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

Shares of SentinelOne, Inc. (NYSE:S) have earned a consensus rating of “Moderate Buy” from the twenty-eight brokerages that are presently covering the company, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a hold recommendation, nineteen have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $29.56.

A number of research analysts recently weighed in on the company. Scotiabank lifted their target price on SentinelOne from $25.00 to $26.00 and gave the company a “sector perform” rating in a report on Thursday, December 5th. Sanford C. Bernstein reduced their target price on SentinelOne from $32.00 to $30.00 and set an “outperform” rating on the stock in a report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft upgraded SentinelOne from a “hold” rating to a “buy” rating and lifted their target price for the company from $25.00 to $32.00 in a report on Tuesday, November 12th. Canaccord Genuity Group reiterated a “buy” rating and issued a $30.00 target price on shares of SentinelOne in a report on Friday, October 18th. Finally, UBS Group cut SentinelOne from a “buy” rating to a “neutral” rating and reduced their target price for the company from $30.00 to $25.00 in a report on Wednesday.

SentinelOne Stock Up 0.5 %

Shares of NYSE:S opened at $22.32 on Monday. The company has a market cap of $7.17 billion, a P/E ratio of -23.75 and a beta of 0.74. SentinelOne has a 52 week low of $14.33 and a 52 week high of $30.76. The business has a fifty day simple moving average of $24.62 and a 200-day simple moving average of $23.91.

SentinelOne (NYSE:S) last announced its quarterly earnings data on Wednesday, December 4th. The company reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). The business had revenue of $210.60 million during the quarter, compared to analysts’ expectations of $209.73 million. SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. SentinelOne’s revenue for the quarter was up 28.3% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.21) EPS. Sell-side analysts expect that SentinelOne will post -0.76 earnings per share for the current fiscal year.

Insider Transactions at SentinelOne

In related news, insider Ric Smith sold 14,583 shares of the business’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $26.28, for a total value of $383,241.24. Following the completion of the sale, the insider now directly owns 585,647 shares of the company’s stock, valued at $15,390,803.16. The trade was a 2.43 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Tomer Weingarten sold 70,655 shares of the business’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $27.63, for a total value of $1,952,197.65. Following the completion of the sale, the chief executive officer now directly owns 1,019,541 shares of the company’s stock, valued at approximately $28,169,917.83. This represents a 6.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 358,135 shares of company stock valued at $8,757,911. 5.60% of the stock is currently owned by insiders.

Institutional Trading of SentinelOne

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Waldron Private Wealth LLC bought a new position in shares of SentinelOne during the third quarter valued at approximately $26,000. Modus Advisors LLC bought a new position in shares of SentinelOne during the fourth quarter valued at approximately $48,000. Capital Performance Advisors LLP bought a new position in shares of SentinelOne during the third quarter valued at approximately $55,000. Blue Trust Inc. grew its holdings in shares of SentinelOne by 105.9% during the third quarter. Blue Trust Inc. now owns 2,378 shares of the company’s stock valued at $57,000 after purchasing an additional 1,223 shares during the last quarter. Finally, Huntington National Bank grew its holdings in shares of SentinelOne by 287.9% during the third quarter. Huntington National Bank now owns 2,378 shares of the company’s stock valued at $57,000 after purchasing an additional 1,765 shares during the last quarter. 90.87% of the stock is owned by institutional investors.

SentinelOne Company Profile

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.