SentinelOne (NYSE:S) Upgraded at Deutsche Bank Aktiengesellschaft

SentinelOne (NYSE:S) was upgraded by equities research analysts at Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report issued on Tuesday,Finviz reports. The firm presently has a $32.00 price objective on the stock, up from their prior price objective of $25.00. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 17.73% from the company’s previous close.

S has been the topic of a number of other research reports. Citigroup raised their target price on shares of SentinelOne from $20.00 to $25.00 and gave the company a “neutral” rating in a research report on Wednesday, August 28th. Robert W. Baird upped their price target on SentinelOne from $29.00 to $30.00 and gave the stock an “outperform” rating in a research note on Friday, October 18th. BTIG Research increased their price objective on shares of SentinelOne from $28.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, August 28th. Loop Capital lifted their price objective on SentinelOne from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, August 28th. Finally, Barclays upped their price target on shares of SentinelOne from $28.00 to $30.00 and gave the stock an “equal weight” rating in a report on Thursday, October 17th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, nineteen have issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $28.73.

SentinelOne Price Performance

NYSE S opened at $27.18 on Tuesday. The firm has a market cap of $8.62 billion, a P/E ratio of -29.23 and a beta of 0.65. SentinelOne has a fifty-two week low of $14.33 and a fifty-two week high of $30.76. The stock’s 50-day moving average is $24.76 and its two-hundred day moving average is $22.40.

SentinelOne (NYSE:S) last announced its earnings results on Tuesday, August 27th. The company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $198.94 million during the quarter, compared to analysts’ expectations of $197.32 million. SentinelOne had a negative net margin of 38.91% and a negative return on equity of 15.42%. The firm’s revenue for the quarter was up 33.1% on a year-over-year basis. During the same quarter last year, the company posted ($0.26) EPS. On average, equities analysts expect that SentinelOne will post -0.73 EPS for the current year.

Insiders Place Their Bets

In related news, insider Ric Smith sold 14,584 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $22.99, for a total value of $335,286.16. Following the completion of the transaction, the insider now owns 636,699 shares of the company’s stock, valued at approximately $14,637,710.01. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, CFO David J. Bernhardt sold 11,061 shares of the stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $22.80, for a total transaction of $252,190.80. Following the sale, the chief financial officer now directly owns 489,003 shares in the company, valued at approximately $11,149,268.40. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ric Smith sold 14,584 shares of the stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $22.99, for a total value of $335,286.16. Following the completion of the transaction, the insider now directly owns 636,699 shares of the company’s stock, valued at $14,637,710.01. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 361,470 shares of company stock worth $8,415,537. Corporate insiders own 5.60% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC lifted its position in shares of SentinelOne by 85.0% during the 1st quarter. SG Americas Securities LLC now owns 14,811 shares of the company’s stock worth $345,000 after purchasing an additional 6,805 shares during the last quarter. Oppenheimer & Co. Inc. increased its position in SentinelOne by 10.7% in the 1st quarter. Oppenheimer & Co. Inc. now owns 25,871 shares of the company’s stock valued at $603,000 after acquiring an additional 2,498 shares in the last quarter. Swiss National Bank increased its stake in shares of SentinelOne by 2.9% in the 1st quarter. Swiss National Bank now owns 466,600 shares of the company’s stock valued at $10,876,000 after buying an additional 13,200 shares during the period. Sei Investments Co. boosted its stake in shares of SentinelOne by 41.8% in the 1st quarter. Sei Investments Co. now owns 132,105 shares of the company’s stock valued at $3,079,000 after purchasing an additional 38,967 shares during the last quarter. Finally, Qsemble Capital Management LP acquired a new stake in SentinelOne during the 1st quarter worth $370,000. 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.