Shares of SentinelOne, Inc. (NYSE:S - Get Free Report) have earned an average rating of "Moderate Buy" from the twenty-five analysts that are covering the company, Marketbeat reports. Six investment analysts have rated the stock with a hold recommendation, seventeen have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $29.42.
A number of research firms have recently issued reports on S. The Goldman Sachs Group reiterated a "neutral" rating and issued a $25.00 price objective on shares of SentinelOne in a report on Friday, September 13th. Citigroup upped their target price on SentinelOne from $20.00 to $25.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 28th. Guggenheim reissued a "buy" rating and set a $31.00 price target on shares of SentinelOne in a research note on Thursday, December 5th. Wells Fargo & Company upped their price objective on shares of SentinelOne from $29.00 to $30.00 and gave the company an "overweight" rating in a research note on Wednesday, August 28th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of SentinelOne from a "hold" rating to a "buy" rating and lifted their target price for the stock from $25.00 to $32.00 in a research report on Tuesday, November 12th.
View Our Latest Report on S
Shares of SentinelOne stock opened at $22.05 on Thursday. SentinelOne has a 1 year low of $14.33 and a 1 year high of $30.76. The firm has a market cap of $7.09 billion, a PE ratio of -23.46 and a beta of 0.67. The company has a 50 day simple moving average of $26.30 and a two-hundred day simple moving average of $23.33.
SentinelOne (NYSE:S - Get Free Report) last posted its quarterly earnings data on Wednesday, December 4th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.01 by ($0.22). The company had revenue of $210.60 million for the quarter, compared to the consensus estimate of $209.73 million. SentinelOne had a negative return on equity of 15.80% and a negative net margin of 37.61%. The business's revenue was up 28.3% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.21) earnings per share. As a group, research analysts anticipate that SentinelOne will post -0.76 earnings per share for the current year.
In other SentinelOne news, insider Ric Smith sold 14,583 shares of the stock in a transaction on Wednesday, September 25th. The stock was sold at an average price of $24.20, for a total value of $352,908.60. Following the completion of the transaction, the insider now owns 585,647 shares in the company, valued at approximately $14,172,657.40. This represents a 2.43 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Tomer Weingarten sold 82,116 shares of the company's stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $23.61, for a total transaction of $1,938,758.76. Following the completion of the sale, the chief executive officer now directly owns 959,682 shares in the company, valued at $22,658,092.02. This represents a 7.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 418,999 shares of company stock valued at $10,373,693. Corporate insiders own 5.60% of the company's stock.
Large investors have recently made changes to their positions in the business. Waldron Private Wealth LLC purchased a new position in shares of SentinelOne in the 3rd quarter worth about $26,000. Blue Trust Inc. purchased a new position in SentinelOne in the second quarter worth about $27,000. Allspring Global Investments Holdings LLC lifted its stake in shares of SentinelOne by 49.1% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company's stock worth $28,000 after buying an additional 434 shares in the last quarter. Capital Performance Advisors LLP bought a new position in shares of SentinelOne in the third quarter worth approximately $55,000. Finally, Huntington National Bank grew its holdings in shares of SentinelOne by 287.9% during the third quarter. Huntington National Bank now owns 2,378 shares of the company's stock valued at $57,000 after buying an additional 1,765 shares during the last quarter. 90.87% of the stock is currently owned by hedge funds and other institutional investors.
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.
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