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

SentinelOne, Inc. (NYSE:S - Get Free Report) has received an average rating of "Moderate Buy" from the twenty-eight analysts that are covering the stock, MarketBeat.com reports. Seven analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating on the company. The average 12 month target price among analysts that have covered the stock in the last year is $29.56.

A number of equities research analysts recently issued reports on the stock. Guggenheim reissued a "buy" rating and issued a $31.00 price target on shares of SentinelOne in a research note on Thursday, December 5th. DA Davidson lifted their target price on shares of SentinelOne from $23.00 to $25.00 and gave the stock a "neutral" rating in a research note on Thursday, October 17th. Cantor Fitzgerald assumed coverage on shares of SentinelOne in a research note on Thursday, January 9th. They set an "overweight" rating and a $30.00 target price on the stock. Sanford C. Bernstein lowered their price target on shares of SentinelOne from $32.00 to $30.00 and set an "outperform" rating on the stock in a research report on Thursday, December 5th. Finally, Canaccord Genuity Group reissued a "buy" rating and set a $30.00 price target on shares of SentinelOne in a research report on Friday, October 18th.

Insider Activity at SentinelOne

In other SentinelOne news, CEO Tomer Weingarten sold 60,864 shares of SentinelOne stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $22.52, for a total value of $1,370,657.28. Following the completion of the sale, the chief executive officer now owns 959,682 shares in the company, valued at $21,612,038.64. The trade was a 5.96 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Ric Smith sold 14,583 shares of SentinelOne stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $22.75, for a total value of $331,763.25. Following the completion of the sale, the insider now owns 531,459 shares of the company's stock, valued at $12,090,692.25. This trade represents a 2.67 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 286,699 shares of company stock valued at $6,712,815. 5.60% of the stock is owned by insiders.

Institutional Trading of SentinelOne

Several hedge funds and other institutional investors have recently added to or reduced their stakes in S. Commonwealth Equity Services LLC grew its holdings in shares of SentinelOne by 15.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 44,405 shares of the company's stock worth $986,000 after purchasing an additional 6,076 shares during the period. Skandinaviska Enskilda Banken AB publ grew its holdings in shares of SentinelOne by 68.3% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 10,748 shares of the company's stock worth $241,000 after purchasing an additional 4,363 shares during the period. Swiss National Bank grew its holdings in shares of SentinelOne by 2.4% during the 4th quarter. Swiss National Bank now owns 544,400 shares of the company's stock worth $12,086,000 after purchasing an additional 12,900 shares during the period. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of SentinelOne by 173.5% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 474,703 shares of the company's stock worth $10,538,000 after purchasing an additional 301,138 shares during the period. Finally, Forge First Asset Management Inc. purchased a new stake in shares of SentinelOne during the 4th quarter worth about $1,251,000. Hedge funds and other institutional investors own 90.87% of the company's stock.

SentinelOne Stock Up 3.0 %

Shares of NYSE:S traded up $0.73 during trading on Friday, hitting $24.67. 2,136,141 shares of the stock traded hands, compared to its average volume of 3,698,487. The company has a market cap of $7.93 billion, a price-to-earnings ratio of -26.19 and a beta of 0.75. The company has a fifty day moving average price of $23.41 and a two-hundred day moving average price of $24.20. SentinelOne has a 52-week low of $14.33 and a 52-week high of $30.76.

SentinelOne (NYSE:S - Get Free Report) last released its quarterly earnings results on Wednesday, December 4th. The company reported ($0.21) earnings per share (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 company had revenue of $210.60 million during the quarter, compared to analyst estimates of $209.73 million. During the same period in the prior year, the business posted ($0.21) EPS. SentinelOne's revenue was up 28.3% compared to the same quarter last year. On average, equities research analysts predict that SentinelOne will post -0.76 EPS for the current fiscal year.

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.