August 25th. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $24.26.

Insider Buying and Selling at SentinelOne

In other news, CAO Robin Tomasello sold 8,508 shares of the stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $18.69, for a total transaction of $159,014.52. Following the sale, the chief accounting officer directly owned 297,536 shares of the company’s stock, valued at $5,560,947.84. This represents a 2.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Ric Smith sold 23,520 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $18.07, for a total transaction of $425,006.40. Following the completion of the transaction, the insider directly owned 928,021 shares in the company, valued at $16,769,339.47. This represents a 2.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 395,336 shares of company stock worth $7,184,807. 4.33% of the stock is currently owned by company insiders.

SentinelOne Stock Performance

Shares of S opened at $17.25 on Wednesday. The business’s 50-day moving average is $17.71 and its two-hundred day moving average is $18.15. The company has a market capitalization of $5.75 billion, a P/E ratio of -13.06 and a beta of 0.76. SentinelOne, Inc. has a fifty-two week low of $15.36 and a fifty-two week high of $29.29.

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.