SentinelOne (NYSE:S) Price Target Lowered to $31.00 at Westpark Capital

SentinelOne (NYSE:S) had its price target trimmed by Westpark Capital from $34.00 to $31.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm currently has a buy rating on the stock.

Other equities analysts also recently issued research reports about the company. Scotiabank increased their price objective on SentinelOne from $25.00 to $26.00 and gave the stock a “sector perform” rating in a report on Thursday, December 5th. Cantor Fitzgerald started coverage on SentinelOne in a report on Thursday, January 9th. They issued an “overweight” rating and a $30.00 price objective for the company. Guggenheim restated a “buy” rating and set a $31.00 price target on shares of SentinelOne in a report on Thursday, December 5th. Sanford C. Bernstein reduced their price target on SentinelOne from $32.00 to $30.00 and set an “outperform” rating for the company in a report on Thursday, December 5th. Finally, Citigroup reduced their price target on SentinelOne from $28.00 to $27.00 and set a “neutral” rating for the company in a report on Friday, January 17th. Seven investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $28.78.

SentinelOne Stock Up 3.1 %

Shares of SentinelOne stock opened at $18.73 on Tuesday. The company has a market cap of $6.02 billion, a PE ratio of -19.92 and a beta of 0.78. The business has a 50 day moving average of $22.50 and a 200 day moving average of $24.10. SentinelOne has a 52 week low of $14.33 and a 52 week high of $29.29.

Insiders Place Their Bets

In related news, insider Ric Smith sold 14,583 shares of SentinelOne stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $22.75, for a total transaction of $331,763.25. Following the sale, the insider now owns 531,459 shares of the company’s stock, valued at approximately $12,090,692.25. This trade represents a 2.67 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Tomer Weingarten sold 39,477 shares of SentinelOne stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $19.55, for a total value of $771,775.35. Following the sale, the chief executive officer now directly owns 900,249 shares in the company, valued at $17,599,867.95. This trade represents a 4.20 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 314,682 shares of company stock valued at $7,094,571. Insiders own 5.60% of the company’s stock.

Institutional Trading of SentinelOne

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC increased its stake in SentinelOne by 86.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock worth $27,000 after acquiring an additional 556 shares during the last quarter. Avion Wealth bought a new stake in SentinelOne in the 4th quarter worth approximately $28,000. Crewe Advisors LLC bought a new stake in SentinelOne in the 4th quarter worth approximately $33,000. Arlington Trust Co LLC bought a new stake in SentinelOne in the 4th quarter worth approximately $33,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in SentinelOne in the 4th quarter worth approximately $38,000. Institutional investors 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.