Insider Selling: SentinelOne (NYSE:S) CAO Sells $421,724.80 in Stock

SentinelOne, Inc. (NYSE:S) CAO Robin Tomasello sold 21,440 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $19.67, for a total transaction of $421,724.80. Following the completion of the sale, the chief accounting officer directly owned 418,423 shares in the company, valued at $8,230,380.41. This represents a 4.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Robin Tomasello also recently made the following trade(s):

• On Thursday, September 10th, Robin Tomasello sold 13,311 shares of SentinelOne stock. The stock was sold at an average price of $19.95, for a total transaction of $265,554.45.
• On Thursday, August 6th, Robin Tomasello sold 5,467 shares of SentinelOne stock. The stock was sold at an average price of $20.08, for a total transaction of $109,777.36.

SentinelOne Stock Up 0.1%

NYSE:S opened at $19.83 on Friday. The company has a market cap of $6.90 billion, a P/E ratio of -19.64 and a beta of 0.77. The firm’s 50 day moving average is $20.09 and its two-hundred day moving average is $16.75. SentinelOne, Inc. has a fifty-two week low of $11.81 and a fifty-two week high of $23.95.

SentinelOne (NYSE:S) last announced its quarterly earnings data on Thursday, August 27th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.01. The company 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 15.73%. The business’s quarterly revenue was up 20.6% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.22) EPS. 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 -0.45 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Deutsche Bank Aktiengesellschaft set a $24.00 price target on SentinelOne in a research note on Monday, August 17th. JPMorgan Chase & Co. lifted their price objective on SentinelOne from $18.00 to $22.00 and gave the company a “neutral” rating in a research note on Friday, August 21st. Guggenheim boosted their target price on SentinelOne from $24.00 to $28.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. Needham & Company LLC increased their target price on shares of SentinelOne from $20.00 to $26.00 and gave the stock a “buy” rating in a research report on Friday, August 28th. Finally, Wolfe Research set a $20.00 price target on shares of SentinelOne in a report on Friday, May 29th. Seventeen equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $23.50.

Hedge Funds Weigh In On SentinelOne

Institutional investors and hedge funds have recently bought and sold shares of the stock. Arizona State Retirement System grew its position in SentinelOne by 0.7% in the second quarter. Arizona State Retirement System now owns 87,546 shares of the company’s stock valued at $1,486,000 after acquiring an additional 638 shares in the last quarter. Daiwa Securities Group Inc. lifted its position in shares of SentinelOne by 25.2% during the second quarter. Daiwa Securities Group Inc. now owns 3,442 shares of the company’s stock worth $63,000 after purchasing an additional 692 shares in the last quarter. Allworth Financial LP lifted its position in shares of SentinelOne by 102.4% during the third quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock worth $25,000 after purchasing an additional 726 shares in the last quarter. Public Employees Retirement System of Ohio boosted its stake in shares of SentinelOne by 0.9% in the first 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 period. Finally, Main Management ETF Advisors LLC grew its holdings in SentinelOne by 1.0% during 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 in the last quarter. Hedge funds and other institutional investors own 90.87% of the company’s stock.

SentinelOne Company Profile

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.