SentinelOne (NYSE:S) Trading Down 5.7% - Should You Sell?

Key Points

• SentinelOne shares fell 5.7% to about $20.84, with trading volume substantially below the stock’s average daily level.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $23.33; 17 analysts rate the stock a Buy, 11 a Hold and one a Sell.
• The company modestly exceeded quarterly earnings and revenue expectations, reporting adjusted EPS of $0.08 and revenue of $291.98 million, up 20.6% year over year. However, SentinelOne remains unprofitable, with a negative net margin of 30.95%, while insiders have sold $7.37 million of shares over the past 90 days.

Shares of SentinelOne, Inc. (NYSE:S - Get Free Report) fell 5.7% on Tuesday . The company traded as low as $20.92 and last traded at $20.8420. Approximately 1,290,280 shares were traded during mid-day trading, a decline of 84% from the average daily volume of 7,997,392 shares. The stock had previously closed at $22.10.

Analysts Set New Price Targets

S has been the subject of several research reports. Bank of America raised shares of SentinelOne from a "neutral" rating to a "buy" rating and upped their price target for the company from $16.00 to $20.00 in a research report on Friday, May 29th. Wells Fargo & Company boosted their target price on shares of SentinelOne from $16.00 to $22.00 and gave the company an "equal weight" rating in a research report on Monday, August 17th. Raymond James Financial cut shares of SentinelOne from a "strong-buy" rating to a "market perform" rating and set a $18.00 target price for the company. in a report on Friday, May 29th. Citizens Jmp increased their price target on shares of SentinelOne from $23.00 to $25.00 and gave the stock a "market outperform" rating in a research report on Friday. Finally, Morgan Stanley lifted their price target on shares of SentinelOne from $17.00 to $23.00 and gave the stock an "equal weight" rating in a research note on Friday. Seventeen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $23.33.

SentinelOne Stock Performance

The stock has a market capitalization of $7.08 billion, a PE ratio of -20.46 and a beta of 0.79. The stock has a 50-day moving average price of $19.48 and a two-hundred day moving average price of $16.37.

SentinelOne (NYSE:S - Get Free Report) last released its earnings results on Thursday, August 27th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.01. SentinelOne had a negative net margin of 30.95% and a negative return on equity of 15.66%. The company had revenue of $291.98 million during the quarter, compared to analyst estimates of $290.24 million. During the same period in the prior year, the firm posted ($0.22) EPS. The firm's quarterly revenue was up 20.6% compared to the same quarter last year. SentinelOne has set its FY 2027 guidance at 0.300-0.320 EPS and its Q3 2027 guidance at 0.080-0.090 EPS. As a group, equities analysts predict that SentinelOne, Inc. will post -0.44 earnings per share for the current year.

Insider Activity

In other SentinelOne news, COO Barry L. Padgett sold 9,778 shares of the stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $20.09, for a total value of $196,440.02. Following the completion of the sale, the chief operating officer owned 977,430 shares in the company, valued at approximately $19,636,568.70. This represents a 0.99% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Ana G. Pinczuk sold 6,230 shares of the firm's stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $20.09, for a total value of $125,160.70. Following the sale, the insider directly owned 737,716 shares in the company, valued at approximately $14,820,714.44. This represents a 0.84% 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. Over the last ninety days, insiders sold 423,705 shares of company stock worth $7,369,527. 4.27% of the stock is currently owned by insiders.

Hedge Funds Weigh In On SentinelOne

Hedge funds have recently made changes to their positions in the business. Allied Private Wealth LLC bought a new stake in shares of SentinelOne during the second quarter valued at approximately $25,000. Allworth Financial LP lifted its holdings in shares of SentinelOne by 102.4% in the 3rd quarter. Allworth Financial LP now owns 1,435 shares of the company's stock valued at $25,000 after acquiring an additional 726 shares during the last quarter. Danske Bank A S purchased a new position in shares of SentinelOne in the 3rd quarter worth approximately $26,000. EFG International AG purchased a new position in SentinelOne during the fourth quarter worth $41,000. Finally, Root Financial Partners LLC grew its holdings in SentinelOne by 4,582.8% during the 1st quarter. Root Financial Partners LLC now owns 4,355 shares of the company's stock valued at $56,000 after purchasing an additional 4,262 shares during the last quarter. Institutional investors own 90.87% 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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