SentinelOne (NYSE:S) Stock Rating Upgraded by Deutsche Bank Aktiengesellschaft

SentinelOne (NYSE:S) was upgraded by equities researchers at Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday, Marketbeat Ratings reports. The brokerage currently has a $32.00 price target on the stock, up from their prior price target of $25.00. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential upside of 15.61% from the stock’s previous close.

Several other equities research analysts also recently issued reports on S. Loop Capital increased their price target on SentinelOne from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, August 28th. Barclays increased their target price on SentinelOne from $28.00 to $30.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 17th. Citigroup upped their price target on shares of SentinelOne from $20.00 to $25.00 and gave the company a “neutral” rating in a report on Wednesday, August 28th. BTIG Research raised their price objective on shares of SentinelOne from $28.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, August 28th. Finally, DA Davidson boosted their price objective on shares of SentinelOne from $23.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday, October 17th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, nineteen have issued a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $28.73.

SentinelOne Stock Down 0.1 %

S stock opened at $27.68 on Tuesday. SentinelOne has a twelve month low of $14.33 and a twelve month high of $30.76. The company has a market cap of $8.78 billion, a P/E ratio of -29.76 and a beta of 0.65. The business’s fifty day moving average is $24.95 and its 200-day moving average is $22.48.

SentinelOne (NYSE:S) last announced its quarterly earnings results 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 company had revenue of $198.94 million during the quarter, compared to analysts’ expectations of $197.32 million. During the same period in the prior year, the business posted ($0.26) EPS. SentinelOne’s revenue was up 33.1% on a year-over-year basis. Research 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, CFO David J. Bernhardt sold 11,061 shares of the company’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $22.80, for a total value of $252,190.80. Following the transaction, the chief financial officer now owns 489,003 shares in the company, valued at approximately $11,149,268.40. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, insider Ric Smith sold 14,584 shares of the stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $22.99, for a total transaction of $335,286.16. Following the transaction, the insider now owns 636,699 shares in the company, valued at approximately $14,637,710.01. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO David J. Bernhardt sold 11,061 shares of the business’s stock in a transaction on Friday, September 6th. The shares were sold at an average price of $22.80, for a total value of $252,190.80. Following the completion of the sale, the chief financial officer now owns 489,003 shares of the company’s stock, valued at $11,149,268.40. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 432,125 shares of company stock valued at $10,367,734 in the last quarter. 5.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC increased its holdings in shares of SentinelOne by 85.0% during the first quarter. SG Americas Securities LLC now owns 14,811 shares of the company’s stock worth $345,000 after purchasing an additional 6,805 shares during the period. Oppenheimer & Co. Inc. raised its holdings in SentinelOne by 10.7% in the 1st quarter. Oppenheimer & Co. Inc. now owns 25,871 shares of the company’s stock valued at $603,000 after acquiring an additional 2,498 shares in the last quarter. Swiss National Bank lifted its position in shares of SentinelOne by 2.9% during the 1st quarter. Swiss National Bank now owns 466,600 shares of the company’s stock valued at $10,876,000 after acquiring an additional 13,200 shares during the period. Sei Investments Co. grew its holdings in shares of SentinelOne by 41.8% during the 1st quarter. Sei Investments Co. now owns 132,105 shares of the company’s stock worth $3,079,000 after purchasing an additional 38,967 shares in the last quarter. Finally, Qsemble Capital Management LP bought a new position in shares of SentinelOne in the first quarter worth $370,000. 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.