SentinelOne (S) to Release Quarterly Earnings on Wednesday

SentinelOne (NYSE:S) is set to announce its earnings results after the market closes on Wednesday, December 4th. Analysts expect the company to announce earnings of $0.01 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

SentinelOne Stock Performance

Shares of S opened at $27.42 on Tuesday. SentinelOne has a fifty-two week low of $14.33 and a fifty-two week high of $30.76. The company has a market capitalization of $8.70 billion, a price-to-earnings ratio of -29.35 and a beta of 0.65. The firm has a 50-day simple moving average of $26.03 and a 200-day simple moving average of $23.00.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on S shares. JMP Securities reiterated a “market outperform” rating and set a $33.00 target price on shares of SentinelOne in a research note on Wednesday, August 28th. Deutsche Bank Aktiengesellschaft upgraded shares of SentinelOne from a “hold” rating to a “buy” rating and increased their target price for the stock from $25.00 to $32.00 in a research note on Tuesday, November 12th. BTIG Research increased their price target on shares of SentinelOne from $28.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, August 28th. Sanford C. Bernstein cut their price target on shares of SentinelOne from $37.00 to $32.00 and set an “outperform” rating for the company in a report on Wednesday, August 28th. Finally, Piper Sandler raised shares of SentinelOne from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $25.00 to $32.00 in a report on Monday, October 14th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, eighteen have issued a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $29.04.

Insider Transactions at SentinelOne

In related news, CEO Tomer Weingarten sold 82,116 shares of the firm’s stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $21.60, for a total transaction of $1,773,705.60. Following the sale, the chief executive officer now owns 1,039,497 shares in the company, valued at approximately $22,453,135.20. This trade represents a 7.32 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Robin Tomasello sold 5,022 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $22.80, for a total transaction of $114,501.60. Following the sale, the chief accounting officer now owns 193,542 shares in the company, valued at approximately $4,412,757.60. This trade represents a 2.53 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 417,541 shares of company stock valued at $10,032,448 in the last ninety days. Corporate insiders own 5.60% of the company’s stock.

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.