SentinelOne, Inc. (NYSE:S) Receives Consensus Rating of "Moderate Buy" from Brokerages

SentinelOne, Inc. (NYSE:S - Get Free Report) has earned an average recommendation of "Moderate Buy" from the twenty-eight ratings firms that are covering the firm, MarketBeat reports. Seven research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have issued a strong buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $29.48.

A number of research analysts have commented on the stock. UBS Group downgraded shares of SentinelOne from a "buy" rating to a "neutral" rating and cut their target price for the company from $30.00 to $25.00 in a research report on Wednesday. Wedbush raised shares of SentinelOne to a "strong-buy" rating in a report on Thursday, October 17th. Needham & Company LLC restated a "buy" rating and set a $32.00 target price on shares of SentinelOne in a report on Thursday, December 5th. DA Davidson increased their target price on SentinelOne from $23.00 to $25.00 and gave the company a "neutral" rating in a research report on Thursday, October 17th. Finally, Westpark Capital reissued a "buy" rating and issued a $34.00 price target on shares of SentinelOne in a research report on Tuesday, December 3rd.

SentinelOne Trading Up 2.1 %

Shares of NYSE S traded up $0.46 during trading hours on Monday, reaching $22.22. The stock had a trading volume of 2,949,064 shares, compared to its average volume of 3,841,406. SentinelOne has a 52-week low of $14.33 and a 52-week high of $30.76. The firm has a market cap of $7.14 billion, a price-to-earnings ratio of -23.63 and a beta of 0.74. The business's fifty day moving average price is $24.84 and its two-hundred day moving average price is $23.91.

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

Insider Transactions at SentinelOne

In related news, CEO Tomer Weingarten sold 60,864 shares of the firm's stock in a transaction dated Tuesday, January 7th. The shares were sold at an average price of $22.52, for a total transaction of $1,370,657.28. Following the completion of the sale, the chief executive officer now directly owns 959,682 shares in the company, valued at approximately $21,612,038.64. This trade represents a 5.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ric Smith sold 3,135 shares of SentinelOne stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $26.25, for a total transaction of $82,293.75. Following the transaction, the insider now directly owns 582,512 shares in the company, valued at $15,290,940. This trade represents a 0.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 358,135 shares of company stock worth $8,757,911 in the last ninety days. Insiders own 5.60% of the company's stock.

Institutional Investors Weigh In On SentinelOne

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Waldron Private Wealth LLC purchased a new stake in SentinelOne in the 3rd quarter valued at about $26,000. Modus Advisors LLC purchased a new position in shares of SentinelOne in the fourth quarter valued at approximately $48,000. Capital Performance Advisors LLP acquired a new position in shares of SentinelOne in the third quarter valued at approximately $55,000. Blue Trust Inc. lifted its holdings in SentinelOne by 105.9% during the 3rd quarter. Blue Trust Inc. now owns 2,378 shares of the company's stock worth $57,000 after buying an additional 1,223 shares in the last quarter. Finally, Huntington National Bank raised its position in SentinelOne by 287.9% in the 3rd 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 in the last quarter. Institutional investors and hedge funds own 90.87% of the company's stock.

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.