Balboa Wealth Partners Trims Stake in SentinelOne, Inc. $S

Balboa Wealth Partners lessened its stake in shares of SentinelOne, Inc. (NYSE:S) by 76.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 13,527 shares of the company’s stock after selling 43,860 shares during the quarter. Balboa Wealth Partners’ holdings in SentinelOne were worth $203,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in shares of SentinelOne by 6.5% in the third quarter. Vanguard Group Inc. now owns 36,012,413 shares of the company’s stock worth $634,179,000 after acquiring an additional 2,191,321 shares during the last quarter. Legal & General Group Plc increased its position in SentinelOne by 16.0% during the 3rd quarter. Legal & General Group Plc now owns 8,205,864 shares of the company’s stock worth $144,505,000 after purchasing an additional 1,132,121 shares in the last quarter. Eminence Capital LP raised its stake in SentinelOne by 24.9% in the 2nd quarter. Eminence Capital LP now owns 7,068,308 shares of the company’s stock valued at $129,209,000 after purchasing an additional 1,407,764 shares during the last quarter. State Street Corp lifted its holdings in SentinelOne by 4.7% in the 2nd quarter. State Street Corp now owns 5,615,912 shares of the company’s stock valued at $102,659,000 after purchasing an additional 251,076 shares in the last quarter. Finally, Champlain Investment Partners LLC lifted its holdings in SentinelOne by 5.9% in the 3rd quarter. Champlain Investment Partners LLC now owns 5,227,040 shares of the company’s stock valued at $92,048,000 after purchasing an additional 291,974 shares in the last quarter. Hedge funds and other institutional investors own 90.87% of the company’s stock.

SentinelOne Trading Down 0.0%

Shares of S opened at $13.33 on Friday. SentinelOne, Inc. has a twelve month low of $12.15 and a twelve month high of $21.40. The firm has a market capitalization of $4.53 billion, a P/E ratio of -9.80 and a beta of 0.75. The stock’s fifty day simple moving average is $13.65 and its 200 day simple moving average is $15.33.

SentinelOne (NYSE:S) last announced its quarterly earnings results on Thursday, March 12th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.06 by $0.01. The company had revenue of $271.15 million during the quarter, compared to analyst estimates of $271.18 million. SentinelOne had a negative return on equity of 15.04% and a negative net margin of 45.02%.The firm’s revenue was up 20.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.04 earnings per share. SentinelOne has set its FY 2027 guidance at 0.320-0.380 EPS and its Q1 2027 guidance at 0.010-0.020 EPS. Sell-side analysts predict that SentinelOne, Inc. will post -0.76 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently commented on S. UBS Group lowered their price target on shares of SentinelOne from $17.00 to $15.00 and set a “neutral” rating for the company in a report on Friday, March 13th. Canaccord Genuity Group reduced their price objective on shares of SentinelOne from $23.00 to $17.00 and set a “buy” rating on the stock in a research note on Friday, March 13th. JPMorgan Chase & Co. decreased their target price on shares of SentinelOne from $17.00 to $16.00 and set a “neutral” rating on the stock in a research report on Friday, March 13th. Oppenheimer lowered their target price on shares of SentinelOne from $20.00 to $18.00 and set an “outperform” rating for the company in a research note on Friday, March 13th. Finally, DA Davidson cut their price target on SentinelOne from $16.00 to $14.00 and set a “neutral” rating for the company in a report on Thursday, March 5th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $19.43.

Insider Activity

In related news, insider Keenan Michael Conder sold 5,578 shares of the stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $13.37, for a total transaction of $74,577.86. Following the completion of the sale, the insider owned 574,395 shares of the company’s stock, valued at approximately $7,679,661.15. This represents a 0.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Tomer Weingarten sold 72,523 shares of the firm’s stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $13.37, for a total transaction of $969,632.51. Following the completion of the transaction, the chief executive officer owned 1,076,575 shares in the company, valued at $14,393,807.75. The trade was a 6.31% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 379,766 shares of company stock worth $5,264,650. Insiders own 4.33% of the company’s stock.

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.