SentinelOne (NYSE:S) Upgraded at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft upgraded shares of SentinelOne (NYSE:S) from a hold rating to a buy rating in a research report report published on Tuesday, MarketBeat Ratings reports. They currently have $32.00 price target on the stock, up from their previous price target of $25.00.

S has been the topic of several other reports. Scotiabank upped their target price on SentinelOne from $18.00 to $25.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 28th. Morgan Stanley raised their price objective on SentinelOne from $27.00 to $29.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 28th. Barclays increased 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. Canaccord Genuity Group restated a “buy” rating and set a $30.00 price objective on shares of SentinelOne in a research note on Friday, October 18th. Finally, JPMorgan Chase & Co. increased their price objective on shares of SentinelOne from $25.00 to $27.00 and gave the stock an “overweight” rating in a research note on Friday, August 23rd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, nineteen have assigned a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat.com, SentinelOne currently has an average rating of “Moderate Buy” and a consensus price target of $28.73.

SentinelOne Trading Down 1.1 %

NYSE S opened at $27.37 on Tuesday. SentinelOne has a 52 week low of $14.33 and a 52 week high of $30.76. The company has a 50 day moving average price of $25.04 and a 200 day moving average price of $22.51.

SentinelOne (NYSE:S) last issued its quarterly earnings data on Tuesday, August 27th. The company reported $0.01 EPS for the quarter. SentinelOne had a negative return on equity of 15.42% and a negative net margin of 38.91%. The firm had revenue of $198.94 million during the quarter, compared to analyst estimates of $197.32 million. During the same quarter in the prior year, the business posted ($0.26) EPS. The business’s revenue for the quarter was up 33.1% compared to the same quarter last year. As a group, equities analysts forecast that SentinelOne will post -0.73 EPS for the current year.

Insider Transactions at SentinelOne

In other SentinelOne news, insider Ric Smith sold 3,135 shares of the business’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $26.25, for a total value of $82,293.75. Following the transaction, the insider now directly owns 582,512 shares in the company, valued at $15,290,940. The trade was a 0.54 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Tomer Weingarten sold 70,655 shares of the stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $27.63, for a total transaction of $1,952,197.65. Following the completion of the sale, the chief executive officer now directly owns 1,019,541 shares of the company’s stock, valued at approximately $28,169,917.83. This trade represents a 6.48 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 432,125 shares of company stock valued at $10,367,734 over the last 90 days. Corporate insiders own 5.60% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in S. Waldron Private Wealth LLC purchased a new position in SentinelOne during the third quarter worth about $26,000. Blue Trust Inc. purchased a new stake in SentinelOne in the second quarter valued at approximately $27,000. Allspring Global Investments Holdings LLC lifted its stake in SentinelOne by 49.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock worth $28,000 after purchasing an additional 434 shares in the last quarter. Sugarloaf Wealth Management LLC boosted its position in shares of SentinelOne by 56.0% during the second quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company’s stock worth $41,000 after buying an additional 700 shares during the period. Finally, Unique Wealth Strategies LLC acquired a new stake in shares of SentinelOne in the second quarter valued at $49,000. 90.87% of the stock is currently owned by institutional investors and hedge funds.

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.