SentinelOne (NYSE:S) Shares Down 5.7% – Here’s What Happened

SentinelOne, Inc. (NYSE:S) fell 5.7% on Tuesday . The company traded as low as $20.92 and last traded at $20.8420. Approximately 1,290,280 shares were traded during trading, a decline of 84% from the average daily volume of 7,997,392 shares. The stock had previously closed at $22.10.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on S shares. Scotiabank reiterated an “outperform” rating on shares of SentinelOne in a report on Friday, August 28th. Oppenheimer lifted their price target on shares of SentinelOne from $21.00 to $27.00 and gave the stock an “outperform” rating in a research note on Friday, August 14th. Deutsche Bank Aktiengesellschaft set a $24.00 target price on shares of SentinelOne in a report on Monday, August 17th. Needham & Company LLC lifted their price objective on SentinelOne from $20.00 to $26.00 and gave the stock a “buy” rating in a report on Friday, August 28th. Finally, JPMorgan Chase & Co. raised their target price on shares of SentinelOne from $18.00 to $22.00 and gave the stock a “neutral” rating in a report on Friday, August 21st. Seventeen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $23.33.

SentinelOne Stock Down 4.6%

The firm has a market cap of $6.75 billion, a P/E ratio of -19.49 and a beta of 0.77. The firm’s fifty day moving average is $19.68 and its two-hundred day moving average is $16.47.

SentinelOne (NYSE:S) last posted its quarterly earnings data on Thursday, August 27th. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.01. The business had revenue of $291.98 million for the quarter, compared to analysts’ expectations of $290.24 million. SentinelOne had a negative return on equity of 15.73% and a negative net margin of 30.95%.The business’s revenue was up 20.6% on a year-over-year basis. During the same period in the previous 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. As a group, sell-side analysts forecast that SentinelOne, Inc. will post -0.45 EPS for the current year.

Insider Buying and Selling

In other SentinelOne news, CEO Tomer Weingarten sold 53,811 shares of SentinelOne stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $20.08, for a total transaction of $1,080,524.88. Following the completion of the transaction, the chief executive officer owned 1,840,586 shares in the company, valued at approximately $36,958,966.88. The trade was a 2.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Keenan Michael Conder sold 26,374 shares of the stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $20.08, for a total value of $529,589.92. Following the completion of the sale, the insider directly owned 956,358 shares in the company, valued at approximately $19,203,668.64. This represents a 2.68% decrease in their ownership of the stock. 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. Insiders have sold a total of 423,705 shares of company stock worth $7,369,527 over the last three months. Corporate insiders own 4.27% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in S. Allied Private Wealth LLC bought a new stake in shares of SentinelOne during the second quarter valued at approximately $25,000. Allworth Financial LP lifted its position in SentinelOne by 102.4% in the 3rd quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock valued at $25,000 after acquiring an additional 726 shares in the last quarter. Danske Bank A S purchased a new stake in SentinelOne during the 3rd quarter valued at $26,000. EFG International AG purchased a new stake in SentinelOne during the 4th quarter valued at $41,000. Finally, Root Financial Partners LLC boosted its stake in SentinelOne by 4,582.8% during the 1st quarter. Root Financial Partners LLC now owns 4,355 shares of the company’s stock valued at $56,000 after purchasing an additional 4,262 shares during the last quarter. Institutional investors own 90.87% of the company’s stock.

SentinelOne Company 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.