SentinelOne (NYSE:S) Sets New 52-Week High – Time to Buy?

SentinelOne, Inc. (NYSE:S) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $20.81 and last traded at $20.7750, with a volume of 547654 shares traded. The stock had previously closed at $20.05.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on S. 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 report on Monday, July 6th. UBS Group lifted their price objective on SentinelOne from $15.00 to $16.00 and gave the company a “neutral” rating in a research report on Friday, May 29th. Wells Fargo & Company upped their target price on SentinelOne from $14.00 to $16.00 and gave the company an “equal weight” rating in a research note on Thursday, May 21st. Canaccord Genuity Group increased their target price on SentinelOne from $17.00 to $18.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Finally, TD Cowen reissued a “buy” rating on shares of SentinelOne in a research note on Friday, May 29th. Eighteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $19.93.

SentinelOne Stock Performance

The company has a market cap of $7.11 billion, a price-to-earnings ratio of -21.56 and a beta of 0.79. The stock’s fifty day simple moving average is $17.20 and its two-hundred day simple moving average is $15.28.

SentinelOne (NYSE:S) last released its quarterly earnings data on Thursday, May 28th. The company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.02. The business had revenue of $276.66 million during the quarter, compared to the consensus estimate of $277.31 million. SentinelOne had a negative return on equity of 15.35% and a negative net margin of 30.39%.The business’s revenue for the quarter was up 20.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.02 EPS. SentinelOne has set its Q2 2027 guidance at 0.060-0.080 EPS and its FY 2027 guidance at 0.320-0.380 EPS. Analysts predict that SentinelOne, Inc. will post -0.43 EPS for the current fiscal year.

Insider Activity

In other news, insider Keenan Michael Conder sold 8,401 shares of SentinelOne stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $15.70, for a total value of $131,895.70. Following the transaction, the insider directly owned 982,732 shares of the company’s stock, valued at $15,428,892.40. The trade was a 0.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 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 the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $17.71, for a total value of $1,026,135.11. Following the sale, the chief executive officer owned 1,894,397 shares of the company’s stock, valued at $33,549,770.87. The trade was a 2.97% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 293,073 shares of company stock valued at $4,695,005 in the last 90 days. 4.27% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Allied Private Wealth LLC acquired a new stake in shares of SentinelOne in the second quarter worth $25,000. Allworth Financial LP lifted its holdings in shares of SentinelOne by 102.4% during the 3rd quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock valued at $25,000 after acquiring an additional 726 shares in the last quarter. Danske Bank A S purchased a new stake in SentinelOne during the 3rd quarter worth $26,000. Assetmark Inc. boosted its position in SentinelOne by 700.8% during the 4th quarter. Assetmark Inc. now owns 1,906 shares of the company’s stock worth $29,000 after purchasing an additional 1,668 shares during the period. Finally, Spurstone Advisory Services LLC increased its holdings in SentinelOne by 66.7% in the 4th quarter. Spurstone Advisory Services LLC now owns 2,500 shares of the company’s stock valued at $38,000 after purchasing an additional 1,000 shares in the last quarter. 90.87% of the stock is owned by institutional investors and hedge funds.

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.