Connors Investor Services Inc. Invests $2.44 Million in SentinelOne, Inc. $S

Connors Investor Services Inc. purchased a new position in SentinelOne, Inc. (NYSE:S) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 162,890 shares of the company’s stock, valued at approximately $2,443,000.

A number of other institutional investors also recently made changes to their positions in the stock. Daiwa Securities Group Inc. raised its holdings in shares of SentinelOne by 25.2% in the second quarter. Daiwa Securities Group Inc. now owns 3,442 shares of the company’s stock worth $63,000 after acquiring an additional 692 shares during the last quarter. Allworth Financial LP raised its holdings in shares of SentinelOne by 102.4% in the third quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock worth $25,000 after acquiring an additional 726 shares during the last quarter. Diversify Advisory Services LLC raised its holdings in shares of SentinelOne by 3.5% in the fourth quarter. Diversify Advisory Services LLC now owns 22,492 shares of the company’s stock worth $313,000 after acquiring an additional 753 shares during the last quarter. MAI Capital Management grew its position in shares of SentinelOne by 121.2% in the third quarter. MAI Capital Management now owns 1,825 shares of the company’s stock valued at $32,000 after purchasing an additional 1,000 shares during the period. Finally, Spurstone Advisory Services LLC grew its position in shares of SentinelOne by 66.7% in the fourth quarter. Spurstone Advisory Services LLC now owns 2,500 shares of the company’s stock valued at $38,000 after purchasing an additional 1,000 shares during the period. 90.87% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Tomer Weingarten sold 21,960 shares of the company’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $15.65, for a total value of $343,674.00. Following the completion of the sale, the chief executive officer owned 1,990,811 shares of the company’s stock, valued at $31,156,192.15. This represents a 1.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 company’s stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $13.41, for a total value of $215,123.22. Following the completion of the sale, the insider directly owned 587,608 shares of the company’s stock, valued at $7,879,823.28. The trade was a 2.66% 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. Over the last three months, insiders have sold 527,586 shares of company stock valued at $7,638,793. 4.33% of the stock is owned by insiders.

SentinelOne Trading Up 3.3%

S stock opened at $18.71 on Friday. The stock has a 50-day moving average price of $14.58 and a two-hundred day moving average price of $14.72. SentinelOne, Inc. has a 12-month low of $11.81 and a 12-month high of $21.40. The company has a market cap of $6.36 billion, a PE ratio of -13.75 and a beta of 0.78.

SentinelOne (NYSE:S) last posted its quarterly earnings results on Thursday, March 12th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. SentinelOne had a negative return on equity of 15.04% and a negative net margin of 45.02%.The firm had revenue of $271.15 million during the quarter, compared to the consensus estimate of $271.18 million. During the same quarter in the previous year, the business earned $0.04 earnings per share. The firm’s quarterly revenue was up 20.3% compared to the same quarter last year. SentinelOne has set its FY 2027 guidance at 0.320-0.380 EPS and its Q1 2027 guidance at 0.010-0.020 EPS. Equities analysts forecast that SentinelOne, Inc. will post -0.6 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently commented on S. JPMorgan Chase & Co. lowered their price objective on SentinelOne from $17.00 to $16.00 and set a “neutral” rating for the company in a research report on Friday, March 13th. Piper Sandler lowered their price objective on SentinelOne from $17.00 to $15.00 and set a “neutral” rating for the company in a research report on Friday, March 13th. Oppenheimer lifted their price objective on SentinelOne from $18.00 to $21.00 and gave the company an “outperform” rating in a research report on Thursday. Scotiabank lowered their price objective on SentinelOne from $17.00 to $15.00 and set a “sector perform” rating for the company in a research report on Friday, March 13th. Finally, Canaccord Genuity Group lowered their price objective on SentinelOne from $23.00 to $17.00 and set a “buy” rating for the company in a research report on Friday, March 13th. Sixteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $19.48.

SentinelOne 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.