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

Shares of SentinelOne, Inc. (NYSE:S) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-four research firms that are currently covering the company, Marketbeat Ratings reports. Twelve equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokers that have covered the stock in the last year is $26.08.

A number of research firms have weighed in on S. Morgan Stanley upped their target price on SentinelOne from $27.00 to $29.00 and gave the stock an “overweight” rating in a report on Thursday, March 14th. StockNews.com raised SentinelOne to a “sell” rating in a research report on Friday, January 12th. JMP Securities reiterated a “market outperform” rating and issued a $33.00 target price on shares of SentinelOne in a report on Monday, April 1st. DA Davidson increased their price target on shares of SentinelOne from $22.00 to $24.00 and gave the company a “neutral” rating in a research report on Thursday, March 14th. Finally, Guggenheim lifted their price objective on shares of SentinelOne from $26.00 to $32.00 and gave the stock a “buy” rating in a research report on Wednesday, February 21st.

Insider Activity at SentinelOne

In related news, CEO Tomer Weingarten sold 47,365 shares of the company’s stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $28.97, for a total transaction of $1,372,164.05. Following the completion of the transaction, the chief executive officer now owns 787,474 shares in the company, valued at approximately $22,813,121.78. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, CEO Tomer Weingarten sold 47,365 shares of the business’s stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $28.97, for a total transaction of $1,372,164.05. Following the completion of the sale, the chief executive officer now directly owns 787,474 shares in the company, valued at $22,813,121.78. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark S. Peek acquired 10,000 shares of the firm’s stock in a transaction on Wednesday, April 3rd. The stock was purchased at an average price of $22.36 per share, for a total transaction of $223,600.00. Following the acquisition, the director now directly owns 80,000 shares in the company, valued at approximately $1,788,800. The disclosure for this purchase can be found here. In the last quarter, insiders have sold 281,830 shares of company stock valued at $7,301,802. 5.93% of the stock is owned by company insiders.

Institutional Trading of SentinelOne

Large investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in shares of SentinelOne by 2.0% during the 3rd quarter. Vanguard Group Inc. now owns 22,982,235 shares of the company’s stock worth $387,480,000 after purchasing an additional 442,593 shares during the last quarter. Caprock Group LLC boosted its stake in SentinelOne by 96.5% during the fourth quarter. Caprock Group LLC now owns 193,891 shares of the company’s stock worth $5,320,000 after buying an additional 95,206 shares during the last quarter. Legato Capital Management LLC grew its holdings in SentinelOne by 79.7% in the 4th quarter. Legato Capital Management LLC now owns 27,976 shares of the company’s stock valued at $768,000 after buying an additional 12,407 shares in the last quarter. Stifel Financial Corp increased its stake in shares of SentinelOne by 29.1% in the 3rd quarter. Stifel Financial Corp now owns 329,951 shares of the company’s stock worth $5,563,000 after acquiring an additional 74,378 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of SentinelOne by 5.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,554,020 shares of the company’s stock valued at $26,201,000 after acquiring an additional 74,118 shares during the last quarter. Hedge funds and other institutional investors own 90.87% of the company’s stock.

SentinelOne Trading Down 0.1 %

Shares of SentinelOne stock opened at $21.67 on Wednesday. SentinelOne has a 12 month low of $12.43 and a 12 month high of $30.76. The stock’s fifty day moving average price is $23.18 and its 200-day moving average price is $23.21. The firm has a market cap of $6.72 billion, a P/E ratio of -18.68 and a beta of 0.69.

SentinelOne (NYSE:S) last posted its quarterly earnings results on Wednesday, March 13th. The company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.04) by $0.02. SentinelOne had a negative net margin of 54.53% and a negative return on equity of 18.84%. The business had revenue of $174.18 million during the quarter, compared to analyst estimates of $169.40 million. During the same quarter in the previous year, the business posted ($0.30) EPS. The company’s quarterly revenue was up 38.1% compared to the same quarter last year. Analysts forecast that SentinelOne will post -0.76 earnings per share for the current year.

About SentinelOne

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