SentinelOne, Inc. $S Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lowered its holdings in SentinelOne, Inc. (NYSE:S) by 78.7% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 110,337 shares of the company’s stock after selling 408,340 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in SentinelOne were worth $2,017,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Cetera Investment Advisers lifted its position in shares of SentinelOne by 27.2% during the 1st quarter. Cetera Investment Advisers now owns 49,575 shares of the company’s stock worth $901,000 after buying an additional 10,616 shares during the last quarter. LPL Financial LLC lifted its position in SentinelOne by 2.3% in the first quarter. LPL Financial LLC now owns 130,558 shares of the company’s stock valued at $2,374,000 after acquiring an additional 2,892 shares during the last quarter. Vanguard Group Inc. boosted its stake in SentinelOne by 4.4% in the first quarter. Vanguard Group Inc. now owns 31,199,885 shares of the company’s stock valued at $567,214,000 after acquiring an additional 1,318,533 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of SentinelOne by 0.4% during the first quarter. Charles Schwab Investment Management Inc. now owns 2,648,740 shares of the company’s stock worth $48,154,000 after purchasing an additional 10,543 shares during the last quarter. Finally, Deutsche Bank AG increased its position in shares of SentinelOne by 3.0% during the first quarter. Deutsche Bank AG now owns 900,381 shares of the company’s stock worth $16,369,000 after purchasing an additional 26,528 shares in the last quarter. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Insider Transactions at SentinelOne

In other SentinelOne news, insider Keenan Michael Conder sold 11,098 shares of the firm’s stock in a transaction on Monday, September 8th. The stock was sold at an average price of $18.69, for a total value of $207,421.62. Following the completion of the sale, the insider owned 579,407 shares of the company’s stock, valued at approximately $10,829,116.83. This trade represents a 1.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Robin Tomasello sold 8,508 shares of the company’s stock in a transaction on Monday, September 8th. The stock was sold at an average price of $18.69, for a total transaction of $159,014.52. Following the transaction, the chief accounting officer directly owned 297,536 shares in the company, valued at approximately $5,560,947.84. This trade represents a 2.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 481,090 shares of company stock valued at $8,637,206 in the last three months. Insiders own 4.33% of the company’s stock.

SentinelOne Trading Down 0.1%

Shares of S opened at $16.95 on Friday. The stock’s 50 day moving average is $17.00 and its two-hundred day moving average is $17.71. SentinelOne, Inc. has a twelve month low of $15.17 and a twelve month high of $26.64. The firm has a market capitalization of $5.65 billion, a PE ratio of -12.84 and a beta of 0.76.

Analyst Ratings Changes

A number of research firms recently issued reports on S. Robert W. Baird raised their price target on SentinelOne from $21.00 to $23.00 and gave the stock an “outperform” rating in a research note on Friday, August 29th. Needham & Company LLC raised their price objective on shares of SentinelOne from $22.00 to $23.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. Morgan Stanley reaffirmed a “positive” rating on shares of SentinelOne in a report on Tuesday, September 2nd. Weiss Ratings reissued a “sell (d-)” rating on shares of SentinelOne in a report on Tuesday. Finally, Jefferies Financial Group increased their price objective on SentinelOne from $23.00 to $25.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $23.81.

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.