Royal Bank of Canada Lowers Stake in SentinelOne, Inc. $S

Royal Bank of Canada lowered its holdings in shares of SentinelOne, Inc. (NYSE:S) by 66.3% during the 1st quarter, HoldingsChannel reports. The fund owned 22,091 shares of the company’s stock after selling 43,410 shares during the period. Royal Bank of Canada’s holdings in SentinelOne were worth $284,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Woodline Partners LP purchased a new position in shares of SentinelOne during the first quarter valued at approximately $382,000. Focus Partners Wealth purchased a new stake in shares of SentinelOne in the 1st quarter worth approximately $346,000. Prudential Financial Inc. grew its stake in shares of SentinelOne by 28.4% in the 2nd quarter. Prudential Financial Inc. now owns 21,141 shares of the company’s stock worth $386,000 after buying an additional 4,680 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in SentinelOne by 540.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,258 shares of the company’s stock valued at $78,000 after buying an additional 3,593 shares in the last quarter. Finally, Amundi increased its position in SentinelOne by 7.9% during the 2nd quarter. Amundi now owns 170,047 shares of the company’s stock valued at $3,083,000 after buying an additional 12,495 shares in the last quarter. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Analyst Ratings Changes

S has been the topic of several analyst reports. Wedbush reissued an “outperform” rating and issued a $20.00 target price on shares of SentinelOne in a report on Friday, May 29th. DA Davidson reduced their price target on SentinelOne from $18.00 to $15.00 and set a “neutral” rating for the company in a report on Friday, May 29th. Oppenheimer lifted their price target on SentinelOne from $21.00 to $27.00 and gave the stock an “outperform” rating in a research report on Friday, August 14th. Wells Fargo & Company upped their price target on shares of SentinelOne from $16.00 to $22.00 and gave the stock an “equal weight” rating in a research note on Monday, August 17th. Finally, Jefferies Financial Group increased their price objective on shares of SentinelOne from $24.00 to $25.00 and gave the company a “buy” rating in a research report on Monday. Eighteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $21.07.

SentinelOne News Summary

Here are the key news stories impacting SentinelOne this week:

• Positive Sentiment: SentinelOne reported fiscal Q2 adjusted earnings of $0.08 per share, ahead of the $0.07 consensus estimate and double the year-earlier result. Revenue rose 20.6% year over year to approximately $292 million, slightly exceeding some estimates. SentinelOne Q2 earnings and revenues surpass estimates
• Positive Sentiment: Management issued substantially stronger-than-expected profitability guidance: fiscal Q3 EPS of $0.08-$0.09 versus an analyst forecast for a loss of $0.14, and fiscal 2027 EPS of $0.30-$0.32 versus a projected loss of $0.68. Revenue guidance was broadly in line with consensus. SentinelOne earnings and guidance
• Positive Sentiment: The stock benefited from a cybersecurity-sector re-rating, with capital rotating into previously lagging companies such as SentinelOne and peer Zscaler. Cybersecurity re-rating reaches laggards
• Neutral Sentiment: SentinelOne and Tenable reported that attackers increasingly target technology ecosystems and edge-device vendors, highlighting demand for broader cybersecurity protections but also the evolving threat environment. Attackers target edge-device ecosystems
• Negative Sentiment: Post-earnings selling reflected concerns that quarterly revenue of about $292 million was below some Wall Street estimates near $296 million. SentinelOne also posted an operating loss of roughly $91 million and a net loss of about $93 million, while reports characterized the outlook as mixed. Mixed guidance overshadows strong Q2 results

Insider Buying and Selling

In other news, insider Keenan Michael Conder sold 26,374 shares of SentinelOne stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $20.08, for a total value of $529,589.92. Following the sale, the insider directly owned 956,358 shares of the company’s stock, valued at approximately $19,203,668.64. The trade was a 2.68% decrease in their ownership of the stock. The sale was disclosed in a document filed 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. Also, CAO Robin Tomasello sold 5,467 shares of SentinelOne stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $20.08, for a total value of $109,777.36. Following the completion of the sale, the chief accounting officer directly owned 439,863 shares in the company, valued at approximately $8,832,449.04. The trade was a 1.23% decrease in their position. 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. Insiders sold a total of 423,705 shares of company stock worth $7,369,527 in the last 90 days. 4.27% of the stock is owned by company insiders.

SentinelOne Price Performance

Shares of S opened at $22.79 on Friday. The firm has a market capitalization of $7.81 billion, a P/E ratio of -23.74 and a beta of 0.79. SentinelOne, Inc. has a one year low of $11.81 and a one year high of $23.95. The business has a fifty day moving average of $19.20 and a 200 day moving average of $16.25.

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 30.39% and a negative return on equity of 15.35%. 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. Analysts expect that SentinelOne, Inc. will post -0.44 EPS for the current fiscal year.

About SentinelOne

SentinelOne, Inc is a cybersecurity company specializing in AI-driven, autonomous endpoint protection. Founded in 2013 and headquartered in Mountain View, California, the firm developed its Singularity Platform to unify prevention, detection, response, and hunting across endpoints, cloud workloads, containers and IoT devices. SentinelOne’s solutions leverage machine learning and behavioral analytics to identify threats in real time, automate remediation workflows and deliver forensics to support rapid incident response.

The company’s flagship product suite includes endpoint security agents, cloud workload protection, identity threat detection and extended detection and response (XDR) capabilities.