SentinelOne, Inc. (NYSE:S - Get Rating) has been assigned a consensus recommendation of "Buy" from the seventeen research firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $46.27.
S has been the topic of several recent research reports. Jefferies Financial Group initiated coverage on shares of SentinelOne in a research report on Monday, April 18th. They issued a "hold" rating and a $40.00 price target on the stock. Deutsche Bank Aktiengesellschaft decreased their price target on shares of SentinelOne from $63.00 to $35.00 and set a "buy" rating on the stock in a research report on Wednesday, March 16th. Wolfe Research initiated coverage on shares of SentinelOne in a research report on Monday, January 31st. They issued an "outperform" rating and a $52.00 price target on the stock. UBS Group cut their target price on shares of SentinelOne from $75.00 to $56.00 and set a "buy" rating on the stock in a research note on Wednesday, March 16th. Finally, BTIG Research reduced their target price on SentinelOne from $78.00 to $48.00 and set a "buy" rating for the company in a report on Wednesday, March 16th.
In related news, CTO Ric Smith sold 2,235 shares of the firm's stock in a transaction that occurred on Friday, May 6th. The stock was sold at an average price of $28.61, for a total transaction of $63,943.35. Following the completion of the transaction, the chief technology officer now owns 96,214 shares in the company, valued at approximately $2,752,682.54. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Keenan Michael Conder sold 1,716 shares of the firm's stock in a transaction that occurred on Monday, March 7th. The stock was sold at an average price of $37.50, for a total value of $64,350.00. The disclosure for this sale can be found here. Insiders sold a total of 1,576,545 shares of company stock valued at $55,009,239 in the last quarter. Corporate insiders own 0.39% of the company's stock.
Several institutional investors have recently bought and sold shares of the stock. Corsicana & Co. acquired a new stake in shares of SentinelOne in the fourth quarter valued at $25,000. Evoke Wealth LLC acquired a new stake in shares of SentinelOne in the fourth quarter valued at $29,000. KRS Capital Management LLC acquired a new stake in shares of SentinelOne in the fourth quarter valued at $35,000. Winch Advisory Services LLC increased its stake in shares of SentinelOne by 383.0% in the first quarter. Winch Advisory Services LLC now owns 937 shares of the company's stock valued at $36,000 after buying an additional 743 shares in the last quarter. Finally, AdvisorNet Financial Inc acquired a new stake in shares of SentinelOne in the fourth quarter valued at $38,000. Institutional investors and hedge funds own 69.51% of the company's stock.
Shares of NYSE S traded up $2.54 during mid-day trading on Friday, reaching $24.05. 9,404,595 shares of the company traded hands, compared to its average volume of 3,032,831. SentinelOne has a fifty-two week low of $18.64 and a fifty-two week high of $78.53. The company has a fifty day moving average of $34.56.
SentinelOne (NYSE:S - Get Rating) last posted its quarterly earnings data on Tuesday, March 15th. The company reported ($0.27) EPS for the quarter, beating analysts' consensus estimates of ($0.28) by $0.01. SentinelOne had a negative net margin of 132.37% and a negative return on equity of 22.36%. The business had revenue of $65.60 million for the quarter, compared to analyst estimates of $60.69 million. During the same quarter last year, the business earned ($1.00) earnings per share. The business's revenue for the quarter was up 119.4% on a year-over-year basis. Analysts forecast that SentinelOne will post -1.14 EPS for the current year.
SentinelOne Company Profile (Get Rating)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Before you consider SentinelOne, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SentinelOne wasn't on the list.
While SentinelOne currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The 5 Stocks Here
