SentinelOne (NYSE:S) Stock Price Down 6% – Time to Sell?

SentinelOne, Inc. (NYSE:S)’s share price traded down 6% on Friday. The stock traded as low as $22.64 and last traded at $22.5350. Approximately 6,691,465 shares changed hands during trading, a decline of 18% from the average daily volume of 8,128,108 shares. The stock had previously closed at $23.98.

Wall Street Analyst Weigh In

S has been the topic of a number of research analyst reports. Citizens Jmp boosted their target price on SentinelOne from $23.00 to $25.00 and gave the stock a “market outperform” rating in a research note on Friday, August 28th. Rosenblatt Securities reaffirmed a “buy” rating and set a $25.00 price target on shares of SentinelOne in a research report on Friday, August 28th. Scotiabank reissued an “outperform” rating on shares of SentinelOne in a research report on Friday, August 28th. Bank of America upgraded SentinelOne from a “neutral” rating to a “buy” rating and upped their price objective for the company from $16.00 to $20.00 in a research note on Friday, May 29th. Finally, Raymond James Financial cut SentinelOne from a “strong-buy” rating to a “market perform” rating and set a $18.00 target price on the stock. in a research note on Friday, May 29th. Sixteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $23.64.

SentinelOne Trading Down 6.4%

The stock has a market cap of $7.81 billion, a PE ratio of -22.19 and a beta of 0.77. The business has a 50-day moving average price of $20.94 and a 200 day moving average price of $17.42.

SentinelOne (NYSE:S) last announced its quarterly earnings data on Thursday, August 27th. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.01. The company had revenue of $291.98 million during the quarter, compared to analyst estimates of $290.24 million. SentinelOne had a negative return on equity of 15.73% and a negative net margin of 30.95%.The firm’s revenue for the quarter was up 20.6% on a year-over-year basis. During the same quarter last year, the firm posted ($0.22) EPS. SentinelOne has set its FY 2027 guidance at 0.300-0.320 EPS and its Q3 2027 guidance at 0.080-0.090 EPS. On average, equities analysts predict that SentinelOne, Inc. will post -0.46 earnings per share for the current year.

Insider Buying and Selling

In other SentinelOne news, COO Barry Padgett sold 15,460 shares of the stock in a transaction on Monday, July 6th. The stock was sold at an average price of $17.89, for a total transaction of $276,579.40. Following the sale, the chief operating officer owned 987,208 shares in the company, valued at $17,661,151.12. This represents a 1.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Ana Pinczuk sold 16,042 shares of the firm’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $17.89, for a total value of $286,991.38. Following the completion of the transaction, the insider owned 743,946 shares of the company’s stock, valued at approximately $13,309,193.94. This represents a 2.11% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 445,756 shares of company stock worth $8,621,569 in the last 90 days. 4.27% of the stock is currently owned by company insiders.

Institutional Trading of SentinelOne

A number of large investors have recently modified their holdings of the business. Legal & General Group Plc increased its stake in SentinelOne by 4.2% in the fourth quarter. Legal & General Group Plc now owns 8,551,878 shares of the company’s stock valued at $128,278,000 after acquiring an additional 346,014 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of SentinelOne by 4.2% during the fourth quarter. Geode Capital Management LLC now owns 5,574,144 shares of the company’s stock worth $83,630,000 after acquiring an additional 226,173 shares in the last quarter. Wellington Management Group LLP boosted its stake in shares of SentinelOne by 216.0% in the 2nd quarter. Wellington Management Group LLP now owns 5,015,311 shares of the company’s stock valued at $85,110,000 after purchasing an additional 3,428,192 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of SentinelOne by 11.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,592,248 shares of the company’s stock valued at $59,142,000 after purchasing an additional 461,411 shares during the last quarter. Finally, Swedbank AB lifted its stake in SentinelOne by 9.8% in the first quarter. Swedbank AB now owns 4,183,973 shares of the company’s stock worth $53,890,000 after purchasing an additional 374,659 shares during the last quarter. Institutional investors own 90.87% of the company’s stock.

About SentinelOne

SentinelOne, Inc is a cybersecurity company that develops artificial intelligence-powered software for protecting enterprises, governments and other organizations from cyber threats. Its Singularity Platform is designed to secure endpoints, cloud workloads, identities and enterprise data while helping customers detect, investigate and respond to attacks.

The company’s offerings include endpoint protection and detection, cloud security, identity security, managed detection and response, and security operations tools.