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

SentinelOne, Inc. (NYSE:S – Get Rating) has been assigned an average recommendation of “Hold” from the twenty-six research firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and nine have given a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $21.00.

S has been the topic of several analyst reports. JMP Securities reduced their price objective on SentinelOne from $36.00 to $26.00 and set a “market outperform” rating on the stock in a research note on Wednesday, March 15th. Guggenheim reissued a “buy” rating and set a $18.00 target price on shares of SentinelOne in a research note on Wednesday, March 15th. Citigroup lowered their price target on SentinelOne from $17.00 to $16.00 and set a “neutral” rating on the stock in a report on Friday, March 17th. Piper Sandler upped their price objective on SentinelOne from $16.00 to $18.00 in a research report on Wednesday, March 15th. Finally, Stephens initiated coverage on shares of SentinelOne in a research note on Thursday, April 20th. They issued an “overweight” rating and a $22.00 target price for the company.

SentinelOne Stock Down 0.5 %

Shares of NYSE S opened at $19.02 on Wednesday. The company’s 50-day simple moving average is $16.75 and its 200-day simple moving average is $15.76. The firm has a market cap of $5.49 billion, a price-to-earnings ratio of -13.99 and a beta of 0.52. SentinelOne has a 52-week low of $12.69 and a 52-week high of $30.00.

SentinelOne (NYSE:S – Get Rating) last posted its earnings results on Tuesday, March 14th. The company reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.03. SentinelOne had a negative net margin of 89.70% and a negative return on equity of 21.15%. The company had revenue of $126.10 million for the quarter, compared to analyst estimates of $124.69 million. During the same period in the previous year, the business posted ($0.27) EPS. SentinelOne’s revenue was up 92.1% on a year-over-year basis. Equities research analysts anticipate that SentinelOne will post -1.18 EPS for the current fiscal year.

Insider Transactions at SentinelOne

In other SentinelOne news, CEO Tomer Weingarten sold 12,468 shares of SentinelOne stock in a transaction on Tuesday, April 18th. The shares were sold at an average price of $17.89, for a total value of $223,052.52. Following the sale, the chief executive officer now directly owns 932,496 shares in the company, valued at approximately $16,682,353.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, CFO David J. Bernhardt sold 1,538 shares of the stock in a transaction on Wednesday, May 10th. The stock was sold at an average price of $17.66, for a total transaction of $27,161.08. Following the sale, the chief financial officer now directly owns 388,572 shares of the company’s stock, valued at approximately $6,862,181.52. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Tomer Weingarten sold 12,468 shares of the firm’s stock in a transaction on Tuesday, April 18th. The shares were sold at an average price of $17.89, for a total value of $223,052.52. Following the completion of the sale, the chief executive officer now directly owns 932,496 shares in the company, valued at approximately $16,682,353.44. The disclosure for this sale can be found here. Insiders have sold a total of 360,785 shares of company stock valued at $5,854,733 over the last 90 days. 5.93% of the stock is owned by company insiders.

Institutional Investors Weigh In On SentinelOne

Several hedge funds have recently added to or reduced their stakes in the business. MetLife Investment Management LLC increased its stake in shares of SentinelOne by 7.6% during the 3rd quarter. MetLife Investment Management LLC now owns 9,192 shares of the company’s stock worth $235,000 after purchasing an additional 648 shares during the last quarter. Commonwealth Equity Services LLC grew its position in shares of SentinelOne by 3.8% during the 1st quarter. Commonwealth Equity Services LLC now owns 18,039 shares of the company’s stock valued at $295,000 after purchasing an additional 653 shares in the last quarter. Sei Investments Co. grew its position in shares of SentinelOne by 1.0% during the 4th quarter. Sei Investments Co. now owns 72,447 shares of the company’s stock valued at $1,057,000 after purchasing an additional 723 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its holdings in shares of SentinelOne by 11.1% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 7,314 shares of the company’s stock worth $107,000 after purchasing an additional 728 shares in the last quarter. Finally, CI Investments Inc. grew its position in SentinelOne by 6.4% in the third quarter. CI Investments Inc. now owns 12,401 shares of the company’s stock worth $317,000 after acquiring an additional 748 shares in the last quarter. 79.18% of the stock is currently owned by institutional investors and hedge funds.

About SentinelOne

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SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. The company's Extended Detection and Response (XDR) data stack that fuses together the data, access, control, and integration planes of endpoint protection platform, endpoint detection and response, cloud workload protection platform, and IoT security into a centralized platform.