SentinelOne, Inc. (NYSE:S) Receives $29.46 Average PT from Analysts

SentinelOne, Inc. (NYSE:S - Get Free Report) has earned an average recommendation of "Moderate Buy" from the twenty-seven research firms that are covering the firm, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have assigned a strong buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $29.46.

Several equities analysts have recently commented on the company. Scotiabank increased their price objective on SentinelOne from $25.00 to $26.00 and gave the company a "sector perform" rating in a research report on Thursday, December 5th. Westpark Capital reiterated a "buy" rating and issued a $34.00 target price on shares of SentinelOne in a research report on Tuesday, December 3rd. Barclays cut their price target on shares of SentinelOne from $30.00 to $28.00 and set an "equal weight" rating for the company in a research report on Thursday, December 5th. DA Davidson boosted their target price on SentinelOne from $23.00 to $25.00 and gave the company a "neutral" rating in a research note on Thursday, October 17th. Finally, Canaccord Genuity Group reiterated a "buy" rating and issued a $30.00 price objective on shares of SentinelOne in a research report on Friday, October 18th.

Insider Activity

In related news, insider Ric Smith sold 14,583 shares of the firm'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 completion of the sale, the insider now owns 585,647 shares of the company's stock, valued at $15,390,803.16. This trade represents a 2.43 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Tomer Weingarten sold 70,655 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $27.63, for a total transaction of $1,952,197.65. Following the transaction, the chief executive officer now directly owns 1,019,541 shares in the company, valued at approximately $28,169,917.83. This represents a 6.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 358,135 shares of company stock valued at $8,757,911. 5.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of S. KBC Group NV raised its holdings in SentinelOne by 778.0% in the third quarter. KBC Group NV now owns 65,455 shares of the company's stock worth $1,566,000 after purchasing an additional 58,000 shares in the last quarter. Erste Asset Management GmbH bought a new position in SentinelOne during the third quarter valued at $4,816,000. NorthRock Partners LLC bought a new stake in SentinelOne in the third quarter worth about $5,227,000. Charles Schwab Investment Management Inc. raised its stake in shares of SentinelOne by 55.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,597,374 shares of the company's stock valued at $62,129,000 after acquiring an additional 921,572 shares in the last quarter. Finally, Sycomore Asset Management boosted its stake in shares of SentinelOne by 40.4% during the second quarter. Sycomore Asset Management now owns 288,860 shares of the company's stock valued at $5,537,000 after purchasing an additional 83,060 shares in the last quarter. Institutional investors own 90.87% of the company's stock.

SentinelOne Price Performance

NYSE S traded down $0.47 during mid-day trading on Monday, reaching $21.95. 3,752,654 shares of the stock were exchanged, compared to its average volume of 3,903,256. The stock has a market cap of $7.05 billion, a P/E ratio of -23.35 and a beta of 0.74. The stock has a 50 day simple moving average of $25.10 and a 200-day simple moving average of $23.91. SentinelOne has a one year low of $14.33 and a one year 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) 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 analysts' expectations of $209.73 million. During the same period in the previous year, the company posted ($0.21) earnings per share. The company's quarterly revenue was up 28.3% compared to the same quarter last year. Sell-side analysts anticipate 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.