Wellington Management Group LLP Purchases 3,428,192 Shares of SentinelOne, Inc. $S

Wellington Management Group LLP grew its holdings in shares of SentinelOne, Inc. (NYSE:S) by 216.0% in the 2nd quarter, Holdings Channel.com reports. The firm owned 5,015,311 shares of the company’s stock after purchasing an additional 3,428,192 shares during the quarter. Wellington Management Group LLP’s holdings in SentinelOne were worth $85,110,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Allied Private Wealth LLC purchased a new position in shares of SentinelOne in the second quarter worth approximately $25,000. Allworth Financial LP increased its holdings in SentinelOne by 102.4% during the third quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock valued at $25,000 after buying an additional 726 shares during the last quarter. Danske Bank A S purchased a new stake in SentinelOne during the third quarter valued at approximately $26,000. EFG International AG bought a new position in SentinelOne in the fourth quarter worth approximately $41,000. Finally, Root Financial Partners LLC raised its position in SentinelOne by 4,582.8% in the first quarter. Root Financial Partners LLC now owns 4,355 shares of the company’s stock worth $56,000 after acquiring an additional 4,262 shares during the period. Institutional investors own 90.87% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on S. Jefferies Financial Group set a $26.00 price target on shares of SentinelOne in a research note on Friday, August 28th. Canaccord Genuity Group raised their target price on SentinelOne from $18.00 to $25.00 and gave the stock a “buy” rating in a report on Friday, August 28th. The Goldman Sachs Group lifted their target price on SentinelOne from $15.50 to $17.50 and gave the company a “neutral” rating in a research report on Monday. Wells Fargo & Company boosted their price target on SentinelOne from $16.00 to $22.00 and gave the company an “equal weight” rating in a report on Monday, August 17th. Finally, Piper Sandler raised their price objective on SentinelOne from $15.00 to $20.00 and gave the stock a “neutral” rating in a research note on Friday, August 28th. Seventeen analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, SentinelOne currently has a consensus rating of “Moderate Buy” and an average price target of $23.33.

Insiders Place Their Bets

In other SentinelOne news, CAO Robin Tomasello sold 11,905 shares of the 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 sale, the chief accounting officer directly owned 445,330 shares of the company’s stock, valued at $6,991,681. This trade represents a 2.60% 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. Also, CEO Tomer Weingarten sold 57,941 shares of SentinelOne stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $18.75, for a total transaction of $1,086,393.75. Following the sale, the chief executive officer owned 1,894,397 shares in the company, valued at approximately $35,519,943.75. The trade was a 2.97% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 423,705 shares of company stock worth $7,369,527 over the last ninety days. 4.27% of the stock is owned by company insiders.

SentinelOne Stock Down 4.6%

Shares of SentinelOne stock opened at $19.69 on Thursday. The company has a market capitalization of $6.75 billion, a price-to-earnings ratio of -19.49 and a beta of 0.77. The stock’s 50-day simple moving average is $19.68 and its 200-day simple moving average is $16.47. SentinelOne, Inc. has a 52 week low of $11.81 and a 52 week high of $23.95.

SentinelOne (NYSE:S) last released its earnings results on Thursday, August 27th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.01. The firm had revenue of $291.98 million during the quarter, compared to analysts’ expectations of $290.24 million. SentinelOne had a negative return on equity of 15.73% and a negative net margin of 30.95%.The firm’s revenue was up 20.6% on a year-over-year basis. During the same quarter last year, the business posted ($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. On average, equities analysts expect that SentinelOne, Inc. will post -0.45 earnings per share for the current year.

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.