Susquehanna Lowers SentinelOne (NYSE:S) Price Target to $25.00

SentinelOne (NYSE:S) had its price objective decreased by stock analysts at Susquehanna from $30.00 to $25.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has a “positive” rating on the stock. Susquehanna’s price objective would indicate a potential upside of 34.72% from the company’s current price.

S has been the topic of several other reports. Oppenheimer initiated coverage on SentinelOne in a report on Wednesday, January 15th. They issued an “outperform” rating and a $32.00 price target on the stock. Barclays reduced their price target on SentinelOne from $24.00 to $22.00 and set an “equal weight” rating on the stock in a report on Tuesday. Robert W. Baird reduced their price target on SentinelOne from $30.00 to $28.00 and set an “outperform” rating on the stock in a report on Tuesday. Citigroup reduced 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. Finally, Needham & Company LLC reduced their price target on SentinelOne from $32.00 to $23.00 and set a “buy” rating on the stock in a report on Thursday. Seven investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $26.59.

SentinelOne Price Performance

NYSE:S opened at $18.56 on Thursday. The business has a 50 day simple moving average of $22.35 and a 200-day simple moving average of $24.02. SentinelOne has a 1 year low of $14.33 and a 1 year high of $29.29. The firm has a market capitalization of $5.96 billion, a price-to-earnings ratio of -19.74 and a beta of 0.78.

Insider Transactions at SentinelOne

In other SentinelOne news, CEO Tomer Weingarten sold 70,642 shares of SentinelOne stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $24.22, for a total transaction of $1,710,949.24. Following the completion of the sale, the chief executive officer now owns 939,726 shares of the company’s stock, valued at approximately $22,760,163.72. The trade was a 6.99 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Ric Smith sold 20,188 shares of the business’s stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $19.55, for a total value of $394,675.40. Following the sale, the insider now owns 508,930 shares in the company, valued at approximately $9,949,581.50. The trade was a 3.82 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 253,818 shares of company stock valued at $5,649,659 in the last quarter. 5.60% of the stock is currently owned by corporate insiders.

Institutional Trading of SentinelOne

Large investors have recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC grew its stake 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 purchasing an additional 556 shares during the last quarter. Avion Wealth purchased a new stake in shares of SentinelOne in the fourth quarter worth about $28,000. Crewe Advisors LLC purchased a new stake in shares of SentinelOne in the fourth quarter worth about $33,000. Arlington Trust Co LLC purchased a new stake in shares of SentinelOne in the fourth quarter worth about $33,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of SentinelOne in the fourth quarter worth about $38,000. Hedge funds and other 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.