According to information from Bloomberg, the twenty-two research firms presently covering SentinelOne, Inc. (NYSE:S) have assigned the stock an average rating of “Moderate Buy” to the share price. One financial analyst has suggested that investors sell the stock; another four have stated that investors should keep their current holdings, and eleven financial analysts have stated that investors should buy the security. The average price target for one year that brokers who have evaluated the stock in the preceding year have set for the stock is $26.45 per share. Brokers who assessed the stock in the preceding year have set this price target.
Many analysts have been discussing stock as their topic of choice in their writings and presentations. According to a research note published on December 7, Cowen decreased their price objective on SentinelOne shares, bringing it down from $45.00 to $35.00. This was stated in the research note. William Blair published a research note on SentinelOne shares on Thursday, November 10, announcing that it would begin covering the company’s shares. They recommended that investors “outperform” the stock. DA Davidson stated in a research note published on December 7 that they would be decreasing their price target for SentinelOne shares from $40.00 to $22.00. The new price target was announced. Redburn Partners announced they would cover SentinelOne shares in a research note published on December 1. They gave the stock a ” neutral ” rating and forecasted it would eventually reach a price of $18.00 per share. In a research note published on Wednesday, December 7, UBS Group stated that although they have maintained their “buy” rating on the stock, their price target for SentinelOne shares has decreased from $39.00 to $25.00. This change occurred even though they have maintained their “buy” rating on the stock.
The Chief Financial Officer of SentinelOne, David J. Bernhardt, sold 1,538 shares on Thursday, October 13. This is related to previous news regarding SentinelOne. It was found that each share was sold for an average of $20.97, which led to a total sale volume of $32,251.86. As a result of the sale being finalized, the chief financial officer now has direct control over 100,732 company shares, which have a value of $2,112,350.04. If you follow the link, you will be taken to a document submitted to the SEC, which will provide you with additional information regarding the sale. The Chief Financial Officer of SentinelOne, David J. Bernhardt, sold 1,538 shares on Thursday, October 13. This is related to previous news regarding SentinelOne. It was found that each share was sold for an average of $20.97, which led to a total sale volume of $32,251.86. As a result of the sale being finalized, the chief financial officer now has direct control over 100,732 company shares, which have a value of $2,112,350.04. If you follow the link, you will be taken to a document submitted to the SEC, which will provide you with additional information regarding the sale.
Additionally, on December 12, SentinelOne CEO Tomer Weingarten sold 400,000 shares of the company’s stock, bringing the total number of shares sold to 800,000. It was determined that each share was sold for $15.81, which resulted in a total sale volume of 6,324,000.00 dollars. The average price of the shares was $15.81. After the completion of the transaction, the Chief Executive Officer now owns a total of 259,427 shares of the company, which have a combined value of $4,101,540.87. Disclosures that are related to the sale might be found in this section of the website. Insiders sold a total of 835,558 shares of company stock with a total value of $13,039,871 three months before the most recent sale. 7.48% of the total number of shares currently outstanding in the company are held by insiders.
As a result of recent occurrences, institutional investors and hedge funds have adjusted the proportion of their holdings in the company they have invested in. FinTrust Capital Advisors LLC invested approximately $26,000 during the year’s second quarter to purchase additional shares of SentinelOne. During the third quarter, Lazard Asset Management LLC spent about $31,000 to make a new investment in SentinelOne. The investment had a total cost of about $31,000. In addition, during the second quarter, Islay Capital Management LLC increased the percentage of SentinelOne in which it is invested by 50.0%. Islay Capital Management LLC now has a total of 1,500 shares, valued at $35,000, after making an additional purchase of 500 shares during the most recent quarter. In addition, a fresh financial commitment to SentinelOne was made by Advisors Asset Management Inc. during the first three months of 2018, costing approximately $43,000. Finally, Gordian Capital Singapore Pte Ltd increased the proportion of its total capital invested in SentinelOne by 1,881.2% during the second quarter. Gordian Capital Singapore Pte Ltd now directly owns 2,001 shares in the company after purchasing an additional 1,900 shares during the previous quarter. There is a value of $47,000 associated with these shares. Institutional investors and hedge funds collectively own 79.18% of the total number of shares in the company, making up the majority of the shareholders.
When trading started on Friday, the price per share of SentinelOne was determined to be $13.27. The cost of SentinelOne has fluctuated widely over the previous twelve months, going from as low as $12.80 to as high as $53.97. The simple moving average of the company’s stock price over the past 50 days is $17.59, and the simple moving average over the last 200 days is $22.78.
On Tuesday, December 6, SentinelOne (NYSE:S) made its most recent quarterly earnings report available to the general public. This report covered the company’s most recent financial results. The actual earnings per share generated by the company for the quarter came in at $0.16, which was $0.06 more than what industry analysts had anticipated ($0.22 per share). According to the analysts’ projections, the company’s quarterly sales could fall between $111 million and $115 million, with a difference of 32,000 dollars in either direction. The business of SentinelOne exhibited several characteristics: a negative return on equity of 20.34% and a negative net margin of 98.61%. The revenue that SentinelOne brought in during the quarter went up by 105.9% when measured against what it was during the same period the year before. The company reported a loss of $0.25 per share of sales during the same period in the previous year’s financial statements. Sell-side analysts predict that SentinelOne will experience a loss in earnings per share of $1.38 during the current fiscal year.
SentinelOne, Inc. serves clients located not only in the United States but also in other countries with its cybersecurity services. The company’s Extended Detection and Response (XDR) data stack offer a unified and centralized platform for data, access, control, and integration. In addition, the company provides this platform. This platform combines the capabilities of the endpoint detection and response platform with those of the endpoint protection platform. Additionally, the cloud workload protection platform and IoT security are both included.
Discussion about this post