Insider Selling: SentinelOne (NYSE:S) COO Sells $391,601.80 in Stock

SentinelOne, Inc. (NYSE:S) COO Barry Padgett sold 15,460 shares of SentinelOne stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $25.33, for a total value of $391,601.80. Following the sale, the chief operating officer owned 961,970 shares of the company’s stock, valued at approximately $24,366,700.10. This trade represents a 1.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

SentinelOne Trading Up 0.3%

S stock opened at $25.38 on Friday. The company’s 50 day moving average is $22.12 and its 200 day moving average is $18.13. The stock has a market cap of $8.83 billion, a price-to-earnings ratio of -25.13 and a beta of 0.70. SentinelOne, Inc. has a 1-year low of $11.81 and a 1-year high of $26.33.

SentinelOne (NYSE:S) last released its quarterly earnings results on Thursday, August 27th. The company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01. The business had revenue of $291.98 million during the quarter, compared to analysts’ expectations of $290.24 million. SentinelOne had a negative net margin of 30.95% and a negative return on equity of 15.73%. The business’s quarterly revenue was up 20.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.22) EPS. 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, sell-side analysts forecast that SentinelOne, Inc. will post -0.46 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. UBS Group raised their price target on SentinelOne from $16.00 to $24.00 and gave the company a “neutral” rating in a research report on Friday, August 28th. Jefferies Financial Group set a $26.00 price objective on SentinelOne in a report on Friday, August 28th. Weiss Ratings raised SentinelOne from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, July 21st. Wedbush started coverage on shares of SentinelOne in a research report on Friday, September 11th. They set an “outperform” rating and a $25.00 price target on the stock. Finally, Sanford C. Bernstein lowered shares of SentinelOne from an “outperform” rating to a “market perform” rating and boosted their price objective for the stock from $21.00 to $25.00 in a report on Thursday, September 17th. Sixteen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $23.75.

Institutional Trading of SentinelOne

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Arizona State Retirement System grew its position in shares of SentinelOne by 0.7% in the 2nd quarter. Arizona State Retirement System now owns 87,546 shares of the company’s stock worth $1,486,000 after buying an additional 638 shares during the last quarter. Public Employees Retirement System of Ohio raised its holdings in shares of SentinelOne by 0.9% during the first quarter. Public Employees Retirement System of Ohio now owns 89,609 shares of the company’s stock valued at $1,154,000 after acquiring an additional 784 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of SentinelOne by 29.7% during the second 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. Caerus Investment Advisors LLC lifted its stake in SentinelOne by 6.0% in the first quarter. Caerus Investment Advisors LLC now owns 15,390 shares of the company’s stock worth $198,000 after acquiring an additional 877 shares during the period. Finally, Krilogy Financial LLC lifted its stake in SentinelOne by 3.8% in the first quarter. Krilogy Financial LLC now owns 24,519 shares of the company’s stock worth $342,000 after acquiring an additional 899 shares during the period. Institutional investors own 90.87% of the company’s stock.

SentinelOne Company Profile

SentinelOne, Inc (NYSE:S) is a cybersecurity company that develops artificial intelligence-powered software to help organizations prevent, detect, investigate and respond to cyber threats. Its Singularity Platform is designed to protect enterprise endpoints, cloud workloads, identities and other connected assets across an organization’s technology environment.

The company’s offerings include endpoint protection and detection and response, cloud security, identity security, security operations tools and data management capabilities.