Stocks of SentinelOne Inc (NYSE:S) traded higher last session on Wall Street, down -2.89% to $23.56.
S stock price is now 8.13% away from the 50-day moving average and 3.00% away from the 200-day moving average. The market capitalization of the company currently stands at $7.47B.
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With the price target enhanced from $25 to $29, Needham maintained Buy rating for SentinelOne Inc (NYSE: S). On August 22, 2024, Wells Fargo Upgraded its previous ‘Equal Weight’ rating to ‘Overweight’ on the stock increasing its target price from $19 to quote $29, while ‘Robert W. Baird’ rates the stock as ‘Outperform’
In other news, Weingarten Tomer, President, CEO sold 60,864 shares of the company’s stock on Aug 12 ’24. The stock was sold for $1,306,671 at an average price of $21.47. Upon completion of the transaction, the President, CEO now directly owns 1,099,356 shares in the company, valued at $25.9 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 09 ’24, Chief Financial Officer Bernhardt David J. sold 4,021 shares of the business’s stock. A total of $85,741 was realized by selling the stock at an average price of $21.32. This leaves the insider owning 500,064 shares of the company worth $11.78 million. A total of 15.76% of the company’s stock is owned by insiders.
During the past 12 months, SentinelOne Inc has had a low of $14.33 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 1.64, and a quick ratio of 1.64. The fifty day moving average price for S is $21.8996 and a two-hundred day moving average price translates $22.9107 for the stock.
The latest earnings results from SentinelOne Inc (NYSE: S) was released for 2024-07-31. The net profit margin was -38.91% and return on equity was -17.47% for S. The company reported revenue of $198.94 million for the quarter, compared to $149.42 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 33.14 percent. For the current quarter, analysts expect S to generate $209.75M in revenue.
