SentinelOne Sees Unusually High Options Volume (NYSE:S)

SentinelOne, Inc. (NYSE:S) was the recipient of some unusual options trading on Tuesday. Stock investors purchased 22,596 call options on the company. This is an increase of 71% compared to the typical volume of 13,239 call options.

SentinelOne Stock Down 1.6%

Shares of NYSE S opened at $19.60 on Thursday. SentinelOne has a 12-month low of $11.81 and a 12-month high of $21.40. The firm’s 50-day simple moving average is $16.78 and its 200 day simple moving average is $14.94. The company has a market cap of $6.72 billion, a price-to-earnings ratio of -20.42 and a beta of 0.82.

SentinelOne (NYSE:S) last announced its earnings results on Thursday, May 28th. The company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.02. SentinelOne had a negative net margin of 30.39% and a negative return on equity of 15.35%. The company had revenue of $276.66 million during the quarter, compared to the consensus estimate of $277.31 million. During the same period in the previous year, the firm posted $0.02 earnings per share. The company’s revenue was up 20.8% on a year-over-year basis. SentinelOne has set its Q2 2027 guidance at 0.060-0.080 EPS and its FY 2027 guidance at 0.320-0.380 EPS. On average, equities analysts expect that SentinelOne will post -0.45 earnings per share for the current year.

Insider Activity at SentinelOne

In other news, CEO Tomer Weingarten sold 231,664 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $15.32, for a total value of $3,549,092.48. Following the completion of the sale, the chief executive officer owned 2,012,771 shares in the company, valued at $30,835,651.72. This represents a 10.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Robin Tomasello sold 11,905 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $15.70, for a total transaction of $186,908.50. Following the completion of the transaction, the chief accounting officer owned 445,330 shares in the company, valued at approximately $6,991,681. This represents a 2.60% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 524,837 shares of company stock worth $8,245,598 in the last quarter. Company insiders own 4.27% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in S. Woodline Partners LP bought a new position in SentinelOne during the first quarter worth about $382,000. Focus Partners Wealth bought a new stake in shares of SentinelOne during the first quarter worth $346,000. Prudential Financial Inc. raised its holdings in shares of SentinelOne by 28.4% during the second quarter. Prudential Financial Inc. now owns 21,141 shares of the company’s stock worth $386,000 after acquiring an additional 4,680 shares during the period. EverSource Wealth Advisors LLC lifted its position in SentinelOne by 540.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,258 shares of the company’s stock valued at $78,000 after acquiring an additional 3,593 shares in the last quarter. Finally, Amundi lifted its position in SentinelOne by 7.9% in the 2nd quarter. Amundi now owns 170,047 shares of the company’s stock valued at $3,083,000 after acquiring an additional 12,495 shares in the last quarter. 90.87% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

S has been the topic of a number of recent analyst reports. Canaccord Genuity Group lifted their price target on shares of SentinelOne from $17.00 to $18.00 and gave the company a “buy” rating in a research report on Friday, May 29th. UBS Group increased their price target on shares of SentinelOne from $15.00 to $16.00 and gave the company a “neutral” rating in a report on Friday, May 29th. Barclays decreased their price target on shares of SentinelOne from $19.00 to $16.00 and set an “equal weight” rating on the stock in a research report on Friday, May 29th. Scotiabank upgraded SentinelOne from a “sector perform” rating to a “sector outperform” rating and boosted their price target for the company from $16.00 to $23.50 in a research note on Monday, July 6th. Finally, Needham & Company LLC boosted their price target on shares of SentinelOne from $18.00 to $20.00 and gave the company a “buy” rating in a report on Friday, May 29th. Eighteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $19.93.

SentinelOne Company Profile

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.