Investors Buy Large Volume of SentinelOne Call Options (NYSE:S)

SentinelOne, Inc. (NYSE:S) saw unusually large options trading activity on Friday. Stock traders bought 22,967 call options on the stock. This is an increase of 54% compared to the average daily volume of 14,948 call options.

Insiders Place Their Bets

In related news, 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 value of $1,086,393.75. Following the completion of the transaction, the chief executive officer directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Keenan Michael Conder sold 8,401 shares of the stock in a transaction on Monday, June 8th. The stock was sold at an average price of $15.70, for a total value of $131,895.70. Following the sale, the insider owned 982,732 shares in the company, valued at approximately $15,428,892.40. This represents a 0.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 322,045 shares of company stock worth $5,328,034 in the last three months. Insiders own 4.27% of the company’s stock.

Institutional Investors Weigh In On SentinelOne

Several hedge funds have recently bought and sold shares of the stock. Caprock Group LLC increased its position in shares of SentinelOne by 2,275.2% during the 4th quarter. Caprock Group LLC now owns 7,749,446 shares of the company’s stock valued at $116,242,000 after purchasing an additional 7,423,177 shares during the last quarter. AQR Capital Management LLC lifted its position in SentinelOne by 93.4% in the 4th quarter. AQR Capital Management LLC now owns 8,212,127 shares of the company’s stock worth $123,182,000 after buying an additional 3,965,519 shares during the last quarter. Norges Bank bought a new stake in SentinelOne in the 4th quarter worth approximately $54,770,000. First Trust Advisors LP lifted its position in SentinelOne by 38.1% in the 4th quarter. First Trust Advisors LP now owns 13,146,797 shares of the company’s stock worth $197,202,000 after buying an additional 3,624,707 shares during the last quarter. Finally, Diamond Hill Capital Management LLC Investment Advisor purchased a new stake in SentinelOne in the second quarter worth approximately $59,607,000. 90.87% of the stock is currently owned by institutional investors.

SentinelOne Stock Performance

SentinelOne stock traded up $0.51 during midday trading on Friday, hitting $21.27. 2,088,424 shares of the company’s stock were exchanged, compared to its average volume of 7,976,638. SentinelOne has a 52-week low of $11.81 and a 52-week high of $21.51. The stock has a 50-day moving average price of $17.36 and a two-hundred day moving average price of $15.42. The company has a market cap of $7.29 billion, a P/E ratio of -22.14 and a beta of 0.79.

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. The business had revenue of $276.66 million for the quarter, compared to analyst estimates of $277.31 million. SentinelOne had a negative return on equity of 15.35% and a negative net margin of 30.39%.The company’s quarterly revenue was up 20.8% compared to the same quarter last year. During the same period in the prior year, the company earned $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. As a group, sell-side analysts expect that SentinelOne will post -0.43 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have commented on S. Canaccord Genuity Group raised their target price on SentinelOne from $17.00 to $18.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Needham & Company LLC increased their price target on shares of SentinelOne from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Friday, May 29th. The Goldman Sachs Group restated a “neutral” rating and issued a $15.50 price objective on shares of SentinelOne in a research report on Friday, May 29th. Bank of America raised shares of SentinelOne from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $16.00 to $20.00 in a research note on Friday, May 29th. Finally, Oppenheimer upped their target price on shares of SentinelOne from $18.00 to $21.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Eighteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $19.93.

About SentinelOne

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.