SentinelOne (NYSE:S) Reaches New 1-Year High – Still a Buy?

SentinelOne, Inc. (NYSE:S) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $21.51 and last traded at $21.4760, with a volume of 14716 shares traded. The stock had previously closed at $21.40.

Analysts Set New Price Targets

Several equities research analysts have weighed in on S shares. Wells Fargo & Company raised their price objective on shares of SentinelOne from $14.00 to $16.00 and gave the company an “equal weight” rating in a research report on Thursday, May 21st. Raymond James Financial lowered shares of SentinelOne from a “strong-buy” rating to a “market perform” rating and set a $18.00 target price on the stock. in a research report on Friday, May 29th. Needham & Company LLC increased their price target on shares of SentinelOne from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Friday, May 29th. UBS Group boosted their price objective on shares of SentinelOne from $15.00 to $16.00 and gave the stock a “neutral” rating in a research report on Friday, May 29th. Finally, DA Davidson reduced their price objective on SentinelOne from $18.00 to $15.00 and set a “neutral” rating on the stock in a report on Friday, May 29th. Eighteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $19.93.

SentinelOne Stock Performance

The company has a market cap of $7.71 billion, a price-to-earnings ratio of -23.44 and a beta of 0.79. The firm’s 50-day moving average price is $17.65 and its 200 day moving average price is $15.60.

SentinelOne (NYSE:S) last announced its quarterly earnings data on Thursday, May 28th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.02. SentinelOne had a negative net margin of 30.39% and a negative return on equity of 15.35%. The business had revenue of $276.66 million for the quarter, compared to analyst estimates of $277.31 million. During the same period in the prior year, the business posted $0.02 earnings per share. SentinelOne’s revenue was up 20.8% compared to the same quarter last year. SentinelOne has set its Q2 2027 guidance at 0.060-0.080 EPS and its FY 2027 guidance at 0.320-0.380 EPS. As a group, equities research analysts predict that SentinelOne, Inc. will post -0.44 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Tomer Weingarten sold 57,941 shares of SentinelOne stock in a transaction on Friday, July 31st. The stock was sold at an average price of $18.75, for a total transaction of $1,086,393.75. Following the completion of the sale, the chief executive officer directly owned 1,894,397 shares of the company’s stock, valued at $35,519,943.75. The trade was a 2.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Keenan Michael Conder sold 26,374 shares of the company’s stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $20.08, for a total value of $529,589.92. Following the completion of the sale, the insider owned 956,358 shares of the company’s stock, valued at $19,203,668.64. This represents a 2.68% decrease in their position. 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 sold 423,705 shares of company stock worth $7,369,527 over the last three months. Insiders own 4.27% of the company’s stock.

Institutional Trading of SentinelOne

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Allied Private Wealth LLC acquired a new position in SentinelOne during the second quarter valued at approximately $25,000. Allworth Financial LP raised its holdings in 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 purchasing an additional 726 shares during the period. Danske Bank A S bought a new position in shares of SentinelOne during the third quarter worth $26,000. Assetmark Inc. boosted its position in shares of SentinelOne by 700.8% during the fourth quarter. Assetmark Inc. now owns 1,906 shares of the company’s stock worth $29,000 after purchasing an additional 1,668 shares in the last quarter. Finally, Spurstone Advisory Services LLC grew its holdings in shares of SentinelOne by 66.7% in the 4th quarter. Spurstone Advisory Services LLC now owns 2,500 shares of the company’s stock valued at $38,000 after buying an additional 1,000 shares during the period. 90.87% of the stock is owned by institutional investors.

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.