SentinelOne, Inc. (NYSE:S) Receives Average Rating of “Moderate Buy” from Brokerages

SentinelOne, Inc. (NYSE:S) has earned a consensus recommendation of “Moderate Buy” from the twenty-eight research firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation, sixteen have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $23.8148.

Several equities analysts recently weighed in on S shares. Citigroup restated a “neutral” rating on shares of SentinelOne in a report on Tuesday, September 16th. Cantor Fitzgerald dropped their target price on SentinelOne from $24.00 to $22.00 and set an “overweight” rating on the stock in a report on Monday, November 24th. Needham & Company LLC boosted their price target on SentinelOne from $22.00 to $23.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SentinelOne in a research report on Tuesday. Finally, Westpark Capital reaffirmed a “buy” rating and set a $25.00 price target on shares of SentinelOne in a report on Friday, August 29th.

SentinelOne Stock Performance

NYSE S opened at $16.95 on Thursday. SentinelOne has a one year low of $15.17 and a one year high of $29.06. The company’s 50 day moving average price is $17.03 and its 200 day moving average price is $17.71. The firm has a market capitalization of $5.65 billion, a price-to-earnings ratio of -12.84 and a beta of 0.76.

Insider Buying and Selling at SentinelOne

In related news, insider Keenan Michael Conder sold 5,871 shares of the business’s stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $16.56, for a total value of $97,223.76. Following the transaction, the insider owned 573,536 shares in the company, valued at approximately $9,497,756.16. The trade was a 1.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Robin Tomasello sold 3,476 shares of the stock in a transaction dated Thursday, November 6th. The shares were sold at an average price of $16.56, for a total value of $57,562.56. Following the completion of the transaction, the chief accounting officer directly owned 294,060 shares of the company’s stock, valued at $4,869,633.60. This represents a 1.17% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 481,090 shares of company stock valued at $8,637,206. Company insiders own 4.33% of the company’s stock.

Institutional Trading of SentinelOne

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Allworth Financial LP boosted its stake in SentinelOne by 102.4% during the 3rd quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock valued at $25,000 after acquiring an additional 726 shares during the last quarter. IFP Advisors Inc increased its position in shares of SentinelOne by 42.4% in the 3rd quarter. IFP Advisors Inc now owns 13,599 shares of the company’s stock worth $239,000 after purchasing an additional 4,049 shares during the last quarter. Swiss Life Asset Management Ltd acquired a new stake in shares of SentinelOne in the 3rd quarter valued at about $239,000. Strategic Advocates LLC bought a new position in shares of SentinelOne during the third quarter worth about $26,000. Finally, Sunbelt Securities Inc. grew its stake in SentinelOne by 263.4% in the third quarter. Sunbelt Securities Inc. now owns 15,717 shares of the company’s stock worth $277,000 after purchasing an additional 11,392 shares in the last quarter. Institutional investors own 90.87% of the company’s stock.

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.