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

SentinelOne, Inc. (NYSE:S - Get Free Report) has been given an average rating of "Moderate Buy" by the thirty analysts that are currently covering the company, MarketBeat Ratings reports. Ten equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and three have issued a strong buy rating on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $24.83.

S has been the topic of several analyst reports. Piper Sandler cut their price target on shares of SentinelOne from $32.00 to $28.00 and set an "overweight" rating on the stock in a report on Thursday, March 13th. Barclays cut their target price on SentinelOne from $21.00 to $19.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 29th. Guggenheim reaffirmed a "buy" rating and set a $28.00 target price on shares of SentinelOne in a report on Wednesday, May 21st. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $19.00 price objective (down from $22.00) on shares of SentinelOne in a report on Thursday, May 29th. Finally, UBS Group reduced their target price on shares of SentinelOne from $21.00 to $19.00 and set a "neutral" rating for the company in a research report on Thursday, May 29th.

SentinelOne Stock Performance

NYSE S traded down $0.05 on Thursday, hitting $17.91. The stock had a trading volume of 13,458,689 shares, compared to its average volume of 5,103,319. SentinelOne has a 52-week low of $15.36 and a 52-week high of $29.29. The company has a market capitalization of $5.90 billion, a price-to-earnings ratio of -19.05 and a beta of 0.77. The firm has a 50-day moving average of $18.41 and a 200-day moving average of $21.06.

SentinelOne (NYSE:S - Get Free Report) last released its earnings results on Wednesday, May 28th. The company reported $0.02 EPS for the quarter, meeting analysts' consensus estimates of $0.02. SentinelOne had a negative return on equity of 15.80% and a negative net margin of 37.61%. The company had revenue of $229.03 million during the quarter, compared to analysts' expectations of $228.39 million. The company's revenue was up 22.9% on a year-over-year basis. As a group, research analysts anticipate that SentinelOne will post -0.76 earnings per share for the current fiscal year.

Insider Buying and Selling at SentinelOne

In other news, CFO Barbara A. Larson sold 10,172 shares of the business's stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $19.77, for a total transaction of $201,100.44. Following the completion of the transaction, the chief financial officer now directly owns 473,223 shares of the company's stock, valued at $9,355,618.71. The trade was a 2.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ric Smith sold 31,659 shares of the firm's stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $19.10, for a total value of $604,686.90. Following the completion of 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. Insiders have sold a total of 413,967 shares of company stock worth $7,674,963 over the last ninety days. 4.33% of the stock is currently owned by company insiders.

Institutional Trading of SentinelOne

Hedge funds have recently modified their holdings of the company. CENTRAL TRUST Co purchased a new stake in SentinelOne in the 1st quarter worth approximately $26,000. Smartleaf Asset Management LLC boosted its stake in shares of SentinelOne by 86.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company's stock valued at $27,000 after purchasing an additional 556 shares during the period. Avion Wealth purchased a new stake in SentinelOne during the 4th quarter worth about $28,000. Parallel Advisors LLC lifted its holdings in SentinelOne by 94.0% during the 1st quarter. Parallel Advisors LLC now owns 1,944 shares of the company's stock worth $35,000 after buying an additional 942 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in shares of SentinelOne by 513.3% in the 1st quarter. GAMMA Investing LLC now owns 1,938 shares of the company's stock valued at $35,000 after buying an additional 1,622 shares during the last quarter. 90.87% of the stock is owned by hedge funds and other institutional investors.

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.