In yesterday’s Wall Street session, SentinelOne Inc. (NYSE:S) shares traded at $14.71, down -0.41% from the previous session.
31 analysts cover SentinelOne Inc. (NYSE:S), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $25.00 and a low of $12.00, we find $16.50. Given the previous closing price of $14.77, this indicates a potential upside of 11.71 percent. S stock price is now -2.65% away from the 50-day moving average and -7.78% away from the 200-day moving average. The market capitalization of the company currently stands at $4.26B.
The stock has received a hold rating from 16 analysts and a buy rating from 13. Brokers who have rated the stock have averaged $17.21 as their price target over the next twelve months.
In other news, Bernhardt David J., Chief Financial Officer sold 1,538 shares of the company’s stock on Aug 11. The stock was sold for $23,099 at an average price of $15.02. Upon completion of the transaction, the Chief Financial Officer now directly owns 424,418 shares in the company, valued at $6.24 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 10, President, CEO Weingarten Tomer sold 40,000 shares of the business’s stock. A total of $610,416 was realized by selling the stock at an average price of $15.26. This leaves the insider owning 870,838 shares of the company worth $12.81 million. Insiders disposed of 2,230,934 shares of company stock worth roughly $32.82 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 WESTFIELD CAPITAL MANAGEMENT CO LP during the first quarter worth $25,995,000. HOLOCENE ADVISORS, LP invested $23,638,000 in shares of S during the first quarter. In the first quarter, SCOPIA CAPITAL MANAGEMENT LP acquired a new stake in SentinelOne Inc. valued at approximately $19,590,000. FRED ALGER MANAGEMENT, LLC acquired a new stake in S for approximately $18,562,000. VONTOBEL HOLDING LTD. purchased a new stake in S valued at around $11,709,000 in the second quarter. In total, there are 398 active investors with 92.70% ownership of the company’s stock.
On Wednesday morning SentinelOne Inc. (NYSE: S) stock kicked off with the opening price of $14.71. During the past 12 months, SentinelOne Inc. has had a low of $12.43 and a high of $30.00. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 2.10, and a quick ratio of 2.10. The fifty day moving average price for S is $15.15 and a two-hundred day moving average price translates $15.91 for the stock.
The latest earnings results from SentinelOne Inc. (NYSE: S) was released for Apr, 2023. According to the Software – Infrastructure Company, earnings per share came in at -$0.15, beating analysts’ expectations of -$0.17 by 0.02. This compares to -$0.33 EPS in the same period last year. The net profit margin was -82.90% and return on equity was -23.60% for S. The company reported revenue of $133.39 million for the quarter, compared to $78.25 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 70.46 percent. For the current quarter, analysts expect S to generate $140.98M in revenue.
