SentinelOne (NYSE:S) Price Target Increased to $30.00 by Analysts at Robert W. Baird

SentinelOne (NYSE:S - Free Report) had its target price boosted by Robert W. Baird from $29.00 to $30.00 in a research report released on Friday, Benzinga reports. They currently have an outperform rating on the stock.

A number of other equities analysts have also weighed in on the stock. Morgan Stanley upped their target price on shares of SentinelOne from $27.00 to $29.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 28th. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $25.00 target price on shares of SentinelOne in a research note on Friday, September 13th. BTIG Research upped their target price on shares of SentinelOne from $28.00 to $30.00 and gave the stock a "buy" rating in a research note on Wednesday, August 28th. JPMorgan Chase & Co. upped their target price on shares of SentinelOne from $25.00 to $27.00 and gave the stock an "overweight" rating in a research note on Friday, August 23rd. Finally, JMP Securities reaffirmed a "market outperform" rating and issued a $33.00 target price on shares of SentinelOne in a research note on Wednesday, August 28th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, nineteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $28.60.

SentinelOne Stock Up 1.3 %

S stock traded up $0.34 during trading on Friday, hitting $26.36. The company had a trading volume of 4,789,147 shares, compared to its average volume of 5,373,923. The firm has a 50-day moving average price of $23.92 and a 200-day moving average price of $21.85. SentinelOne has a 12 month low of $14.33 and a 12 month high of $30.76. The stock has a market cap of $8.25 billion, a price-to-earnings ratio of -25.84 and a beta of 0.67.

SentinelOne (NYSE:S - Get Free Report) last issued its earnings results on Tuesday, August 27th. The company reported $0.01 EPS for the quarter. The company had revenue of $198.94 million during the quarter, compared to analysts' expectations of $197.32 million. SentinelOne had a negative net margin of 38.91% and a negative return on equity of 15.42%. The business's revenue for the quarter was up 33.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.26) EPS. Equities analysts expect that SentinelOne will post -0.73 EPS for the current year.

Insider Buying and Selling

In other SentinelOne news, CEO Tomer Weingarten sold 10,165 shares of the firm's stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $20.56, for a total value of $208,992.40. Following the sale, the chief executive officer now owns 1,109,147 shares in the company, valued at $22,804,062.32. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. In other SentinelOne news, CEO Tomer Weingarten sold 10,165 shares of the firm's stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $20.56, for a total value of $208,992.40. Following the sale, the chief executive officer now owns 1,109,147 shares in the company, valued at $22,804,062.32. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO David J. Bernhardt sold 2,631 shares of the firm's stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $20.56, for a total transaction of $54,093.36. Following the completion of the sale, the chief financial officer now owns 504,085 shares in the company, valued at $10,363,987.60. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 489,850 shares of company stock worth $11,034,964. Corporate insiders own 5.60% of the company's stock.

Hedge Funds Weigh In On SentinelOne

A number of hedge funds have recently bought and sold shares of S. Blue Trust Inc. acquired a new position in shares of SentinelOne during the second quarter valued at about $27,000. Allspring Global Investments Holdings LLC grew its holdings in shares of SentinelOne by 49.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company's stock valued at $28,000 after buying an additional 434 shares during the last quarter. Sugarloaf Wealth Management LLC grew its holdings in shares of SentinelOne by 56.0% during the second quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company's stock valued at $41,000 after buying an additional 700 shares during the last quarter. Unique Wealth Strategies LLC acquired a new position in shares of SentinelOne during the second quarter valued at about $49,000. Finally, BI Asset Management Fondsmaeglerselskab A S acquired a new position in shares of SentinelOne during the first quarter valued at about $80,000. Institutional investors 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.