SentinelOne, Inc. $S Shares Purchased by Algert Global LLC

Key Points

• Algert Global LLC significantly increased its stake in SentinelOne, Inc. by 942.3%, owning 104,296 shares valued at approximately $1.9 million after purchasing an additional 94,290 shares in the first quarter.
• Several other institutional investors also boosted their holdings, with Massachusetts Financial Services Co. increasing its stake by 92.3% to 5.3 million shares, and Point72 Asset Management acquiring a new stake worth $63.1 million.
• SentinelOne's stock is currently rated with an average target price of $24.80, with three analysts rating it as a Strong Buy and several others issuing varying price objectives from $18.00 to $28.00.

Algert Global LLC raised its holdings in shares of SentinelOne, Inc. (NYSE:S - Free Report) by 942.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 104,296 shares of the company's stock after acquiring an additional 94,290 shares during the period. Algert Global LLC's holdings in SentinelOne were worth $1,896,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. CENTRAL TRUST Co acquired a new position in shares of SentinelOne in the 1st quarter valued at about $26,000. Parallel Advisors LLC lifted its holdings in SentinelOne by 94.0% in the first quarter. Parallel Advisors LLC now owns 1,944 shares of the company's stock valued at $35,000 after acquiring an additional 942 shares during the period. GAMMA Investing LLC boosted its position in SentinelOne by 513.3% in the 1st quarter. GAMMA Investing LLC now owns 1,938 shares of the company's stock worth $35,000 after purchasing an additional 1,622 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of SentinelOne during the 4th quarter worth approximately $38,000. Finally, Versant Capital Management Inc grew its stake in shares of SentinelOne by 510.9% during the 1st quarter. Versant Capital Management Inc now owns 2,297 shares of the company's stock worth $42,000 after purchasing an additional 1,921 shares during the period. Institutional investors and hedge funds own 90.87% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on S. Wells Fargo & Company reissued an "equal weight" rating and set a $18.00 target price (down from $22.00) on shares of SentinelOne in a research note on Thursday, May 29th. Jefferies Financial Group reiterated a "buy" rating on shares of SentinelOne in a research report on Tuesday, August 5th. JPMorgan Chase & Co. reissued a "neutral" rating and issued a $19.00 price objective (down from $22.00) on shares of SentinelOne in a report on Thursday, May 29th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $24.00 target price on shares of SentinelOne in a research note on Friday, May 23rd. Finally, Susquehanna dropped their price target on shares of SentinelOne from $25.00 to $24.00 and set a "positive" rating on the stock in a research note on Thursday, May 29th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $24.80.

SentinelOne Price Performance

Shares of NYSE:S traded up $0.3020 during midday trading on Friday, hitting $16.9420. The company had a trading volume of 5,074,486 shares, compared to its average volume of 5,851,767. SentinelOne, Inc. has a twelve month low of $15.36 and a twelve month high of $29.29. The stock has a market cap of $5.63 billion, a price-to-earnings ratio of -12.83 and a beta of 0.77. The business's 50-day simple moving average is $17.83 and its 200-day simple moving average is $18.84.

SentinelOne (NYSE:S - Get Free Report) last announced its quarterly earnings results on Wednesday, May 28th. The company reported $0.02 earnings per share for the quarter, meeting the consensus estimate of $0.02. SentinelOne had a negative net margin of 49.36% and a negative return on equity of 15.95%. The firm had revenue of $229.03 million for the quarter, compared to analysts' expectations of $228.39 million. The company's revenue was up 22.9% on a year-over-year basis. SentinelOne has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. As a group, sell-side analysts forecast that SentinelOne, Inc. will post -0.76 EPS for the current year.

Insider Activity at SentinelOne

In other SentinelOne news, CAO Robin Tomasello sold 2,921 shares of the business's stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $17.31, for a total value of $50,562.51. Following the sale, the chief accounting officer owned 306,044 shares of the company's stock, valued at $5,297,621.64. The trade was a 0.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Ric Smith sold 27,481 shares of the firm's stock in a transaction on Friday, June 6th. The stock was sold at an average price of $18.28, for a total value of $502,352.68. Following the transaction, the insider owned 1,030,544 shares of the company's stock, valued at approximately $18,838,344.32. This represents a 2.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 133,730 shares of company stock worth $2,366,017. 4.33% of the stock is owned by corporate insiders.

About SentinelOne

SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. Its Singularity Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints, cloud workloads, and identify credentials, which enables seamless and autonomous protection against a spectrum of cyber threats.