SentinelOne (NYSE:S) CAO Sells 5,293 Shares of Stock

SentinelOne, Inc. (NYSE:S) CAO Robin Tomasello sold 5,293 shares of the company’s stock in a transaction dated Friday, November 6th. The stock was sold at an average price of $21.91, for a total transaction of $115,969.63. Following the completion of the transaction, the chief accounting officer owned 399,819 shares in the company, valued at approximately $8,760,034.29. The trade was a 1.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible 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 Monday, November 9th, Robin Tomasello sold 2,986 shares of SentinelOne stock. The stock was sold at an average price of $22.09, for a total value of $65,960.74.
• On Thursday, September 10th, Robin Tomasello sold 13,311 shares of SentinelOne stock. The stock was 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 S traded down $0.06 during trading hours on Tuesday, reaching $23.46. 10,351,957 shares of the company traded hands, compared to its average volume of 12,558,627. SentinelOne, Inc. has a 12-month low of $11.81 and a 12-month high of $26.50. The stock has a market capitalization of $8.17 billion, a P/E ratio of -23.23 and a beta of 0.59. The business has a fifty day moving average price of $23.15 and a 200-day moving average price of $17.92.

SentinelOne (NYSE:S) last posted its earnings results on Thursday, August 27th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.01. SentinelOne had a negative net margin of 30.95% and a negative return on equity of 15.73%. The company had revenue of $291.98 million during the quarter, compared to the consensus estimate of $290.24 million. During the same period in the previous year, the firm posted ($0.22) earnings per share. The firm’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. As a group, research analysts predict that SentinelOne, Inc. will post -0.47 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Stephens reissued an “overweight” rating and issued a $26.00 target price on shares of SentinelOne in a research note on Friday, August 28th. Yorkville Ives started coverage on SentinelOne in a research report on Monday, October 5th. They set an “outperform” rating and a $32.00 price objective for the company. Morgan Stanley boosted their price objective on shares of SentinelOne from $17.00 to $23.00 and gave the company an “equal weight” rating in a report on Friday, August 28th. Canaccord Genuity Group upped their target price on shares of SentinelOne from $18.00 to $25.00 and gave the company a “buy” rating in a research report on Friday, August 28th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $26.00 target price on shares of SentinelOne in a research report on Friday, August 28th. Eighteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $24.61.

Institutional Trading of SentinelOne

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Allied Private Wealth LLC acquired a new position in SentinelOne during the second quarter worth $25,000. Fortitude Family Office LLC grew its stake in shares of SentinelOne by 192.2% in the third quarter. Fortitude Family Office LLC now owns 2,066 shares of the company’s stock valued at $49,000 after buying an additional 1,359 shares in the last quarter. Provenance Wealth Advisors LLC acquired a new stake in shares of SentinelOne in the third quarter valued at $55,000. GAMMA Investing LLC grew its stake in shares of SentinelOne by 29.7% in the second quarter. GAMMA Investing LLC now owns 3,685 shares of the company’s stock valued at $63,000 after buying an additional 843 shares in the last quarter. Finally, Parallel Advisors LLC raised its holdings in shares of SentinelOne by 277.7% in the 1st quarter. Parallel Advisors LLC now owns 5,318 shares of the company’s stock valued at $68,000 after buying an additional 3,910 shares during the period. Hedge funds and other 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.