SentinelOne Target of Unusually High Options Trading (NYSE:S)

SentinelOne, Inc. (NYSE:S) was the recipient of unusually large options trading activity on Monday. Traders acquired 26,686 call options on the company. This is an increase of approximately 57% compared to the average volume of 16,984 call options.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on S shares. Deutsche Bank Aktiengesellschaft set a $24.00 price target on shares of SentinelOne in a research report on Monday, August 17th. Canaccord Genuity Group increased their price objective on SentinelOne from $18.00 to $25.00 and gave the company a “buy” rating in a report on Friday, August 28th. TD Cowen raised their target price on SentinelOne from $25.00 to $26.00 and gave the stock a “buy” rating in a research report on Friday, August 28th. The Goldman Sachs Group lifted their target price on SentinelOne from $15.50 to $17.50 and gave the stock a “neutral” rating in a report on Monday, August 31st. Finally, Citizens Jmp upped their price target on SentinelOne from $23.00 to $25.00 and gave the company a “market outperform” rating in a research report on Friday, August 28th. Seventeen equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $23.50.

SentinelOne Trading Up 15.9%

S stock traded up $3.13 during midday trading on Monday, hitting $22.89. The stock had a trading volume of 8,484,703 shares, compared to its average volume of 8,031,322. The firm has a market cap of $7.97 billion, a P/E ratio of -22.56 and a beta of 0.77. SentinelOne has a 1-year low of $11.81 and a 1-year high of $23.95. The business has a fifty day moving average price of $20.09 and a two-hundred day moving average price of $16.78.

SentinelOne (NYSE:S) last issued its quarterly earnings results on Thursday, August 27th. The company reported $0.08 earnings per share for the quarter, topping 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 firm had revenue of $291.98 million during the quarter, compared to the consensus estimate of $290.24 million. During the same period last year, the business posted ($0.22) EPS. The business’s revenue was up 20.6% compared to the same quarter last year. 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 anticipate that SentinelOne will post -0.46 EPS for the current year.

Insider Activity at SentinelOne

In other SentinelOne news, insider Ana G. Pinczuk sold 16,042 shares of the 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 directly owned 743,946 shares in the company, valued at approximately $13,309,193.94. This trade represents a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Barry L. Padgett sold 15,460 shares of SentinelOne stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $17.89, for a total value of $276,579.40. Following the sale, the chief operating officer directly owned 987,208 shares in the company, valued at $17,661,151.12. The trade was a 1.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 330,866 shares of company stock valued at $6,336,407. 4.27% of the stock is owned by company insiders.

Hedge Funds Weigh In On SentinelOne

Institutional investors have recently added to or reduced their stakes in the business. Arizona State Retirement System raised its stake in SentinelOne by 0.7% in the 2nd quarter. Arizona State Retirement System now owns 87,546 shares of the company’s stock valued at $1,486,000 after acquiring an additional 638 shares during the period. Daiwa Securities Group Inc. lifted its holdings in shares of SentinelOne by 25.2% in the second quarter. Daiwa Securities Group Inc. now owns 3,442 shares of the company’s stock worth $63,000 after buying an additional 692 shares in the last quarter. Allworth Financial LP boosted its position in shares of SentinelOne by 102.4% in the third quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock valued at $25,000 after acquiring an additional 726 shares during the period. Public Employees Retirement System of Ohio grew its stake in SentinelOne by 0.9% during the first quarter. Public Employees Retirement System of Ohio now owns 89,609 shares of the company’s stock valued at $1,154,000 after acquiring an additional 784 shares in the last quarter. Finally, Main Management ETF Advisors LLC increased its holdings in SentinelOne by 1.0% during the 4th quarter. Main Management ETF Advisors LLC now owns 82,215 shares of the company’s stock worth $1,233,000 after acquiring an additional 840 shares during the period. 90.87% of the stock is owned by institutional investors and hedge funds.

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.