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

SentinelOne, Inc. (NYSE:S - Get Free Report) has received a consensus rating of "Moderate Buy" from the twenty-nine analysts that are presently covering the stock, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and three have issued a strong buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is $26.14.

Several equities analysts recently issued reports on the company. Westpark Capital reduced their price target on SentinelOne from $34.00 to $31.00 and set a "buy" rating on the stock in a research report on Tuesday, March 11th. Canaccord Genuity Group cut their target price on shares of SentinelOne from $30.00 to $26.00 and set a "buy" rating on the stock in a report on Thursday, March 13th. Needham & Company LLC decreased their target price on shares of SentinelOne from $32.00 to $23.00 and set a "buy" rating on the stock in a research note on Thursday, March 13th. Wells Fargo & Company dropped their price target on shares of SentinelOne from $30.00 to $22.00 and set an "overweight" rating for the company in a research report on Thursday, March 13th. Finally, Robert W. Baird cut their price target on shares of SentinelOne from $30.00 to $28.00 and set an "outperform" rating on the stock in a report on Tuesday, March 11th.

Insider Buying and Selling

In other SentinelOne news, CEO Tomer Weingarten sold 10,178 shares of SentinelOne stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $23.95, for a total value of $243,763.10. Following the completion of the transaction, the chief executive officer now directly owns 949,504 shares of the company's stock, valued at approximately $22,740,620.80. The trade was a 1.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Robin Tomasello sold 1,496 shares of the stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $19.77, for a total transaction of $29,575.92. Following the sale, the chief accounting officer now owns 233,484 shares in the company, valued at approximately $4,615,978.68. The trade was a 0.64 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 394,991 shares of company stock worth $8,157,395 in the last 90 days. Insiders own 5.60% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. CENTRAL TRUST Co purchased a new stake in SentinelOne in the first quarter worth approximately $26,000. Smartleaf Asset Management LLC increased its position in SentinelOne by 86.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company's stock valued at $27,000 after acquiring an additional 556 shares during the last quarter. Avion Wealth bought a new position in SentinelOne in the fourth quarter valued at about $28,000. Crewe Advisors LLC purchased a new position in SentinelOne in the fourth quarter worth about $33,000. Finally, Arlington Trust Co LLC bought a new stake in shares of SentinelOne during the 4th quarter valued at about $33,000. Hedge funds and other institutional investors own 90.87% of the company's stock.

SentinelOne Stock Up 0.9 %

NYSE S opened at $16.32 on Wednesday. The company has a 50-day simple moving average of $19.30 and a two-hundred day simple moving average of $22.89. SentinelOne has a 12-month low of $14.33 and a 12-month high of $29.29. The firm has a market cap of $5.38 billion, a price-to-earnings ratio of -17.36 and a beta of 0.82.

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.

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