Engineers Gate Manager LP Buys 268,751 Shares of SentinelOne, Inc. $S

Engineers Gate Manager LP boosted its stake in SentinelOne, Inc. (NYSE:S - Free Report) by 431.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 331,082 shares of the company's stock after purchasing an additional 268,751 shares during the quarter. Engineers Gate Manager LP owned approximately 0.10% of SentinelOne worth $5,618,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in S. Allied Private Wealth LLC bought a new position in shares of SentinelOne in the second quarter worth approximately $25,000. Allworth Financial LP lifted its stake in SentinelOne by 102.4% in 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 during the last quarter. Danske Bank A S purchased a new stake in SentinelOne during the 3rd quarter valued at about $26,000. EFG International AG purchased a new stake in shares of SentinelOne during the fourth quarter valued at approximately $41,000. Finally, Root Financial Partners LLC raised its stake in shares of SentinelOne by 4,582.8% during the first quarter. Root Financial Partners LLC now owns 4,355 shares of the company's stock valued at $56,000 after acquiring an additional 4,262 shares during the last quarter. Institutional investors own 90.87% of the company's stock.

SentinelOne Stock Performance

S opened at $19.83 on Friday. The stock has a market cap of $6.90 billion, a price-to-earnings ratio of -19.64 and a beta of 0.77. The firm's fifty day moving average is $20.09 and its 200 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 - Get Free Report) last announced its quarterly earnings results on Thursday, August 27th. The company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.07 by $0.01. SentinelOne had a negative net margin of 30.95% and a negative return on equity of 15.73%. 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 previous year, the company earned ($0.22) EPS. The business's quarterly revenue was up 20.6% compared to the same quarter last year. SentinelOne has set its FY 2027 guidance at 0.300-0.320 EPS and its Q3 2027 guidance at 0.080-0.090 EPS. On average, equities research analysts predict that SentinelOne, Inc. will post -0.45 earnings per share for the current year.

Insider Buying and Selling

In other news, CEO Tomer Weingarten sold 38,759 shares of the firm's stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $19.79, for a total transaction of $767,040.61. Following the transaction, the chief executive officer owned 1,801,827 shares in the company, valued at approximately $35,658,156.33. This trade represents a 2.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Ana G. Pinczuk sold 6,230 shares of the firm's stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $20.09, for a total transaction of $125,160.70. Following the transaction, the insider directly owned 737,716 shares in the company, valued at $14,820,714.44. This trade represents a 0.84% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 388,807 shares of company stock worth $7,217,689 over the last three months. 4.27% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on S shares. Jefferies Financial Group set a $26.00 target price on shares of SentinelOne in a research report on Friday, August 28th. Guggenheim raised their price target on SentinelOne from $24.00 to $28.00 and gave the company a "buy" rating in a report on Thursday, August 20th. Wolfe Research set a $20.00 price target on SentinelOne in a research report on Friday, May 29th. Piper Sandler increased their price objective on shares of SentinelOne from $15.00 to $20.00 and gave the company a "neutral" rating in a research report on Friday, August 28th. Finally, Citizens Jmp upped their price target on SentinelOne from $23.00 to $25.00 and gave the company a "market outperform" rating in a report on Friday, August 28th. Seventeen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, SentinelOne currently has an average rating of "Moderate Buy" and an average target price of $23.50.

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.

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