Key Points
- SentinelOne CEO Tomer Weingarten sold 52,087 shares for about $1.14 million at an average price of $21.91. The sale covered tax withholding on vested equity awards; he retained 1,665,423 shares.
- SentinelOne’s latest reported quarter beat analyst estimates, with EPS of $0.08 versus $0.07 expected and revenue of $291.98 million, up 20.6% year over year.
- Analysts’ consensus rating is Moderate Buy, with an average price target of $24.61; 18 analysts rate the stock Buy, 13 Hold, and one Sell.
SentinelOne, Inc. (NYSE:S - Get Free Report) COO Barry Padgett sold 9,464 shares of the stock in a transaction that occurred on Friday, November 6th. The stock was sold at an average price of $21.91, for a total value of $207,356.24. Following the transaction, the chief operating officer owned 952,506 shares in the company, valued at $20,869,406.46. This represents a 0.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
SentinelOne Trading Down 0.3%
Shares of S opened at $23.46 on Wednesday. The firm has a market cap of $8.17 billion, a P/E ratio of -23.23 and a beta of 0.59. SentinelOne, Inc. has a 12 month low of $11.81 and a 12 month high of $26.50. The stock's 50 day moving average is $23.15 and its two-hundred day moving average is $17.92.
SentinelOne (NYSE:S - Get Free Report) last announced its 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 during the quarter, compared to the consensus estimate of $290.24 million. SentinelOne had a negative return on equity of 15.73% and a negative net margin of 30.95%. The business's quarterly revenue was up 20.6% on a year-over-year basis. During the same period in the prior year, the company posted ($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. Equities research analysts forecast that SentinelOne, Inc. will post -0.47 EPS for the current year.
SentinelOne News Summary
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
Hedge Funds Weigh In On SentinelOne
A number of hedge funds have recently made changes to their positions in S. Voya Investment Management LLC lifted its position in shares of SentinelOne by 10.6% in the third quarter. Voya Investment Management LLC now owns 6,960,944 shares of the company's stock valued at $165,392,000 after acquiring an additional 668,772 shares in the last quarter. Wellington Management Group LLP boosted 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. Dimensional Fund Advisors LP boosted its stake in shares of SentinelOne by 11.2% in the first quarter. Dimensional Fund Advisors LP now owns 4,592,248 shares of the company's stock worth $59,142,000 after acquiring an additional 461,411 shares during the last quarter. Diamond Hill Capital Management LLC Investment Advisor purchased a new stake in shares of SentinelOne during the second quarter worth approximately $59,607,000. Finally, Bank of America Corp DE increased its position in shares of SentinelOne by 17.6% during the first quarter. Bank of America Corp DE now owns 2,519,928 shares of the company's stock worth $32,457,000 after purchasing an additional 377,542 shares in the last quarter. Institutional investors and hedge funds own 90.87% of the company's stock.
Wall Street Analyst Weigh In
S has been the subject of several recent analyst reports. Scotiabank reissued an "outperform" rating on shares of SentinelOne in a report on Friday, August 28th. Sanford C. Bernstein cut shares of SentinelOne from an "outperform" rating to a "market perform" rating and upped their price objective for the stock from $21.00 to $25.00 in a research report on Thursday, September 17th. TD Cowen increased their price objective on shares of SentinelOne from $26.00 to $29.00 and gave the company a "buy" rating in a report on Friday, October 2nd. Guggenheim increased their price objective on shares of SentinelOne from $24.00 to $28.00 and gave the company a "buy" rating in a report on Thursday, August 20th. Finally, Piper Sandler lifted their target price on shares of SentinelOne from $15.00 to $20.00 and gave the company a "neutral" rating in a research report on Friday, August 28th. Eighteen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $24.61.
Check Out Our Latest Stock Analysis on S
About SentinelOne
(
Get Free Report)
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.
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