SentinelOne (NYSE:S) Issues Earnings Results

SentinelOne (NYSE:SGet Free Report) posted its quarterly earnings data on Thursday. The company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.02, FiscalAI reports. SentinelOne had a negative net margin of 45.02% and a negative return on equity of 15.04%. The firm had revenue of $276.66 million for the quarter, compared to the consensus estimate of $277.31 million.

SentinelOne Stock Performance

Shares of SentinelOne stock traded up $0.01 during trading hours on Thursday, reaching $17.96. The company’s stock had a trading volume of 24,505,560 shares, compared to its average volume of 8,235,584. The company’s 50 day simple moving average is $14.84 and its 200 day simple moving average is $14.74. SentinelOne has a one year low of $11.81 and a one year high of $21.40. The stock has a market cap of $6.11 billion, a P/E ratio of -13.21 and a beta of 0.78.

Key Stories Impacting SentinelOne

Here are the key news stories impacting SentinelOne this week:

Wall Street Analysts Forecast Growth

S has been the topic of a number of research analyst reports. Wells Fargo & Company increased their price objective on shares of 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 reduced their price objective on shares of SentinelOne from $23.00 to $17.00 and set a “buy” rating on the stock in a research note on Friday, March 13th. DA Davidson reduced their price objective on shares of SentinelOne from $16.00 to $14.00 and set a “neutral” rating on the stock in a research note on Thursday, March 5th. Scotiabank reduced their price objective on shares of SentinelOne from $17.00 to $15.00 and set a “sector perform” rating on the stock in a research note on Friday, March 13th. Finally, Guggenheim reiterated a “buy” rating and set a $24.00 price objective on shares of SentinelOne in a research note on Friday, March 13th. Sixteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $19.80.

Get Our Latest Analysis on S

Insider Buying and Selling at SentinelOne

In other news, CFO Barry L. Padgett sold 32,221 shares of the firm’s stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of $13.37, for a total value of $430,794.77. Following the transaction, the chief financial officer directly owned 643,650 shares in the company, valued at approximately $8,605,600.50. This trade represents a 4.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Robin Tomasello sold 10,163 shares of the firm’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $13.81, for a total transaction of $140,351.03. Following the completion of the transaction, the chief accounting officer owned 400,871 shares in the company, valued at approximately $5,536,028.51. The trade was a 2.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 527,586 shares of company stock valued at $7,638,793. Corporate insiders own 4.27% of the company’s stock.

Institutional Trading of SentinelOne

Several hedge funds have recently bought and sold shares of S. Allworth Financial LP lifted its position in SentinelOne by 102.4% in the 3rd quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock valued at $25,000 after purchasing an additional 726 shares during the last quarter. Danske Bank A S bought a new stake in SentinelOne in the 3rd quarter valued at about $26,000. EFG International AG bought a new stake in SentinelOne in the 4th quarter valued at about $41,000. Daiwa Securities Group Inc. lifted its position in SentinelOne by 25.2% in the 2nd quarter. Daiwa Securities Group Inc. now owns 3,442 shares of the company’s stock valued at $63,000 after purchasing an additional 692 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in SentinelOne by 540.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,258 shares of the company’s stock valued at $78,000 after purchasing an additional 3,593 shares during the last quarter. 90.87% of the stock is currently owned by institutional investors.

About SentinelOne

(Get Free Report)

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.

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Earnings History for SentinelOne (NYSE:S)

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