SentinelOne’s (S) Buy Rating Reiterated at Westpark Capital

Westpark Capital reiterated their buy rating on shares of SentinelOne (NYSE:S) in a research report released on Friday morning,Benzinga reports. The brokerage currently has a $25.00 price objective on the stock.

A number of other equities analysts also recently issued reports on S. Needham & Company LLC lowered their price target on SentinelOne from $23.00 to $21.00 and set a “buy” rating on the stock in a research report on Friday. Weiss Ratings reissued a “sell (d-)” rating on shares of SentinelOne in a research note on Tuesday, December 2nd. JMP Securities set a $23.00 price objective on shares of SentinelOne in a research report on Friday. JPMorgan Chase & Co. decreased their price objective on shares of SentinelOne from $19.00 to $17.00 and set a “neutral” rating on the stock in a report on Friday. Finally, Citigroup reissued a “market outperform” rating on shares of SentinelOne in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $22.43.

SentinelOne Stock Down 14.3%

Shares of NYSE S opened at $14.55 on Friday. SentinelOne has a 52 week low of $14.48 and a 52 week high of $26.00. The business’s 50 day moving average price is $16.93 and its 200 day moving average price is $17.64. The firm has a market cap of $4.85 billion, a P/E ratio of -11.64 and a beta of 0.76.

SentinelOne (NYSE:S) last released its quarterly earnings data on Thursday, December 4th. The company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.02. The business had revenue of $258.91 million during the quarter, compared to analyst estimates of $256.19 million. SentinelOne had a negative return on equity of 14.95% and a negative net margin of 43.04%.The company’s revenue was up 22.9% on a year-over-year basis. During the same quarter last year, the business posted ($0.25) EPS. As a group, research analysts expect that SentinelOne will post -0.76 earnings per share for the current year.

Insider Activity at SentinelOne

In other news, CAO Robin Tomasello sold 3,476 shares of SentinelOne stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $16.56, for a total transaction of $57,562.56. Following the completion of the sale, the chief accounting officer directly owned 294,060 shares of the company’s stock, valued at approximately $4,869,633.60. The trade was a 1.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ric Smith sold 23,520 shares of the business’s stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $18.07, for a total value of $425,006.40. Following the sale, the insider owned 928,021 shares of the company’s stock, valued at approximately $16,769,339.47. The trade was a 2.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 398,285 shares of company stock worth $7,089,580 over the last ninety days. Company insiders own 4.33% of the company’s stock.

Institutional Investors Weigh In On SentinelOne

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Rafferty Asset Management LLC increased its holdings in shares of SentinelOne by 2.5% in the 1st quarter. Rafferty Asset Management LLC now owns 25,868 shares of the company’s stock valued at $470,000 after acquiring an additional 641 shares during the period. Daiwa Securities Group Inc. grew its stake in shares of SentinelOne by 25.2% in the 2nd quarter. Daiwa Securities Group Inc. now owns 3,442 shares of the company’s stock valued at $63,000 after purchasing an additional 692 shares during the last quarter. Allworth Financial LP raised its stake in shares of SentinelOne by 102.4% during the third quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock worth $25,000 after purchasing an additional 726 shares during the last quarter. Mission Creek Capital Partners Inc. lifted its holdings in shares of SentinelOne by 1.7% during the second quarter. Mission Creek Capital Partners Inc. now owns 45,958 shares of the company’s stock worth $840,000 after purchasing an additional 760 shares during the period. Finally, Main Management ETF Advisors LLC raised its position in SentinelOne by 1.7% during the 2nd quarter. Main Management ETF Advisors LLC now owns 46,909 shares of the company’s stock worth $857,000 after buying an additional 768 shares during the last quarter. Hedge funds and other institutional investors own 90.87% 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.