SentinelOne, Inc. (NYSE:S) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of SentinelOne, Inc. (NYSE:S) have received an average recommendation of “Moderate Buy” from the twenty-eight analysts that are currently covering the firm, MarketBeat reports. Seven investment analysts have rated the stock with a hold recommendation, nineteen have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $26.33.

A number of analysts recently weighed in on S shares. Guggenheim restated a “buy” rating and set a $31.00 target price on shares of SentinelOne in a research note on Thursday, December 5th. Bank of America dropped their price objective on shares of SentinelOne from $29.00 to $24.00 and set a “buy” rating on the stock in a research report on Thursday, March 13th. Scotiabank decreased their price objective on shares of SentinelOne from $26.00 to $19.00 and set a “sector perform” rating for the company in a research report on Thursday, March 13th. Barclays cut their price target on SentinelOne from $24.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 11th. Finally, Cantor Fitzgerald lowered their price objective on SentinelOne from $30.00 to $24.00 and set an “overweight” rating for the company in a research report on Thursday, March 13th.

Insider Activity at SentinelOne

In related news, CEO Tomer Weingarten sold 70,642 shares of the firm’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $24.22, for a total value of $1,710,949.24. Following the completion of the sale, the chief executive officer now owns 939,726 shares in the company, valued at $22,760,163.72. This trade represents a 6.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Robin Tomasello sold 1,496 shares of the company’s stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $19.77, for a total transaction of $29,575.92. Following the transaction, the chief accounting officer now owns 233,484 shares in the company, valued at $4,615,978.68. The trade was a 0.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 455,855 shares of company stock worth $9,528,052 over the last 90 days. Company insiders own 5.60% of the company’s stock.

Institutional Investors Weigh In On SentinelOne

Institutional investors and hedge funds have recently modified their holdings of the company. Smartleaf Asset Management LLC grew its stake in SentinelOne by 86.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock valued at $27,000 after acquiring an additional 556 shares during the last quarter. Avion Wealth acquired a new stake in shares of SentinelOne in the fourth quarter valued at approximately $28,000. Crewe Advisors LLC purchased a new position in shares of SentinelOne during the 4th quarter worth approximately $33,000. Arlington Trust Co LLC purchased a new position in shares of SentinelOne during the 4th quarter worth approximately $33,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of SentinelOne during the 4th quarter worth approximately $38,000. Institutional investors and hedge funds own 90.87% of the company’s stock.

SentinelOne Price Performance

S opened at $18.84 on Friday. The business has a fifty day moving average price of $21.71 and a 200 day moving average price of $23.71. SentinelOne has a 12 month low of $14.33 and a 12 month high of $29.29. The stock has a market capitalization of $6.05 billion, a price-to-earnings ratio of -20.04 and a beta of 0.78.

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.