SentinelOne, Inc. (NYSE:S) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of SentinelOne, Inc. (NYSE:S) have been assigned an average recommendation of “Moderate Buy” from the twenty-eight ratings firms that are currently covering the company, MarketBeat Ratings reports. Seven analysts have rated the stock with a hold recommendation, nineteen have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $29.48.

Several equities analysts have commented on S shares. Sanford C. Bernstein lowered their target price on shares of SentinelOne from $32.00 to $30.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft upgraded shares of SentinelOne from a “hold” rating to a “buy” rating and upped their price target for the company from $25.00 to $32.00 in a report on Tuesday, November 12th. Citigroup decreased their price target on shares of SentinelOne from $28.00 to $27.00 and set a “neutral” rating for the company in a report on Friday, January 17th. Oppenheimer started coverage on shares of SentinelOne in a report on Wednesday, January 15th. They set an “outperform” rating and a $32.00 price target for the company. Finally, Morgan Stanley decreased their price target on shares of SentinelOne from $29.00 to $27.00 and set an “equal weight” rating for the company in a report on Wednesday, February 19th.

SentinelOne Price Performance

SentinelOne stock opened at $20.15 on Tuesday. The company has a market capitalization of $6.48 billion, a price-to-earnings ratio of -21.44 and a beta of 0.75. SentinelOne has a one year low of $14.33 and a one year high of $29.29. The company’s fifty day moving average price is $22.92 and its two-hundred day moving average price is $24.32.

SentinelOne (NYSE:S) last posted its earnings results on Wednesday, December 4th. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.22). The business had revenue of $210.60 million for the quarter, compared to analyst estimates of $209.73 million. SentinelOne had a negative return on equity of 15.80% and a negative net margin of 37.61%. The company’s quarterly revenue was up 28.3% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.21) earnings per share. As a group, sell-side analysts anticipate that SentinelOne will post -0.76 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Ric Smith sold 14,584 shares of the firm’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $20.96, for a total transaction of $305,680.64. Following the completion of the sale, the insider now owns 529,118 shares of the company’s stock, valued at approximately $11,090,313.28. This trade represents a 2.68 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Tomer Weingarten sold 82,116 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $23.61, for a total transaction of $1,938,758.76. Following the sale, the chief executive officer now directly owns 959,682 shares of the company’s stock, valued at approximately $22,658,092.02. The trade was a 7.88 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 371,925 shares of company stock valued at $8,729,445 over the last quarter. Corporate insiders own 5.60% of the company’s stock.

Institutional Trading of SentinelOne

Several hedge funds have recently modified their holdings of the company. Guggenheim Capital LLC increased its holdings in shares of SentinelOne by 1.4% during the fourth quarter. Guggenheim Capital LLC now owns 34,396 shares of the company’s stock worth $764,000 after buying an additional 478 shares in the last quarter. Smartleaf Asset Management LLC raised its position in SentinelOne by 86.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock worth $27,000 after purchasing an additional 556 shares during the last quarter. Laird Norton Wetherby Wealth Management LLC raised its position in SentinelOne by 4.6% in the 4th quarter. Laird Norton Wetherby Wealth Management LLC now owns 16,425 shares of the company’s stock worth $365,000 after purchasing an additional 724 shares during the last quarter. Avior Wealth Management LLC raised its position in SentinelOne by 4.0% in the 3rd quarter. Avior Wealth Management LLC now owns 23,114 shares of the company’s stock worth $553,000 after purchasing an additional 898 shares during the last quarter. Finally, Bullseye Asset Management LLC lifted its stake in shares of SentinelOne by 1.5% during the third quarter. Bullseye Asset Management LLC now owns 67,100 shares of the company’s stock valued at $1,605,000 after acquiring an additional 1,000 shares during the period. 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.