SentinelOne, Inc. (NYSE:S) Receives $28.73 Average Target Price from Analysts

Shares of SentinelOne, Inc. (NYSE:S) have earned a consensus recommendation of “Moderate Buy” from the twenty-seven brokerages that are covering the stock, MarketBeat.com reports. Five analysts have rated the stock with a hold recommendation, nineteen have assigned a buy recommendation and three have given a strong buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $28.73.

A number of equities analysts have recently weighed in on the stock. Sanford C. Bernstein lowered their price target on shares of SentinelOne from $37.00 to $32.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 28th. 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 research note on Thursday, October 17th. Wells Fargo & Company upped their price target on shares of SentinelOne from $29.00 to $30.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 28th. Citigroup upped their price target on shares of SentinelOne from $20.00 to $25.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 28th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $25.00 price target on shares of SentinelOne in a research note on Friday, September 13th.

Insider Buying and Selling at SentinelOne

In related news, insider Ric Smith sold 3,135 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $26.25, for a total transaction of $82,293.75. Following the completion of the sale, the insider now owns 582,512 shares of the company’s stock, valued at approximately $15,290,940. This represents a 0.54 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 stock was sold at an average price of $27.63, for a total transaction of $1,952,197.65. Following 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. In the last ninety days, insiders have sold 432,125 shares of company stock worth $10,367,734. Corporate insiders own 5.60% of the company’s stock.

Institutional Trading of SentinelOne

A number of institutional investors and hedge funds have recently bought and sold shares of S. Waldron Private Wealth LLC acquired a new stake in SentinelOne in the third quarter valued at approximately $26,000. Blue Trust Inc. acquired a new stake in SentinelOne in the second quarter valued at approximately $27,000. Allspring Global Investments Holdings LLC grew its position in SentinelOne by 49.1% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock valued at $28,000 after acquiring an additional 434 shares in the last quarter. Sugarloaf Wealth Management LLC grew its position in SentinelOne by 56.0% in the second quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company’s stock valued at $41,000 after acquiring an additional 700 shares in the last quarter. Finally, Unique Wealth Strategies LLC acquired a new stake in SentinelOne in the second quarter valued at approximately $49,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

SentinelOne Stock Performance

Shares of S opened at $27.93 on Friday. The stock has a market capitalization of $8.86 billion, a P/E ratio of -30.03 and a beta of 0.65. The company’s fifty day moving average is $25.77 and its two-hundred day moving average is $22.82. SentinelOne has a 1 year low of $14.33 and a 1 year high of $30.76.

SentinelOne (NYSE:S) last announced its quarterly earnings data on Tuesday, August 27th. The company reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $198.94 million for 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%. SentinelOne’s revenue was up 33.1% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.26) EPS. Sell-side analysts predict that SentinelOne will post -0.73 EPS for the current year.

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.