Assenagon Asset Management S.A. Has $17.24 Million Holdings in SentinelOne, Inc. $S

Key Points

• Assenagon Asset Management cut its SentinelOne stake by 21.6% in the second quarter, selling 279,892 shares and retaining 1.02 million shares valued at approximately $17.24 million. Institutional investors and hedge funds collectively own 90.87% of the company.
• Analyst sentiment remains positive, with 18 Buy ratings, 10 Holds and one Sell rating. SentinelOne has a consensus “Moderate Buy” rating and an average price target of $19.93.
• SentinelOne reported quarterly EPS of $0.04, beating estimates by $0.02, while revenue rose 20.8% year over year to $276.66 million. Despite the growth, the company posted a negative net margin of 30.39%, and insiders have sold $7.37 million worth of shares over the past 90 days.

Assenagon Asset Management S.A. decreased its position in shares of SentinelOne, Inc. (NYSE:S - Free Report) by 21.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,015,818 shares of the company's stock after selling 279,892 shares during the quarter. Assenagon Asset Management S.A. owned 0.30% of SentinelOne worth $17,238,000 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. Caprock Group LLC lifted its holdings in shares of SentinelOne by 2,275.2% during the 4th quarter. Caprock Group LLC now owns 7,749,446 shares of the company's stock worth $116,242,000 after acquiring an additional 7,423,177 shares during the period. AQR Capital Management LLC increased its stake in SentinelOne by 93.4% in the fourth quarter. AQR Capital Management LLC now owns 8,212,127 shares of the company's stock valued at $123,182,000 after acquiring an additional 3,965,519 shares during the last quarter. Norges Bank bought a new position in SentinelOne in the fourth quarter valued at approximately $54,770,000. First Trust Advisors LP raised its position in SentinelOne by 38.1% during the fourth quarter. First Trust Advisors LP now owns 13,146,797 shares of the company's stock valued at $197,202,000 after purchasing an additional 3,624,707 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. acquired a new position in SentinelOne during the fourth quarter valued at approximately $35,781,000. 90.87% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Citigroup upgraded SentinelOne from a "neutral" rating to a "buy" rating in a research note on Friday, May 29th. Rosenblatt Securities restated a "buy" rating and set a $20.00 price objective on shares of SentinelOne in a research report on Wednesday, July 1st. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $15.50 price objective on shares of SentinelOne in a research note on Friday, May 29th. Barclays decreased their target price on SentinelOne from $19.00 to $16.00 and set an "equal weight" rating on the stock in a research report on Friday, May 29th. Finally, UBS Group boosted their target price on SentinelOne from $15.00 to $16.00 and gave the stock a "neutral" rating in a research note on Friday, May 29th. Eighteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, SentinelOne currently has an average rating of "Moderate Buy" and a consensus target price of $19.93.

SentinelOne Trading Up 4.0%

NYSE:S opened at $22.25 on Tuesday. The stock's 50-day moving average is $17.55 and its 200-day moving average is $15.54. SentinelOne, Inc. has a 1-year low of $11.81 and a 1-year high of $22.44. The stock has a market cap of $7.63 billion, a P/E ratio of -23.18 and a beta of 0.79.

SentinelOne (NYSE:S - Get Free Report) last issued its quarterly earnings data on Thursday, May 28th. The company reported $0.04 earnings per share (EPS) 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 quarter last year, the business earned $0.02 EPS. The firm's quarterly 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. As a group, equities analysts forecast that SentinelOne, Inc. will post -0.44 EPS for the current year.

Insider Buying and Selling at SentinelOne

In other SentinelOne news, insider Keenan Michael Conder sold 26,374 shares of SentinelOne stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $20.08, for a total transaction of $529,589.92. Following the transaction, the insider directly owned 956,358 shares of the company's stock, valued at approximately $19,203,668.64. The trade was a 2.68% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Tomer Weingarten sold 57,941 shares of the company's stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $18.75, for a total value of $1,086,393.75. Following the completion of the sale, the chief executive officer owned 1,894,397 shares in the company, valued at $35,519,943.75. This trade represents a 2.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 423,705 shares of company stock worth $7,369,527 over the last 90 days. Company insiders own 4.27% of the company's stock.

SentinelOne 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.

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