SentinelOne (NYSE:S) COO Barry Padgett Sells 9,464 Shares of Stock

SentinelOne, Inc. (NYSE:S) COO Barry Padgett sold 9,464 shares of SentinelOne stock in a transaction that occurred on Friday, November 6th. The shares were sold at an average price of $21.91, for a total transaction of $207,356.24. Following the sale, the chief operating officer owned 952,506 shares of the company’s stock, valued at approximately $20,869,406.46. The trade was a 0.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

SentinelOne Price Performance

S stock opened at $23.46 on Wednesday. The firm’s fifty day simple moving average is $23.15 and its 200-day simple moving average is $17.92. The company has a market capitalization 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.

SentinelOne (NYSE:S) last released its quarterly earnings data on Thursday, August 27th. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01. SentinelOne had a negative net margin of 30.95% and a negative return on equity of 15.73%. The firm had revenue of $291.98 million for the quarter, compared to analyst estimates of $290.24 million. During the same quarter in the prior year, the business earned ($0.22) earnings per share. The business’s quarterly revenue was up 20.6% compared to the same quarter last year. 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 -0.47 earnings per share 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

Institutional Trading of SentinelOne

Hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE increased its holdings in SentinelOne by 17.6% in the first quarter. Bank of America Corp DE now owns 2,519,928 shares of the company’s stock valued at $32,457,000 after buying an additional 377,542 shares in the last quarter. Wellington Management Group LLP raised its position 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 period. California State Teachers Retirement System boosted its stake in shares of SentinelOne by 23.2% during the 1st quarter. California State Teachers Retirement System now owns 358,173 shares of the company’s stock worth $4,613,000 after acquiring an additional 67,373 shares in the last quarter. Moody National Bank Trust Division boosted its stake in shares of SentinelOne by 72.2% during the 2nd quarter. Moody National Bank Trust Division now owns 136,518 shares of the company’s stock worth $2,317,000 after acquiring an additional 57,261 shares in the last quarter. Finally, Squarepoint Ops LLC boosted its stake in shares of SentinelOne by 1,427.5% during the 2nd quarter. Squarepoint Ops LLC now owns 856,528 shares of the company’s stock worth $14,535,000 after acquiring an additional 800,455 shares in the last quarter. 90.87% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Guggenheim increased their price target on SentinelOne from $24.00 to $28.00 and gave the stock a “buy” rating in a research report on Thursday, August 20th. Stephens reissued an “overweight” rating and issued a $26.00 price objective on shares of SentinelOne in a report on Friday, August 28th. Citizens Jmp upped their target price on SentinelOne from $23.00 to $25.00 and gave the stock a “market outperform” rating in a research note on Friday, August 28th. Robert W. Baird raised their target price on SentinelOne from $25.00 to $28.00 and gave the stock an “outperform” rating in a report on Wednesday, October 14th. Finally, Wedbush lifted their price target on SentinelOne from $25.00 to $27.00 and gave the company an “outperform” rating in a research report on Thursday, October 22nd. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, SentinelOne presently has an average rating of “Moderate Buy” and an average price target of $24.61.

About SentinelOne

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.