Barry Padgett Sells 9,778 Shares of SentinelOne (NYSE:S) Stock

Key Points

• SentinelOne COO Barry Padgett sold 9,778 shares at an average price of $20.09, totaling approximately $196,440. The sale was made to cover tax withholding obligations from vested equity awards, leaving him with 977,430 shares.
• SentinelOne shares rose to $21.36, near their 52-week high of $21.51. The company recently reported quarterly EPS of $0.04, beating estimates, while revenue increased 20.8% year over year to $276.66 million.
• Wall Street maintains a “Moderate Buy” consensus, with 18 analysts rating the stock a Buy and an average price target of $19.93; institutional investors own 90.87% of the company.

SentinelOne, Inc. (NYSE:S - Get Free Report) COO Barry Padgett sold 9,778 shares of the firm's stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $20.09, for a total transaction of $196,440.02. Following the transaction, the chief operating officer directly owned 977,430 shares in the company, valued at $19,636,568.70. This represents a 0.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

SentinelOne Stock Performance

Shares of NYSE S traded up $0.60 during midday trading on Friday, reaching $21.36. The company's stock had a trading volume of 5,991,110 shares, compared to its average volume of 6,892,249. The company has a market cap of $7.32 billion, a P/E ratio of -22.25 and a beta of 0.79. SentinelOne, Inc. has a fifty-two week low of $11.81 and a fifty-two week high of $21.51. The business's 50 day moving average price is $17.46 and its two-hundred day moving average price is $15.47.

SentinelOne (NYSE:S - Get Free Report) last announced its quarterly earnings data on Thursday, May 28th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.02. The firm had revenue of $276.66 million during the quarter, compared to analysts' expectations of $277.31 million. SentinelOne had a negative return on equity of 15.35% and a negative net margin of 30.39%.The company's quarterly revenue was up 20.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.02 EPS. SentinelOne has set its Q2 2027 guidance at 0.060-0.080 EPS and its FY 2027 guidance at 0.320-0.380 EPS. Sell-side analysts forecast that SentinelOne, Inc. will post -0.44 earnings per share for the current fiscal year.

Institutional Trading of SentinelOne

Hedge funds and other institutional investors have recently modified their holdings of the stock. Allied Private Wealth LLC acquired a new position in shares of SentinelOne during the second quarter worth $25,000. Allworth Financial LP boosted its holdings in shares of SentinelOne by 102.4% during the 3rd quarter. Allworth Financial LP now owns 1,435 shares of the company's stock valued at $25,000 after acquiring an additional 726 shares in the last quarter. Danske Bank A S acquired a new stake in shares of SentinelOne during the 3rd quarter valued at $26,000. Assetmark Inc. grew its position in SentinelOne by 700.8% during the 4th quarter. Assetmark Inc. now owns 1,906 shares of the company's stock worth $29,000 after acquiring an additional 1,668 shares during the last quarter. Finally, Spurstone Advisory Services LLC grew its position in SentinelOne by 66.7% during the 4th quarter. Spurstone Advisory Services LLC now owns 2,500 shares of the company's stock worth $38,000 after acquiring an additional 1,000 shares during the last quarter. Institutional investors own 90.87% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on S. Wolfe Research set a $20.00 target price on SentinelOne in a report on Friday, May 29th. Bank of America raised SentinelOne from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $16.00 to $20.00 in a report on Friday, May 29th. Oppenheimer raised their price objective on SentinelOne from $18.00 to $21.00 and gave the company an "outperform" rating in a research note on Thursday, May 21st. Cantor Fitzgerald lifted their target price on SentinelOne from $18.00 to $24.00 and gave the company an "overweight" rating in a research report on Wednesday, May 27th. Finally, The Goldman Sachs Group reiterated a "neutral" rating and issued a $15.50 target price on shares of SentinelOne in a research report on Friday, May 29th. Eighteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $19.93.

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.

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