SentinelOne (NYSE:S) Shares Down 5.7% – Time to Sell?

SentinelOne, Inc. (NYSE:S) shares dropped 5.7% on Tuesday . The company traded as low as $20.92 and last traded at $20.8420. Approximately 1,290,280 shares traded hands during trading, a decline of 84% from the average daily volume of 7,997,392 shares. The stock had previously closed at $22.10.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on S shares. Piper Sandler increased their price target on SentinelOne from $15.00 to $20.00 and gave the stock a “neutral” rating in a research report on Friday. Sanford C. Bernstein boosted their target price on shares of SentinelOne from $19.00 to $21.00 and gave the stock an “outperform” rating in a research report on Friday. Jefferies Financial Group set a $26.00 price objective on shares of SentinelOne in a report on Friday. JPMorgan Chase & Co. upped their target price on SentinelOne from $18.00 to $22.00 and gave the company a “neutral” rating in a research report on Friday, August 21st. Finally, Wolfe Research set a $20.00 price objective on SentinelOne in a research note on Friday, May 29th. Seventeen equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, SentinelOne has an average rating of “Moderate Buy” and an average price target of $23.33.

SentinelOne Stock Down 6.5%

The firm has a 50-day moving average price of $19.48 and a two-hundred day moving average price of $16.37. The firm has a market cap of $7.08 billion, a PE ratio of -20.46 and a beta of 0.79.

SentinelOne (NYSE:S) last issued its earnings results on Thursday, August 27th. The company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.01. The business had revenue of $291.98 million during the quarter, compared to analysts’ expectations of $290.24 million. SentinelOne had a negative net margin of 30.95% and a negative return on equity of 15.66%. The company’s quarterly revenue was up 20.6% compared to the same quarter last year. During the same period in the prior year, the business earned ($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. Research analysts forecast that SentinelOne, Inc. will post -0.44 earnings per share for the current fiscal year.

Insider Activity

In other news, CAO Robin Tomasello sold 11,905 shares of SentinelOne stock in a transaction on Monday, June 8th. The stock was sold at an average price of $15.70, for a total transaction of $186,908.50. Following the transaction, the chief accounting officer owned 445,330 shares in the company, valued at $6,991,681. The trade was a 2.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 Friday, July 31st. The shares were sold at an average price of $18.75, for a total transaction of $1,086,393.75. Following 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 423,705 shares of company stock valued at $7,369,527 in the last 90 days. 4.27% of the stock is owned by insiders.

Institutional Investors Weigh In On SentinelOne

Several hedge funds and other institutional investors have recently bought and sold shares of S. Daiwa Securities Group Inc. grew its position in SentinelOne by 25.2% in the second quarter. Daiwa Securities Group Inc. now owns 3,442 shares of the company’s stock worth $63,000 after acquiring an additional 692 shares during the period. Allworth Financial LP raised its position in SentinelOne by 102.4% in the third 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 period. Public Employees Retirement System of Ohio lifted its stake in shares of SentinelOne by 0.9% in the 1st quarter. Public Employees Retirement System of Ohio now owns 89,609 shares of the company’s stock valued at $1,154,000 after purchasing an additional 784 shares during the last quarter. Main Management ETF Advisors LLC lifted its stake in shares of SentinelOne by 1.0% in the 4th quarter. Main Management ETF Advisors LLC now owns 82,215 shares of the company’s stock valued at $1,233,000 after purchasing an additional 840 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of SentinelOne by 29.7% during the 2nd quarter. GAMMA Investing LLC now owns 3,685 shares of the company’s stock worth $63,000 after purchasing an additional 843 shares during the period. 90.87% of the stock is currently owned by institutional investors and hedge funds.

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.