Keenan Michael Conder Sells 8,401 Shares of SentinelOne (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S) insider Keenan Michael Conder sold 8,401 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 $131,895.70. Following the transaction, the insider directly owned 982,732 shares of the company’s stock, valued at approximately $15,428,892.40. This represents a 0.85% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Keenan Michael Conder also recently made the following trade(s):

• On Wednesday, May 6th, Keenan Michael Conder sold 4,550 shares of SentinelOne stock. The stock was sold at an average price of $15.65, for a total transaction of $71,207.50.
• On Wednesday, March 25th, Keenan Michael Conder sold 5,578 shares of SentinelOne stock. The shares were sold at an average price of $13.37, for a total transaction of $74,577.86.

SentinelOne Price Performance

S stock traded down $0.46 on Wednesday, hitting $14.78. 6,151,201 shares of the company were exchanged, compared to its average volume of 8,505,000. The stock has a market capitalization of $5.07 billion, a price-to-earnings ratio of -15.39 and a beta of 0.83. SentinelOne, Inc. has a twelve month low of $11.81 and a twelve month high of $21.40. The business’s fifty day moving average is $15.34 and its two-hundred day moving average is $14.73.

SentinelOne (NYSE:S) last announced its quarterly earnings results on Thursday, May 28th. The company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates 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 company had revenue of $276.66 million for the quarter, compared to analyst estimates of $277.32 million. During the same quarter last year, the business earned $0.02 EPS. SentinelOne’s revenue for the quarter was up 20.8% on a year-over-year basis. 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 research analysts expect that SentinelOne, Inc. will post -0.48 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on S shares. Oppenheimer boosted their price objective on shares of SentinelOne from $18.00 to $21.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Piper Sandler lowered their price objective on shares of SentinelOne from $17.00 to $15.00 and set a “neutral” rating for the company in a research note on Friday, March 13th. Scotiabank boosted their price objective on shares of SentinelOne from $15.00 to $16.00 and gave the company a “sector perform” rating in a research note on Friday, May 29th. Barclays lowered their price objective on shares of SentinelOne from $19.00 to $16.00 and set an “equal weight” rating for the company in a research note on Friday, May 29th. Finally, Raymond James Financial cut shares of SentinelOne from a “strong-buy” rating to a “market perform” rating and set a $18.00 price objective for the company. in a research note on Friday, May 29th. Seventeen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, SentinelOne currently has an average rating of “Moderate Buy” and a consensus price target of $19.67.

Hedge Funds Weigh In On SentinelOne

Several hedge funds and other institutional investors have recently made changes to their positions in S. Caprock Group LLC lifted its holdings 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 acquiring an additional 7,423,177 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of SentinelOne by 93.4% during the 4th quarter. AQR Capital Management LLC now owns 8,212,127 shares of the company’s stock valued at $123,182,000 after acquiring an additional 3,965,519 shares in the last quarter. Norges Bank acquired a new position in shares of SentinelOne during the 4th quarter valued at $54,770,000. First Trust Advisors LP lifted its holdings in shares of SentinelOne by 38.1% during the 4th quarter. First Trust Advisors LP now owns 13,146,797 shares of the company’s stock valued at $197,202,000 after acquiring an additional 3,624,707 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. acquired a new position in shares of SentinelOne during the 4th quarter valued at $35,781,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

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.