SentinelOne (NYSE:S) Upgraded to Strong-Buy at Stephens

Stephens upgraded shares of SentinelOne (NYSE:S) to a strong-buy rating in a report issued on Monday morning,Zacks.com reports.

Several other research analysts also recently weighed in on S. Wells Fargo & Company lowered their price objective on shares of SentinelOne from $30.00 to $22.00 and set an “overweight” rating on the stock in a report on Thursday, March 13th. UBS Group lowered their target price on shares of SentinelOne from $25.00 to $19.00 and set a “neutral” rating on the stock in a report on Thursday, March 13th. Barclays dropped their price target on shares of SentinelOne from $24.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 11th. Citigroup decreased their price objective on SentinelOne from $28.00 to $27.00 and set a “neutral” rating for the company in a report on Friday, January 17th. Finally, JPMorgan Chase & Co. dropped their target price on SentinelOne from $33.00 to $27.00 and set an “overweight” rating on the stock in a report on Monday, March 10th. Seven equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat, SentinelOne has an average rating of “Moderate Buy” and a consensus target price of $26.21.

SentinelOne Stock Up 2.3 %

Shares of NYSE:S opened at $18.60 on Monday. SentinelOne has a twelve month low of $14.33 and a twelve month high of $29.29. The stock’s 50 day moving average is $21.54 and its 200-day moving average is $23.68. The firm has a market capitalization of $5.98 billion, a price-to-earnings ratio of -19.78 and a beta of 0.78.

Insiders Place Their Bets

In other SentinelOne news, CEO Tomer Weingarten sold 20,186 shares of the stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $19.77, for a total transaction of $399,077.22. Following the completion of the transaction, the chief executive officer now owns 900,111 shares in the company, valued at $17,795,194.47. This trade represents a 2.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Ric Smith sold 10,624 shares of the business’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 transaction of $210,036.48. Following the completion of the sale, the insider now directly owns 488,122 shares in the company, valued at approximately $9,650,171.94. This trade represents a 2.13 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 455,855 shares of company stock valued at $9,528,052 over the last ninety days. 5.60% of the stock is currently owned by insiders.

Institutional Trading of SentinelOne

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