JPMorgan Chase & Co. Forecasts Strong Price Appreciation for SentinelOne (NYSE:S) Stock

SentinelOne (NYSE:S – Get Free Report) had its price target upped by JPMorgan Chase & Co. from $30.00 to $33.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 18.07% from the stock’s current [...]

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SentinelOne ( NYSE:S – Get Free Report ) had its price target upped by JPMorgan Chase & Co. from $30.00 to $33.

00 in a note issued to investors on Friday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.



‘s price target indicates a potential upside of 18.07% from the stock’s current price. Several other analysts have also recently issued reports on the stock.

Morgan Stanley upped their price objective on shares of SentinelOne from $27.00 to $29.00 and gave the company an “overweight” rating in a research note on Wednesday, August 28th.

Barclays upped their price objective on shares of SentinelOne from $28.00 to $30.00 and gave the company an “equal weight” rating in a research note on Thursday, October 17th.

Susquehanna upped their price objective on shares of SentinelOne from $22.00 to $28.00 and gave the company a “positive” rating in a research note on Thursday, September 5th.

Westpark Capital reaffirmed a “buy” rating and set a $34.00 price objective on shares of SentinelOne in a research note on Monday, August 26th. Finally, Piper Sandler raised shares of SentinelOne from a “neutral” rating to an “overweight” rating and increased their price target for the company from $25.

00 to $32.00 in a research note on Monday, October 14th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, nineteen have given a buy rating and three have given a strong buy rating to the company.

Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $28.96.

Read Our Latest Stock Report on SentinelOne SentinelOne Stock Down 0.5 % Insider Buying and Selling at SentinelOne In related news, CFO David J. Bernhardt sold 11,061 shares of the company’s stock in a transaction that occurred on Friday, September 6th.

The shares were sold at an average price of $22.80, for a total transaction of $252,190.80.

Following the transaction, the chief financial officer now owns 489,003 shares of the company’s stock, valued at approximately $11,149,268.40. This represents a 2.

21 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website . Also, insider Keenan Michael Conder sold 11,097 shares of the company’s stock in a transaction that occurred on Friday, September 6th.

The shares were sold at an average price of $22.80, for a total transaction of $253,011.60.

Following the transaction, the insider now directly owns 438,363 shares in the company, valued at $9,994,676.40. The trade was a 2.

47 % decrease in their position. The disclosure for this sale can be found here . Insiders have sold 432,125 shares of company stock valued at $10,367,734 over the last quarter.

Corporate insiders own 5.60% of the company’s stock. Hedge Funds Weigh In On SentinelOne Several institutional investors and hedge funds have recently modified their holdings of the company.

Champlain Investment Partners LLC acquired a new stake in shares of SentinelOne in the third quarter worth $80,604,000. Sylebra Capital LLC increased its position in shares of SentinelOne by 33.7% in the third quarter.

Sylebra Capital LLC now owns 9,048,954 shares of the company’s stock worth $216,451,000 after acquiring an additional 2,282,980 shares in the last quarter. Atreides Management LP increased its position in shares of SentinelOne by 137.3% in the third quarter.

Atreides Management LP now owns 3,802,904 shares of the company’s stock worth $90,965,000 after acquiring an additional 2,200,594 shares in the last quarter. Massachusetts Financial Services Co. MA acquired a new stake in shares of SentinelOne in the second quarter worth $36,237,000.

Finally, Eminence Capital LP increased its position in shares of SentinelOne by 24.2% in the second quarter. Eminence Capital LP now owns 6,854,236 shares of the company’s stock worth $144,282,000 after acquiring an additional 1,337,145 shares in the last quarter.

Hedge funds and other institutional investors own 90.87% of the company’s stock. About SentinelOne ( Get Free Report ) 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. Further Reading Five stocks we like better than SentinelOne Are Penny Stocks a Good Fit for Your Portfolio? ServiceNow: Will the High-Flyer Finally Split in 2024? Investing in Construction Stocks MarketBeat Week in Review – 11/25 – 11/29 What is an Earnings Surprise? These 3 Stocks Are Heavy Hitters in Alternative Asset Management Receive News & Ratings for SentinelOne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SentinelOne and related companies with MarketBeat.com's FREE daily email newsletter .

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