Public Employees Retirement System of Ohio Invests $427,000 in SailPoint, Inc. $SAIL

Key Points

• The Public Employees Retirement System of Ohio has invested approximately $427,000 in **SailPoint, Inc.** by acquiring 18,666 shares in the second quarter.
• Several institutional investors have started new positions in SailPoint, with notable investments including $53.6 million from Voya Investment Management and $7.5 million from Goldman Sachs Group.
• SailPoint recently surpassed analysts' earnings expectations with a reported EPS of $0.07 for the quarter, exceeding the consensus estimate of $0.04.

Public Employees Retirement System of Ohio purchased a new stake in shares of SailPoint, Inc. (NASDAQ:SAIL - Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 18,666 shares of the company's stock, valued at approximately $427,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Voya Investment Management LLC acquired a new stake in shares of SailPoint during the first quarter valued at about $53,616,000. Goldman Sachs Group Inc. acquired a new position in shares of SailPoint in the first quarter worth about $7,546,000. Siren L.L.C. purchased a new position in SailPoint in the first quarter valued at about $1,781,000. Raymond James Financial Inc. acquired a new stake in SailPoint during the 1st quarter valued at approximately $3,441,000. Finally, Phoenix Financial Ltd. purchased a new stake in SailPoint during the 1st quarter worth approximately $4,321,000.

Analyst Ratings Changes

Several equities analysts have recently commented on SAIL shares. BMO Capital Markets reduced their target price on SailPoint from $27.00 to $25.00 and set an "outperform" rating for the company in a research note on Tuesday, September 9th. Mizuho upped their price target on shares of SailPoint from $24.00 to $25.00 and gave the company a "neutral" rating in a report on Tuesday, September 30th. Barclays raised their price objective on shares of SailPoint from $23.00 to $25.00 and gave the stock an "overweight" rating in a report on Thursday, June 12th. Morgan Stanley upgraded shares of SailPoint from an "equal weight" rating to an "overweight" rating and set a $25.00 target price on the stock in a research note on Tuesday, September 2nd. Finally, Arete assumed coverage on shares of SailPoint in a research report on Monday, July 7th. They set a "sell" rating and a $16.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $25.58.

SailPoint Stock Performance

SAIL opened at $23.52 on Monday. The business has a 50 day moving average price of $21.04 and a two-hundred day moving average price of $20.00. 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 Tuesday, September 9th. The company reported $0.07 EPS for the quarter, topping analysts' consensus estimates of $0.04 by $0.03. The firm had revenue of $264.36 million during the quarter, compared to the consensus estimate of $243.41 million. SailPoint's revenue was up 32.9% on a year-over-year basis. SailPoint has set its FY 2026 guidance at 0.200-0.220 EPS. Q3 2026 guidance at 0.050-0.06 EPS.

About SailPoint

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.

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