SentinelOne (NYSE:S) Now Covered by Stephens

Stephens began coverage on shares of SentinelOne (NYSE:S) in a report published on Tuesday morning, Marketbeat reports. The brokerage issued an overweight rating and a $25.00 target price on the stock.

A number of other research firms also recently weighed in on S. Susquehanna decreased their target price on shares of SentinelOne from $30.00 to $25.00 and set a “positive” rating for the company in a research report on Thursday, March 13th. Bank of America decreased their price objective on shares of SentinelOne from $29.00 to $24.00 and set a “buy” rating for the company in a research report on Thursday, March 13th. Oppenheimer assumed coverage on shares of SentinelOne in a research note on Wednesday, January 15th. They set an “outperform” rating and a $32.00 target price for the company. Citigroup cut their price target on shares of SentinelOne from $28.00 to $27.00 and set a “neutral” rating on the stock in a research report on Friday, January 17th. Finally, Sanford C. Bernstein lowered their price objective on SentinelOne from $32.00 to $30.00 and set an “outperform” rating for the company in a research report on Thursday, December 5th. Seven analysts have rated the stock with a hold rating, twenty have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, SentinelOne has an average rating of “Moderate Buy” and a consensus price target of $26.21.

SentinelOne Price Performance

S opened at $18.60 on Tuesday. SentinelOne has a fifty-two week low of $14.33 and a fifty-two week high of $29.29. The company’s 50 day moving average price is $21.54 and its two-hundred day moving average price is $23.68. The firm has a market capitalization of $5.98 billion, a price-to-earnings ratio of -19.78 and a beta of 0.78.

Insider Buying and Selling at SentinelOne

In other SentinelOne news, insider Ric Smith sold 31,659 shares of SentinelOne stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $19.10, for a total transaction of $604,686.90. Following the completion of the transaction, the insider now owns 477,271 shares of the company’s stock, valued at $9,115,876.10. The trade was a 6.22 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Tomer Weingarten sold 81,619 shares of the stock in a transaction dated 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 in the company, valued at approximately $17,229,287.46. The trade was a 8.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 455,855 shares of company stock valued at $9,528,052 over the last three months. 5.60% of the stock is currently owned by insiders.

Institutional Investors Weigh In On SentinelOne

Several large investors have recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC raised its stake in SentinelOne by 86.6% in the fourth 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 in the last quarter. Avion Wealth bought a new position in shares of SentinelOne in the 4th quarter worth $28,000. Crewe Advisors LLC purchased a new stake in shares of SentinelOne during the 4th quarter valued at $33,000. Arlington Trust Co LLC bought a new stake in shares of SentinelOne during the 4th quarter worth $33,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in SentinelOne during the fourth quarter worth about $38,000. Institutional investors own 90.87% of the company’s stock.

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.