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

SentinelOne, Inc. (NYSE:S) has been assigned an average rating of “Moderate Buy” from the thirty research firms that are currently covering the firm, Marketbeat reports. Ten equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and three have given a strong buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $24.80.

A number of equities research analysts have recently commented on the stock. Sanford C. Bernstein reduced their target price on shares of SentinelOne from $27.00 to $25.00 and set an “outperform” rating for the company in a report on Thursday, May 29th. Barclays reduced their target price on shares of SentinelOne from $21.00 to $19.00 and set an “equal weight” rating for the company in a report on Thursday, May 29th. Guggenheim reaffirmed a “buy” rating and issued a $28.00 target price on shares of SentinelOne in a report on Wednesday, May 21st. Stephens reaffirmed an “overweight” rating and issued a $25.00 target price on shares of SentinelOne in a report on Tuesday, May 27th. Finally, Morgan Stanley reduced their target price on shares of SentinelOne from $20.00 to $18.00 and set an “equal weight” rating for the company in a report on Wednesday, April 16th.

SentinelOne Price Performance

NYSE:S opened at $18.32 on Friday. The firm has a market capitalization of $6.09 billion, a PE ratio of -13.88 and a beta of 0.77. The business’s fifty day moving average price is $18.29 and its 200 day moving average price is $19.59. SentinelOne has a 12 month low of $15.36 and a 12 month high of $29.29.

SentinelOne (NYSE:S) last posted its earnings results on Wednesday, May 28th. The company reported $0.02 EPS for the quarter, meeting the consensus estimate of $0.02. The firm had revenue of $229.03 million for the quarter, compared to analyst estimates of $228.39 million. SentinelOne had a negative return on equity of 15.95% and a negative net margin of 49.36%. The company’s revenue for the quarter was up 22.9% compared to the same quarter last year. As a group, equities analysts anticipate that SentinelOne will post -0.76 EPS for the current year.

Insider Transactions at SentinelOne

In other SentinelOne news, CEO Tomer Weingarten sold 10,336 shares of SentinelOne stock in a transaction that occurred on Tuesday, May 6th. The shares were sold at an average price of $18.54, for a total transaction of $191,629.44. Following the transaction, the chief executive officer directly owned 1,571,060 shares of the company’s stock, valued at $29,127,452.40. The trade was a 0.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Keenan Michael Conder sold 11,097 shares of SentinelOne stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $18.28, for a total transaction of $202,853.16. Following the transaction, the insider directly owned 596,332 shares in the company, valued at approximately $10,900,948.96. This trade represents a 1.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 75,619 shares of company stock worth $1,386,302 in the last three months. 4.33% of the stock is currently owned by company insiders.

Institutional Trading of SentinelOne

Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its position in SentinelOne by 4.4% in the first quarter. Vanguard Group Inc. now owns 31,199,885 shares of the company’s stock valued at $567,214,000 after acquiring an additional 1,318,533 shares in the last quarter. Sylebra Capital LLC grew its position in SentinelOne by 10.0% in the first quarter. Sylebra Capital LLC now owns 10,573,052 shares of the company’s stock valued at $192,218,000 after acquiring an additional 959,771 shares in the last quarter. Voya Investment Management LLC boosted its stake in shares of SentinelOne by 2.9% during the 1st quarter. Voya Investment Management LLC now owns 8,077,074 shares of the company’s stock valued at $146,841,000 after buying an additional 229,230 shares during the last quarter. Eminence Capital LP boosted its stake in shares of SentinelOne by 6.4% during the 4th quarter. Eminence Capital LP now owns 6,533,894 shares of the company’s stock valued at $145,052,000 after buying an additional 392,986 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in shares of SentinelOne by 18.4% during the 4th quarter. Invesco Ltd. now owns 5,788,022 shares of the company’s stock valued at $128,494,000 after buying an additional 900,577 shares during the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

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.