Do investors have a safe investment in SentinelOne Inc (NYSE:S)?

The price of SentinelOne Inc (NYSE:S) shares last traded on Wall Street fell -0.30% to $23.04.

S stock price is now 14.39% away from the 50-day moving average and 4.59% away from the 200-day moving average. The market capitalization of the company currently stands at $7.21B.

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With the price target of $25, Robert W. Baird recently initiated with Outperform rating for SentinelOne Inc (NYSE: S). On June 04, 2024, Canaccord Genuity Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock reducing its target price from $28 to quote $23, while ‘Needham’ rates the stock as ‘Buy’

In other news, Smith Ric, CPO & CTO sold 14,583 shares of the company’s stock on Jul 25 ’24. The stock was sold for $343,221 at an average price of $23.54. Upon completion of the transaction, the CPO & CTO now directly owns 639,834 shares in the company, valued at $14.74 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 18 ’24, President, CEO Weingarten Tomer sold 60,864 shares of the business’s stock. A total of $1,250,242 was realized by selling the stock at an average price of $20.54. This leaves the insider owning 1,119,312 shares of the company worth $25.79 million. A total of 15.95% of the company’s stock is owned by insiders.

During the past 12 months, SentinelOne Inc has had a low of $13.87 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 1.79, and a quick ratio of 1.79. The fifty day moving average price for S is $20.17 and a two-hundred day moving average price translates $22.0607 for the stock.

The latest earnings results from SentinelOne Inc (NYSE: S) was released for 2024-04-30. The net profit margin was -44.79% and return on equity was -18.68% for S. The company reported revenue of $186.35 million for the quarter, compared to $133.39 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 39.7 percent.

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