SentinelOne Inc (NYSE:S) shares traded 4.84% higher at $23.16 on Wall Street last session.
S stock price is now -13.44% away from the 50-day moving average and 17.43% away from the 200-day moving average. The market capitalization of the company currently stands at $6.92B.
With the price target enhanced from $28 to $31, Needham maintained Buy rating for SentinelOne Inc (NYSE: S). On February 14, 2024, BofA Securities Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $26.50 to quote $35, while ‘BTIG Research’ rates the stock as ‘Buy’
In other news, Smith Ric, CPO & CTO sold 17,738 shares of the company’s stock on Mar 07 ’24. The stock was sold for $478,894 at an average price of $27.00. Upon completion of the transaction, the CPO & CTO now directly owns 694,021 shares in the company, valued at $16.07 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 06 ’24, President, CEO Weingarten Tomer sold 69,427 shares of the business’s stock. A total of $1,880,632 was realized by selling the stock at an average price of $27.09. This leaves the insider owning 1,285,122 shares of the company worth $29.76 million. A total of 23.42% of the company’s stock is owned by insiders.
During the past 12 months, SentinelOne Inc has had a low of $12.43 and a high of $30.76. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 2.11, and a quick ratio of 2.05. The fifty day moving average price for S is $26.75 and a two-hundred day moving average price translates $19.73 for the stock.
The latest earnings results from SentinelOne Inc (NYSE: S) was released for Jan, 2024. According to the Software – Infrastructure Company, earnings per share came in at -$0.02, beating analysts’ expectations of -$0.04 by 0.02. This compares to -$0.35 EPS in the same period last year. The net profit margin was -54.53% and return on equity was -20.84% for S. The company reported revenue of $164.16 million for the quarter, compared to $115.32 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 42.35 percent. For the current quarter, analysts expect S to generate $181.09M in revenue.
