2 weeks Ago By ABMN Staff
SentinelOne ( NYSE:S – Get Free Report ) had its target price raised by equities research analysts at Morgan Stanley from $27.00 to $29.00 in a research note issued on Wednesday, Benzinga reports.
The brokerage presently has an “overweight” rating on the stock. Morgan Stanley’s price objective suggests a potential upside of 19.49% from the stock’s previous close.
Several other research firms have also issued reports on S. JMP Securities restated a “market outperform” rating and issued a $33.00 price target on shares of SentinelOne in a research report on Friday, May 31st.
UBS Group decreased their target price on SentinelOne from $29.00 to $27.00 and set a “buy” rating on the stock in a research report on Friday, May 31st.
Robert W. Baird upped their price target on SentinelOne from $25.00 to $29.
00 and gave the company an “outperform” rating in a report on Monday. Wedbush raised their price objective on SentinelOne from $20.00 to $30.
00 and gave the stock an “outperform” rating in a research report on Monday. Finally, Needham & Company LLC boosted their price objective on SentinelOne from $25.00 to $29.
00 and gave the company a “buy” rating in a research report on Monday. One investment analyst has rated the stock with a sell rating, six have given a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.
com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.28. Get Our Latest Stock Report on S SentinelOne Stock Down 0.
7 % SentinelOne ( NYSE:S – Get Free Report ) last posted its quarterly earnings data on Tuesday, August 27th. The company reported $0.01 earnings per share for the quarter.
The company had revenue of $198.94 million during the quarter, compared to analysts’ expectations of $197.32 million.
SentinelOne had a negative return on equity of 16.48% and a negative net margin of 44.79%.
SentinelOne’s revenue for the quarter was up 33.1% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.
26) earnings per share. Analysts anticipate that SentinelOne will post -0.73 EPS for the current year.
Insider Buying and Selling In other news, CEO Tomer Weingarten sold 38,607 shares of the firm’s stock in a transaction on Thursday, June 6th. The stock was sold at an average price of $17.30, for a total value of $667,901.
10. Following the completion of the sale, the chief executive officer now directly owns 1,140,564 shares in the company, valued at $19,731,757.20.
The sale was disclosed in a filing with the SEC, which is accessible through this link . In related news, insider Ric Smith sold 14,583 shares of the business’s stock in a transaction that occurred on Thursday, July 25th. The shares were 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 owns 639,834 shares in the company, valued at approximately $15,061,692.
36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website . Also, CEO Tomer Weingarten sold 38,607 shares of the company’s stock in a transaction on Thursday, June 6th.
The stock was sold at an average price of $17.30, for a total value of $667,901.10.
Following the transaction, the chief executive officer now directly owns 1,140,564 shares in the company, valued at approximately $19,731,757.20. The disclosure for this sale can be found here .
Insiders have sold a total of 610,851 shares of company stock worth $12,036,747 in the last three months. Insiders own 5.60% of the company’s stock.
Institutional Investors Weigh In On SentinelOne A number of institutional investors and hedge funds have recently made changes to their positions in S. Newbridge Financial Services Group Inc. bought a new stake in shares of SentinelOne during the fourth quarter worth approximately $30,000.
Blue Trust Inc. acquired a new stake in SentinelOne during the 2nd quarter worth $27,000. Allspring Global Investments Holdings LLC raised its position in shares of SentinelOne by 49.
1% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock valued at $28,000 after acquiring an additional 434 shares during the last quarter. Sugarloaf Wealth Management LLC raised its position in shares of SentinelOne by 56.
0% during the 2nd quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company’s stock valued at $41,000 after acquiring an additional 700 shares during the last quarter. Finally, Unique Wealth Strategies LLC bought a new position in shares of SentinelOne in the 2nd quarter worth $49,000.
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. Featured Stories 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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