326,547 Shares in SailPoint, Inc. $SAIL Bought by Wellington Management Group LLP

Wellington Management Group LLP purchased a new position in SailPoint, Inc. (NASDAQ:SAIL) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 326,547 shares of the company’s stock, valued at approximately $4,781,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SAIL. State of Wyoming acquired a new position in shares of SailPoint during the second quarter valued at about $45,000. Palladiem LLC acquired a new stake in shares of SailPoint in the 4th quarter valued at about $42,000. Gables Capital Management Inc. acquired a new stake in shares of SailPoint in the 2nd quarter valued at about $29,000. Kestra Advisory Services LLC bought a new stake in SailPoint in the 4th quarter valued at about $42,000. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in SailPoint in the 2nd quarter valued at about $50,000.

SailPoint Stock Performance

SailPoint stock opened at $17.58 on Thursday. SailPoint, Inc. has a fifty-two week low of $10.30 and a fifty-two week high of $24.00. The stock has a market cap of $9.97 billion, a PE ratio of -65.11, a price-to-earnings-growth ratio of 1.86 and a beta of 2.17. The firm’s 50-day simple moving average is $17.21 and its 200 day simple moving average is $14.96.

SailPoint (NASDAQ:SAIL) last posted its quarterly earnings data on Wednesday, September 9th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.08 by $0.01. SailPoint had a negative net margin of 14.04% and a positive return on equity of 2.31%. The firm had revenue of $308.81 million during the quarter. During the same quarter last year, the business posted ($0.02) EPS. The company’s quarterly revenue was up 17.0% on a year-over-year basis. SailPoint has set its FY 2027 guidance at 0.300-0.340 EPS and its Q3 2027 guidance at 0.070-0.080 EPS. As a group, analysts predict that SailPoint, Inc. will post 0.32 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on SAIL shares. Truist Financial upped their price target on SailPoint from $18.00 to $23.00 and gave the stock a “buy” rating in a research note on Wednesday, August 19th. Weiss Ratings raised SailPoint from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, August 13th. Cantor Fitzgerald boosted their price objective on SailPoint from $23.00 to $25.00 and gave the company an “overweight” rating in a report on Tuesday, September 1st. Jefferies Financial Group reiterated a “buy” rating and issued a $23.00 target price on shares of SailPoint in a report on Friday, September 4th. Finally, Roth Capital assumed coverage on shares of SailPoint in a research report on Wednesday, May 20th. They issued a “buy” rating and a $19.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $20.73.

Insider Buying and Selling at SailPoint

In other news, CEO Mark D. Mcclain sold 93,260 shares of the firm’s stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $15.42, for a total transaction of $1,438,069.20. Following the completion of the sale, the chief executive officer directly owned 8,093,870 shares of the company’s stock, valued at $124,807,475.40. This trade represents a 1.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Mitra Rezvan sold 3,881 shares of SailPoint stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $15.42, for a total value of $59,845.02. Following the sale, the chief accounting officer owned 182,641 shares in the company, valued at $2,816,324.22. The trade was a 2.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 491,559 shares of company stock valued at $7,809,391 in the last ninety days. 1.70% of the stock is owned by corporate insiders.

More SailPoint News

Here are the key news stories impacting SailPoint this week:

• Positive Sentiment: SailPoint reported fiscal Q2 adjusted earnings of $0.09 per share, ahead of the $0.08 consensus estimate, while annual recurring revenue increased 25% year over year. SailPoint Q2 Earnings Surpass Estimates
• Positive Sentiment: The company outlined long-term fiscal 2029 goals, including at least $2.1 billion in ARR, supported by an expanded push into agentic artificial intelligence. This provides a potential growth catalyst if execution meets expectations. SailPoint FY2029 Targets
• Positive Sentiment: BTIG reaffirmed a Buy rating and assigned a $21 price target, implying meaningful upside from the reported trading level.
• Neutral Sentiment: Management maintained its fiscal 2027 outlook, calling for adjusted EPS of $0.30-$0.34 and revenue of approximately $1.3 billion. Full-year revenue guidance was broadly in line with expectations.
• Neutral Sentiment: Unusually high call-option activity indicated increased speculative interest, but options trading alone does not establish a fundamental change in valuation or business performance.
• Negative Sentiment: Q2 revenue rose 17% to $308.81 million, but reportedly missed expectations and represented a noticeable deceleration. Q3 adjusted EPS guidance of $0.07-$0.08 was also below the $0.08 consensus estimate. SailPoint Mixed Q2 Results and Guidance
• Negative Sentiment: Despite the adjusted EPS beat, SailPoint posted a negative net margin of 14.04%, and analysts cited margin stagnation, loss of Rule of 40 status, and stock-based compensation equal to roughly 22% of revenue.
• Negative Sentiment: One analyst downgraded SAIL to Sell, citing decelerating growth, competitive pressure from companies such as Palo Alto Networks, and a valuation that remains demanding after the stock’s rebound. SailPoint Downgrade

SailPoint 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.