SentinelOne (NYSE:S) Price Target Lowered to $23.00 at Jefferies Financial Group

SentinelOne (NYSE:S - Get Free Report) had its price objective decreased by research analysts at Jefferies Financial Group from $25.00 to $23.00 in a report released on Monday,Benzinga reports. The firm presently has a "buy" rating on the stock. Jefferies Financial Group's target price suggests a potential upside of 23.13% from the stock's current price.

S has been the topic of a number of other research reports. Cantor Fitzgerald dropped their price target on shares of SentinelOne from $30.00 to $24.00 and set an "overweight" rating on the stock in a research note on Thursday, March 13th. Susquehanna reduced their target price on SentinelOne from $30.00 to $25.00 and set a "positive" rating for the company in a report on Thursday, March 13th. Guggenheim reaffirmed a "buy" rating and set a $31.00 price target on shares of SentinelOne in a report on Thursday, December 5th. Robert W. Baird reduced their price objective on SentinelOne from $30.00 to $28.00 and set an "outperform" rating for the company in a report on Tuesday, March 11th. Finally, Bank of America lowered their target price on shares of SentinelOne from $29.00 to $24.00 and set a "buy" rating on the stock in a research note on Thursday, March 13th. Seven analysts have rated the stock with a hold rating, nineteen have given a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $26.21.

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SentinelOne Trading Up 0.4 %

SentinelOne stock traded up $0.07 during mid-day trading on Monday, hitting $18.68. The company had a trading volume of 796,199 shares, compared to its average volume of 4,946,977. SentinelOne has a 12 month low of $14.33 and a 12 month high of $29.29. The company has a market capitalization of $6.00 billion, a PE ratio of -19.92 and a beta of 0.78. The stock's 50 day moving average price is $21.54 and its two-hundred day moving average price is $23.68.

Insiders Place Their Bets

In related news, CAO Robin Tomasello sold 6,378 shares of the business's stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $19.55, for a total value of $124,689.90. Following the sale, the chief accounting officer now directly owns 230,685 shares in the company, valued at approximately $4,509,891.75. The trade was a 2.69 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Ric Smith sold 10,624 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 value of $210,036.48. Following the transaction, the insider now directly owns 488,122 shares of the company's stock, valued at approximately $9,650,171.94. The trade was a 2.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 455,855 shares of company stock worth $9,528,052 in the last three months. 5.60% of the stock is owned by company insiders.

Institutional Trading of SentinelOne

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

About SentinelOne

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.