SentinelOne, Inc. (NYSE:S) Receives Consensus Rating of "Moderate Buy" from Analysts

Shares of SentinelOne, Inc. (NYSE:S - Get Free Report) have received an average rating of "Moderate Buy" from the thirty-one analysts that are covering the firm, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold recommendation, twenty have assigned a buy recommendation and four have assigned a strong buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $26.13.

Several research analysts have recently issued reports on the company. Barclays decreased their price target on SentinelOne from $24.00 to $22.00 and set an "equal weight" rating for the company in a research note on Tuesday, March 11th. Citigroup decreased their target price on SentinelOne from $28.00 to $27.00 and set a "neutral" rating for the company in a research note on Friday, January 17th. Canaccord Genuity Group decreased their target price on SentinelOne from $30.00 to $26.00 and set a "buy" rating for the company in a research note on Thursday, March 13th. Needham & Company LLC decreased their target price on SentinelOne from $32.00 to $23.00 and set a "buy" rating for the company in a research note on Thursday, March 13th. Finally, Robert W. Baird decreased their target price on SentinelOne from $30.00 to $28.00 and set an "outperform" rating for the company in a research note on Tuesday, March 11th.

SentinelOne Stock Performance

Shares of NYSE:S traded up $0.04 on Wednesday, hitting $18.46. The company's stock had a trading volume of 4,796,009 shares, compared to its average volume of 4,992,368. SentinelOne has a 12 month low of $14.33 and a 12 month high of $29.29. The company has a market capitalization of $6.09 billion, a price-to-earnings ratio of -19.64 and a beta of 0.82. The stock's 50-day moving average is $18.80 and its two-hundred day moving average is $22.69.

Insider Buying and Selling at SentinelOne

In other news, insider Ric Smith sold 10,624 shares of the business's stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $19.77, for a total value of $210,036.48. Following the completion of the sale, the insider now directly owns 488,122 shares in the company, valued at approximately $9,650,171.94. The trade was a 2.13 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Tomer Weingarten sold 60,864 shares of the business's stock in a transaction on Thursday, April 24th. The stock was sold at an average price of $17.82, for a total transaction of $1,084,596.48. Following the completion of the sale, the chief executive officer now owns 1,581,396 shares of the company's stock, valued at $28,180,476.72. The trade was a 3.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 502,136 shares of company stock worth $9,896,262 over the last ninety days. 5.60% of the stock is currently owned by insiders.

Institutional Trading of SentinelOne

A number of institutional investors and hedge funds have recently modified their holdings of the company. Guggenheim Capital LLC increased its position in SentinelOne by 1.4% during the fourth quarter. Guggenheim Capital LLC now owns 34,396 shares of the company's stock worth $764,000 after acquiring an additional 478 shares during the period. Smartleaf Asset Management LLC increased its position 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 acquiring an additional 556 shares during the period. Laird Norton Wetherby Wealth Management LLC increased its position in SentinelOne by 4.6% during the fourth quarter. Laird Norton Wetherby Wealth Management LLC now owns 16,425 shares of the company's stock worth $365,000 after acquiring an additional 724 shares during the period. Parallel Advisors LLC increased its holdings in SentinelOne by 94.0% in the 1st quarter. Parallel Advisors LLC now owns 1,944 shares of the company's stock valued at $35,000 after buying an additional 942 shares during the period. Finally, Legato Capital Management LLC increased its holdings in SentinelOne by 8.1% in the 4th quarter. Legato Capital Management LLC now owns 13,682 shares of the company's stock valued at $304,000 after buying an additional 1,022 shares during the period. 90.87% of the stock is currently owned by institutional investors and hedge funds.

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.