Susquehanna Lowers SentinelOne (NYSE:S) Price Target to $25.00

SentinelOne (NYSE:S) had its price objective lowered by equities research analysts at Susquehanna from $30.00 to $25.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has a “positive” rating on the stock. Susquehanna’s price objective would indicate a potential upside of 29.37% from the stock’s current price.

S has been the subject of a number of other reports. Piper Sandler decreased their target price on shares of SentinelOne from $32.00 to $28.00 and set an “overweight” rating for the company in a research note on Thursday. Guggenheim reiterated a “buy” rating and issued a $31.00 price target on shares of SentinelOne in a research report on Thursday, December 5th. Cantor Fitzgerald initiated coverage on shares of SentinelOne in a report on Thursday, January 9th. They issued an “overweight” rating and a $30.00 target price on the stock. Oppenheimer began coverage on SentinelOne in a research note on Wednesday, January 15th. They set an “outperform” rating and a $32.00 price target for the company. Finally, Scotiabank lifted their price objective on shares of SentinelOne from $25.00 to $26.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 5th. Seven equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $28.11.

SentinelOne Price Performance

S opened at $19.33 on Thursday. The stock has a 50-day moving average price of $22.50 and a 200-day moving average price of $24.10. SentinelOne has a 1 year low of $14.33 and a 1 year high of $29.29. The firm has a market cap of $6.21 billion, a PE ratio of -20.56 and a beta of 0.78.

Insider Activity at SentinelOne

In other SentinelOne news, CEO Tomer Weingarten sold 60,864 shares of the firm’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $23.74, for a total transaction of $1,444,911.36. Following the transaction, the chief executive officer now owns 959,682 shares of the company’s stock, valued at approximately $22,782,850.68. This trade represents a 5.96 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Ric Smith sold 2,341 shares of the firm’s stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $23.95, for a total value of $56,066.95. Following the transaction, the insider now directly owns 529,118 shares of the company’s stock, valued at $12,672,376.10. This represents a 0.44 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 314,682 shares of company stock valued at $7,094,571. Insiders own 5.60% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in S. Sylebra Capital LLC lifted its stake in SentinelOne by 6.2% in the fourth quarter. Sylebra Capital LLC now owns 9,613,281 shares of the company’s stock valued at $213,415,000 after acquiring an additional 564,327 shares during the last quarter. Brooklyn FI LLC boosted its position in shares of SentinelOne by 1,688.9% in the fourth quarter. Brooklyn FI LLC now owns 161,000 shares of the company’s stock valued at $3,574,000 after acquiring an additional 152,000 shares during the period. Sunbelt Securities Inc. acquired a new stake in SentinelOne in the 4th quarter worth $97,000. Castleark Management LLC acquired a new stake in shares of SentinelOne during the 4th quarter worth approximately $6,591,000. Finally, Ashford Capital Management Inc. increased its holdings in SentinelOne by 16.4% in the 4th quarter. Ashford Capital Management Inc. now owns 766,355 shares of the company’s stock valued at $17,013,000 after buying an additional 107,920 shares during the period. 90.87% of the stock is owned by hedge funds and other 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.