Royal Bank of Canada Sells 43,410 Shares of SentinelOne, Inc. $S

Royal Bank of Canada lowered its stake in SentinelOne, Inc. (NYSE:S) by 66.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,091 shares of the company’s stock after selling 43,410 shares during the period. Royal Bank of Canada’s holdings in SentinelOne were worth $284,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. AQR Capital Management LLC grew its position in SentinelOne by 93.4% during the 4th quarter. AQR Capital Management LLC now owns 8,212,127 shares of the company’s stock worth $123,182,000 after acquiring an additional 3,965,519 shares during the last quarter. Norges Bank bought a new stake in SentinelOne in the fourth quarter valued at approximately $54,770,000. First Trust Advisors LP boosted its stake in shares of 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 during the period. Diamond Hill Capital Management Inc. purchased a new stake in shares of SentinelOne during the fourth quarter valued at approximately $35,781,000. Finally, Cooper Creek Partners Management LLC bought a new position in shares of SentinelOne in the third quarter worth approximately $41,416,000. Institutional investors own 90.87% of the company’s stock.

SentinelOne News Summary

Here are the key news stories impacting SentinelOne this week:

• Positive Sentiment: SentinelOne reported fiscal Q2 adjusted earnings of $0.08 per share, ahead of the $0.07 consensus estimate and double the year-earlier result. Revenue rose 20.6% year over year to approximately $292 million, slightly exceeding some estimates. SentinelOne Q2 earnings and revenues surpass estimates
• Positive Sentiment: Management issued substantially stronger-than-expected profitability guidance: fiscal Q3 EPS of $0.08-$0.09 versus an analyst forecast for a loss of $0.14, and fiscal 2027 EPS of $0.30-$0.32 versus a projected loss of $0.68. Revenue guidance was broadly in line with consensus. SentinelOne earnings and guidance
• Positive Sentiment: The stock benefited from a cybersecurity-sector re-rating, with capital rotating into previously lagging companies such as SentinelOne and peer Zscaler. Cybersecurity re-rating reaches laggards
• Neutral Sentiment: SentinelOne and Tenable reported that attackers increasingly target technology ecosystems and edge-device vendors, highlighting demand for broader cybersecurity protections but also the evolving threat environment. Attackers target edge-device ecosystems
• Negative Sentiment: Post-earnings selling reflected concerns that quarterly revenue of about $292 million was below some Wall Street estimates near $296 million. SentinelOne also posted an operating loss of roughly $91 million and a net loss of about $93 million, while reports characterized the outlook as mixed. Mixed guidance overshadows strong Q2 results

SentinelOne Trading Up 11.1%

NYSE:S opened at $22.79 on Friday. The company has a 50-day moving average price of $19.20 and a 200-day moving average price of $16.25. SentinelOne, Inc. has a 12 month low of $11.81 and a 12 month high of $23.95. The stock has a market cap of $7.81 billion, a price-to-earnings ratio of -23.74 and a beta of 0.79.

SentinelOne (NYSE:S) last announced its quarterly earnings results on Thursday, August 27th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.01. SentinelOne had a negative net margin of 30.39% and a negative return on equity of 15.35%. The company had revenue of $291.98 million for the quarter, compared to analysts’ expectations of $290.24 million. During the same quarter in the previous year, the company earned ($0.22) earnings per share. SentinelOne’s quarterly revenue was up 20.6% on a year-over-year basis. SentinelOne has set its FY 2027 guidance at 0.300-0.320 EPS and its Q3 2027 guidance at 0.080-0.090 EPS. Equities analysts forecast that SentinelOne, Inc. will post -0.44 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Barclays upped their price target on shares of SentinelOne from $16.00 to $22.00 and gave the company an “equal weight” rating in a report on Thursday, August 20th. Needham & Company LLC raised their price target on shares of SentinelOne from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Scotiabank raised shares of SentinelOne from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the company from $16.00 to $23.50 in a research note on Monday, July 6th. DA Davidson dropped their target price on shares of SentinelOne from $18.00 to $15.00 and set a “neutral” rating for the company in a report on Friday, May 29th. Finally, Jefferies Financial Group raised their target price on SentinelOne from $24.00 to $25.00 and gave the stock a “buy” rating in a research note on Monday. Eighteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, SentinelOne presently has an average rating of “Moderate Buy” and an average target price of $21.07.

Insider Buying and Selling at SentinelOne

In other SentinelOne news, COO Barry L. Padgett sold 9,778 shares of the company’s stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $20.09, for a total transaction of $196,440.02. Following the transaction, the chief operating officer owned 977,430 shares in the company, valued at approximately $19,636,568.70. This represents a 0.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Tomer Weingarten sold 53,811 shares of the stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $20.08, for a total value of $1,080,524.88. Following the completion of the transaction, the chief executive officer directly owned 1,840,586 shares of the company’s stock, valued at $36,958,966.88. This represents a 2.84% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 423,705 shares of company stock worth $7,369,527. 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.