SentinelOne (S) Set to Announce Quarterly Earnings on Wednesday

SentinelOne (NYSE:S) is scheduled to post its quarterly earnings results after the market closes on Wednesday, December 4th. Analysts expect SentinelOne to post earnings of $0.01 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

SentinelOne Trading Down 0.5 %

NYSE:S opened at $27.95 on Monday. The stock has a 50 day moving average of $26.03 and a two-hundred day moving average of $23.00. SentinelOne has a 12 month low of $14.33 and a 12 month high of $30.76. The firm has a market cap of $8.87 billion, a P/E ratio of -30.05 and a beta of 0.65.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Loop Capital lifted their target price on SentinelOne from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, August 28th. Susquehanna lifted their price objective on shares of SentinelOne from $22.00 to $28.00 and gave the company a “positive” rating in a report on Thursday, September 5th. 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 report on Tuesday, November 12th. JMP Securities restated a “market outperform” rating and issued a $33.00 price target on shares of SentinelOne in a research note on Wednesday, August 28th. Finally, Robert W. Baird increased their price objective on SentinelOne from $29.00 to $30.00 and gave the company an “outperform” rating in a research note on Friday, October 18th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, nineteen have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $28.96.

Insiders Place Their Bets

In other SentinelOne news, CEO Tomer Weingarten sold 70,655 shares of the stock in a transaction on Monday, November 11th. The shares were sold at an average price of $27.63, for a total transaction of $1,952,197.65. Following the transaction, the chief executive officer now directly owns 1,019,541 shares in the company, valued at $28,169,917.83. This represents a 6.48 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Ric Smith sold 14,584 shares of the stock in a transaction dated 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 directly owns 636,699 shares in the company, valued at $14,637,710.01. The trade was a 2.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 432,125 shares of company stock worth $10,367,734 in the last 90 days. 5.60% of the stock is owned by company insiders.

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.