SentinelOne (NYSE:S) Given New $25.00 Price Target at Sanford C. Bernstein

SentinelOne (NYSE:S - Free Report) had its price objective cut by Sanford C. Bernstein from $27.00 to $25.00 in a report published on Thursday morning,Benzinga reports. They currently have an outperform rating on the stock.

S has been the topic of a number of other research reports. Scotiabank lowered their target price on SentinelOne from $26.00 to $19.00 and set a "sector perform" rating on the stock in a research note on Thursday, March 13th. Barclays lowered their target price on SentinelOne from $24.00 to $22.00 and set an "equal weight" rating on the stock in a research note on Tuesday, March 11th. Roth Capital set a $26.00 target price on SentinelOne and gave the stock a "buy" rating in a research note on Tuesday, April 22nd. Canaccord Genuity Group lowered their target price on SentinelOne from $30.00 to $26.00 and set a "buy" rating on the stock in a research note on Thursday, March 13th. Finally, Jefferies Financial Group lowered their price target on SentinelOne from $25.00 to $23.00 and set a "buy" rating on the stock in a research report on Monday, March 31st. Ten research analysts have rated the stock with a hold rating, eighteen have given a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat, SentinelOne has a consensus rating of "Moderate Buy" and an average target price of $24.77.

SentinelOne Stock Up 1.6%

Shares of S traded up $0.27 during mid-day trading on Thursday, reaching $17.66. The company had a trading volume of 9,093,528 shares, compared to its average volume of 5,141,173. SentinelOne has a 52-week low of $14.33 and a 52-week high of $29.29. The stock has a market capitalization of $5.82 billion, a P/E ratio of -18.79 and a beta of 0.81. The stock has a 50 day moving average of $18.50 and a two-hundred day moving average of $21.58.

SentinelOne (NYSE:S - Get Free Report) last issued its earnings results on Wednesday, May 28th. The company reported $0.02 EPS for the quarter, hitting 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 firm had revenue of $229.03 million for the quarter, compared to the consensus estimate of $228.39 million. The company's revenue was up 22.9% compared to the same quarter last year. On average, sell-side analysts expect that SentinelOne will post -0.76 earnings per share for the current year.

Insider Activity at SentinelOne

In related news, CEO Tomer Weingarten sold 39,477 shares of the stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $19.55, for a total value of $771,775.35. Following the completion of the sale, the chief executive officer now owns 900,249 shares of the company's stock, valued at approximately $17,599,867.95. This trade represents a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Robin Tomasello sold 6,378 shares of the stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $19.55, for a total value of $124,689.90. Following the completion of the sale, the chief accounting officer now directly owns 230,685 shares of the company's stock, valued at approximately $4,509,891.75. This represents a 2.69% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 417,914 shares of company stock valued at $7,830,519. 4.33% of the stock is currently owned by insiders.

Institutional Investors Weigh In On SentinelOne

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. CENTRAL TRUST Co acquired a new stake in SentinelOne during the first quarter worth $26,000. Smartleaf Asset Management LLC increased its stake 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 last quarter. Avion Wealth acquired a new stake in SentinelOne during the fourth quarter worth $28,000. Arlington Trust Co LLC acquired a new stake in SentinelOne during the fourth quarter worth $33,000. Finally, Crewe Advisors LLC acquired a new stake in SentinelOne during the fourth quarter worth $33,000. Institutional investors and hedge funds own 90.87% of the company's stock.

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.