SentinelOne (NYSE:S) Stock Rating Upgraded by Stephens

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

S has been the topic of several other research reports. Sanford C. Bernstein lowered their target price on SentinelOne from $32.00 to $30.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. Guggenheim reissued a “buy” rating and set a $31.00 price objective on shares of SentinelOne in a research note on Thursday, December 5th. Scotiabank decreased their target price on shares of SentinelOne from $26.00 to $19.00 and set a “sector perform” rating on the stock in a research note on Thursday, March 13th. Cantor Fitzgerald dropped their price target on shares of SentinelOne from $30.00 to $24.00 and set an “overweight” rating for the company in a research report on Thursday, March 13th. Finally, UBS Group cut their price target on shares of SentinelOne from $25.00 to $19.00 and set a “neutral” rating on the stock in a report on Thursday, March 13th. Seven analysts have rated the stock with a hold rating, nineteen have issued a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $26.21.

SentinelOne Stock Up 2.3 %

Shares of NYSE:S opened at $18.60 on Monday. The stock has a market cap of $5.98 billion, a PE ratio of -19.78 and a beta of 0.78. The company’s fifty day moving average is $21.54 and its 200 day moving average is $23.68. SentinelOne has a 52 week low of $14.33 and a 52 week high of $29.29.

Insider Activity at SentinelOne

In related news, CAO Robin Tomasello sold 1,496 shares of the company’s stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $19.77, for a total value of $29,575.92. Following the transaction, the chief accounting officer now directly owns 233,484 shares of the company’s stock, valued at approximately $4,615,978.68. This represents a 0.64 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Ric Smith sold 31,659 shares of SentinelOne stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $19.10, for a total value of $604,686.90. Following the completion of the sale, the insider now directly owns 477,271 shares of the company’s stock, valued at approximately $9,115,876.10. The trade was a 6.22 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 455,855 shares of company stock valued at $9,528,052. 5.60% of the stock is owned by insiders.

Hedge Funds Weigh In On SentinelOne

Several hedge funds and other institutional investors have recently bought and sold shares of S. Cerity Partners LLC purchased a new stake in SentinelOne during the 3rd quarter valued at $1,315,000. MetLife Investment Management LLC grew its holdings in shares of SentinelOne by 17.4% in the third quarter. MetLife Investment Management LLC now owns 6,828 shares of the company’s stock worth $163,000 after acquiring an additional 1,012 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in SentinelOne by 1.5% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 124,096 shares of the company’s stock valued at $2,968,000 after acquiring an additional 1,797 shares during the last quarter. Captrust Financial Advisors lifted its holdings in SentinelOne by 35.2% in the third quarter. Captrust Financial Advisors now owns 210,045 shares of the company’s stock valued at $5,024,000 after acquiring an additional 54,652 shares during the period. Finally, Edgestream Partners L.P. purchased a new position in SentinelOne in the third quarter worth about $399,000. Institutional investors 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.