SentinelOne, Inc. (NYSE:S) Given Average Rating of “Moderate Buy” by Analysts

SentinelOne, Inc. (NYSE:S) has received an average recommendation of “Moderate Buy” from the thirty-one research firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, twelve have issued a hold recommendation, seventeen have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $21.7167.

S has been the topic of several recent research reports. Canaccord Genuity Group cut their target price on SentinelOne from $26.00 to $23.00 and set a “buy” rating on the stock in a report on Friday, December 5th. Bank of America lowered their price objective on SentinelOne from $19.00 to $18.00 and set a “neutral” rating on the stock in a report on Friday, December 5th. Cantor Fitzgerald cut their price objective on SentinelOne from $24.00 to $22.00 and set an “overweight” rating on the stock in a research note on Monday, November 24th. Westpark Capital reaffirmed a “buy” rating and set a $25.00 target price on shares of SentinelOne in a research report on Friday, December 5th. Finally, Piper Sandler reiterated a “neutral” rating and set a $17.00 price target (down previously from $20.00) on shares of SentinelOne in a report on Sunday, January 4th.

Insider Buying and Selling at SentinelOne

In other news, CAO Robin Tomasello sold 2,975 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $13.15, for a total value of $39,121.25. Following the sale, the chief accounting officer directly owned 411,034 shares of the company’s stock, valued at approximately $5,405,097.10. This trade represents a 0.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Ana G. Pinczuk sold 11,900 shares of SentinelOne stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $14.82, for a total value of $176,358.00. Following the completion of the transaction, the insider owned 560,589 shares in the company, valued at $8,307,928.98. The trade was a 2.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 331,694 shares of company stock worth $4,849,673 in the last quarter. 4.33% of the stock is owned by corporate insiders.

Institutional Trading of SentinelOne

Several hedge funds have recently added to or reduced their stakes in the business. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of SentinelOne by 17.8% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 28,497 shares of the company’s stock worth $427,000 after buying an additional 4,298 shares during the last quarter. MML Investors Services LLC increased its position in SentinelOne by 20.4% during the fourth quarter. MML Investors Services LLC now owns 67,035 shares of the company’s stock worth $1,006,000 after acquiring an additional 11,344 shares during the period. Mariner LLC raised its stake in SentinelOne by 263.3% during the 4th quarter. Mariner LLC now owns 162,552 shares of the company’s stock valued at $2,446,000 after purchasing an additional 117,810 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in SentinelOne during the 4th quarter valued at $125,000. Finally, Marshall Wace LLP boosted its holdings in SentinelOne by 11.6% in the 4th quarter. Marshall Wace LLP now owns 2,532,054 shares of the company’s stock valued at $37,981,000 after purchasing an additional 262,306 shares during the period. Institutional investors own 90.87% of the company’s stock.

SentinelOne Stock Up 4.3%

NYSE S opened at $13.89 on Tuesday. The stock has a market capitalization of $4.72 billion, a PE ratio of -11.11 and a beta of 0.77. SentinelOne has a 12-month low of $12.43 and a 12-month high of $25.24. The company has a 50 day moving average price of $14.44 and a two-hundred day moving average price of $16.25.

SentinelOne (NYSE:S) last released its quarterly earnings results 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. SentinelOne had a negative net margin of 43.04% and a negative return on equity of 14.95%. The business had revenue of $258.91 million for the quarter, compared to the consensus estimate of $256.19 million. During the same quarter last year, the firm earned ($0.25) EPS. SentinelOne’s revenue for the quarter was up 22.9% on a year-over-year basis. As a group, equities analysts anticipate that SentinelOne will post -0.76 EPS for the current year.

SentinelOne Company Profile

SentinelOne, Inc is a cybersecurity company specializing in AI-driven, autonomous endpoint protection. Founded in 2013 and headquartered in Mountain View, California, the firm developed its Singularity Platform to unify prevention, detection, response, and hunting across endpoints, cloud workloads, containers and IoT devices. SentinelOne’s solutions leverage machine learning and behavioral analytics to identify threats in real time, automate remediation workflows and deliver forensics to support rapid incident response.

The company’s flagship product suite includes endpoint security agents, cloud workload protection, identity threat detection and extended detection and response (XDR) capabilities.