SentinelOne, Inc. (NYSE:S) Receives $26.33 Consensus Price Target from Brokerages

Shares of SentinelOne, Inc. (NYSE:S - Get Free Report) have earned a consensus rating of "Moderate Buy" from the twenty-nine ratings firms that are covering the stock, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation, twenty have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $26.21.

A number of research analysts have weighed in on the company. Jefferies Financial Group reduced their price target on SentinelOne from $25.00 to $23.00 and set a "buy" rating on the stock in a research note on Monday. Scotiabank reduced their target price on SentinelOne from $26.00 to $19.00 and set a "sector perform" rating on the stock in a research report on Thursday, March 13th. Barclays decreased their price target on SentinelOne from $24.00 to $22.00 and set an "equal weight" rating on the stock in a research note on Tuesday, March 11th. Sanford C. Bernstein cut their price objective on shares of SentinelOne from $32.00 to $30.00 and set an "outperform" rating on the stock in a report on Thursday, December 5th. Finally, Guggenheim reiterated a "buy" rating and issued a $31.00 price target on shares of SentinelOne in a report on Thursday, December 5th.

SentinelOne Stock Up 1.7 %

Shares of NYSE:S traded up $0.31 during trading on Friday, reaching $18.49. The stock had a trading volume of 2,332,350 shares, compared to its average volume of 4,984,167. The stock has a market cap of $5.94 billion, a P/E ratio of -19.64 and a beta of 0.78. The business has a fifty day moving average price of $21.62 and a 200-day moving average price of $23.71. SentinelOne has a fifty-two week low of $14.33 and a fifty-two week high of $29.29.

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Insider Buying and Selling at SentinelOne

In related news, CEO Tomer Weingarten sold 60,864 shares of the business's stock in a transaction that occurred on Tuesday, January 7th. The stock was sold at an average price of $22.52, for a total transaction of $1,370,657.28. Following the sale, the chief executive officer now owns 959,682 shares of the company's stock, valued at $21,612,038.64. The trade was a 5.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Robin Tomasello sold 6,378 shares of the stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $19.55, for a total value of $124,689.90. Following the transaction, the chief accounting officer now directly owns 230,685 shares of the company's stock, valued at approximately $4,509,891.75. The trade was a 2.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 455,855 shares of company stock valued at $9,528,052 in the last quarter. Corporate insiders own 5.60% of the company's stock.

Institutional Investors Weigh In On SentinelOne

A number of institutional investors and hedge funds have recently bought and sold shares of S. Smartleaf Asset Management LLC raised its holdings in shares of SentinelOne by 86.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company's stock worth $27,000 after purchasing an additional 556 shares in the last quarter. Avion Wealth acquired a new position in SentinelOne in the fourth quarter worth approximately $28,000. Crewe Advisors LLC bought a new position in shares of SentinelOne in the fourth quarter valued at $33,000. Arlington Trust Co LLC acquired a new stake in shares of SentinelOne during the 4th quarter valued at $33,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of SentinelOne during the 4th quarter worth $38,000. 90.87% of the stock is owned by institutional investors and hedge funds.

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.