SentinelOne (NYSE:S) Sets New 1-Year High – Time to Buy?

SentinelOne, Inc. (NYSE:S) hit a new 52-week high on Wednesday. The stock traded as high as $26.34 and last traded at $25.8350, with a volume of 9226654 shares changing hands. The stock had previously closed at $25.43.

Wall Street Analyst Weigh In

S has been the topic of a number of recent research reports. Guggenheim upped their price target on SentinelOne from $24.00 to $28.00 and gave the company a “buy” rating in a research report on Thursday, August 20th. Weiss Ratings upgraded SentinelOne from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, July 21st. UBS Group upped their price objective on shares of SentinelOne from $16.00 to $24.00 and gave the company a “neutral” rating in a report on Friday, August 28th. FBN Securities lowered shares of SentinelOne from an “outperform” rating to a “sector perform” rating and set a $24.00 target price for the company. in a research report on Tuesday. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $26.00 target price on shares of SentinelOne in a research note on Friday, August 28th. Sixteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, SentinelOne has an average rating of “Moderate Buy” and a consensus target price of $23.75.

SentinelOne Stock Up 0.3%

The company has a market capitalization of $8.83 billion, a PE ratio of -25.13 and a beta of 0.70. The company has a 50-day moving average price of $22.12 and a two-hundred day moving average price of $18.13.

SentinelOne (NYSE:S) last issued its quarterly earnings data on Thursday, August 27th. The company reported $0.08 earnings per share (EPS) 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 business had revenue of $291.98 million for the quarter, compared to analysts’ expectations of $290.24 million. During the same quarter in the prior year, the firm posted ($0.22) EPS. The firm’s quarterly revenue was up 20.6% on a year-over-year basis. SentinelOne has set its FY 2027 guidance at 0.300-0.320 EPS and its Q3 2027 guidance at 0.080-0.090 EPS. As a group, equities analysts anticipate that SentinelOne, Inc. will post -0.46 EPS for the current fiscal year.

Insider Transactions at SentinelOne

In other news, insider Ana Pinczuk sold 16,042 shares of the firm’s stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $25.33, for a total value of $406,343.86. Following the completion of the transaction, the insider directly owned 721,674 shares in the company, valued at approximately $18,280,002.42. This trade represents a 2.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Robin Tomasello sold 13,311 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $19.95, for a total transaction of $265,554.45. Following the transaction, the chief accounting officer directly owned 405,112 shares of the company’s stock, valued at approximately $8,081,984.40. This represents a 3.18% decrease in their position. 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. In the last 90 days, insiders sold 915,183 shares of company stock valued at $21,151,124. Company insiders own 4.27% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in S. GAMMA Investing LLC raised its position in shares of SentinelOne by 40.9% in the third quarter. GAMMA Investing LLC now owns 5,191 shares of the company’s stock worth $123,000 after buying an additional 1,506 shares in the last quarter. Farther Finance Advisors LLC grew its position in SentinelOne by 15.7% during the third quarter. Farther Finance Advisors LLC now owns 18,533 shares of the company’s stock worth $440,000 after buying an additional 2,511 shares in the last quarter. Valeo Financial Advisors LLC purchased a new position in SentinelOne during the third quarter worth about $225,000. Engineers Gate Manager LP increased its stake in SentinelOne by 431.2% in the 2nd quarter. Engineers Gate Manager LP now owns 331,082 shares of the company’s stock worth $5,618,000 after acquiring an additional 268,751 shares during the last quarter. Finally, Integrated Wealth Concepts LLC increased its stake in SentinelOne by 44.8% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 76,183 shares of the company’s stock worth $1,293,000 after acquiring an additional 23,561 shares during the last quarter. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

About SentinelOne

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.