SentinelOne (NYSE:S) Insider Keenan Michael Conder Sells 25,530 Shares of Company Stock

SentinelOne, Inc. (NYSE:S) insider Keenan Conder sold 25,530 shares of the firm’s stock in a transaction that occurred on Friday, November 6th. The stock was sold at an average price of $21.91, for a total transaction of $559,362.30. Following the completion of the transaction, the insider directly owned 922,516 shares in the company, valued at approximately $20,212,325.56. The trade was a 2.69% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Keenan Michael Conder also recently made the following trade(s):

• On Tuesday, September 8th, Keenan Conder sold 8,312 shares of SentinelOne stock. The shares were sold at an average price of $19.79, for a total transaction of $164,494.48.

SentinelOne Trading Down 0.3%

Shares of S stock opened at $23.46 on Wednesday. SentinelOne, Inc. has a 12 month low of $11.81 and a 12 month high of $26.50. 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 simple moving average of $23.15 and a two-hundred day simple moving average of $17.92.

SentinelOne (NYSE:S) last released its quarterly earnings results on Thursday, August 27th. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.01. The business had revenue of $291.98 million for the quarter, compared to the consensus estimate of $290.24 million. SentinelOne had a negative net margin of 30.95% and a negative return on equity of 15.73%. The company’s quarterly revenue was up 20.6% on a year-over-year basis. During the same period last year, the firm earned ($0.22) earnings per share. 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, equities analysts forecast that SentinelOne, Inc. will post -0.47 earnings per share for the current year.

Key SentinelOne News

Here are the key news stories impacting SentinelOne this week:

• Positive Sentiment: SentinelOne may beat estimates in its next quarterly report, according to Zacks, which points to the company’s history of earnings surprises and factors it says currently favor another beat. Article: Why SentinelOne (S) is Poised to Beat Earnings Estimates Again
• Neutral Sentiment: Several executives, including CEO Tomer Weingarten, sold shares recently. The reported sales were made to cover tax withholding on vested equity awards; the CAO’s sales were under a pre-arranged Rule 10b5-1 plan. These transactions may draw investor attention, but their stated purpose makes them less indicative of negative views about the business. SEC filing

Institutional Trading of SentinelOne

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Private Advisor Group LLC raised its holdings in SentinelOne by 2.0% during the third quarter. Private Advisor Group LLC now owns 34,396 shares of the company’s stock valued at $817,000 after acquiring an additional 663 shares during the period. Focus Advisor Solutions LLC grew its position in shares of SentinelOne by 74.7% during the third quarter. Focus Advisor Solutions LLC now owns 117,605 shares of the company’s stock worth $2,794,000 after purchasing an additional 50,283 shares in the last quarter. Stephens Investment Management Group LLC grew its position in shares of SentinelOne by 0.5% during the third quarter. Stephens Investment Management Group LLC now owns 2,454,543 shares of the company’s stock worth $58,320,000 after purchasing an additional 12,509 shares in the last quarter. Voya Investment Management LLC grew its position in shares of SentinelOne by 10.6% during the third quarter. Voya Investment Management LLC now owns 6,960,944 shares of the company’s stock worth $165,392,000 after purchasing an additional 668,772 shares in the last quarter. Finally, Global Retirement Partners LLC raised its stake in SentinelOne by 43.8% during the 3rd quarter. Global Retirement Partners LLC now owns 7,680 shares of the company’s stock valued at $182,000 after purchasing an additional 2,340 shares during the period. 90.87% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Guggenheim raised their target price on SentinelOne from $24.00 to $28.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. Piper Sandler boosted their price target on SentinelOne from $15.00 to $20.00 and gave the company a “neutral” rating in a report on Friday, August 28th. Citizens Jmp upped their price target on SentinelOne from $23.00 to $25.00 and gave the stock a “market outperform” rating in a research report on Friday, August 28th. Barclays raised their price objective on SentinelOne from $22.00 to $23.00 and gave the stock an “equal weight” rating in a research note on Friday, August 28th. Finally, Sanford C. Bernstein cut SentinelOne from an “outperform” rating to a “market perform” rating and lifted their price objective for the company from $21.00 to $25.00 in a research report on Thursday, September 17th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average 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.