SentinelOne (NYSE:S) Given a $21.00 Price Target by UBS Group Analysts

SentinelOne (NYSE:S - Get Free Report) has been assigned a $21.00 price objective by analysts at UBS Group in a report issued on Thursday, MarketBeat Ratings reports. The brokerage currently has a "neutral" rating on the stock. UBS Group's price target would indicate a potential upside of 6.01% from the company's previous close.

Several other equities research analysts also recently commented on S. Barclays reduced their price objective on SentinelOne from $24.00 to $22.00 and set an "equal weight" rating for the company in a report on Tuesday, March 11th. Piper Sandler reduced their price objective on SentinelOne from $32.00 to $28.00 and set an "overweight" rating for the company in a report on Thursday, March 13th. Guggenheim reiterated a "buy" rating and issued a $28.00 price objective on shares of SentinelOne in a report on Wednesday. Roth Capital set a $26.00 target price on SentinelOne and gave the stock a "buy" rating in a research report on Tuesday, April 22nd. Finally, Stephens began coverage on SentinelOne in a research report on Tuesday, April 1st. They issued an "overweight" rating and a $25.00 target price on the stock. Seven analysts have rated the stock with a hold rating, twenty have issued a buy rating and four have given a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $26.10.

SentinelOne Stock Performance

NYSE S opened at $19.81 on Thursday. SentinelOne has a one year low of $14.33 and a one year high of $29.29. The stock has a 50-day moving average of $18.57 and a 200 day moving average of $21.91. The company has a market capitalization of $6.53 billion, a price-to-earnings ratio of -21.07 and a beta of 0.81.

Insider Buying and Selling

In related news, insider Ric Smith sold 3,187 shares of the business's stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $18.54, for a total value of $59,086.98. Following the transaction, the insider now directly owns 1,058,025 shares of the company's stock, valued at approximately $19,615,783.50. The trade was a 0.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Barbara A. Larson sold 10,172 shares of the business's stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $19.77, for a total value of $201,100.44. Following the completion of the transaction, the chief financial officer now directly owns 473,223 shares in the company, valued at approximately $9,355,618.71. This represents a 2.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 432,498 shares of company stock valued at $8,136,199. Corporate insiders own 5.60% of the company's stock.

Institutional Trading of SentinelOne

A number of large investors have recently added to or reduced their stakes in S. Marshall Wace LLP increased its stake in SentinelOne by 715.4% in the 4th quarter. Marshall Wace LLP now owns 4,794,908 shares of the company's stock worth $106,447,000 after acquiring an additional 4,206,900 shares during the last quarter. Norges Bank bought a new stake in SentinelOne in the 4th quarter worth approximately $73,528,000. Point72 Asset Management L.P. bought a new stake in SentinelOne in the 4th quarter worth approximately $63,120,000. Massachusetts Financial Services Co. MA increased its stake in SentinelOne by 92.3% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 5,329,905 shares of the company's stock worth $96,898,000 after acquiring an additional 2,558,702 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in SentinelOne by 131.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,374,714 shares of the company's stock worth $79,532,000 after acquiring an additional 2,483,136 shares during the last quarter. Institutional investors own 90.87% of the company's stock.

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.