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

Shares of SentinelOne, Inc. (NYSE:S) have earned a consensus rating of “Hold” from the twenty-four ratings firms that are presently covering the firm, Marketbeat.com reports. Sixteen research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $20.21.

S has been the topic of several research analyst reports. Citigroup upped their price objective on SentinelOne from $15.00 to $18.00 and gave the company a “neutral” rating in a research note on Tuesday, September 19th. DA Davidson upped their price objective on SentinelOne from $13.50 to $16.50 and gave the company a “neutral” rating in a research note on Friday, September 1st. Canaccord Genuity Group restated a “hold” rating and set a $17.00 target price on shares of SentinelOne in a research report on Friday, September 1st. Scotiabank increased their target price on SentinelOne from $15.00 to $16.50 in a research report on Friday, September 1st. Finally, JMP Securities restated a “market outperform” rating and set a $22.00 target price on shares of SentinelOne in a research report on Monday, August 28th.

Insider Activity at SentinelOne

In related news, insider Ric Smith sold 15,621 shares of the business’s stock in a transaction dated Wednesday, September 6th. The stock was sold at an average price of $17.57, for a total transaction of $274,460.97. Following the transaction, the insider now owns 513,072 shares in the company, valued at approximately $9,014,675.04. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, insider Ric Smith sold 15,621 shares of the business’s stock in a transaction dated Wednesday, September 6th. The stock was sold at an average price of $17.57, for a total transaction of $274,460.97. Following the transaction, the insider now owns 513,072 shares in the company, valued at approximately $9,014,675.04. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Tomer Weingarten sold 47,365 shares of SentinelOne stock in a transaction that occurred on Wednesday, November 8th. The shares were sold at an average price of $15.76, for a total value of $746,472.40. Following the sale, the chief executive officer now directly owns 829,013 shares in the company, valued at $13,065,244.88. The disclosure for this sale can be found here. Insiders have sold a total of 270,131 shares of company stock worth $4,444,214 in the last 90 days. Company insiders own 5.93% of the company’s stock.

Institutional Trading of SentinelOne

Several large investors have recently bought and sold shares of S. Householder Group Estate & Retirement Specialist LLC bought a new stake in shares of SentinelOne in the 3rd quarter worth approximately $25,000. CWM LLC boosted its position in shares of SentinelOne by 57.4% in the 2nd quarter. CWM LLC now owns 1,969 shares of the company’s stock worth $30,000 after purchasing an additional 718 shares in the last quarter. International Assets Investment Management LLC bought a new stake in shares of SentinelOne in the 3rd quarter worth approximately $32,000. BOK Financial Private Wealth Inc. bought a new stake in shares of SentinelOne in the 3rd quarter worth approximately $34,000. Finally, Montag A & Associates Inc. boosted its position in shares of SentinelOne by 143.0% in the 3rd quarter. Montag A & Associates Inc. now owns 2,039 shares of the company’s stock worth $34,000 after purchasing an additional 1,200 shares in the last quarter. 71.33% of the stock is owned by institutional investors.

SentinelOne Stock Up 6.7 %

S stock opened at $17.13 on Wednesday. The firm has a market cap of $5.06 billion, a PE ratio of -12.60 and a beta of 0.28. The business has a 50 day moving average of $16.36 and a 200-day moving average of $16.25. SentinelOne has a 12-month low of $12.43 and a 12-month high of $21.95.

SentinelOne (NYSE:S) last released its earnings results on Thursday, August 31st. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.14) by $0.06. The company had revenue of $149.42 million during the quarter, compared to analyst estimates of $140.98 million. SentinelOne had a negative return on equity of 21.47% and a negative net margin of 74.19%. SentinelOne’s quarterly revenue was up 45.8% on a year-over-year basis. During the same period in the prior year, the company posted ($0.32) earnings per share. On average, research analysts expect that SentinelOne will post -1.14 earnings per share for the current year.

About SentinelOne

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