SentinelOne (NYSE:S) Hits New 1-Year High – What’s Next?

SentinelOne, Inc. (NYSE:S – Get Free Report)’s share price reached a new 52-week high on Wednesday. The stock traded as high as $24.30 and last traded at $24.2450, with a volume of 2532415 shares changing hands. The stock had previously closed at $23.85.

Analysts Set New Price Targets

S has been the subject of a number of research analyst reports. Citizens Jmp upped their target price on shares of SentinelOne from $23.00 to $25.00 and gave the stock a “market outperform” rating in a research note on Friday, August 28th. JPMorgan Chase & Co. raised their target price on shares of SentinelOne from $18.00 to $22.00 and gave the company a “neutral” rating in a research report on Friday, August 21st. Cantor Fitzgerald restated an “overweight” rating and issued a $26.00 price objective on shares of SentinelOne in a report on Friday, August 28th. Sanford C. Bernstein downgraded SentinelOne from an “outperform” rating to a “market perform” rating and lifted their target price for the company from $21.00 to $25.00 in a research report on Thursday, September 17th. Finally, Bank of America upgraded SentinelOne from a “neutral” rating to a “buy” rating and upped their target price for the stock from $16.00 to $20.00 in a report on Friday, May 29th. Sixteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $23.64.

View Our Latest Report on S

SentinelOne Stock Performance

The company has a market capitalization of $8.35 billion, a P/E ratio of -23.75 and a beta of 0.77. The stock’s fifty day moving average price is $20.94 and its 200-day moving average price is $17.42.

SentinelOne (NYSE:S – Get Free Report) last announced its quarterly earnings results 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 return on equity of 15.73% and a negative net margin of 30.95%.The firm had revenue of $291.98 million for the quarter, compared to the consensus estimate of $290.24 million. During the same quarter in the previous year, the business earned ($0.22) earnings per share. The business’s 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. On average, research analysts predict that SentinelOne, Inc. will post -0.46 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, COO Barry L. Padgett sold 15,460 shares of SentinelOne stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $17.89, for a total transaction of $276,579.40. Following the completion of the sale, the chief operating officer directly owned 987,208 shares of the company’s stock, valued at approximately $17,661,151.12. This trade represents a 1.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible 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 114,890 shares of the company’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $19.89, for a total value of $2,285,162.10. Following the completion of the transaction, the chief executive officer directly owned 1,744,878 shares in the company, valued at approximately $34,705,623.42. This represents a 6.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 445,756 shares of company stock worth $8,621,569 in the last 90 days. Corporate insiders own 4.27% of the company’s stock.

Hedge Funds Weigh In On SentinelOne

Several institutional investors and hedge funds have recently modified their holdings of the business. Legal & General Group Plc raised its stake in SentinelOne by 4.2% in the 4th quarter. Legal & General Group Plc now owns 8,551,878 shares of the company’s stock worth $128,278,000 after purchasing an additional 346,014 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of SentinelOne by 4.2% during the fourth quarter. Geode Capital Management LLC now owns 5,574,144 shares of the company’s stock worth $83,630,000 after purchasing an additional 226,173 shares during the period. Wellington Management Group LLP increased its holdings in shares of SentinelOne by 216.0% during the second quarter. Wellington Management Group LLP now owns 5,015,311 shares of the company’s stock worth $85,110,000 after purchasing an additional 3,428,192 shares during the period. Dimensional Fund Advisors LP raised its position in shares of SentinelOne by 11.2% in the first quarter. Dimensional Fund Advisors LP now owns 4,592,248 shares of the company’s stock valued at $59,142,000 after buying an additional 461,411 shares in the last quarter. Finally, Swedbank AB raised its position in shares of SentinelOne by 9.8% in the first quarter. Swedbank AB now owns 4,183,973 shares of the company’s stock valued at $53,890,000 after buying an additional 374,659 shares in the last quarter. 90.87% of the stock is currently owned by institutional investors and hedge funds.

About SentinelOne

(Get Free Report)

SentinelOne, Inc is a cybersecurity company that develops artificial intelligence-powered software for protecting enterprises, governments and other organizations from cyber threats. Its Singularity Platform is designed to secure endpoints, cloud workloads, identities and enterprise data while helping customers detect, investigate and respond to attacks.

The company’s offerings include endpoint protection and detection, cloud security, identity security, managed detection and response, and security operations tools.

Recommended Stories

Receive News & Ratings for SentinelOne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SentinelOne and related companies with MarketBeat.com's FREE daily email newsletter.