Insider Selling: SentinelOne (NYSE:S) COO Sells 9,464 Shares of Stock

SentinelOne, Inc. (NYSE:S) COO Barry Padgett sold 9,464 shares of the stock in a transaction on Friday, November 6th. The shares were sold at an average price of $21.91, for a total value of $207,356.24. Following the completion of the transaction, the chief operating officer directly owned 952,506 shares in the company, valued at $20,869,406.46. This trade represents a 0.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

SentinelOne Stock Performance

NYSE S traded down $0.06 during trading on Tuesday, reaching $23.46. 10,351,957 shares of the company’s stock were exchanged, compared to its average volume of 12,558,627. The stock has a market cap of $8.17 billion, a P/E ratio of -23.23 and a beta of 0.59. The company has a 50 day moving average price of $23.15 and a two-hundred day moving average price of $17.92. SentinelOne, Inc. has a 1 year low of $11.81 and a 1 year high of $26.50.

SentinelOne (NYSE:S) last released its quarterly earnings data on Thursday, August 27th. The company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $291.98 million for the quarter, compared to the consensus estimate of $290.24 million. During the same quarter in the prior year, the business posted ($0.22) EPS. The business’s revenue for the quarter 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. Research analysts forecast that SentinelOne, Inc. will post -0.47 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its stake in SentinelOne by 17.6% in the first quarter. Bank of America Corp DE now owns 2,519,928 shares of the company’s stock valued at $32,457,000 after buying an additional 377,542 shares during the last quarter. Wellington Management Group LLP grew its position in shares of SentinelOne by 216.0% during the second quarter. Wellington Management Group LLP now owns 5,015,311 shares of the company’s stock worth $85,110,000 after acquiring an additional 3,428,192 shares during the last quarter. California State Teachers Retirement System grew its position in shares of SentinelOne by 23.2% during the first quarter. California State Teachers Retirement System now owns 358,173 shares of the company’s stock worth $4,613,000 after acquiring an additional 67,373 shares during the last quarter. Moody National Bank Trust Division increased its holdings in shares of SentinelOne by 72.2% in the 2nd quarter. Moody National Bank Trust Division now owns 136,518 shares of the company’s stock valued at $2,317,000 after acquiring an additional 57,261 shares during the period. Finally, Squarepoint Ops LLC increased its holdings in shares of SentinelOne by 1,427.5% in the 2nd quarter. Squarepoint Ops LLC now owns 856,528 shares of the company’s stock valued at $14,535,000 after acquiring an additional 800,455 shares during the period. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on S. Weiss Ratings reiterated a “sell (d-)” rating on shares of SentinelOne in a research note on Monday, October 19th. Oppenheimer boosted their price objective on shares of SentinelOne from $21.00 to $27.00 and gave the stock an “outperform” rating in a research report on Friday, August 14th. Needham & Company LLC upped their target price on shares of SentinelOne from $26.00 to $31.00 and gave the company a “buy” rating in a report on Tuesday, October 13th. Scotiabank reaffirmed an “outperform” rating on shares of SentinelOne in a research report on Friday, August 28th. Finally, FBN Securities downgraded shares of SentinelOne from an “outperform” rating to a “sector perform” rating and set a $24.00 target price on the stock. in a research report on Tuesday, October 6th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $24.61.

About SentinelOne

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.