SentinelOne (NYSE:S) Upgraded by Stephens to Strong-Buy Rating

SentinelOne (NYSE:S) was upgraded by Stephens to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

S has been the subject of several other reports. UBS Group reduced their target price on shares of SentinelOne from $25.00 to $19.00 and set a “neutral” rating for the company in a report on Thursday, March 13th. Robert W. Baird reduced their price objective on shares of SentinelOne from $30.00 to $28.00 and set an “outperform” rating for the company in a research note on Tuesday, March 11th. JPMorgan Chase & Co. lowered their target price on shares of SentinelOne from $33.00 to $27.00 and set an “overweight” rating on the stock in a research note on Monday, March 10th. Morgan Stanley started coverage on SentinelOne in a research note on Tuesday, March 18th. They issued an “equal weight” rating and a $20.00 price target for the company. Finally, Cantor Fitzgerald decreased their price target on SentinelOne from $30.00 to $24.00 and set an “overweight” rating on the stock in a report on Thursday, March 13th. Seven equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $26.21.

SentinelOne Stock Up 2.3 %

Shares of S opened at $18.60 on Monday. The business has a 50-day simple moving average of $21.54 and a two-hundred day simple moving average of $23.68. SentinelOne has a 52 week low of $14.33 and a 52 week high of $29.29. The stock has a market cap of $5.98 billion, a price-to-earnings ratio of -19.78 and a beta of 0.78.

Insider Buying and Selling at SentinelOne

In other news, CEO Tomer Weingarten sold 70,642 shares of the firm’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $24.22, for a total value of $1,710,949.24. Following the sale, the chief executive officer now directly owns 939,726 shares in the company, valued at approximately $22,760,163.72. This trade represents a 6.99 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Ric Smith sold 2,341 shares of the business’s stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $23.95, for a total transaction of $56,066.95. Following the transaction, the insider now owns 529,118 shares of the company’s stock, valued at approximately $12,672,376.10. This trade represents a 0.44 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 455,855 shares of company stock valued at $9,528,052. Company insiders own 5.60% of the company’s stock.

Institutional Trading of SentinelOne

A number of institutional investors have recently made changes to their positions in S. Wellington Management Group LLP increased its position in SentinelOne by 27.9% during the 4th quarter. Wellington Management Group LLP now owns 1,443,286 shares of the company’s stock valued at $32,041,000 after buying an additional 314,506 shares in the last quarter. California State Teachers Retirement System increased its holdings in shares of SentinelOne by 0.5% during the fourth quarter. California State Teachers Retirement System now owns 259,147 shares of the company’s stock valued at $5,753,000 after acquiring an additional 1,210 shares in the last quarter. Sylebra Capital LLC raised its position in shares of SentinelOne by 6.2% in the 4th quarter. Sylebra Capital LLC now owns 9,613,281 shares of the company’s stock valued at $213,415,000 after purchasing an additional 564,327 shares during the last quarter. Brooklyn FI LLC boosted its stake in SentinelOne by 1,688.9% in the 4th quarter. Brooklyn FI LLC now owns 161,000 shares of the company’s stock worth $3,574,000 after purchasing an additional 152,000 shares in the last quarter. Finally, Sunbelt Securities Inc. purchased a new stake in SentinelOne during the 4th quarter worth approximately $97,000. 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.