Norges Bank Makes New $54.77 Million Investment in SentinelOne, Inc. $S

Norges Bank acquired a new stake in SentinelOne, Inc. (NYSE:S) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 3,651,304 shares of the company’s stock, valued at approximately $54,770,000.

A number of other institutional investors also recently modified their holdings of S. Vanguard Group Inc. lifted its position in shares of SentinelOne by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 36,532,555 shares of the company’s stock worth $547,988,000 after purchasing an additional 520,142 shares in the last quarter. Legal & General Group Plc increased its holdings in shares of SentinelOne by 4.2% in the fourth quarter. Legal & General Group Plc now owns 8,551,878 shares of the company’s stock valued at $128,278,000 after purchasing an additional 346,014 shares in the last quarter. Caprock Group LLC raised its position in SentinelOne by 2,275.2% in the 4th quarter. Caprock Group LLC now owns 7,749,446 shares of the company’s stock worth $116,242,000 after purchasing an additional 7,423,177 shares during the last quarter. State Street Corp lifted its holdings in SentinelOne by 4.7% during the 2nd quarter. State Street Corp now owns 5,615,912 shares of the company’s stock worth $102,659,000 after buying an additional 251,076 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in SentinelOne by 4.2% during the 4th quarter. Geode Capital Management LLC now owns 5,574,144 shares of the company’s stock worth $83,630,000 after buying an additional 226,173 shares in the last quarter. 90.87% of the stock is owned by institutional investors.

Insider Activity at SentinelOne

In other news, CEO Tomer Weingarten sold 231,664 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $15.32, for a total value of $3,549,092.48. Following the sale, the chief executive officer directly owned 2,012,771 shares in the company, valued at $30,835,651.72. The trade was a 10.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ana G. Pinczuk sold 32,396 shares of the company’s stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $13.37, for a total value of $433,134.52. Following the transaction, the insider directly owned 603,650 shares of the company’s stock, valued at $8,070,800.50. This represents a 5.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 475,313 shares of company stock valued at $6,916,902 in the last quarter. 4.27% of the stock is currently owned by company insiders.

SentinelOne Stock Performance

Shares of S opened at $15.86 on Monday. The firm has a market cap of $5.44 billion, a P/E ratio of -16.52 and a beta of 0.83. SentinelOne, Inc. has a twelve month low of $11.81 and a twelve month high of $21.40. The firm’s 50 day moving average price is $15.24 and its two-hundred day moving average price is $14.74.

SentinelOne (NYSE:S) last issued its quarterly earnings data on Thursday, May 28th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.02. SentinelOne had a negative net margin of 30.39% and a negative return on equity of 15.35%. The company had revenue of $276.66 million during the quarter, compared to the consensus estimate of $277.32 million. During the same quarter in the prior year, the firm earned $0.02 earnings per share. The firm’s revenue was up 20.8% compared to the same quarter last year. SentinelOne has set its Q2 2027 guidance at 0.060-0.080 EPS and its FY 2027 guidance at 0.320-0.380 EPS. On average, sell-side analysts anticipate that SentinelOne, Inc. will post -0.48 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on S shares. Wedbush reissued an “outperform” rating and issued a $20.00 target price on shares of SentinelOne in a research note on Friday, May 29th. Morgan Stanley decreased their price target on SentinelOne from $18.00 to $17.00 and set an “equal weight” rating on the stock in a report on Friday, March 13th. Scotiabank lifted their price objective on SentinelOne from $15.00 to $16.00 and gave the stock a “sector perform” rating in a research report on Friday, May 29th. Wolfe Research set a $20.00 price objective on SentinelOne in a report on Friday, May 29th. Finally, Needham & Company LLC upped their target price on shares of SentinelOne from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Seventeen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $19.67.

SentinelOne Company Profile

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.