SentinelOne (NYSE:S) Stock Rating Upgraded by Stephens

SentinelOne (NYSE:S - Get Free Report) was upgraded by analysts at Stephens to a "strong-buy" rating in a research note issued on Monday,Zacks.com reports.

S has been the topic of several other research reports. Citigroup cut their price target on SentinelOne from $28.00 to $27.00 and set a "neutral" rating on the stock in a report on Friday, January 17th. Oppenheimer assumed coverage on SentinelOne in a research report on Wednesday, January 15th. They issued an "outperform" rating and a $32.00 target price on the stock. Guggenheim reissued a "buy" rating and set a $31.00 price target on shares of SentinelOne in a report on Thursday, December 5th. Robert W. Baird dropped their price objective on shares of SentinelOne from $30.00 to $28.00 and set an "outperform" rating on the stock in a report on Tuesday, March 11th. Finally, Jefferies Financial Group cut their price objective on shares of SentinelOne from $25.00 to $23.00 and set a "buy" rating on the stock in a research report on Monday. Seven research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, SentinelOne has an average rating of "Moderate Buy" and an average price target of $26.21.

SentinelOne Stock Down 4.9 %

Shares of S traded down $0.92 during mid-day trading on Monday, hitting $17.93. The stock had a trading volume of 7,359,698 shares, compared to its average volume of 4,903,176. The company has a market cap of $5.76 billion, a PE ratio of -19.08 and a beta of 0.78. SentinelOne has a fifty-two week low of $14.33 and a fifty-two week high of $29.29. The company's fifty day simple moving average is $21.35 and its two-hundred day simple moving average is $23.61.

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Insider Transactions at SentinelOne

In other SentinelOne news, CAO Robin Tomasello sold 1,496 shares of SentinelOne stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $19.77, for a total transaction of $29,575.92. Following the transaction, the chief accounting officer now owns 233,484 shares of the company's stock, valued at $4,615,978.68. The trade was a 0.64 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Tomer Weingarten sold 81,619 shares of the stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $19.59, for a total transaction of $1,598,916.21. Following the completion of the sale, the chief executive officer now directly owns 879,494 shares of the company's stock, valued at $17,229,287.46. This trade represents a 8.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 455,855 shares of company stock valued at $9,528,052 in the last three months. 5.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Versant Capital Management Inc boosted its position in SentinelOne by 510.9% during the first quarter. Versant Capital Management Inc now owns 2,297 shares of the company's stock valued at $42,000 after purchasing an additional 1,921 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of SentinelOne by 27.9% during the 4th quarter. Wellington Management Group LLP now owns 1,443,286 shares of the company's stock valued at $32,041,000 after buying an additional 314,506 shares during the last quarter. California State Teachers Retirement System grew its stake in shares of SentinelOne by 0.5% in the 4th quarter. California State Teachers Retirement System now owns 259,147 shares of the company's stock valued at $5,753,000 after buying an additional 1,210 shares in the last quarter. Sylebra Capital LLC increased its holdings in SentinelOne by 6.2% in the fourth quarter. Sylebra Capital LLC now owns 9,613,281 shares of the company's stock worth $213,415,000 after buying an additional 564,327 shares during the last quarter. Finally, Brooklyn FI LLC raised its position in SentinelOne by 1,688.9% during the fourth quarter. Brooklyn FI LLC now owns 161,000 shares of the company's stock valued at $3,574,000 after acquiring an additional 152,000 shares in the last quarter. 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.