SailPoint, Inc. $SAIL Stock Position Raised by Stephens Investment Management Group LLC

Stephens Investment Management Group LLC increased its position in SailPoint, Inc. (NASDAQ:SAIL) by 10.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,679,495 shares of the company’s stock after buying an additional 165,741 shares during the period. Stephens Investment Management Group LLC’s holdings in SailPoint were worth $37,083,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SAIL. Norges Bank acquired a new stake in SailPoint in the second quarter valued at approximately $112,297,000. Voya Investment Management LLC raised its holdings in shares of SailPoint by 10.1% during the 3rd quarter. Voya Investment Management LLC now owns 4,309,070 shares of the company’s stock valued at $95,144,000 after purchasing an additional 395,287 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of SailPoint in the 2nd quarter valued at $64,453,000. Geode Capital Management LLC lifted its stake in shares of SailPoint by 27.7% in the 2nd quarter. Geode Capital Management LLC now owns 1,402,224 shares of the company’s stock valued at $32,061,000 after purchasing an additional 303,836 shares during the last quarter. Finally, Soros Fund Management LLC boosted its holdings in SailPoint by 30.7% in the second quarter. Soros Fund Management LLC now owns 1,352,235 shares of the company’s stock worth $30,912,000 after purchasing an additional 317,505 shares in the last quarter.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Robert W. Baird started coverage on SailPoint in a report on Monday, October 27th. They set an “outperform” rating and a $26.00 target price on the stock. Berenberg Bank assumed coverage on SailPoint in a report on Tuesday, November 18th. They set a “buy” rating and a $31.70 price objective on the stock. Scotiabank reduced their target price on SailPoint from $25.00 to $24.00 and set a “sector outperform” rating for the company in a report on Wednesday, December 10th. Mizuho decreased their target price on SailPoint from $24.00 to $23.00 and set a “neutral” rating for the company in a research report on Tuesday, December 9th. Finally, Baird R W raised shares of SailPoint to a “strong-buy” rating in a research report on Monday, October 27th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $26.01.

SailPoint Stock Down 3.3%

SAIL opened at $18.27 on Friday. The stock’s 50 day moving average price is $19.79 and its two-hundred day moving average price is $20.76. The firm has a market capitalization of $10.26 billion and a P/E ratio of -3.81. SailPoint, Inc. has a 12-month low of $15.05 and a 12-month high of $26.35.

SailPoint (NASDAQ:SAIL) last issued its quarterly earnings results on Tuesday, December 9th. The company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.02. SailPoint had a positive return on equity of 0.16% and a negative net margin of 30.87%.The company had revenue of $281.94 million during the quarter, compared to analyst estimates of $270.35 million. SailPoint’s revenue for the quarter was up 19.8% on a year-over-year basis. SailPoint has set its FY 2026 guidance at 0.220-0.230 EPS and its Q4 2026 guidance at 0.080-0.09 EPS.

Insider Transactions at SailPoint

In other SailPoint news, EVP Chandrasekar Gnanasambandam sold 4,245 shares of the firm’s stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $19.57, for a total value of $83,074.65. Following the sale, the executive vice president directly owned 517,351 shares in the company, valued at $10,124,559.07. This trade represents a 0.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Abby Payne sold 3,582 shares of the business’s stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $19.57, for a total transaction of $70,099.74. Following the transaction, the insider owned 678,807 shares in the company, valued at approximately $13,284,252.99. The trade was a 0.52% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 354,243 shares of company stock worth $6,924,823. 2.00% of the stock is currently owned by insiders.

SailPoint Company Profile

SailPoint Technologies Holdings, Inc (NASDAQ: SAIL) is a leading provider of enterprise identity governance solutions that enable organizations to manage and secure user access across on-premises, cloud and hybrid IT environments. Its software automates identity lifecycle management, access certifications, policy enforcement and privileged account governance, helping enterprises reduce security risks, maintain regulatory compliance and streamline IT operations. The company’s flagship offerings include IdentityIQ, a comprehensive on-premises platform, and IdentityNow, a cloud-native identity governance-as-a-service solution.

Founded in 2005 by industry veterans Mark McClain and Kevin Cunningham, SailPoint is headquartered in Austin, Texas.