SentinelOne, Inc. (NYSE:S) Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its position in shares of SentinelOne, Inc. (NYSE:S) by 3.0% in the third quarter, HoldingsChannel reports. The firm owned 1,830,262 shares of the company’s stock after selling 57,126 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in SentinelOne were worth $43,780,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in S. Waldron Private Wealth LLC acquired a new position in shares of SentinelOne in the 3rd quarter worth approximately $26,000. Blue Trust Inc. acquired a new stake in shares of SentinelOne during the second quarter worth about $27,000. Allspring Global Investments Holdings LLC grew its position in shares of SentinelOne by 49.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock worth $28,000 after acquiring an additional 434 shares during the last quarter. Unique Wealth Strategies LLC purchased a new stake in shares of SentinelOne in the second quarter valued at about $49,000. Finally, Capital Performance Advisors LLP acquired a new position in shares of SentinelOne in the third quarter valued at approximately $55,000. 90.87% of the stock is owned by hedge funds and other institutional investors.

SentinelOne Trading Up 0.4 %

NYSE:S opened at $27.55 on Wednesday. The stock has a market capitalization of $8.74 billion, a price-to-earnings ratio of -29.62 and a beta of 0.67. SentinelOne, Inc. has a 12 month low of $14.33 and a 12 month high of $30.76. The firm has a fifty day simple moving average of $26.10 and a two-hundred day simple moving average of $23.04.

Wall Street Analyst Weigh In

Several analysts recently commented on S shares. Susquehanna raised their price objective on shares of SentinelOne from $22.00 to $28.00 and gave the company a “positive” rating in a research note on Thursday, September 5th. Scotiabank upped their price target on shares of SentinelOne from $18.00 to $25.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 28th. JPMorgan Chase & Co. raised their target price on shares of SentinelOne from $30.00 to $33.00 and gave the company an “overweight” rating in a research note on Friday, November 29th. Loop Capital upped their target price on shares of SentinelOne from $25.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, August 28th. Finally, Westpark Capital restated a “buy” rating and issued a $34.00 price target on shares of SentinelOne in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, eighteen have assigned a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.04.

Insider Buying and Selling at SentinelOne

In related news, CEO Tomer Weingarten sold 38,607 shares of the stock in a transaction on Friday, September 6th. The shares were sold at an average price of $22.80, for a total transaction of $880,239.60. Following the transaction, the chief executive officer now owns 1,060,749 shares of the company’s stock, valued at approximately $24,185,077.20. This trade represents a 3.51 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Robin Tomasello sold 5,022 shares of SentinelOne stock in a transaction on Friday, September 6th. The stock was sold at an average price of $22.80, for a total transaction of $114,501.60. Following the completion of the transaction, the chief accounting officer now directly owns 193,542 shares in the company, valued at approximately $4,412,757.60. The trade was a 2.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 417,541 shares of company stock worth $10,032,448. Corporate insiders own 5.60% of the company’s stock.

About SentinelOne

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.