SentinelOne (S) Scheduled to Post Earnings on Wednesday

SentinelOne (NYSE:S) is scheduled to release its earnings data after the market closes on Wednesday, December 4th. Analysts expect SentinelOne to post earnings of $0.01 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

SentinelOne Stock Down 1.9 %

Shares of SentinelOne stock opened at $27.42 on Tuesday. The company has a 50 day moving average price of $26.03 and a 200 day moving average price of $23.00. The firm has a market capitalization of $8.70 billion, a P/E ratio of -29.35 and a beta of 0.65. SentinelOne has a 52 week low of $14.33 and a 52 week high of $30.76.

Insider Transactions at SentinelOne

In related news, CEO Tomer Weingarten sold 82,116 shares of the stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $21.60, for a total value of $1,773,705.60. Following the transaction, the chief executive officer now owns 1,039,497 shares of the company’s stock, valued at $22,453,135.20. This represents a 7.32 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Ric Smith sold 23,567 shares of the stock in a transaction on Monday, September 9th. The shares were sold at an average price of $21.89, for a total value of $515,881.63. Following the completion of the transaction, the insider now directly owns 585,647 shares in the company, valued at $12,819,812.83. This trade represents a 3.87 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 417,541 shares of company stock valued at $10,032,448. 5.60% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on S shares. DA Davidson lifted their price target on SentinelOne from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th. Morgan Stanley restated an “equal weight” rating and issued a $29.00 price target on shares of SentinelOne in a research note on Monday. The Goldman Sachs Group restated a “neutral” rating and issued a $25.00 price target on shares of SentinelOne in a research note on Friday, September 13th. Wedbush upgraded SentinelOne to a “strong-buy” rating in a research note on Thursday, October 17th. Finally, Canaccord Genuity Group restated a “buy” rating and issued a $30.00 price target on shares of SentinelOne in a research note on Friday, October 18th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, eighteen have assigned a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $29.04.

About SentinelOne

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.