Analysts Set SentinelOne, Inc. (NYSE:S) Price Target at $26.33

Shares of SentinelOne, Inc. (NYSE:S) have received a consensus recommendation of “Moderate Buy” from the twenty-nine research firms that are covering the firm, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold recommendation, nineteen have given a buy recommendation and three have issued a strong buy recommendation on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $26.21.

Several research firms have recently weighed in on S. Robert W. Baird lowered their price target on SentinelOne from $30.00 to $28.00 and set an “outperform” rating on the stock in a report on Tuesday, March 11th. Barclays lowered their target price on SentinelOne from $24.00 to $22.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 11th. Citigroup cut their price target on SentinelOne from $28.00 to $27.00 and set a “neutral” rating for the company in a research note on Friday, January 17th. Scotiabank lowered their price objective on shares of SentinelOne from $26.00 to $19.00 and set a “sector perform” rating on the stock in a research note on Thursday, March 13th. Finally, Needham & Company LLC cut their target price on shares of SentinelOne from $32.00 to $23.00 and set a “buy” rating for the company in a research report on Thursday, March 13th.

Insiders Place Their Bets

In other SentinelOne news, CEO Tomer Weingarten sold 81,619 shares of the business’s stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $19.59, for a total transaction of $1,598,916.21. Following the sale, the chief executive officer now directly owns 879,494 shares of the company’s stock, valued at $17,229,287.46. The trade was a 8.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Ric Smith sold 10,624 shares of the firm’s stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $19.77, for a total value of $210,036.48. Following the completion of the sale, the insider now directly owns 488,122 shares of the company’s stock, valued at $9,650,171.94. The trade was a 2.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 455,855 shares of company stock valued at $9,528,052 in the last quarter. 5.60% of the stock is currently owned by insiders.

Institutional Investors Weigh In On SentinelOne

Several hedge funds and other institutional investors have recently made changes to their positions in S. Guggenheim Capital LLC lifted its stake in shares of SentinelOne by 1.4% during the 4th quarter. Guggenheim Capital LLC now owns 34,396 shares of the company’s stock worth $764,000 after acquiring an additional 478 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in SentinelOne by 86.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,198 shares of the company’s stock worth $27,000 after purchasing an additional 556 shares during the period. Laird Norton Wetherby Wealth Management LLC lifted its position in shares of SentinelOne by 4.6% during the fourth quarter. Laird Norton Wetherby Wealth Management LLC now owns 16,425 shares of the company’s stock worth $365,000 after purchasing an additional 724 shares during the last quarter. Bullseye Asset Management LLC boosted its stake in shares of SentinelOne by 1.5% during the third quarter. Bullseye Asset Management LLC now owns 67,100 shares of the company’s stock valued at $1,605,000 after purchasing an additional 1,000 shares during the period. Finally, MetLife Investment Management LLC grew its holdings in shares of SentinelOne by 17.4% in the third quarter. MetLife Investment Management LLC now owns 6,828 shares of the company’s stock worth $163,000 after purchasing an additional 1,012 shares during the last quarter. Hedge funds and other institutional investors own 90.87% of the company’s stock.

SentinelOne Stock Up 1.2 %

S opened at $18.83 on Friday. SentinelOne has a twelve month low of $14.33 and a twelve month high of $29.29. The firm has a 50 day moving average price of $21.45 and a 200-day moving average price of $23.65. The stock has a market capitalization of $6.05 billion, a price-to-earnings ratio of -20.03 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.