In yesterday’s Wall Street session, SentinelOne Inc. (NYSE:S) shares traded at $16.80, down -2.38% from the previous session.
As of this writing, 31 analysts cover SentinelOne Inc. (NYSE:S). 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 $17.21, this indicates a potential upside of 10.4 percent. S stock price is now 6.88% away from the 50-day moving average and 6.76% away from the 200-day moving average. The market capitalization of the company currently stands at $5.09B.
There are 17 analysts who have given it a hold rating, whereas 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 $14.26 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 $8.36 million. Insiders disposed of 2,299,449 shares of company stock worth roughly $38.63 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 $29,688,000. HOLOCENE ADVISORS, LP invested $26,996,000 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 $22,373,000. FRED ALGER MANAGEMENT, LLC acquired a new stake in S for approximately $21,199,000. VONTOBEL HOLDING LTD. purchased a new stake in S valued at around $13,372,000 in the second quarter. In total, there are 398 active investors with 92.70% ownership of the company’s stock.
Friday morning saw SentinelOne Inc. (NYSE: S) opened at $17.09. During the past 12 months, SentinelOne Inc. has had a low of $12.43 and a high of $28.63. 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 $15.77 and a two-hundred day moving average price translates $15.74 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.
