In Thursday’s Wall Street session, SentinelOne Inc (NYSE:S) shares traded at $19.90, down -0.95% from the previous session.
S stock price is now -12.23% away from the 50-day moving average and -13.72% away from the 200-day moving average. The market capitalization of the company currently stands at $6.39B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target of $32, Oppenheimer recently initiated with Outperform rating for SentinelOne Inc (NYSE: S). On January 15, 2025, UBS Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock reducing its target price from $30 to quote $25, while ‘Jefferies’ rates the stock as ‘Buy’
In other news, Smith Ric, President, Prod Tech & Ops sold 14,584 shares of the company’s stock on Feb 25 ’25. The stock was sold for $305,608 at an average price of $20.96. Upon completion of the transaction, the President, Prod Tech & Ops now directly owns 529,118 shares in the company, valued at $10.53 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 13 ’25, President, CEO Weingarten Tomer sold 60,864 shares of the business’s stock. A total of $1,492,982 was realized by selling the stock at an average price of $24.53. This leaves the insider owning 939,726 shares of the company worth $18.7 million. A total of 13.41% 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 $29.29. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 1.53, and a quick ratio of 1.53.
The net profit margin was -37.61% and return on equity was -17.99% for S. The company reported revenue of $210.65 million for the quarter, compared to $164.16 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 28.31 percent.
