SentinelOne, Inc. (NYSE:S) Receives $24.87 Average PT from Analysts

Shares of SentinelOne, Inc. (NYSE:S) have been given a consensus rating of “Moderate Buy” by the twenty-seven research firms that are covering the stock, MarketBeat Ratings reports. Eight analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two 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 $24.94.

S has been the subject of a number of analyst reports. Canaccord Genuity Group raised shares of SentinelOne from a “hold” rating to a “buy” rating and decreased their target price for the company from $28.00 to $23.00 in a research note on Tuesday, June 4th. Baird R W raised SentinelOne to a “strong-buy” rating in a research report on Monday, July 15th. Canaccord Genuity Group raised SentinelOne from a “hold” rating to a “buy” rating and dropped their target price for the stock from $28.00 to $23.00 in a report on Tuesday, June 4th. Barclays cut their target price on SentinelOne from $27.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Friday, May 31st. Finally, JPMorgan Chase & Co. lowered their price target on SentinelOne from $31.00 to $25.00 and set an “overweight” rating for the company in a research report on Friday, May 31st.

SentinelOne Trading Up 0.0 %

Shares of SentinelOne stock opened at $23.17 on Friday. SentinelOne has a 12-month low of $13.87 and a 12-month high of $30.76. The company has a market cap of $7.25 billion, a P/E ratio of -22.72 and a beta of 0.66. The company’s fifty day simple moving average is $20.68 and its two-hundred day simple moving average is $22.55.

SentinelOne (NYSE:S) last issued its quarterly earnings data on Thursday, May 30th. The company reported ($0.23) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.18). SentinelOne had a negative return on equity of 16.48% and a negative net margin of 44.79%. The company had revenue of $186.36 million during the quarter, compared to analysts’ expectations of $181.11 million. During the same quarter last year, the business earned ($0.35) earnings per share. The business’s quarterly revenue was up 39.7% on a year-over-year basis. Analysts predict that SentinelOne will post -0.73 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Ric Smith sold 24,467 shares of the company’s stock in a transaction dated Thursday, June 6th. The stock was sold at an average price of $17.30, for a total value of $423,279.10. Following the completion of the transaction, the insider now owns 666,419 shares of the company’s stock, valued at $11,529,048.70. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other SentinelOne news, CAO Robin Tomasello sold 5,022 shares of SentinelOne stock in a transaction on Thursday, June 6th. The shares were sold at an average price of $17.30, for a total value of $86,880.60. Following the sale, the chief accounting officer now directly owns 198,174 shares in the company, valued at approximately $3,428,410.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Ric Smith sold 24,467 shares of the business’s stock in a transaction on Thursday, June 6th. The stock was sold at an average price of $17.30, for a total transaction of $423,279.10. Following the completion of the sale, the insider now owns 666,419 shares in the company, valued at approximately $11,529,048.70. The disclosure for this sale can be found here. In the last quarter, insiders sold 610,851 shares of company stock valued at $12,036,747. Company insiders own 5.60% of the company’s stock.

Institutional Trading of SentinelOne

Hedge funds have recently modified their holdings of the company. International Assets Investment Management LLC increased its holdings in shares of SentinelOne by 1,811.2% in the 4th quarter. International Assets Investment Management LLC now owns 37,785 shares of the company’s stock worth $1,037,000 after buying an additional 35,808 shares during the last quarter. Strs Ohio bought a new stake in SentinelOne during the fourth quarter worth approximately $814,000. Bison Wealth LLC purchased a new stake in SentinelOne during the fourth quarter valued at approximately $228,000. Flynn Zito Capital Management LLC bought a new stake in shares of SentinelOne in the 4th quarter valued at approximately $314,000. Finally, Sigma Planning Corp purchased a new position in shares of SentinelOne in the 4th quarter worth approximately $236,000. 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.