SentinelOne (NYSE:S) Shares Cross Above 50-Day Moving Average – What’s Next?

SentinelOne, Inc. (NYSE:S) passed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $23.12 and traded as high as $23.68. SentinelOne shares last traded at $23.4870, with a volume of 7,679,086 shares trading hands.

Latest SentinelOne News

Investors following S have been watching these news items:

• Positive Sentiment: SentinelOne gained alongside several other technology stocks, including JFrog, Zeta Global, Fastly and Bandwidth. A Zacks recap also noted the stock’s outperformance in the latest session; neither article identified a specific SentinelOne announcement behind the move. Article: Technology stocks trade up Article: SentinelOne surpasses market returns
• Neutral Sentiment: Recent SEC filings show the CEO and other executives sold shares, including a sale worth about $1.14 million by CEO Tomer Weingarten. The reported transactions were to cover tax withholding on vested equity awards; some were made under pre-arranged plans. This context makes the sales less clearly bearish, though insider transactions may attract investor attention. Article: SentinelOne insider share sale

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. Susquehanna restated a “positive” rating on shares of SentinelOne in a research note on Thursday, October 22nd. Jefferies Financial Group restated a “buy” rating on shares of SentinelOne in a report on Thursday, October 22nd. Scotiabank reaffirmed an “outperform” rating on shares of SentinelOne in a research note on Friday, August 28th. Guggenheim lifted their price objective on shares of SentinelOne from $24.00 to $28.00 and gave the company a “buy” rating in a research note on Thursday, August 20th. Finally, Canaccord Genuity Group upped their price objective on shares of SentinelOne from $18.00 to $25.00 and gave the stock a “buy” rating in a report on Friday, August 28th. Eighteen 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 company’s stock. According to data from MarketBeat, SentinelOne currently has an average rating of “Moderate Buy” and a consensus price target of $24.61.

SentinelOne Stock Performance

The stock has a 50 day moving average of $23.21 and a two-hundred day moving average of $17.97. The firm has a market capitalization of $8.28 billion, a P/E ratio of -23.55 and a beta of 0.59.

SentinelOne (NYSE:S) last announced its earnings results on Thursday, August 27th. The company reported $0.08 earnings per share (EPS) 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 analysts’ expectations of $290.24 million. During the same quarter in the prior year, the business earned ($0.22) earnings per share. The company’s 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. Sell-side analysts predict that SentinelOne, Inc. will post -0.47 EPS for the current year.

Insider Activity at SentinelOne

In other news, insider Ana G. Pinczuk sold 6,030 shares of SentinelOne stock in a transaction dated Friday, November 6th. The stock was sold at an average price of $21.91, for a total value of $132,117.30. Following the transaction, the insider directly owned 715,644 shares in the company, valued at approximately $15,679,760.04. The trade was a 0.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Barry L. Padgett sold 9,464 shares of SentinelOne stock in a transaction dated Friday, November 6th. The stock was sold at an average price of $21.91, for a total value of $207,356.24. Following the completion of the transaction, the chief operating officer owned 952,506 shares in the company, valued at $20,869,406.46. The trade was a 0.98% 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. Over the last three months, insiders sold 856,972 shares of company stock valued at $20,245,230. 4.27% of the stock is owned by corporate insiders.

Institutional Trading of SentinelOne

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its position in shares of SentinelOne by 17.6% in the first quarter. Bank of America Corp DE now owns 2,519,928 shares of the company’s stock valued at $32,457,000 after acquiring an additional 377,542 shares during the period. Wellington Management Group LLP grew its stake in shares of SentinelOne by 216.0% in the second quarter. Wellington Management Group LLP now owns 5,015,311 shares of the company’s stock worth $85,110,000 after acquiring an additional 3,428,192 shares during the last quarter. California State Teachers Retirement System grew its stake in shares of SentinelOne by 23.2% in the first quarter. California State Teachers Retirement System now owns 358,173 shares of the company’s stock worth $4,613,000 after acquiring an additional 67,373 shares during the last quarter. Moody National Bank Trust Division grew its stake in shares of SentinelOne by 72.2% in the second quarter. Moody National Bank Trust Division now owns 136,518 shares of the company’s stock worth $2,317,000 after acquiring an additional 57,261 shares during the last quarter. Finally, Squarepoint Ops LLC increased its position in SentinelOne by 1,427.5% during the second quarter. Squarepoint Ops LLC now owns 856,528 shares of the company’s stock worth $14,535,000 after acquiring an additional 800,455 shares during the period. Institutional investors and hedge funds own 90.87% of the company’s stock.

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.