Brokerages Set SentinelOne, Inc. (NYSE:S) PT at $28.60

Shares of SentinelOne, Inc. (NYSE:S) have received an average recommendation of “Moderate Buy” from the twenty-six research firms that are presently covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and three have issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $28.60.

Several research firms recently weighed in on S. The Goldman Sachs Group restated a “neutral” rating and set a $25.00 target price on shares of SentinelOne in a research note on Friday, September 13th. Canaccord Genuity Group restated a “buy” rating and set a $30.00 target price on shares of SentinelOne in a research note on Friday, October 18th. Wells Fargo & Company boosted their price objective on SentinelOne from $29.00 to $30.00 and gave the company an “overweight” rating in a research note on Wednesday, August 28th. JMP Securities reiterated a “market outperform” rating and issued a $33.00 price objective on shares of SentinelOne in a research note on Wednesday, August 28th. Finally, Citigroup boosted their price objective on SentinelOne from $20.00 to $25.00 and gave the company a “neutral” rating in a research note on Wednesday, August 28th.

Insider Buying and Selling

In other SentinelOne news, CAO Robin Tomasello sold 5,022 shares of the business’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $22.80, for a total transaction of $114,501.60. Following the sale, the chief accounting officer now directly owns 193,542 shares in the company, valued at approximately $4,412,757.60. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other SentinelOne news, CAO Robin Tomasello sold 5,022 shares of the business’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $22.80, for a total transaction of $114,501.60. Following the sale, the chief accounting officer now directly owns 193,542 shares in the company, valued at approximately $4,412,757.60. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ric Smith sold 14,584 shares of the business’s stock in a transaction 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 sale, the insider now owns 636,699 shares in the company, valued at approximately $14,637,710.01. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 473,919 shares of company stock valued at $10,747,380 over the last quarter. Company insiders own 5.60% of the company’s stock.

Institutional Trading of SentinelOne

A number of institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of SentinelOne by 7.2% in the first quarter. Vanguard Group Inc. now owns 25,158,987 shares of the company’s stock valued at $586,456,000 after acquiring an additional 1,694,407 shares in the last quarter. Eminence Capital LP lifted its position in shares of SentinelOne by 24.2% in the second quarter. Eminence Capital LP now owns 6,854,236 shares of the company’s stock valued at $144,282,000 after acquiring an additional 1,337,145 shares in the last quarter. Sylebra Capital LLC lifted its position in shares of SentinelOne by 10.5% in the second quarter. Sylebra Capital LLC now owns 6,765,974 shares of the company’s stock valued at $142,424,000 after acquiring an additional 643,097 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of SentinelOne by 19.2% in the second quarter. Dimensional Fund Advisors LP now owns 3,672,400 shares of the company’s stock valued at $77,299,000 after acquiring an additional 590,628 shares in the last quarter. Finally, Clearbridge Investments LLC lifted its position in shares of SentinelOne by 0.8% in the second quarter. Clearbridge Investments LLC now owns 2,630,615 shares of the company’s stock valued at $55,374,000 after acquiring an additional 20,600 shares in the last quarter. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

SentinelOne Stock Performance

Shares of S opened at $25.78 on Wednesday. The stock has a 50-day simple moving average of $24.48 and a 200-day simple moving average of $22.22. The stock has a market capitalization of $8.18 billion, a PE ratio of -27.72 and a beta of 0.65. SentinelOne has a 1 year low of $14.33 and a 1 year high of $30.76.

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

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.