SentinelOne Sees Unusually Large Options Volume (NYSE:S)

SentinelOne, Inc. (NYSE:S) saw some unusual options trading activity on Friday. Stock traders bought 22,967 call options on the stock. This is an increase of approximately 54% compared to the typical daily volume of 14,948 call options.

SentinelOne Stock Up 2.5%

Shares of SentinelOne stock traded up $0.51 during trading on Friday, reaching $21.27. 2,088,424 shares of the stock were exchanged, compared to its average volume of 7,976,638. The firm has a market cap of $7.29 billion, a price-to-earnings ratio of -22.14 and a beta of 0.79. SentinelOne has a 1 year low of $11.81 and a 1 year high of $21.51. The stock’s fifty day moving average is $17.36 and its 200 day moving average is $15.42.

SentinelOne (NYSE:S) last announced its quarterly earnings results on Thursday, May 28th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.02. The company had revenue of $276.66 million for the quarter, compared to the consensus estimate of $277.31 million. SentinelOne had a negative return on equity of 15.35% and a negative net margin of 30.39%.SentinelOne’s revenue was up 20.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.02 EPS. SentinelOne has set its Q2 2027 guidance at 0.060-0.080 EPS and its FY 2027 guidance at 0.320-0.380 EPS. Equities analysts forecast that SentinelOne will post -0.43 earnings per share for the current year.

Insider Activity at SentinelOne

In other SentinelOne news, CAO Robin Tomasello sold 11,905 shares of the company’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $15.70, for a total transaction of $186,908.50. Following the completion of the sale, the chief accounting officer directly owned 445,330 shares in the company, valued at $6,991,681. This represents a 2.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Ana G. Pinczuk sold 16,042 shares of the firm’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $17.89, for a total value of $286,991.38. Following the transaction, the insider directly owned 743,946 shares in the company, valued at $13,309,193.94. This trade represents a 2.11% 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. Insiders have sold 322,045 shares of company stock worth $5,328,034 in the last 90 days. Corporate insiders own 4.27% of the company’s stock.

Hedge Funds Weigh In On SentinelOne

A number of hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in SentinelOne by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 36,532,555 shares of the company’s stock worth $547,988,000 after purchasing an additional 520,142 shares during the last quarter. Caprock Group LLC increased its position in shares of SentinelOne by 2,275.2% during the 4th quarter. Caprock Group LLC now owns 7,749,446 shares of the company’s stock valued at $116,242,000 after purchasing an additional 7,423,177 shares during the last quarter. Maxi Investments CY Ltd increased its position in shares of SentinelOne by 63.3% during the 4th quarter. Maxi Investments CY Ltd now owns 245,000 shares of the company’s stock valued at $3,675,000 after purchasing an additional 95,000 shares during the last quarter. Swedbank AB lifted its stake in shares of SentinelOne by 8.0% in the 4th quarter. Swedbank AB now owns 3,809,314 shares of the company’s stock worth $57,140,000 after purchasing an additional 280,587 shares during the period. Finally, Diamond Hill Capital Management Inc. bought a new position in shares of SentinelOne in the 4th quarter worth approximately $35,781,000. Institutional investors own 90.87% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on S. Citigroup upgraded SentinelOne from a “neutral” rating to a “buy” rating in a report on Friday, May 29th. Bank of America raised SentinelOne from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $16.00 to $20.00 in a research note on Friday, May 29th. Cantor Fitzgerald boosted their price objective on SentinelOne from $18.00 to $24.00 and gave the company an “overweight” rating in a research report on Wednesday, May 27th. JPMorgan Chase & Co. boosted their price objective on SentinelOne from $16.00 to $20.00 and gave the company a “neutral” rating in a research report on Thursday, May 28th. Finally, Wells Fargo & Company increased their price objective on SentinelOne from $14.00 to $16.00 and gave the company an “equal weight” rating in a research note on Thursday, May 21st. Eighteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $19.93.

About SentinelOne

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.