SentinelOne Inc. (NYSE:S) shares traded -2.86% lower at $14.59 on Wall Street last session.
S stock price is now -1.23% away from the 50-day moving average and -36.35% away from the 200-day moving average. The market capitalization of the company currently stands at $3.99B.
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With the price target of $18, JP Morgan recently initiated with Overweight rating for SentinelOne Inc. (NYSE: S). On January 24, 2023, Guggenheim recently initiated its ‘Buy’ rating on the stock quoting a target price of $18, while ‘Deutsche Bank’ rates the stock as ‘Hold’.
In other news, Bernhardt David J., Chief Financial Officer sold 1,538 shares of the company’s stock on Dec 15. The stock was sold for $23,110 at an average price of $15.03. Upon completion of the transaction, the Chief Financial Officer now directly owns 97,483 shares in the company, valued at $1.42 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 14, President, CEO Weingarten Tomer sold 400,000 shares of the business’s stock. A total of $6,126,800 was realized by selling the stock at an average price of $15.32. This leaves the insider owning 259,427 shares of the company worth $3.79 million. Insiders disposed of 6,610,059 shares of company stock worth roughly $96.44 million over the past 1 year. A total of 0.50% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in S stock. A new stake in SentinelOne Inc. shares was purchased by T. ROWE PRICE INVESTMENT MANAGEMENT, INC. during the first quarter worth $70,562,000. CITADEL ADVISORS LLC invested $64,585,000 in shares of S during the first quarter. In the first quarter, LORD, ABBETT & CO. LLC acquired a new stake in SentinelOne Inc. valued at approximately $8,991,000. THORNBURG INVESTMENT MANAGEMENT INC acquired a new stake in S for approximately $5,865,000. TWINBEECH CAPITAL LP purchased a new stake in S valued at around $5,296,000 in the second quarter. In total, there are 317 active investors with 92.70% ownership of the company’s stock.
SentinelOne Inc. (NYSE: S) opened at $14.88 on Monday. During the past 12 months, SentinelOne Inc. has had a low of $12.69 and a high of $48.46. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 2.40, and a quick ratio of 2.40. The fifty day moving average price for S is $14.77 and a two-hundred day moving average price translates $22.92 for the stock.
The latest earnings results from SentinelOne Inc. (NYSE: S) was released for Jul, 2022. According to the Software – Infrastructure Company, earnings per share came in at -$0.2, beating analysts’ expectations of -$0.25 by 0.05. This compares to -$0.26 EPS in the same period last year. The net profit margin was -98.60% and return on equity was -21.40% for S. The company reported revenue of $115.32 million for the quarter, compared to $56.02 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 105.87 percent. For the current quarter, analysts expect S to generate $110.94M in revenue.
SentinelOne Inc.(S) Company Profile
SentinelOne, Inc. operates as a cybersecurity provider in the United States and internationally. The company’s Extended Detection and Response (XDR) data stack that fuses together the data, access, control, and integration planes of endpoint protection platform, endpoint detection and response, cloud workload protection platform, and IoT security into a centralized platform. Its Singularity XDR Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization’s endpoints; and cloud workloads, which enables seamless and automatic protection against a spectrum of cyber threats. The company was formerly known as Sentinel Labs, Inc. and changed its name to SentinelOne, Inc. in March 2021. SentinelOne, Inc. was incorporated in 2013 and is headquartered in Mountain View, California.
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