SentinelOne (NYSE:S) COO Sells $391,601.80 in Stock

SentinelOne, Inc. (NYSE:S – Get Free Report) COO Barry Padgett sold 15,460 shares of the firm’s stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $25.33, for a total transaction of $391,601.80. Following the completion of the transaction, the chief operating officer directly owned 961,970 shares in the company, valued at approximately $24,366,700.10. The trade was a 1.58% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

SentinelOne Price Performance

Shares of S stock traded up $0.41 during trading hours on Tuesday, reaching $25.84. The company had a trading volume of 9,226,654 shares, compared to its average volume of 8,765,661. The company has a market cap of $8.99 billion, a price-to-earnings ratio of -25.58 and a beta of 0.70. SentinelOne, Inc. has a 12 month low of $11.81 and a 12 month high of $26.34. The business has a fifty day simple moving average of $21.85 and a 200-day simple moving average of $17.98.

SentinelOne (NYSE:S – Get Free Report) last announced its quarterly earnings results on Thursday, August 27th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.01. The business had revenue of $291.98 million during the quarter, compared to the consensus estimate of $290.24 million. SentinelOne had a negative return on equity of 15.73% and a negative net margin of 30.95%.SentinelOne’s revenue was up 20.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.22) earnings per share. 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, equities research analysts expect that SentinelOne, Inc. will post -0.46 earnings per share for the current year.

Institutional Trading of SentinelOne

Hedge funds have recently added to or reduced their stakes in the stock. Allied Private Wealth LLC bought a new position in shares of SentinelOne during the 2nd quarter valued at approximately $25,000. GAMMA Investing LLC lifted its stake in SentinelOne by 29.7% in the second quarter. GAMMA Investing LLC now owns 3,685 shares of the company’s stock valued at $63,000 after purchasing an additional 843 shares during the last quarter. Root Financial Partners LLC grew its holdings in SentinelOne by 4,582.8% during the first quarter. Root Financial Partners LLC now owns 4,355 shares of the company’s stock valued at $56,000 after purchasing an additional 4,262 shares during the period. Versant Capital Management Inc grew its holdings in SentinelOne by 31.1% during the second quarter. Versant Capital Management Inc now owns 5,221 shares of the company’s stock valued at $89,000 after purchasing an additional 1,239 shares during the period. Finally, Parallel Advisors LLC grew its holdings in SentinelOne by 277.7% during the first quarter. Parallel Advisors LLC now owns 5,318 shares of the company’s stock valued at $68,000 after purchasing an additional 3,910 shares during the period. Institutional investors own 90.87% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Rosenblatt Securities reiterated a “buy” rating and issued a $25.00 target price on shares of SentinelOne in a report on Friday, August 28th. FBN Securities downgraded shares of SentinelOne from an “outperform” rating to a “sector perform” rating and set a $24.00 price objective for the company. in a research report on Tuesday. JPMorgan Chase & Co. lifted their target price on shares of SentinelOne from $18.00 to $22.00 and gave the stock a “neutral” rating in a research report on Friday, August 21st. Cantor Fitzgerald restated an “overweight” rating and issued a $26.00 target price on shares of SentinelOne in a research note on Friday, August 28th. Finally, Jefferies Financial Group set a $26.00 target price on SentinelOne in a research note on Friday, August 28th. Sixteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $23.75.

Read Our Latest Analysis on SentinelOne

About SentinelOne

(Get Free Report)

SentinelOne, Inc (NYSE:S) is a cybersecurity company that develops artificial intelligence-powered software to help organizations prevent, detect, investigate and respond to cyber threats. Its Singularity Platform is designed to protect enterprise endpoints, cloud workloads, identities and other connected assets across an organization’s technology environment.

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

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