SentinelOne (S) Expected to Announce Quarterly Earnings on Wednesday

SentinelOne (NYSE:S) is anticipated to announce its earnings results after the market closes on Wednesday, March 12th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $222.33 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

SentinelOne Price Performance

Shares of NYSE S opened at $18.12 on Tuesday. The company has a market cap of $5.82 billion, a PE ratio of -19.27 and a beta of 0.78. SentinelOne has a 12 month low of $14.33 and a 12 month high of $29.29. The company has a 50-day simple moving average of $22.65 and a 200-day simple moving average of $24.19.

Insider Buying and Selling at SentinelOne

In other news, CEO Tomer Weingarten sold 82,116 shares of the company’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $23.61, for a total value of $1,938,758.76. Following the completion of the sale, the chief executive officer now owns 959,682 shares in the company, valued at $22,658,092.02. This represents a 7.88 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Robin Tomasello sold 6,378 shares of SentinelOne stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $19.55, for a total transaction of $124,689.90. Following the completion of the transaction, the chief accounting officer now directly owns 230,685 shares in the company, valued at $4,509,891.75. This represents a 2.69 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 396,798 shares of company stock valued at $9,033,329 in the last quarter. Corporate insiders own 5.60% of the company’s stock.

Analyst Ratings Changes

S has been the topic of several analyst reports. Citigroup decreased their price objective on SentinelOne from $28.00 to $27.00 and set a “neutral” rating on the stock in a report on Friday, January 17th. JPMorgan Chase & Co. cut their target price on shares of SentinelOne from $33.00 to $27.00 and set an “overweight” rating on the stock in a research note on Monday. Cantor Fitzgerald began coverage on SentinelOne in a research report on Thursday, January 9th. They set an “overweight” rating and a $30.00 price target on the stock. Jefferies Financial Group raised shares of SentinelOne from a “hold” rating to a “buy” rating and upped their price objective for the company from $27.00 to $30.00 in a research report on Thursday, December 19th. Finally, Barclays decreased their price target on shares of SentinelOne from $30.00 to $28.00 and set an “equal weight” rating for the company in a research report on Thursday, December 5th. Seven investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, SentinelOne presently has a consensus rating of “Moderate Buy” and a consensus price target of $29.26.

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.