SentinelOne (NYSE:S) Coverage Initiated by Analysts at Stephens

Equities research analysts at Stephens initiated coverage on shares of SentinelOne (NYSE:S) in a research report issued to clients and investors on Tuesday. The brokerage set an “overweight” rating and a $25.00 price target on the stock. Stephens’ target price would suggest a potential upside of 36.79% from the stock’s previous close.

S has been the subject of a number of other reports. Sanford C. Bernstein decreased their price objective on SentinelOne from $32.00 to $30.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. Piper Sandler decreased their target price on SentinelOne from $32.00 to $28.00 and set an “overweight” rating for the company in a research report on Thursday, March 13th. UBS Group cut their price target on shares of SentinelOne from $25.00 to $19.00 and set a “neutral” rating on the stock in a research report on Thursday, March 13th. Wells Fargo & Company decreased their price objective on shares of SentinelOne from $30.00 to $22.00 and set an “overweight” rating for the company in a report on Thursday, March 13th. Finally, JPMorgan Chase & Co. cut their target price on shares of SentinelOne from $33.00 to $27.00 and set an “overweight” rating on the stock in a report on Monday, March 10th. Seven equities research analysts have rated the stock with a hold rating, twenty have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $26.21.

SentinelOne Stock Up 0.5 %

S stock traded up $0.10 during midday trading on Tuesday, reaching $18.28. The stock had a trading volume of 224,789 shares, compared to its average volume of 4,876,692. The firm has a market cap of $5.87 billion, a price-to-earnings ratio of -19.39 and a beta of 0.78. The business has a fifty day simple moving average of $21.62 and a two-hundred day simple moving average of $23.71. SentinelOne has a twelve month low of $14.33 and a twelve month high of $29.29.

Insider Activity

In other news, CEO Tomer Weingarten sold 60,864 shares of SentinelOne stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $22.52, for a total value of $1,370,657.28. Following the completion of the transaction, the chief executive officer now directly owns 959,682 shares of the company’s stock, valued at approximately $21,612,038.64. This trade represents a 5.96 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Ric Smith sold 31,659 shares of the stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $19.10, for a total transaction of $604,686.90. Following the transaction, the insider now directly owns 477,271 shares in the company, valued at approximately $9,115,876.10. This represents a 6.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 455,855 shares of company stock worth $9,528,052. 5.60% of the stock is currently owned by corporate insiders.

Institutional Trading of SentinelOne

Several hedge funds have recently bought and sold shares of S. Smartleaf Asset Management LLC raised its holdings in SentinelOne by 86.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock worth $27,000 after buying an additional 556 shares during the last quarter. Avion Wealth acquired a new position in SentinelOne during the 4th quarter valued at about $28,000. Crewe Advisors LLC bought a new stake in SentinelOne during the 4th quarter worth approximately $33,000. Arlington Trust Co LLC purchased a new stake in shares of SentinelOne in the fourth quarter worth approximately $33,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in shares of SentinelOne in the fourth quarter valued at approximately $38,000. Institutional investors and hedge funds 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.