Bank of Nova Scotia Boosts Position in SentinelOne, Inc. $S

Bank of Nova Scotia raised its position in SentinelOne, Inc. (NYSE:S) by 148.1% during the 1st quarter, Holdings Channel reports. The firm owned 866,200 shares of the company’s stock after acquiring an additional 517,100 shares during the quarter. Bank of Nova Scotia’s holdings in SentinelOne were worth $11,157,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of SentinelOne by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 36,532,555 shares of the company’s stock valued at $547,988,000 after purchasing an additional 520,142 shares in the last quarter. Caprock Group LLC raised its position 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 worth $116,242,000 after purchasing an additional 7,423,177 shares during the last quarter. Maxi Investments CY Ltd lifted its stake in SentinelOne by 63.3% in the 4th quarter. Maxi Investments CY Ltd now owns 245,000 shares of the company’s stock valued at $3,675,000 after buying an additional 95,000 shares in the last quarter. SG Americas Securities LLC lifted its stake in SentinelOne by 830.7% in the 4th quarter. SG Americas Securities LLC now owns 338,042 shares of the company’s stock valued at $5,071,000 after buying an additional 301,719 shares in the last quarter. Finally, Swedbank AB grew its holdings in SentinelOne by 8.0% during the 4th quarter. Swedbank AB now owns 3,809,314 shares of the company’s stock valued at $57,140,000 after buying an additional 280,587 shares during the last quarter. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on S. Wells Fargo & Company raised their price target on SentinelOne from $14.00 to $16.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 21st. Citigroup raised shares of SentinelOne from a “neutral” rating to a “buy” rating in a research report on Friday, May 29th. Wedbush reissued an “outperform” rating and set a $20.00 price objective on shares of SentinelOne in a research note on Friday, May 29th. Rosenblatt Securities reissued a “buy” rating and set a $20.00 price objective on shares of SentinelOne in a research note on Wednesday, July 1st. Finally, TD Cowen reiterated a “buy” rating on shares of SentinelOne in a report on Friday, May 29th. Eighteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $19.93.

Insider Buying and Selling

In related news, CEO Tomer Weingarten sold 57,941 shares of SentinelOne stock in a transaction on 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 owned 1,894,397 shares in the company, valued at approximately $33,549,770.87. The trade was a 2.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Barry L. Padgett sold 15,460 shares of the company’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $17.89, for a total transaction of $276,579.40. Following the sale, the chief operating officer directly owned 987,208 shares of the company’s stock, valued at approximately $17,661,151.12. This trade represents a 1.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 524,837 shares of company stock valued at $8,245,598. 4.27% of the stock is owned by corporate insiders.

SentinelOne Price Performance

SentinelOne stock opened at $18.12 on Monday. The company has a market cap of $6.21 billion, a price-to-earnings 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. The stock’s 50-day moving average is $17.12 and its 200-day moving average is $15.13.

SentinelOne (NYSE:S) last issued its earnings results on Thursday, May 28th. The company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.02. The business had revenue of $276.66 million during the quarter, compared to analysts’ expectations of $277.31 million. SentinelOne had a negative return on equity of 15.35% and a negative net margin of 30.39%.The company’s revenue for the quarter was up 20.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.02 EPS. SentinelOne has set its Q2 2027 guidance at 0.060-0.080 EPS and its FY 2027 guidance at 0.320-0.380 EPS. Research analysts anticipate that SentinelOne, Inc. will post -0.43 EPS for the current year.

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.