SentinelOne, Inc. (NYSE:S) Given Average Rating of “Buy” by Analysts

SentinelOne, Inc. (NYSE:SGet Rating) has been assigned an average recommendation of “Buy” from the seventeen brokerages that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $46.27.

S has been the subject of several recent analyst reports. Jefferies Financial Group initiated coverage on shares of SentinelOne in a research report on Monday. They set a “hold” rating and a $40.00 price objective for the company. Loop Capital reduced their price objective on shares of SentinelOne from $65.00 to $45.00 and set a “buy” rating for the company in a research report on Wednesday, March 16th. Citigroup initiated coverage on shares of SentinelOne in a research report on Monday, January 24th. They set a “neutral” rating and a $42.00 price objective for the company. Wells Fargo & Company reduced their price objective on shares of SentinelOne from $60.00 to $38.00 and set an “overweight” rating for the company in a research report on Wednesday, March 16th. Finally, Bank of America cut their target price on shares of SentinelOne from $67.00 to $54.00 and set a “buy” rating on the stock in a report on Wednesday, March 16th.

In other news, CFO David J. Bernhardt sold 4,200 shares of the company’s stock in a transaction on Tuesday, February 8th. The shares were sold at an average price of $43.53, for a total transaction of $182,826.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Tomer Weingarten sold 62,500 shares of the company’s stock in a transaction on Tuesday, February 1st. The stock was sold at an average price of $46.20, for a total transaction of $2,887,500.00. The disclosure for this sale can be found here. Insiders sold a total of 1,684,989 shares of company stock worth $60,291,229 over the last three months.

Several large investors have recently bought and sold shares of the company. Corsicana & Co. purchased a new stake in shares of SentinelOne in the 4th quarter worth about $25,000. Evoke Wealth LLC purchased a new stake in shares of SentinelOne in the 4th quarter worth about $29,000. KRS Capital Management LLC purchased a new stake in shares of SentinelOne in the 4th quarter worth about $35,000. AdvisorNet Financial Inc purchased a new stake in shares of SentinelOne in the 4th quarter worth about $38,000. Finally, Gordian Capital Singapore Pte Ltd purchased a new stake in shares of SentinelOne in the 4th quarter worth about $61,000. 59.88% of the stock is currently owned by institutional investors and hedge funds.

S stock traded up $0.77 during midday trading on Tuesday, reaching $37.89. 45,181 shares of the company were exchanged, compared to its average volume of 4,657,851. SentinelOne has a 1-year low of $29.30 and a 1-year high of $78.53. The company’s 50-day moving average price is $38.66.

SentinelOne (NYSE:SGet Rating) last issued its quarterly earnings data on Tuesday, March 15th. The company reported ($0.27) earnings per share for the quarter, topping the consensus estimate of ($0.28) by $0.01. The business had revenue of $65.60 million during the quarter, compared to the consensus estimate of $60.69 million. SentinelOne had a negative net margin of 132.37% and a negative return on equity of 22.36%. The company’s revenue was up 119.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($1.00) EPS. On average, equities analysts predict that SentinelOne will post -1.14 EPS for the current year.

About SentinelOne (Get Rating)

SentinelOne, Inc operates as a cybersecurity provider in the United States. Its Singularity Platform delivers artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints, and cloud workloads, enabling seamless and automatic protection against a spectrum of cyber threats.

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Analyst Recommendations for SentinelOne (NYSE:S)

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