SentinelOne, Inc. (NYSE:S) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of SentinelOne, Inc. (NYSE:S) have been assigned a consensus rating of “Moderate Buy” from the twenty-eight analysts that are currently covering the stock, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold recommendation, nineteen have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $29.56.

S has been the topic of a number of research analyst reports. Cantor Fitzgerald initiated coverage on SentinelOne in a research note on Thursday, January 9th. They issued an “overweight” rating and a $30.00 price target on the stock. Piper Sandler raised shares of SentinelOne from a “neutral” rating to an “overweight” rating and upped their target price for the company from $25.00 to $32.00 in a research report on Monday, October 14th. Scotiabank lifted their price target on shares of SentinelOne from $25.00 to $26.00 and gave the company a “sector perform” rating in a research report on Thursday, December 5th. Needham & Company LLC reissued a “buy” rating and issued a $32.00 price target on shares of SentinelOne in a research note on Thursday, December 5th. Finally, DA Davidson increased their price objective on shares of SentinelOne from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th.

SentinelOne Price Performance

Shares of S stock opened at $23.84 on Friday. SentinelOne has a twelve month low of $14.33 and a twelve month high of $30.76. The company’s 50-day moving average price is $23.49 and its 200-day moving average price is $24.19.

SentinelOne (NYSE:S) last announced its quarterly earnings results on Wednesday, December 4th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). SentinelOne had a negative return on equity of 15.80% and a negative net margin of 37.61%. The firm had revenue of $210.60 million for the quarter, compared to analyst estimates of $209.73 million. During the same quarter in the prior year, the business earned ($0.21) EPS. The firm’s quarterly revenue was up 28.3% on a year-over-year basis. Equities research analysts forecast that SentinelOne will post -0.76 earnings per share for the current year.

Insider Buying and Selling at SentinelOne

In other SentinelOne news, insider Ric Smith sold 14,583 shares of the company’s stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $22.75, for a total value of $331,763.25. Following the completion of the transaction, the insider now owns 531,459 shares in the company, valued at $12,090,692.25. This represents a 2.67 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Tomer Weingarten sold 70,655 shares of SentinelOne stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $27.63, for a total value of $1,952,197.65. Following the sale, the chief executive officer now owns 1,019,541 shares in the company, valued at $28,169,917.83. This trade represents a 6.48 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 344,835 shares of company stock worth $8,365,183 over the last ninety days. Corporate insiders own 5.60% of the company’s stock.

Institutional Trading of SentinelOne

Large investors have recently made changes to their positions in the company. Waldron Private Wealth LLC acquired a new stake in shares of SentinelOne during the third quarter worth about $26,000. Smartleaf Asset Management LLC increased its position in SentinelOne by 86.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock valued at $27,000 after acquiring an additional 556 shares during the period. Avion Wealth purchased a new stake in SentinelOne during the 4th quarter valued at approximately $28,000. Crewe Advisors LLC acquired a new stake in SentinelOne during the 4th quarter worth approximately $33,000. Finally, Arlington Trust Co LLC purchased a new position in shares of SentinelOne in the 4th quarter valued at approximately $33,000. 90.87% of the stock is owned by institutional investors and hedge funds.

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.