Aperture Investors LLC Purchases Shares of 457,616 SailPoint, Inc. $SAIL

Key Points

• Aperture Investors LLC has acquired a stake in SailPoint, purchasing 457,616 shares valued at approximately $8.58 million, representing 0.08% ownership.
• Wall Street analysts have a consensus rating of "Moderate Buy" on SailPoint, with target prices ranging from $25.00 to $29.00.
• SailPoint reported a 22.8% year-over-year revenue growth in its latest earnings, with a revenue of $230.47 million and an EPS of $0.01, surpassing analyst expectations.

Aperture Investors LLC acquired a new position in SailPoint, Inc. (NASDAQ:SAIL - Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 457,616 shares of the company's stock, valued at approximately $8,580,000. Aperture Investors LLC owned 0.08% of SailPoint as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the company. Stony Point Capital LLC acquired a new position in shares of SailPoint during the 1st quarter worth about $281,000. Vident Advisory LLC acquired a new position in shares of SailPoint during the 1st quarter worth about $623,000. Siren L.L.C. acquired a new position in shares of SailPoint during the 1st quarter worth about $1,781,000. Caisse DE Depot ET Placement DU Quebec acquired a new position in shares of SailPoint during the 1st quarter worth about $3,105,000. Finally, Comerica Bank acquired a new position in shares of SailPoint during the 1st quarter worth about $175,000.

SailPoint Stock Performance

Shares of NASDAQ:SAIL traded down $0.13 during mid-day trading on Friday, reaching $20.64. 1,272,026 shares of the company were exchanged, compared to its average volume of 2,179,399. The firm's 50-day simple moving average is $20.94 and its 200 day simple moving average is $20.08. SailPoint, Inc. has a 1 year low of $15.05 and a 1 year high of $26.35.

SailPoint (NASDAQ:SAIL - Get Free Report) last posted its quarterly earnings data on Wednesday, June 11th. The company reported $0.01 earnings per share for the quarter, topping analysts' consensus estimates of ($0.01) by $0.02. The company had revenue of $230.47 million for the quarter, compared to analysts' expectations of $225.18 million. The firm's quarterly revenue was up 22.8% on a year-over-year basis. SailPoint has set its FY 2026 guidance at 0.160-0.200 EPS. Q2 2026 guidance at 0.040-0.050 EPS.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. JPMorgan Chase & Co. upgraded shares of SailPoint from a "neutral" rating to an "overweight" rating and set a $26.00 price target for the company in a research report on Wednesday, August 13th. Barclays increased their price target on shares of SailPoint from $23.00 to $25.00 and gave the company an "overweight" rating in a research note on Thursday, June 12th. Cantor Fitzgerald started coverage on shares of SailPoint in a research note on Monday, June 30th. They issued an "overweight" rating and a $29.00 price target for the company. Royal Bank Of Canada reissued an "outperform" rating and issued a $29.00 price target (up previously from $27.00) on shares of SailPoint in a research note on Thursday, June 12th. Finally, Arete Research raised shares of SailPoint to a "strong sell" rating and set a $16.00 price target for the company in a research note on Monday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $25.50.

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.