SentinelOne, Inc. (NYSE:S) Receives Average Rating of “Moderate Buy” from Analysts

SentinelOne, Inc. (NYSE:S) has been given an average recommendation of “Moderate Buy” by the twenty-five analysts that are currently covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $27.83.

S has been the subject of several research reports. Wedbush increased their target price on shares of SentinelOne from $20.00 to $30.00 and gave the company an “outperform” rating in a research note on Monday, August 26th. JPMorgan Chase & Co. raised their price objective on SentinelOne from $25.00 to $27.00 and gave the stock an “overweight” rating in a research report on Friday, August 23rd. Loop Capital lifted their price objective on SentinelOne from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, August 28th. The Goldman Sachs Group restated a “neutral” rating and issued a $25.00 target price on shares of SentinelOne in a research note on Friday, September 13th. Finally, Baird R W upgraded shares of SentinelOne to a “strong-buy” rating in a research note on Monday, July 15th.

SentinelOne Stock Up 5.1 %

S opened at $24.15 on Friday. The stock’s 50 day moving average price is $23.11 and its two-hundred day moving average price is $21.67. The firm has a market capitalization of $7.56 billion, a P/E ratio of -23.68 and a beta of 0.67. SentinelOne has a 12-month low of $14.33 and a 12-month high of $30.76.

SentinelOne (NYSE:S) last announced its quarterly earnings data on Tuesday, August 27th. The company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $198.94 million for the quarter, compared to the consensus estimate of $197.32 million. SentinelOne had a negative net margin of 38.91% and a negative return on equity of 15.42%. SentinelOne’s quarterly revenue was up 33.1% on a year-over-year basis. During the same quarter last year, the company posted ($0.26) earnings per share. As a group, analysts anticipate that SentinelOne will post -0.73 earnings per share for the current year.

Insider Activity at SentinelOne

In other news, insider Ric Smith sold 14,583 shares of the company’s stock in a transaction that occurred on Wednesday, September 25th. The shares were sold at an average price of $24.20, for a total transaction of $352,908.60. Following the transaction, the insider now directly owns 585,647 shares in the company, valued at approximately $14,172,657.40. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, insider Ric Smith sold 14,583 shares of SentinelOne stock in a transaction on Wednesday, September 25th. The stock was sold at an average price of $24.20, for a total value of $352,908.60. Following the completion of the sale, the insider now directly owns 585,647 shares of the company’s stock, valued at approximately $14,172,657.40. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Tomer Weingarten sold 60,864 shares of the company’s stock in a transaction on Thursday, July 18th. The shares were sold at an average price of $20.54, for a total value of $1,250,146.56. Following the transaction, the chief executive officer now directly owns 1,119,312 shares in the company, valued at $22,990,668.48. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 489,850 shares of company stock valued at $10,648,478 over the last ninety days. 5.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Heritage Wealth Management Inc. acquired a new stake in shares of SentinelOne in the 2nd quarter valued at approximately $414,000. Sanctuary Advisors LLC acquired a new stake in SentinelOne in the second quarter worth $259,000. Sycomore Asset Management boosted its position in shares of SentinelOne by 40.4% during the second quarter. Sycomore Asset Management now owns 288,860 shares of the company’s stock worth $5,537,000 after purchasing an additional 83,060 shares in the last quarter. Clearbridge Investments LLC increased its position in shares of SentinelOne by 0.8% in the 2nd quarter. Clearbridge Investments LLC now owns 2,630,615 shares of the company’s stock valued at $55,374,000 after buying an additional 20,600 shares in the last quarter. Finally, Truist Financial Corp raised its stake in SentinelOne by 17.4% during the 2nd quarter. Truist Financial Corp now owns 27,754 shares of the company’s stock worth $584,000 after buying an additional 4,110 shares during the period. Institutional investors and hedge funds own 90.87% of the company’s stock.

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.