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

SentinelOne, Inc. (NYSE:S) has received an average rating of “Moderate Buy” from the thirty ratings firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $21.8966.

Several equities analysts have recently weighed in on the company. Bank of America cut their target price on SentinelOne from $19.00 to $18.00 and set a “neutral” rating on the stock in a research report on Friday, December 5th. DA Davidson cut their price objective on shares of SentinelOne from $19.00 to $16.00 and set a “neutral” rating on the stock in a research report on Friday, December 5th. Oppenheimer reduced their target price on shares of SentinelOne from $26.00 to $24.00 and set an “outperform” rating on the stock in a research note on Friday, December 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SentinelOne in a research note on Monday, December 29th. Finally, Guggenheim reissued a “buy” rating and issued a $28.00 price objective on shares of SentinelOne in a research report on Friday, December 5th.

Insider Transactions at SentinelOne

In other news, insider Ana G. Pinczuk sold 11,900 shares of the business’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $14.82, for a total value of $176,358.00. Following the completion of the transaction, the insider directly owned 560,589 shares of the company’s stock, valued at approximately $8,307,928.98. The trade was a 2.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Tomer Weingarten sold 51,595 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $15.12, for a total value of $780,116.40. Following the sale, the chief executive officer directly owned 1,145,608 shares in the company, valued at approximately $17,321,592.96. The trade was a 4.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 361,394 shares of company stock valued at $5,558,207. Company insiders own 4.33% of the company’s stock.

Hedge Funds Weigh In On SentinelOne

Several hedge funds have recently modified their holdings of the stock. Massachusetts Financial Services Co. MA grew its stake in SentinelOne by 2.2% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,501,905 shares of the company’s stock valued at $37,529,000 after purchasing an additional 53,636 shares during the last quarter. Pallas Capital Advisors LLC purchased a new stake in SentinelOne in the fourth quarter valued at approximately $410,000. SG Americas Securities LLC increased its holdings in SentinelOne by 830.7% in the 4th quarter. SG Americas Securities LLC now owns 338,042 shares of the company’s stock worth $5,071,000 after buying an additional 301,719 shares during the period. Assenagon Asset Management S.A. raised its position in SentinelOne by 267.3% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,330,384 shares of the company’s stock worth $19,956,000 after buying an additional 968,162 shares during the last quarter. Finally, Diversified Trust Co. lifted its stake in SentinelOne by 20.5% during the 4th quarter. Diversified Trust Co. now owns 71,412 shares of the company’s stock valued at $1,071,000 after acquiring an additional 12,136 shares during the period. Institutional investors and hedge funds own 90.87% of the company’s stock.

SentinelOne Stock Up 2.5%

Shares of NYSE:S opened at $14.15 on Friday. The firm has a fifty day simple moving average of $15.17 and a two-hundred day simple moving average of $16.84. SentinelOne has a 52 week low of $13.46 and a 52 week high of $25.24. The stock has a market capitalization of $4.81 billion, a P/E ratio of -11.32 and a beta of 0.77.

SentinelOne (NYSE:S) last announced its quarterly earnings results on Thursday, December 4th. The company reported $0.07 EPS for the quarter, beating analysts’ consensus estimates of $0.05 by $0.02. SentinelOne had a negative net margin of 43.04% and a negative return on equity of 14.95%. The firm had revenue of $258.91 million during the quarter, compared to the consensus estimate of $256.19 million. During the same quarter last year, the firm earned ($0.25) EPS. The firm’s revenue for the quarter was up 22.9% compared to the same quarter last year. On average, analysts expect that SentinelOne will post -0.76 earnings per share 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.