Insider Selling: SentinelOne (NYSE:S) CAO Sells $65,960.74 in Stock

SentinelOne, Inc. (NYSE:S) CAO Robin Tomasello sold 2,986 shares of the stock in a transaction on Monday, November 9th. The shares were sold at an average price of $22.09, for a total transaction of $65,960.74. Following the sale, the chief accounting officer directly owned 396,833 shares of the company’s stock, valued at $8,766,040.97. The trade was a 0.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Robin Tomasello also recently made the following trade(s):

• On Friday, November 6th, Robin Tomasello sold 5,293 shares of SentinelOne stock. The shares were sold at an average price of $21.91, for a total transaction of $115,969.63.
• On Thursday, September 10th, Robin Tomasello sold 13,311 shares of SentinelOne stock. The shares were sold at an average price of $19.95, for a total transaction of $265,554.45.
• On Tuesday, September 8th, Robin Tomasello sold 21,440 shares of SentinelOne stock. The shares were sold at an average price of $19.67, for a total transaction of $421,724.80.

SentinelOne Stock Down 0.3%

Shares of SentinelOne stock traded down $0.06 during trading on Tuesday, reaching $23.46. 10,351,957 shares of the stock were exchanged, compared to its average volume of 12,558,627. The stock’s fifty day moving average is $23.15 and its 200 day moving average is $17.92. The firm has a market cap of $8.17 billion, a price-to-earnings ratio of -23.23 and a beta of 0.59. SentinelOne, Inc. has a 1 year low of $11.81 and a 1 year high of $26.50.

SentinelOne (NYSE:S) last posted its earnings results on Thursday, August 27th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.01. SentinelOne had a negative return on equity of 15.73% and a negative net margin of 30.95%. The company had revenue of $291.98 million for the quarter, compared to analysts’ expectations of $290.24 million. During the same period last year, the firm 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 -0.47 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on S shares. TD Cowen boosted their target price on SentinelOne from $26.00 to $29.00 and gave the company a “buy” rating in a research note on Friday, October 2nd. The Goldman Sachs Group upped their target price on SentinelOne from $15.50 to $17.50 and gave the company a “neutral” rating in a report on Monday, August 31st. Susquehanna reaffirmed a “positive” rating on shares of SentinelOne in a research note on Thursday, October 22nd. Cantor Fitzgerald reiterated an “overweight” rating and issued a $26.00 price target on shares of SentinelOne in a report on Friday, August 28th. Finally, Guggenheim boosted their price objective on shares of SentinelOne from $24.00 to $28.00 and gave the company a “buy” rating in a research report on Thursday, August 20th. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $24.61.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Stephens Investment Management Group LLC lifted its stake in shares of SentinelOne by 0.5% in the 3rd quarter. Stephens Investment Management Group LLC now owns 2,454,543 shares of the company’s stock valued at $58,320,000 after purchasing an additional 12,509 shares during the period. Voya Investment Management LLC grew its stake in SentinelOne by 10.6% in the third quarter. Voya Investment Management LLC now owns 6,960,944 shares of the company’s stock worth $165,392,000 after purchasing an additional 668,772 shares during the period. Global Retirement Partners LLC grew its stake in SentinelOne by 43.8% in the third quarter. Global Retirement Partners LLC now owns 7,680 shares of the company’s stock worth $182,000 after purchasing an additional 2,340 shares during the period. Edgestream Partners L.P. purchased a new stake in SentinelOne in the third quarter worth $7,579,000. Finally, Teachers Retirement System of The State of Kentucky bought a new position in SentinelOne in the third quarter worth $1,146,000. Institutional investors own 90.87% of the company’s stock.

SentinelOne Company Profile

SentinelOne, Inc. is a cybersecurity company that develops software to help organizations detect, prevent and respond to cyber threats. Its Singularity platform uses artificial intelligence and automation to protect endpoints, cloud workloads and identities, and to support security operations. The platform includes endpoint protection and detection, cloud security, threat hunting and incident response capabilities. SentinelOne also offers security information and event management tools and Purple AI, which helps security teams investigate threats using natural-language queries.