SentinelOne, Inc. $S Shares Acquired by Legal & General Group Plc

Key Points

• Legal & General Group Plc boosted its SentinelOne stake by 4.2% in the fourth quarter, ending with 8.55 million shares valued at about $128.3 million. Institutional investors still own the vast majority of the stock.
• SentinelOne’s latest quarter beat profit expectations, with EPS of $0.04 versus estimates of $0.02, and revenue grew 20.8% year over year. The company also highlighted record net new ARR and a sixth straight year as a Gartner Endpoint Protection Platforms Leader.
• Despite the growth, management gave cautious guidance for Q2 and the full year, and announced an approximately 8% workforce reduction with restructuring charges. Shares also drew mixed analyst reactions, with JPMorgan raising its target but keeping a neutral rating.

Legal & General Group Plc increased its position in SentinelOne, Inc. (NYSE:S - Free Report) by 4.2% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,551,878 shares of the company's stock after purchasing an additional 346,014 shares during the period. Legal & General Group Plc owned 2.52% of SentinelOne worth $128,278,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Allworth Financial LP grew 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 in the last quarter. Strategic Advocates LLC acquired a new position in SentinelOne in the third quarter worth about $26,000. Danske Bank A S acquired a new position in SentinelOne in the third quarter worth about $26,000. MAI Capital Management grew its stake in SentinelOne by 121.2% in the third quarter. MAI Capital Management now owns 1,825 shares of the company's stock worth $32,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Assetmark Inc. grew its stake in SentinelOne by 700.8% in the fourth quarter. Assetmark Inc. now owns 1,906 shares of the company's stock worth $29,000 after purchasing an additional 1,668 shares in the last quarter. 90.87% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting SentinelOne

Here are the key news stories impacting SentinelOne this week:

• Positive Sentiment: SentinelOne reported Q1 EPS of $0.04, topping estimates of $0.02 and improving from $0.02 a year ago. SentinelOne (S) Q1 Earnings Top Estimates
• Positive Sentiment: The company also highlighted strong business momentum, including 20.8% revenue growth year over year and record net new ARR, while Gartner named SentinelOne a Leader in Endpoint Protection Platforms for the sixth straight year. Gartner Leader Streak
• Neutral Sentiment: JPMorgan raised its price target on SentinelOne to $20 from $16, but kept a neutral rating, suggesting improved valuation expectations without a strong bullish call. JPMorgan price target update
• Negative Sentiment: SentinelOne guided second-quarter revenue to $289 million-$291 million and full-year revenue to about $1.195 billion-$1.205 billion, both around or slightly below Wall Street expectations. Tepid quarterly forecast, to cut 8% jobs
• Negative Sentiment: Management also announced an approximately 8% workforce reduction and a restructuring charge, while investors appeared concerned about margin pressure and softer operating cash flow quality despite the growth in revenue and ARR. SentinelOne slides on results, margins, and restructuring

SentinelOne Trading Up 0.1%

Shares of NYSE S opened at $17.96 on Friday. The stock has a 50 day simple moving average of $14.91 and a 200-day simple moving average of $14.74. The company has a market cap of $6.11 billion, a PE ratio of -13.21 and a beta of 0.78. SentinelOne, Inc. has a 12-month low of $11.81 and a 12-month high of $21.40.

SentinelOne (NYSE:S - Get Free Report) last issued its quarterly earnings data on Thursday, May 28th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.02. The business had revenue of $276.66 million during the quarter, compared to the consensus estimate of $277.32 million. SentinelOne had a negative return on equity of 15.04% and a negative net margin of 45.02%.The business's revenue was up 20.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.02 earnings per share. 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 -0.6 earnings per share for the current fiscal year.

Analyst Ratings Changes

S has been the subject of a number of research reports. Oppenheimer lifted their price target on SentinelOne from $18.00 to $21.00 and gave the stock an "outperform" rating in a research note on Thursday, May 21st. Guggenheim reiterated a "buy" rating and set a $24.00 price target on shares of SentinelOne in a research report on Friday, March 13th. Citigroup dropped their price target on SentinelOne from $18.00 to $17.00 and set a "neutral" rating on the stock in a research report on Friday, March 13th. Raymond James Financial cut SentinelOne from a "strong-buy" rating to a "market perform" rating and set a $18.00 price target on the stock. in a research report on Friday. Finally, Barclays increased their price target on SentinelOne from $16.00 to $19.00 and gave the stock an "equal weight" rating in a research report on Wednesday, May 20th. Fifteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $19.59.

Insiders Place Their Bets

In other SentinelOne news, CFO Barry L. Padgett sold 32,221 shares of the stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $13.37, for a total transaction of $430,794.77. Following the completion of the transaction, the chief financial officer directly owned 643,650 shares of the company's stock, valued at approximately $8,605,600.50. This trade represents a 4.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Ana G. Pinczuk sold 32,396 shares of the stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $13.37, for a total value of $433,134.52. Following the transaction, the insider directly owned 603,650 shares of the company's stock, valued at approximately $8,070,800.50. The trade was a 5.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 527,586 shares of company stock valued at $7,638,793. Corporate insiders own 4.27% of the company's stock.

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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