SentinelOne, Inc. $S Shares Sold by AXQ Capital LP

Key Points

• AXQ Capital reduced its SentinelOne stake by 30.6% in the second quarter, selling 64,540 shares and retaining 146,096 shares valued at approximately $2.48 million. Institutional investors collectively own 90.87% of the company.
• SentinelOne reported quarterly EPS of $0.08, beating estimates by $0.01, while revenue rose 20.6% year over year to $291.98 million. Despite the improved results, the company posted a negative net margin of 30.95%.
• Analyst sentiment remains favorable, with 17 Buy ratings, 11 Holds and one Sell rating, producing a consensus “Moderate Buy” rating and an average price target of $23.33 versus the stock’s $19.81 opening price.

AXQ Capital LP lessened its holdings in SentinelOne, Inc. (NYSE:S - Free Report) by 30.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 146,096 shares of the company's stock after selling 64,540 shares during the quarter. AXQ Capital LP's holdings in SentinelOne were worth $2,479,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AQR Capital Management LLC increased its position in shares of SentinelOne by 93.4% in the fourth quarter. AQR Capital Management LLC now owns 8,212,127 shares of the company's stock valued at $123,182,000 after buying an additional 3,965,519 shares in the last quarter. Norges Bank acquired a new position in shares of SentinelOne during the 4th quarter worth approximately $54,770,000. First Trust Advisors LP lifted its stake in SentinelOne by 38.1% in the 4th quarter. First Trust Advisors LP now owns 13,146,797 shares of the company's stock valued at $197,202,000 after buying an additional 3,624,707 shares in the last quarter. Diamond Hill Capital Management LLC Investment Advisor purchased a new stake in SentinelOne in the 2nd quarter valued at approximately $59,607,000. Finally, Wellington Management Group LLP grew its holdings in SentinelOne by 216.0% during the 2nd quarter. Wellington Management Group LLP now owns 5,015,311 shares of the company's stock valued at $85,110,000 after buying an additional 3,428,192 shares during the last quarter. Institutional investors and hedge funds own 90.87% of the company's stock.

Insider Activity at SentinelOne

In other SentinelOne news, COO Barry L. Padgett sold 15,460 shares of the firm's stock in a transaction on Monday, July 6th. The shares were sold at an average price of $17.89, for a total transaction of $276,579.40. Following the completion of the transaction, the chief operating officer directly owned 987,208 shares of the company's stock, valued at $17,661,151.12. This trade represents a 1.54% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Robin Tomasello sold 11,905 shares of the business's stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $15.70, for a total value of $186,908.50. Following the completion of the sale, the chief accounting officer directly owned 445,330 shares of the company's stock, valued at approximately $6,991,681. This represents a 2.60% decrease in their ownership of the stock. 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. In the last 90 days, insiders sold 423,705 shares of company stock worth $7,369,527. 4.27% of the stock is currently owned by insiders.

SentinelOne Stock Performance

S opened at $19.81 on Friday. SentinelOne, Inc. has a 1 year low of $11.81 and a 1 year high of $23.95. The firm has a 50 day moving average price of $19.77 and a 200 day moving average price of $16.51. The company has a market cap of $6.79 billion, a PE ratio of -19.61 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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.07 by $0.01. The business had revenue of $291.98 million during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter last year, the firm 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. On average, sell-side analysts predict that SentinelOne, Inc. will post -0.45 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Jefferies Financial Group set a $26.00 price objective on SentinelOne in a research report on Friday, August 28th. The Goldman Sachs Group lifted their price objective on SentinelOne from $15.50 to $17.50 and gave the stock a "neutral" rating in a research report on Monday. Wedbush reissued an "outperform" rating and issued a $20.00 target price on shares of SentinelOne in a research note on Friday, May 29th. Barclays upped their target price on shares of SentinelOne from $22.00 to $23.00 and gave the company an "equal weight" rating in a report on Friday, August 28th. Finally, Cantor Fitzgerald reiterated an "overweight" rating and set a $26.00 price target on shares of SentinelOne in a report on Friday, August 28th. Seventeen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $23.33.

SentinelOne 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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