Corient Private Wealth LP Boosts Stock Holdings in SentinelOne, Inc. $S

Key Points

• Corient Private Wealth increased its SentinelOne stake by 801.7% in the second quarter, bringing its holdings to 134,418 shares worth approximately $2.28 million. Institutional investors collectively own 90.87% of the company.
• SentinelOne’s latest quarterly results exceeded expectations, with EPS of $0.08 versus the $0.07 consensus and revenue of $291.98 million, up 20.6% year over year. However, the company remains unprofitable, reporting a negative net margin of 30.95%.
• Analysts maintain a generally positive view, giving SentinelOne a “Moderate Buy” consensus rating and an average price target of $23.64. The stock recently opened at $23.82, near its 52-week high of $24.25, while insiders have continued selling shares.

Corient Private Wealth LP raised its position in SentinelOne, Inc. (NYSE:S - Free Report) by 801.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 134,418 shares of the company's stock after acquiring an additional 119,511 shares during the quarter. Corient Private Wealth LP's holdings in SentinelOne were worth $2,281,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in S. HB Wealth Management LLC increased its stake in shares of SentinelOne by 43.0% during the second quarter. HB Wealth Management LLC now owns 37,206 shares of the company's stock valued at $631,000 after purchasing an additional 11,190 shares in the last quarter. Odyssean LLC grew its position in shares of SentinelOne by 38.0% during the second quarter. Odyssean LLC now owns 130,431 shares of the company's stock worth $2,213,000 after purchasing an additional 35,950 shares in the last quarter. Nykredit A S bought a new stake in shares of SentinelOne during the second quarter valued at approximately $214,000. Legacy Financial Advisors Inc. bought a new position in shares of SentinelOne during the 2nd quarter valued at about $327,000. Finally, Proficio Capital Partners LLC purchased a new stake in SentinelOne during the second quarter valued at $189,000. Institutional investors own 90.87% of the company's stock.

SentinelOne Price Performance

Shares of SentinelOne stock opened at $23.82 on Wednesday. SentinelOne, Inc. has a 1-year low of $11.81 and a 1-year high of $24.25. The stock's 50 day simple moving average is $20.76 and its 200-day simple moving average is $17.28. The stock has a market cap of $8.29 billion, a P/E ratio of -23.58 and a beta of 0.77.

SentinelOne (NYSE:S - Get Free Report) last posted 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 company had revenue of $291.98 million for the quarter, compared to the consensus estimate of $290.24 million. SentinelOne had a negative return on equity of 15.73% and a negative net margin of 30.95%.The company's revenue for the quarter was up 20.6% on a year-over-year basis. During the same quarter in the previous 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. As a group, research analysts expect that SentinelOne, Inc. will post -0.46 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on S. Wells Fargo & Company lifted their price target on shares of SentinelOne from $16.00 to $22.00 and gave the stock an "equal weight" rating in a research note on Monday, August 17th. Wolfe Research set a $20.00 price objective on SentinelOne in a research report on Friday, May 29th. Sanford C. Bernstein lowered SentinelOne from an "outperform" rating to a "market perform" rating and increased their price objective for the company from $21.00 to $25.00 in a report on Thursday, September 17th. DA Davidson dropped their price objective on shares of SentinelOne from $18.00 to $15.00 and set a "neutral" rating on the stock in a report on Friday, May 29th. Finally, Needham & Company LLC increased their price objective on shares of SentinelOne from $20.00 to $26.00 and gave the stock a "buy" rating in a research note on Friday, August 28th. Sixteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $23.64.

Insider Buying and Selling

In other SentinelOne news, CAO Robin Tomasello sold 13,311 shares of the 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 sale, the chief accounting officer directly owned 405,112 shares in the company, valued at $8,081,984.40. This represents a 3.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Barry L. Padgett sold 9,778 shares of the company's stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $20.09, for a total value of $196,440.02. Following the sale, the chief operating officer owned 977,430 shares in the company, valued at approximately $19,636,568.70. This trade represents a 0.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 445,756 shares of company stock valued at $8,621,569 over the last quarter. 4.27% of the stock is owned by corporate insiders.

SentinelOne 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.

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