Mark Peek Purchases 40,000 Shares of SentinelOne (NYSE:S) Stock

SentinelOne, Inc. (NYSE:S) Director Mark Peek acquired 40,000 shares of the company’s stock in a transaction on Tuesday, December 16th. The stock was acquired at an average price of $14.89 per share, with a total value of $595,600.00. Following the acquisition, the director owned 120,000 shares in the company, valued at approximately $1,786,800. This trade represents a 50.00% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

SentinelOne Stock Up 0.8%

Shares of S traded up $0.12 during mid-day trading on Thursday, hitting $14.60. 8,424,564 shares of the company’s stock traded hands, compared to its average volume of 6,225,444. The firm has a market capitalization of $4.96 billion, a P/E ratio of -11.68 and a beta of 0.76. The business’s 50-day moving average price is $16.48 and its 200-day moving average price is $17.41. SentinelOne, Inc. has a 1 year low of $14.43 and a 1 year high of $25.24.

SentinelOne (NYSE:S) last announced its quarterly earnings results on Thursday, December 4th. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.02. The company had revenue of $258.91 million during the quarter, compared to analyst estimates of $256.19 million. SentinelOne had a negative return on equity of 14.95% and a negative net margin of 43.04%.The firm’s revenue was up 22.9% on a year-over-year basis. During the same quarter last year, the firm posted ($0.25) earnings per share. Sell-side analysts anticipate that SentinelOne, Inc. will post -0.76 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

S has been the subject of a number of research reports. New Street Research set a $23.00 price target on shares of SentinelOne in a research note on Friday, August 29th. Robert W. Baird upped their target price on SentinelOne from $21.00 to $23.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Westpark Capital restated a “buy” rating and issued a $25.00 target price on shares of SentinelOne in a research note on Friday, December 5th. Citizens Jmp reduced their price target on SentinelOne from $29.00 to $23.00 and set a “market outperform” rating on the stock in a research note on Friday, December 5th. Finally, Wells Fargo & Company increased their price objective on SentinelOne from $18.00 to $19.00 and gave the stock an “equal weight” rating in a report on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $22.43.

Institutional Investors Weigh In On SentinelOne

Hedge funds have recently added to or reduced their stakes in the stock. FNY Investment Advisers LLC bought a new position in shares of SentinelOne during the third quarter valued at $36,000. Allworth Financial LP increased its stake in SentinelOne by 102.4% during the 3rd quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock valued at $25,000 after purchasing an additional 726 shares in the last quarter. IFP Advisors Inc increased its stake in SentinelOne by 42.4% during the 3rd quarter. IFP Advisors Inc now owns 13,599 shares of the company’s stock valued at $239,000 after purchasing an additional 4,049 shares in the last quarter. Swiss Life Asset Management Ltd purchased a new position in SentinelOne in the third quarter worth about $239,000. Finally, Strategic Advocates LLC purchased a new stake in shares of SentinelOne during the third quarter valued at approximately $26,000. 90.87% of the stock is owned by institutional investors.

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.