SentinelOne, Inc. (NYSE:S) Given Consensus Recommendation of "Moderate Buy" by Analysts

SentinelOne, Inc. (NYSE:S - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the twenty-six analysts that are covering the stock, MarketBeat.com reports. Six investment analysts have rated the stock with a hold recommendation, eighteen have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $29.44.

Several equities research analysts have recently issued reports on the stock. JMP Securities restated a "market outperform" rating and issued a $33.00 target price on shares of SentinelOne in a report on Wednesday, August 28th. Barclays dropped their target price on SentinelOne from $30.00 to $28.00 and set an "equal weight" rating for the company in a research report on Thursday, December 5th. Wells Fargo & Company increased their price target on SentinelOne from $29.00 to $30.00 and gave the stock an "overweight" rating in a report on Wednesday, August 28th. Guggenheim reissued a "buy" rating and set a $31.00 price target on shares of SentinelOne in a research note on Thursday, December 5th. Finally, Deutsche Bank Aktiengesellschaft raised SentinelOne from a "hold" rating to a "buy" rating and upped their price objective for the company from $25.00 to $32.00 in a research report on Tuesday, November 12th.

Insider Activity at SentinelOne

In other news, CEO Tomer Weingarten sold 60,864 shares of the business's stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $23.74, for a total transaction of $1,444,911.36. Following the sale, the chief executive officer now owns 959,682 shares in the company, valued at approximately $22,782,850.68. The trade was a 5.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Ric Smith sold 14,583 shares of the business's stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $26.28, for a total transaction of $383,241.24. Following the sale, the insider now directly owns 585,647 shares in the company, valued at approximately $15,390,803.16. This represents a 2.43 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 418,999 shares of company stock valued at $10,373,693 over the last 90 days. Insiders own 5.60% of the company's stock.

Institutional Investors Weigh In On SentinelOne

A number of large investors have recently bought and sold shares of S. Waldron Private Wealth LLC acquired a new stake in SentinelOne during the 3rd quarter worth about $26,000. Blue Trust Inc. acquired a new stake in SentinelOne during the second quarter worth about $27,000. Allspring Global Investments Holdings LLC grew its holdings in SentinelOne by 49.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company's stock worth $28,000 after acquiring an additional 434 shares during the period. Capital Performance Advisors LLP purchased a new position in SentinelOne during the third quarter valued at approximately $55,000. Finally, Huntington National Bank lifted its holdings in SentinelOne by 287.9% in the third quarter. Huntington National Bank now owns 2,378 shares of the company's stock valued at $57,000 after acquiring an additional 1,765 shares during the period. Hedge funds and other institutional investors own 90.87% of the company's stock.

SentinelOne Stock Performance

S stock traded up $0.28 during trading on Thursday, hitting $22.33. 6,048,093 shares of the company's stock traded hands, compared to its average volume of 5,267,447. SentinelOne has a 52 week low of $14.33 and a 52 week high of $30.76. The stock has a market capitalization of $7.18 billion, a price-to-earnings ratio of -23.76 and a beta of 0.67. The business has a fifty day simple moving average of $26.23 and a 200 day simple moving average of $23.33.

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