SentinelOne (NYSE:S) Price Target Lowered to $25.00 at Jefferies Financial Group

SentinelOne (NYSE:S) had its target price decreased by Jefferies Financial Group from $30.00 to $25.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s price target points to a potential upside of 34.72% from the company’s current price.

S has been the subject of a number of other research reports. Scotiabank cut their price target on shares of SentinelOne from $26.00 to $19.00 and set a “sector perform” rating for the company in a research note on Thursday. Morgan Stanley cut their price target on shares of SentinelOne from $29.00 to $27.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 19th. Citigroup cut their price target on shares of SentinelOne from $28.00 to $27.00 and set a “neutral” rating for the company in a research note on Friday, January 17th. Needham & Company LLC cut their price target on shares of SentinelOne from $32.00 to $23.00 and set a “buy” rating for the company in a research note on Thursday. Finally, Barclays cut their price target on shares of SentinelOne from $24.00 to $22.00 and set an “equal weight” rating for the company in a research note on Tuesday. Seven equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $26.59.

SentinelOne Trading Up 1.8 %

Shares of NYSE:S opened at $18.56 on Thursday. SentinelOne has a 12 month low of $14.33 and a 12 month high of $29.29. The stock has a market cap of $5.96 billion, a P/E ratio of -19.74 and a beta of 0.78. The company has a 50 day moving average of $22.35 and a 200 day moving average of $24.02.

Insider Buying and Selling at SentinelOne

In other SentinelOne news, CAO Robin Tomasello sold 6,378 shares of the business’s stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $19.55, for a total transaction of $124,689.90. Following the transaction, the chief accounting officer now directly owns 230,685 shares of the company’s stock, valued at approximately $4,509,891.75. The trade was a 2.69 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Tomer Weingarten sold 39,477 shares of the business’s 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 transaction, the chief executive officer now directly owns 900,249 shares in the company, valued at approximately $17,599,867.95. The trade was a 4.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 253,818 shares of company stock valued at $5,649,659. 5.60% of the stock is currently owned by company insiders.

Institutional Trading of SentinelOne

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. grew its position in shares of SentinelOne by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 29,881,352 shares of the company’s stock worth $663,366,000 after buying an additional 399,056 shares during the period. Sylebra Capital LLC grew its position in shares of SentinelOne by 6.2% in the 4th quarter. Sylebra Capital LLC now owns 9,613,281 shares of the company’s stock worth $213,415,000 after buying an additional 564,327 shares during the period. Eminence Capital LP grew its position in shares of SentinelOne by 6.4% in the 4th quarter. Eminence Capital LP now owns 6,533,894 shares of the company’s stock worth $145,052,000 after buying an additional 392,986 shares during the period. Invesco Ltd. grew its position in shares of SentinelOne by 18.4% in the 4th quarter. Invesco Ltd. now owns 5,788,022 shares of the company’s stock worth $128,494,000 after buying an additional 900,577 shares during the period. Finally, State Street Corp grew its position in shares of SentinelOne by 11.3% in the 3rd quarter. State Street Corp now owns 5,072,097 shares of the company’s stock worth $121,325,000 after buying an additional 516,244 shares during the period. 90.87% of the stock is owned by hedge funds and other institutional investors.

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.