Diamond Hill Capital Management Inc. Buys New Shares in SentinelOne, Inc. $S

Diamond Hill Capital Management Inc. bought a new stake in SentinelOne, Inc. (NYSE:S) in the fourth quarter, HoldingsChannel reports. The fund bought 2,385,415 shares of the company’s stock, valued at approximately $35,781,000.

A number of other institutional investors have also recently bought and sold shares of S. Caprock Group LLC grew its holdings in SentinelOne by 2,275.2% in the fourth 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 period. Cooper Creek Partners Management LLC purchased a new stake in SentinelOne in the third quarter valued at approximately $41,416,000. Vanguard Group Inc. grew its holdings in SentinelOne by 6.5% in the third quarter. Vanguard Group Inc. now owns 36,012,413 shares of the company’s stock valued at $634,179,000 after purchasing an additional 2,191,321 shares during the period. AQR Capital Management LLC grew its holdings in SentinelOne by 92.6% in the second quarter. AQR Capital Management LLC now owns 4,268,733 shares of the company’s stock valued at $77,264,000 after purchasing an additional 2,051,980 shares during the period. Finally, Marshall Wace LLP grew its holdings in SentinelOne by 526.4% in the third quarter. Marshall Wace LLP now owns 2,269,748 shares of the company’s stock valued at $39,970,000 after purchasing an additional 1,907,376 shares during the period. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Canaccord Genuity Group decreased their price objective on shares of SentinelOne from $23.00 to $17.00 and set a “buy” rating for the company in a research note on Friday, March 13th. Stephens decreased their price objective on shares of SentinelOne from $20.00 to $18.00 and set an “overweight” rating for the company in a research note on Friday, March 13th. DA Davidson decreased their price objective on shares of SentinelOne from $16.00 to $14.00 and set a “neutral” rating for the company in a research note on Thursday, March 5th. Guggenheim reiterated a “buy” rating and set a $24.00 price objective on shares of SentinelOne in a research note on Friday, March 13th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of SentinelOne from $17.00 to $16.00 and set a “neutral” rating for the company in a research note on Friday, March 13th. Sixteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $19.48.

SentinelOne Trading Up 0.8%

NYSE S opened at $18.11 on Friday. The company’s fifty day simple moving average is $14.49 and its 200-day simple moving average is $14.69. SentinelOne, Inc. has a 52 week low of $11.81 and a 52 week high of $21.40. The stock has a market cap of $6.16 billion, a P/E ratio of -13.31 and a beta of 0.78.

SentinelOne (NYSE:S) last posted its earnings results on Thursday, March 12th. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.01. SentinelOne had a negative net margin of 45.02% and a negative return on equity of 15.04%. The business had revenue of $271.15 million for the quarter, compared to analysts’ expectations of $271.18 million. During the same period in the previous year, the company posted $0.04 earnings per share. The business’s revenue for the quarter 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. On average, research analysts expect that SentinelOne, Inc. will post -0.6 EPS for the current fiscal year.

Insider Activity

In other news, CEO Tomer Weingarten sold 231,664 shares of the business’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $15.32, for a total transaction of $3,549,092.48. Following the transaction, the chief executive officer directly owned 2,012,771 shares of the company’s stock, valued at approximately $30,835,651.72. The trade was a 10.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Barry L. Padgett sold 32,221 shares of the business’s stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $13.37, for a total transaction of $430,794.77. Following the transaction, the chief financial officer directly owned 643,650 shares in the company, valued at approximately $8,605,600.50. The trade was a 4.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 527,586 shares of company stock valued at $7,638,793. 4.33% of the stock is currently owned by company insiders.

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.