Bessemer Group Inc. Reduces Stake in SentinelOne, Inc. $S

Bessemer Group Inc. reduced its stake in shares of SentinelOne, Inc. (NYSE:S) by 70.0% during the 1st quarter, HoldingsChannel reports. The fund owned 26,430 shares of the company’s stock after selling 61,758 shares during the period. Bessemer Group Inc.’s holdings in SentinelOne were worth $340,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Allworth Financial LP lifted its stake in shares of SentinelOne by 102.4% in the 3rd quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock valued at $25,000 after purchasing an additional 726 shares during the last quarter. Danske Bank A S bought a new position in shares of SentinelOne during the 3rd quarter valued at approximately $26,000. Assetmark Inc. raised its holdings in SentinelOne by 700.8% during the 4th quarter. Assetmark Inc. now owns 1,906 shares of the company’s stock valued at $29,000 after buying an additional 1,668 shares during the period. Spurstone Advisory Services LLC raised its holdings in SentinelOne by 66.7% during 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. Finally, EFG International AG purchased a new stake in SentinelOne during the 4th quarter valued at $41,000. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

SentinelOne Trading Up 4.2%

NYSE S opened at $18.12 on Friday. The company’s 50-day moving average price is $17.12 and its 200-day moving average price is $15.13. The stock has a market cap of $6.21 billion, a PE ratio of -18.87 and a beta of 0.82. SentinelOne, Inc. has a 12 month low of $11.81 and a 12 month high of $20.71.

SentinelOne (NYSE:S) last posted its quarterly earnings results 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 firm had revenue of $276.66 million during the quarter, compared to the consensus estimate of $277.31 million. During the same quarter in the previous year, the firm posted $0.02 earnings per share. The company’s revenue 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. As a group, sell-side analysts forecast that SentinelOne, Inc. will post -0.43 earnings per share for the current year.

Insider Buying and Selling at SentinelOne

In other SentinelOne news, CEO Tomer Weingarten sold 57,941 shares of the stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $17.71, for a total transaction of $1,026,135.11. Following the transaction, the chief executive officer directly owned 1,894,397 shares in the company, valued at $33,549,770.87. This represents a 2.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ana G. Pinczuk sold 16,042 shares of the firm’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $17.89, for a total transaction of $286,991.38. Following the transaction, the insider directly owned 743,946 shares in the company, valued at $13,309,193.94. This trade represents a 2.11% 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 a total of 524,837 shares of company stock worth $8,245,598 over the last quarter. Insiders own 4.27% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Scotiabank upgraded shares of SentinelOne from a “sector perform” rating to a “sector outperform” rating and raised their target price for the stock from $16.00 to $23.50 in a report on Monday, July 6th. Cantor Fitzgerald upped their price target on shares of SentinelOne from $18.00 to $24.00 and gave the company an “overweight” rating in a report on Wednesday, May 27th. Raymond James Financial lowered shares of SentinelOne from a “strong-buy” rating to a “market perform” rating and set a $18.00 price objective on the stock. in a research report on Friday, May 29th. Needham & Company LLC raised their price objective on shares of SentinelOne from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Finally, TD Cowen restated a “buy” rating on shares of SentinelOne in a research report on Friday, May 29th. Eighteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $19.93.

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.