SentinelOne Inc (NYSE:S) shares traded -5.46% lower at $15.41 on Wall Street last session.
In accordance with the data, 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 $26.00 and a low of $15.00, we find $19.00. Given the previous closing price of $16.30, this indicates a potential upside of 16.56 percent. S stock price is now -6.60% away from the 50-day moving average and -3.94% away from the 200-day moving average. The market capitalization of the company currently stands at $4.56B.
It has been rated a hold by 17 analysts and a buy by 13. Brokers who have rated the stock have averaged $19.02 as their price target over the next twelve months.
In other news, Srivatsan Narayanan, Chief Operating Officer sold 12,587 shares of the company’s stock on Oct 06. The stock was sold for $201,913 at an average price of $16.04. Upon completion of the transaction, the Chief Operating Officer now directly owns 565,454 shares in the company, valued at $8.71 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 05, President, CEO Weingarten Tomer sold 47,365 shares of the business’s stock. A total of $771,083 was realized by selling the stock at an average price of $16.28. This leaves the insider owning 848,969 shares of the company worth $13.08 million. Insiders disposed of 2,533,976 shares of company stock worth roughly $39.05 million over the past 1 year. A total of 22.67% 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 $27,232,000. HOLOCENE ADVISORS, LP invested $24,763,000 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 $20,522,000. FRED ALGER MANAGEMENT, LLC acquired a new stake in S for approximately $19,445,000. CINCTIVE CAPITAL MANAGEMENT LP purchased a new stake in S valued at around $11,725,000 in the second quarter. In total, there are 398 active investors with 56.77% ownership of the company’s stock.
SentinelOne Inc (NYSE: S) opened at $16.12 on Wednesday. During the past 12 months, SentinelOne Inc has had a low of $12.43 and a high of $24.72. As of last week, the company has a debt-to-equity ratio of 0.02, a current ratio of 1.91, and a quick ratio of 1.91. The fifty day moving average price for S is $16.51 and a two-hundred day moving average price translates $16.05 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 -74.19% and return on equity was -23.37% 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.
SentinelOne Inc(S) Company Profile
SentinelOne, Inc. operates as a cybersecurity provider in the United States and internationally. Its Singularity Extended Detection and Response 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.
