Liontrust Investment Partners LLP Takes Position in SailPoint, Inc. $SAIL

Liontrust Investment Partners LLP purchased a new position in SailPoint, Inc. (NASDAQ:SAIL) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 211,412 shares of the company’s stock, valued at approximately $4,833,000.

Other hedge funds also recently bought and sold shares of the company. Loomis Sayles & Co. L P bought a new position in SailPoint in the second quarter valued at about $42,000. Kayne Anderson Rudnick Investment Management LLC purchased a new stake in shares of SailPoint during the 1st quarter valued at about $49,000. Quarry LP bought a new position in shares of SailPoint in the 1st quarter worth approximately $70,000. Amalgamated Bank purchased a new position in shares of SailPoint in the second quarter worth approximately $71,000. Finally, BNP Paribas Financial Markets bought a new stake in SailPoint during the second quarter valued at approximately $79,000.

SailPoint Stock Performance

Shares of SAIL stock opened at $21.03 on Monday. The stock has a fifty day simple moving average of $20.64 and a two-hundred day simple moving average of $20.93. The firm has a market capitalization of $11.81 billion and a PE ratio of -4.39. SailPoint, Inc. has a 52-week low of $15.05 and a 52-week high of $26.35.

SailPoint (NASDAQ:SAIL) last released its quarterly earnings data on Tuesday, December 9th. The company reported $0.08 earnings per share 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 firm had revenue of $281.94 million during the quarter, compared to analyst estimates of $270.35 million. The business’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.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on SAIL shares. Morgan Stanley upgraded shares of SailPoint from an “equal weight” rating to an “overweight” rating and set a $25.00 price target on the stock in a research report on Tuesday, September 2nd. Mizuho decreased their target price on SailPoint from $24.00 to $23.00 and set a “neutral” rating on the stock in a report on Tuesday, December 9th. BTIG Research reissued a “buy” rating and set a $29.00 price target on shares of SailPoint in a report on Tuesday, September 30th. Robert W. Baird began coverage on SailPoint in a research report on Monday, October 27th. They issued an “outperform” rating and a $26.00 price target for the company. Finally, Wolfe Research started coverage on SailPoint in a research report on Monday, October 20th. They set an “outperform” rating and a $27.00 price objective on the stock. 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 company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $26.15.

Insider Activity at SailPoint

In related news, CEO Mark D. Mcclain sold 175,425 shares of the company’s stock in a transaction on Thursday, October 9th. The shares were sold at an average price of $22.42, for a total transaction of $3,933,028.50. Following the completion of the transaction, the chief executive officer owned 7,200,308 shares in the company, valued at approximately $161,430,905.36. This represents a 2.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, President Matt Mills sold 61,279 shares of the firm’s stock in a transaction on Thursday, October 9th. The shares were sold at an average price of $22.42, for a total transaction of $1,373,875.18. Following the transaction, the president directly owned 1,904,258 shares of the company’s stock, valued at $42,693,464.36. The trade was a 3.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,026,454 shares of company stock worth $23,056,195 over the last ninety days.

SailPoint Company Profile

SailPoint, Inc delivers solutions to enable comprehensive identity security for the enterprise. Its solutions enable organizations to establish, control, and automate policies that help them define and maintain a robust security posture and achieve regulatory compliance. The company was founded by Mark David McClain in 2005 and is headquartered in Austin, TX.