SentinelOne (S) to Release Earnings on Wednesday

SentinelOne (NYSE:S) is anticipated to issue its quarterly earnings data after the market closes on Wednesday, March 12th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $222.33 million for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

SentinelOne Stock Down 0.3 %

Shares of SentinelOne stock opened at $19.84 on Monday. SentinelOne has a 12-month low of $14.33 and a 12-month high of $29.29. The company has a market capitalization of $6.37 billion, a price-to-earnings ratio of -21.10 and a beta of 0.78. The firm’s 50-day moving average price is $22.65 and its two-hundred day moving average price is $24.19.

Analyst Upgrades and Downgrades

S has been the topic of a number of recent analyst reports. Westpark Capital reissued a “buy” rating and issued a $34.00 price objective on shares of SentinelOne in a research note on Tuesday, December 3rd. Citigroup reduced their target price on SentinelOne from $28.00 to $27.00 and set a “neutral” rating on the stock in a report on Friday, January 17th. Oppenheimer assumed coverage on SentinelOne in a report on Wednesday, January 15th. They set an “outperform” rating and a $32.00 price target for the company. Guggenheim reaffirmed a “buy” rating and issued a $31.00 price objective on shares of SentinelOne in a research note on Thursday, December 5th. Finally, Needham & Company LLC reissued a “buy” rating and set a $32.00 target price on shares of SentinelOne in a research note on Thursday, December 5th. Seven investment analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, SentinelOne presently has an average rating of “Moderate Buy” and a consensus target price of $29.48.

Insider Buying and Selling

In other SentinelOne news, insider Ric Smith sold 14,583 shares of the stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $22.75, for a total transaction of $331,763.25. Following the transaction, the insider now directly owns 531,459 shares in the company, valued at approximately $12,090,692.25. This represents a 2.67 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Tomer Weingarten sold 39,477 shares of SentinelOne stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $19.55, for a total transaction of $771,775.35. Following the completion of the sale, the chief executive officer now owns 900,249 shares of the company’s stock, valued at $17,599,867.95. This represents a 4.20 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 437,968 shares of company stock valued at $10,020,586 over the last quarter. Insiders own 5.60% 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.