SentinelOne (NYSE:S) Stock: Insider Keenan Michael Conder Sells 25,530 Shares

Key Points

• SentinelOne insider Keenan Michael Conder sold 25,530 shares for about $559,362 at an average price of $21.91 to cover tax withholding on vested equity awards. He retained 922,516 shares after the sale.
• SentinelOne reported quarterly EPS of $0.08, topping the $0.07 consensus, while revenue of $291.98 million rose 20.6% year over year.
• Analysts’ consensus rating is “Moderate Buy”, with an average price target of $24.61; 18 analysts rate the stock Buy, 13 Hold, and one Sell.

SentinelOne, Inc. (NYSE:S - Get Free Report) insider Keenan Conder sold 25,530 shares of the business's stock in a transaction on Friday, November 6th. The shares were sold at an average price of $21.91, for a total value of $559,362.30. Following the completion of the sale, the insider owned 922,516 shares in the company, valued at $20,212,325.56. This represents a 2.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Keenan Michael Conder also recently made the following trade(s):

• On Tuesday, September 8th, Keenan Conder sold 8,312 shares of SentinelOne stock. The stock was sold at an average price of $19.79, for a total value of $164,494.48.

SentinelOne Trading Down 0.3%

SentinelOne stock traded down $0.06 during midday trading on Tuesday, reaching $23.46. 10,351,957 shares of the stock traded hands, compared to its average volume of 12,558,627. The company has a 50-day simple moving average of $23.15 and a two-hundred day simple moving average of $17.92. SentinelOne, Inc. has a 12-month low of $11.81 and a 12-month high of $26.50. The firm has a market cap of $8.17 billion, a PE ratio of -23.23 and a beta of 0.59.

SentinelOne (NYSE:S - Get Free Report) last released its earnings results on Thursday, August 27th. The company reported $0.08 earnings per share 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 the consensus estimate of $290.24 million. SentinelOne had a negative return on equity of 15.73% and a negative net margin of 30.95%. SentinelOne's revenue was up 20.6% compared to the same quarter last year. During the same period in the previous 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. Equities research analysts anticipate that SentinelOne, Inc. will post -0.47 earnings per share for the current year.

Hedge Funds Weigh In On SentinelOne

Institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE increased its stake in shares of SentinelOne by 17.6% during the first quarter. Bank of America Corp DE now owns 2,519,928 shares of the company's stock worth $32,457,000 after buying an additional 377,542 shares during the period. Wellington Management Group LLP lifted its stake in SentinelOne by 216.0% in the second quarter. Wellington Management Group LLP now owns 5,015,311 shares of the company's stock worth $85,110,000 after acquiring an additional 3,428,192 shares during the last quarter. California State Teachers Retirement System lifted its stake in SentinelOne by 23.2% in the first quarter. California State Teachers Retirement System now owns 358,173 shares of the company's stock worth $4,613,000 after acquiring an additional 67,373 shares during the last quarter. Moody National Bank Trust Division grew its holdings in SentinelOne by 72.2% during the 2nd quarter. Moody National Bank Trust Division now owns 136,518 shares of the company's stock worth $2,317,000 after acquiring an additional 57,261 shares in the last quarter. Finally, Squarepoint Ops LLC grew its holdings in SentinelOne by 1,427.5% during the 2nd quarter. Squarepoint Ops LLC now owns 856,528 shares of the company's stock worth $14,535,000 after acquiring an additional 800,455 shares in the last quarter. 90.87% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Susquehanna restated a "positive" rating on shares of SentinelOne in a report on Thursday, October 22nd. The Goldman Sachs Group raised their price target on shares of SentinelOne from $15.50 to $17.50 and gave the company a "neutral" rating in a research report on Monday, August 31st. Citizens Jmp boosted their price target on shares of SentinelOne from $23.00 to $25.00 and gave the stock a "market outperform" rating in a research note on Friday, August 28th. UBS Group boosted their price target on shares of SentinelOne from $16.00 to $24.00 and gave the stock a "neutral" rating in a research note on Friday, August 28th. Finally, Needham & Company LLC upped their price objective on SentinelOne from $26.00 to $31.00 and gave the stock a "buy" rating in a research report on Tuesday, October 13th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, SentinelOne currently has an average rating of "Moderate Buy" and a consensus price target of $24.61.

About SentinelOne

SentinelOne, Inc. is a cybersecurity company that develops software to help organizations detect, prevent and respond to cyber threats. Its Singularity platform uses artificial intelligence and automation to protect endpoints, cloud workloads and identities, and to support security operations. The platform includes endpoint protection and detection, cloud security, threat hunting and incident response capabilities. SentinelOne also offers security information and event management tools and Purple AI, which helps security teams investigate threats using natural-language queries.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.