Squarepoint Ops LLC Grows Stock Position in SentinelOne, Inc. $S

Squarepoint Ops LLC boosted its holdings in SentinelOne, Inc. (NYSE:S - Free Report) by 1,427.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 856,528 shares of the company's stock after acquiring an additional 800,455 shares during the period. Squarepoint Ops LLC owned 0.25% of SentinelOne worth $14,535,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in S. Bank of America Corp DE raised its holdings in SentinelOne by 17.6% in the 1st quarter. Bank of America Corp DE now owns 2,519,928 shares of the company's stock valued at $32,457,000 after buying an additional 377,542 shares during the period. Diamond Hill Capital Management Inc. purchased a new position in SentinelOne during the fourth quarter worth about $35,781,000. Swedbank AB increased its position in shares of SentinelOne by 8.0% during the fourth quarter. Swedbank AB now owns 3,809,314 shares of the company's stock valued at $57,140,000 after acquiring an additional 280,587 shares during the last quarter. ING Groep NV acquired a new stake in shares of SentinelOne during the fourth quarter valued at about $5,202,000. Finally, California State Teachers Retirement System raised its stake in shares of SentinelOne by 23.2% in the 1st quarter. California State Teachers Retirement System now owns 358,173 shares of the company's stock valued at $4,613,000 after acquiring an additional 67,373 shares during the period. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently commented on S. Sanford C. Bernstein upped their price objective on shares of SentinelOne from $19.00 to $21.00 and gave the stock an "outperform" rating in a report on Friday, August 28th. Barclays lifted 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. Cantor Fitzgerald reissued an "overweight" rating and issued a $26.00 target price on shares of SentinelOne in a research report on Friday, August 28th. Deutsche Bank Aktiengesellschaft set a $24.00 price target on SentinelOne in a research note on Monday, August 17th. Finally, Scotiabank reaffirmed an "outperform" rating on shares of SentinelOne in a research note on Friday, August 28th. Seventeen equities research 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's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $23.33.

Insider Transactions at SentinelOne

In related news, insider Ana Pinczuk sold 16,042 shares of the business's stock in a transaction on Monday, July 6th. The stock was sold at an average price of $17.89, for a total transaction of $286,991.38. Following the completion of the transaction, the insider directly owned 743,946 shares of the company's stock, valued at $13,309,193.94. The trade was a 2.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Barry Padgett sold 15,460 shares of the company's stock in a transaction dated 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 trade represents a 1.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 375,496 shares of company stock valued at $6,952,135 in the last 90 days. Insiders own 4.27% of the company's stock.

SentinelOne Stock Up 0.1%

Shares of S opened at $19.46 on Thursday. The company has a market cap of $6.77 billion, a P/E ratio of -19.26 and a beta of 0.77. SentinelOne, Inc. has a fifty-two week low of $11.81 and a fifty-two week high of $23.95. The firm's 50 day moving average price is $20.00 and its 200 day moving average price is $16.68.

SentinelOne (NYSE:S - Get Free Report) last issued its quarterly earnings results on Thursday, August 27th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.07 by $0.01. The company had revenue of $291.98 million during the quarter, compared to analysts' expectations of $290.24 million. SentinelOne had a negative net margin of 30.95% and a negative return on equity of 15.73%. The firm's revenue was up 20.6% compared to the same quarter last year. During the same quarter last year, the company posted ($0.22) EPS. SentinelOne has set its FY 2027 guidance at 0.300-0.320 EPS and its Q3 2027 guidance at 0.080-0.090 EPS. Research analysts forecast that SentinelOne, Inc. will post -0.45 earnings per share for the current year.

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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