SentinelOne (NYSE:S) Given New $30.00 Price Target at Barclays

SentinelOne (NYSE:S) had its price target upped by Barclays from $28.00 to $30.00 in a report issued on Thursday, Benzinga reports. Barclays currently has an equal weight rating on the stock.

A number of other analysts also recently commented on S. The Goldman Sachs Group restated a “neutral” rating and set a $25.00 price objective on shares of SentinelOne in a report on Friday, September 13th. Scotiabank raised their price objective on SentinelOne from $18.00 to $25.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 28th. Needham & Company LLC started coverage on SentinelOne in a report on Thursday. They set a “buy” rating and a $32.00 target price for the company. Wedbush raised their price target on shares of SentinelOne from $20.00 to $30.00 and gave the company an “outperform” rating in a report on Monday, August 26th. Finally, JPMorgan Chase & Co. lifted their price target on shares of SentinelOne from $25.00 to $27.00 and gave the company an “overweight” rating in a research report on Friday, August 23rd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $28.28.

SentinelOne Stock Up 0.1 %

S stock opened at $26.03 on Thursday. The company has a 50 day moving average price of $23.83 and a two-hundred day moving average price of $21.83. SentinelOne has a one year low of $14.33 and a one year high of $30.76.

SentinelOne (NYSE:S) last announced its quarterly earnings data on Tuesday, August 27th. The company reported $0.01 EPS for the quarter. SentinelOne had a negative return on equity of 15.42% and a negative net margin of 38.91%. The business had revenue of $198.94 million during the quarter, compared to the consensus estimate of $197.32 million. During the same quarter in the previous year, the business earned ($0.26) earnings per share. The business’s revenue for the quarter was up 33.1% on a year-over-year basis. On average, sell-side analysts anticipate that SentinelOne will post -0.73 earnings per share for the current fiscal year.

Insider Buying and Selling at SentinelOne

In related news, insider Ric Smith sold 14,583 shares of SentinelOne stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $23.54, for a total value of $343,283.82. Following the completion of the transaction, the insider now directly owns 639,834 shares in the company, valued at approximately $15,061,692.36. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other SentinelOne news, CEO Tomer Weingarten sold 60,864 shares of the business’s stock in a transaction on Wednesday, October 9th. The shares were sold at an average price of $25.30, for a total transaction of $1,539,859.20. Following the completion of the sale, the chief executive officer now owns 1,039,497 shares in the company, valued at $26,299,274.10. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Ric Smith sold 14,583 shares of the stock in a transaction on Thursday, July 25th. The stock was sold at an average price of $23.54, for a total transaction of $343,283.82. Following the sale, the insider now directly owns 639,834 shares in the company, valued at $15,061,692.36. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 489,850 shares of company stock worth $11,034,964 in the last ninety days. 5.60% of the stock is owned by insiders.

Institutional Investors Weigh In On SentinelOne

A number of institutional investors have recently modified their holdings of S. Sycomore Asset Management grew its stake in SentinelOne by 40.4% during the 2nd quarter. Sycomore Asset Management now owns 288,860 shares of the company’s stock worth $5,537,000 after buying an additional 83,060 shares during the last quarter. Eminence Capital LP boosted its holdings in shares of SentinelOne by 24.2% during the second quarter. Eminence Capital LP now owns 6,854,236 shares of the company’s stock valued at $144,282,000 after acquiring an additional 1,337,145 shares during the period. Andar Capital Management HK Ltd bought a new position in shares of SentinelOne during the second quarter worth about $4,736,000. Hood River Capital Management LLC acquired a new stake in shares of SentinelOne in the 2nd quarter worth about $4,060,000. Finally, Lord Abbett & CO. LLC lifted its position in SentinelOne by 25.5% in the 1st quarter. Lord Abbett & CO. LLC now owns 1,844,954 shares of the company’s stock valued at $43,006,000 after purchasing an additional 375,275 shares during the last quarter. 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.