SentinelOne (NYSE:S) Sets New 12-Month Low – Should You Sell?

SentinelOne, Inc. (NYSE:S)’s stock price hit a new 52-week low during trading on Monday . The company traded as low as $12.32 and last traded at $12.4150, with a volume of 1163225 shares changing hands. The stock had previously closed at $12.97.

Analysts Set New Price Targets

S has been the topic of several recent research reports. Cantor Fitzgerald decreased their price target on SentinelOne from $24.00 to $22.00 and set an “overweight” rating on the stock in a report on Monday, November 24th. JPMorgan Chase & Co. reduced their target price on shares of SentinelOne from $19.00 to $17.00 and set a “neutral” rating on the stock in a research note on Friday, December 5th. Needham & Company LLC reaffirmed a “buy” rating and set a $21.00 price target on shares of SentinelOne in a research note on Friday, December 12th. Rosenblatt Securities reiterated a “buy” rating and set a $24.00 price target on shares of SentinelOne in a report on Friday, December 5th. Finally, Canaccord Genuity Group decreased their price objective on shares of SentinelOne from $26.00 to $23.00 and set a “buy” rating for the company in a research note on Friday, December 5th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $21.53.

SentinelOne Stock Down 4.4%

The company’s fifty day moving average is $14.30 and its two-hundred day moving average is $16.13. The stock has a market cap of $4.22 billion, a price-to-earnings ratio of -9.92 and a beta of 0.77.

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

Insider Buying and Selling at SentinelOne

In related news, insider Ana G. Pinczuk sold 11,900 shares of the stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $14.82, for a total value of $176,358.00. Following the transaction, the insider directly owned 560,589 shares of the company’s stock, valued at $8,307,928.98. This trade represents a 2.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Barbara A. Larson sold 11,173 shares of the business’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $14.82, for a total transaction of $165,583.86. Following the completion of the sale, the chief financial officer directly owned 539,372 shares of the company’s stock, valued at approximately $7,993,493.04. This trade represents a 2.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 331,694 shares of company stock worth $4,849,673. 4.33% of the stock is owned by insiders.

Institutional Trading of SentinelOne

Hedge funds and other institutional investors have recently made changes to their positions in the company. Woodline Partners LP purchased a new position in SentinelOne during the first quarter worth about $382,000. Focus Partners Wealth purchased a new position in shares of SentinelOne during the 1st quarter worth approximately $346,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of SentinelOne in the 2nd quarter valued at approximately $437,000. AlphaQuest LLC purchased a new stake in shares of SentinelOne in the second quarter valued at approximately $115,000. Finally, Brighton Jones LLC purchased a new stake in shares of SentinelOne in the second quarter valued at approximately $281,000. Hedge funds and other institutional investors own 90.87% of the company’s stock.

SentinelOne Company Profile

SentinelOne, Inc is a cybersecurity company specializing in AI-driven, autonomous endpoint protection. Founded in 2013 and headquartered in Mountain View, California, the firm developed its Singularity Platform to unify prevention, detection, response, and hunting across endpoints, cloud workloads, containers and IoT devices. SentinelOne’s solutions leverage machine learning and behavioral analytics to identify threats in real time, automate remediation workflows and deliver forensics to support rapid incident response.

The company’s flagship product suite includes endpoint security agents, cloud workload protection, identity threat detection and extended detection and response (XDR) capabilities.