The stock of SentinelOne Inc. (NYSE:S) last traded at $17.04, down -3.57% from the previous session.
Data from the available sources indicates that SentinelOne Inc. (NYSE:S) is covered by 31 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $23.00 and a low of $15.00, we find $19.00. Given the previous closing price of $17.67, this indicates a potential upside of 7.53 percent. S stock price is now 9.20% away from the 50-day moving average and 8.35% away from the 200-day moving average. The market capitalization of the company currently stands at $5.07B.
In total, 17 analysts have assigned it a hold rating, and 13 have given it a buy rating. Brokers who have rated the stock have averaged $18.74 as their price target over the next twelve months.
In other news, Weingarten Tomer, President, CEO sold 40,000 shares of the company’s stock on Sep 07. The stock was sold for $682,868 at an average price of $17.07. Upon completion of the transaction, the President, CEO now directly owns 848,969 shares in the company, valued at $14.47 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 07, CPO & CTO Smith Ric sold 15,318 shares of the business’s stock. A total of $261,461 was realized by selling the stock at an average price of $17.07. This leaves the insider owning 497,754 shares of the company worth $8.48 million. Insiders disposed of 2,299,449 shares of company stock worth roughly $39.18 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 $30,113,000. HOLOCENE ADVISORS, LP invested $27,382,000 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 $22,693,000. FRED ALGER MANAGEMENT, LLC acquired a new stake in S for approximately $21,502,000. VONTOBEL HOLDING LTD. purchased a new stake in S valued at around $13,563,000 in the second quarter. In total, there are 398 active investors with 92.70% ownership of the company’s stock.
With an opening price of $17.46 on Tuesday morning, SentinelOne Inc. (NYSE: S) set off the trading day. During the past 12 months, SentinelOne Inc. has had a low of $12.43 and a high of $29.44. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 2.00, and a quick ratio of 2.00. The fifty day moving average price for S is $15.64 and a two-hundred day moving average price translates $15.73 for the stock.
The latest earnings results from SentinelOne Inc. (NYSE: S) was released for Jul, 2023. According to the Software – Infrastructure Company, earnings per share came in at -$0.08, beating analysts’ expectations of -$0.14 by 0.06. This compares to -$0.35 EPS in the same period last year. The net profit margin was -74.20% and return on equity was -23.80% for S. The company reported revenue of $149.42 million for the quarter, compared to $102.5 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 45.77 percent. For the current quarter, analysts expect S to generate $156.09M in revenue.
