SentinelOne (NYSE:S - Free Report) had its target price trimmed by UBS Group from $25.00 to $19.00 in a research report report published on Thursday morning,Benzinga reports. The firm currently has a neutral rating on the stock.
Other research analysts have also recently issued research reports about the company. Barclays decreased their price target on SentinelOne from $24.00 to $22.00 and set an "equal weight" rating for the company in a research note on Tuesday, March 11th. Guggenheim reissued a "buy" rating and issued a $31.00 target price on shares of SentinelOne in a research report on Thursday, December 5th. Susquehanna lowered their target price on shares of SentinelOne from $30.00 to $25.00 and set a "positive" rating on the stock in a research note on Thursday. JPMorgan Chase & Co. reduced their price target on shares of SentinelOne from $33.00 to $27.00 and set an "overweight" rating for the company in a research note on Monday, March 10th. Finally, Morgan Stanley lowered their price objective on shares of SentinelOne from $29.00 to $27.00 and set an "equal weight" rating on the stock in a research report on Wednesday, February 19th. Seven research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $26.59.
Check Out Our Latest Stock Analysis on S
SentinelOne Stock Performance
Shares of S traded up $0.48 on Thursday, hitting $18.99. 6,420,000 shares of the stock traded hands, compared to its average volume of 4,834,374. SentinelOne has a one year low of $14.33 and a one year high of $29.29. The company has a market capitalization of $6.10 billion, a PE ratio of -20.20 and a beta of 0.78. The business has a 50 day simple moving average of $22.19 and a 200 day simple moving average of $23.93.
Insider Transactions at SentinelOne
In other SentinelOne news, CEO Tomer Weingarten sold 10,178 shares of the stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $23.95, for a total transaction of $243,763.10. Following the completion of the sale, the chief executive officer now directly owns 949,504 shares of the company's stock, valued at $22,740,620.80. This trade represents a 1.06 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Ric Smith sold 2,341 shares of SentinelOne stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $23.95, for a total transaction of $56,066.95. Following the sale, the insider now owns 529,118 shares in the company, valued at approximately $12,672,376.10. The trade was a 0.44 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 253,818 shares of company stock valued at $5,649,659 over the last three months. Corporate insiders own 5.60% of the company's stock.
Hedge Funds Weigh In On SentinelOne
Several institutional investors have recently bought and sold shares of the stock. Smartleaf Asset Management LLC grew its holdings in SentinelOne by 86.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company's stock valued at $27,000 after buying an additional 556 shares in the last quarter. Avion Wealth bought a new position in shares of SentinelOne during the 4th quarter valued at approximately $28,000. Crewe Advisors LLC purchased a new position in shares of SentinelOne in the fourth quarter valued at $33,000. Arlington Trust Co LLC bought a new stake in SentinelOne in the fourth quarter worth $33,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in SentinelOne during the fourth quarter valued at $38,000. 90.87% of the stock is owned by hedge funds and other institutional investors.
SentinelOne Company Profile
(
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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.
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