Public Employees Retirement System of Ohio Purchases New Shares in SentinelOne, Inc. $S

Key Points

• Public Employees Retirement System of Ohio acquired 91,301 SentinelOne shares worth approximately $1.55 million, while institutional investors collectively own 90.87% of the company.
• Analysts maintain a favorable outlook, with a “Moderate Buy” consensus rating and an average price target of $23.33; recent targets range from $20 to $28.
• SentinelOne reported quarterly revenue of $291.98 million, up 20.6% year over year, and earnings per share of $0.08, exceeding the $0.07 consensus estimate, although the company remains unprofitable.

Public Employees Retirement System of Ohio acquired a new stake in SentinelOne, Inc. (NYSE:S - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 91,301 shares of the company's stock, valued at approximately $1,549,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of S. Daiwa Securities Group Inc. boosted its stake in shares of SentinelOne by 25.2% during the 2nd quarter. Daiwa Securities Group Inc. now owns 3,442 shares of the company's stock worth $63,000 after buying an additional 692 shares during the last quarter. Allworth Financial LP grew its holdings in shares of SentinelOne by 102.4% in 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. Main Management ETF Advisors LLC increased its position in shares of SentinelOne by 1.0% in the fourth quarter. Main Management ETF Advisors LLC now owns 82,215 shares of the company's stock valued at $1,233,000 after acquiring an additional 840 shares during the last quarter. GAMMA Investing LLC increased its position in shares of SentinelOne by 29.7% in the second quarter. GAMMA Investing LLC now owns 3,685 shares of the company's stock valued at $63,000 after acquiring an additional 843 shares during the last quarter. Finally, Caerus Investment Advisors LLC raised its holdings in SentinelOne by 6.0% during the first quarter. Caerus Investment Advisors LLC now owns 15,390 shares of the company's stock worth $198,000 after acquiring an additional 877 shares in the last quarter. Institutional investors and hedge funds own 90.87% of the company's stock.

Analyst Ratings Changes

Several research analysts recently commented on the company. Wolfe Research set a $20.00 price target on SentinelOne in a research report on Friday, May 29th. Barclays boosted their price target on SentinelOne from $22.00 to $23.00 and gave the stock an "equal weight" rating in a research report on Friday, August 28th. Guggenheim upped their price objective on SentinelOne from $24.00 to $28.00 and gave the stock a "buy" rating in a research note on Thursday, August 20th. Morgan Stanley increased their price objective on SentinelOne from $17.00 to $23.00 and gave the company an "equal weight" rating in a report on Friday, August 28th. Finally, Rosenblatt Securities reissued a "buy" rating and issued a $25.00 target price on shares of SentinelOne in a research note on Friday, August 28th. Seventeen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $23.33.

SentinelOne Stock Performance

Shares of NYSE:S opened at $19.83 on Tuesday. SentinelOne, Inc. has a 52-week low of $11.81 and a 52-week high of $23.95. The company has a market capitalization of $6.90 billion, a P/E ratio of -19.63 and a beta of 0.77. The company has a 50-day simple moving average of $19.91 and a 200 day simple moving average of $16.60.

SentinelOne (NYSE:S - Get Free Report) last announced its quarterly earnings results on Thursday, August 27th. The company reported $0.08 earnings per share 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 firm had revenue of $291.98 million for the quarter, compared to the consensus estimate of $290.24 million. During the same quarter in the previous year, the business earned ($0.22) earnings per share. The business's 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. As a group, equities analysts forecast that SentinelOne, Inc. will post -0.45 earnings per share for the current year.

Insiders Place Their Bets

In related news, COO Barry Padgett sold 15,460 shares of the stock in a transaction on Monday, July 6th. The stock was sold at an average price of $17.89, for a total value of $276,579.40. Following the sale, the chief operating officer owned 987,208 shares in the company, valued at approximately $17,661,151.12. This represents a 1.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Keenan Conder sold 26,374 shares of the firm's stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $20.08, for a total value of $529,589.92. Following the sale, the insider directly owned 956,358 shares of the company's stock, valued at $19,203,668.64. This represents a 2.68% 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 364,281 shares of company stock valued at $6,435,397 over the last 90 days. 4.27% of the stock is owned by insiders.

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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