Insider Selling: SentinelOne (NYSE:S) COO Sells $207,356.24 in Stock

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

SentinelOne Stock Down 6.1%

Shares of SentinelOne stock opened at $22.33 on Friday. The stock’s fifty day moving average is $23.26 and its 200-day moving average is $18.01. The firm has a market capitalization of $7.77 billion, a PE ratio of -22.11 and a beta of 0.59. SentinelOne, Inc. has a 12-month low of $11.81 and a 12-month high of $26.50.

SentinelOne (NYSE:S) last announced its earnings results on Thursday, August 27th. The company reported $0.08 EPS for the quarter, beating 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 business had revenue of $291.98 million during the quarter, compared to the consensus estimate of $290.24 million. During the same period in the prior year, the business posted ($0.22) earnings per share. SentinelOne’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. Analysts expect that SentinelOne, Inc. will post -0.47 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of S. Allied Private Wealth LLC purchased a new stake in SentinelOne in the 2nd quarter worth about $25,000. Fortitude Family Office LLC boosted its position in SentinelOne by 192.2% during the 3rd quarter. Fortitude Family Office LLC now owns 2,066 shares of the company’s stock worth $49,000 after acquiring an additional 1,359 shares during the period. Provenance Wealth Advisors LLC acquired a new stake in SentinelOne during the 3rd quarter worth about $55,000. Root Financial Partners LLC purchased a new position in SentinelOne during the 3rd quarter valued at about $84,000. Finally, GAMMA Investing LLC grew its stake in SentinelOne by 29.7% during the 2nd quarter. GAMMA Investing LLC now owns 3,685 shares of the company’s stock valued at $63,000 after acquiring an additional 843 shares in the last quarter. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on S. Citigroup reaffirmed an “outperform” rating on shares of SentinelOne in a research note on Friday, August 28th. Jefferies Financial Group reissued a “buy” rating on shares of SentinelOne in a research report on Thursday, October 22nd. 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. Susquehanna restated a “positive” rating on shares of SentinelOne in a report on Thursday, October 22nd. Finally, TD Cowen upped their price target on shares of SentinelOne from $26.00 to $29.00 and gave the company a “buy” rating in a research report on Friday, October 2nd. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price 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.