Curated Wealth Partners LLC purchased a new stake in SentinelOne, Inc. (NYSE:S – Free Report) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 28,159 shares of the company’s stock, valued at approximately $669,000.
Several other institutional investors have also made changes to their positions in the stock. Diamond Hill Capital Management LLC Investment Advisor acquired a new stake in SentinelOne during the second quarter worth about $59,607,000. Wellington Management Group LLP lifted its holdings in shares of 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. Segall Bryant & Hamill LLC bought a new stake in shares of SentinelOne during the 1st quarter valued at approximately $17,434,000. Squarepoint Ops LLC boosted its position in SentinelOne by 1,427.5% in the second quarter. Squarepoint Ops LLC now owns 856,528 shares of the company’s stock valued at $14,535,000 after buying an additional 800,455 shares in the last quarter. Finally, Bank of Nova Scotia grew its stake in shares of SentinelOne by 148.1% during the first quarter. Bank of Nova Scotia now owns 866,200 shares of the company’s stock worth $11,157,000 after buying an additional 517,100 shares during the last quarter. 90.87% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on S shares. Jefferies Financial Group set a $26.00 target price on shares of SentinelOne in a report on Friday, August 28th. Weiss Ratings raised shares of SentinelOne from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, July 21st. UBS Group boosted their target price on shares of SentinelOne from $16.00 to $24.00 and gave the company a “neutral” rating in a report on Friday, August 28th. FBN Securities downgraded SentinelOne from an “outperform” rating to a “sector perform” rating and set a $24.00 target price for the company. in a report on Tuesday, October 6th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $25.00 price target on shares of SentinelOne in a research note on Friday, August 28th. Seventeen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, SentinelOne has a consensus rating of “Moderate Buy” and a consensus price target of $24.05.
Check Out Our Latest Report on SentinelOne
Insiders Place Their Bets
In other SentinelOne news, CEO Tomer Weingarten sold 527,368 shares of the company’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $25.26, for a total value of $13,321,315.68. Following the completion of the transaction, the chief executive officer directly owned 1,717,510 shares in the company, valued at approximately $43,384,302.60. This represents a 23.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ana Pinczuk sold 16,042 shares of the stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $25.33, for a total value of $406,343.86. Following the completion of the transaction, the insider directly owned 721,674 shares of the company’s stock, valued at $18,280,002.42. This represents a 2.17% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 915,183 shares of company stock valued at $21,151,124 over the last quarter. 4.27% of the stock is owned by company insiders.
SentinelOne Stock Up 2.5%
Shares of NYSE:S opened at $23.39 on Friday. The company has a 50-day moving average price of $22.52 and a two-hundred day moving average price of $18.52. SentinelOne, Inc. has a twelve month low of $11.81 and a twelve month high of $26.50. The firm has a market capitalization of $8.14 billion, a PE ratio of -23.16 and a beta of 0.70.
SentinelOne (NYSE:S – Get Free Report) last released its quarterly earnings results on Thursday, August 27th. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.01. The firm had revenue of $291.98 million for 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 business’s quarterly revenue was up 20.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($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. Analysts anticipate that SentinelOne, Inc. will post -0.46 earnings per share for the current fiscal year.
SentinelOne Company Profile
SentinelOne, Inc (NYSE:S) is a cybersecurity company that develops artificial intelligence-powered software to help organizations prevent, detect, investigate and respond to cyber threats. Its Singularity Platform is designed to protect enterprise endpoints, cloud workloads, identities and other connected assets across an organization’s technology environment.
The company’s offerings include endpoint protection and detection and response, cloud security, identity security, security operations tools and data management capabilities.
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