SentinelOne, Inc. (NYSE:S) Given Average Rating of "Moderate Buy" by Analysts

Shares of SentinelOne, Inc. (NYSE:S - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the thirty-one research firms that are covering the company, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating, twenty have issued a buy rating and four have issued a strong buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $26.13.

Several equities research analysts have recently weighed in on S shares. Stephens began coverage on SentinelOne in a research report on Tuesday, April 1st. They issued an "overweight" rating and a $25.00 target price for the company. Westpark Capital lowered their price objective on shares of SentinelOne from $34.00 to $31.00 and set a "buy" rating for the company in a research report on Tuesday, March 11th. UBS Group reduced their target price 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. Needham & Company LLC lowered their price target on shares of SentinelOne from $32.00 to $23.00 and set a "buy" rating for the company in a report on Thursday, March 13th. Finally, Bank of America dropped their price target on shares of SentinelOne from $29.00 to $24.00 and set a "buy" rating on the stock in a research note on Thursday, March 13th.

Insider Buying and Selling at SentinelOne

In other SentinelOne news, insider Ric Smith sold 14,584 shares of the firm's stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $20.96, for a total value of $305,680.64. Following the sale, the insider now owns 529,118 shares in the company, valued at approximately $11,090,313.28. This trade represents a 2.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Tomer Weingarten sold 60,864 shares of SentinelOne stock in a transaction that occurred on Tuesday, April 22nd. The shares were sold at an average price of $16.33, for a total value of $993,909.12. Following the sale, the chief executive officer now directly owns 1,581,396 shares in the company, valued at approximately $25,824,196.68. This trade represents a 3.71% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 432,498 shares of company stock worth $8,136,199 over the last ninety days. Company insiders own 5.60% of the company's stock.

Hedge Funds Weigh In On SentinelOne

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Carnegie Investment Counsel purchased a new stake in shares of SentinelOne during the fourth quarter valued at $7,167,000. Franklin Resources Inc. increased its stake in SentinelOne by 5.5% in the 3rd quarter. Franklin Resources Inc. now owns 26,424 shares of the company's stock worth $698,000 after purchasing an additional 1,366 shares in the last quarter. SG Americas Securities LLC raised its holdings in SentinelOne by 74.8% during the 4th quarter. SG Americas Securities LLC now owns 57,142 shares of the company's stock worth $1,269,000 after buying an additional 24,453 shares during the period. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT lifted its stake in SentinelOne by 130.0% during the fourth quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 230,000 shares of the company's stock valued at $5,106,000 after buying an additional 130,000 shares in the last quarter. Finally, US Bancorp DE lifted its stake in SentinelOne by 26.4% during the fourth quarter. US Bancorp DE now owns 49,873 shares of the company's stock valued at $1,107,000 after buying an additional 10,413 shares in the last quarter. Institutional investors own 90.87% of the company's stock.

SentinelOne Stock Performance

SentinelOne stock traded up $0.06 during trading on Friday, reaching $20.05. 4,593,643 shares of the company's stock were exchanged, compared to its average volume of 5,015,502. SentinelOne has a 52-week low of $14.33 and a 52-week high of $29.29. The firm has a market cap of $6.61 billion, a price-to-earnings ratio of -21.33 and a beta of 0.81. The company's 50-day moving average is $18.54 and its two-hundred day moving average is $21.97.

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.