SailPoint (NASDAQ:SAIL – Get Free Report) issued an update on its second quarter 2027 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.070-0.080 for the period, compared to the consensus EPS estimate of 0.080. The company issued revenue guidance of $308.0 million-$312.0 million, compared to the consensus revenue estimate of $309.9 million. SailPoint also updated its FY 2027 guidance to 0.300-0.340 EPS.
SailPoint Stock Down 3.0%
SAIL stock opened at $17.69 on Tuesday. SailPoint has a 12-month low of $10.30 and a 12-month high of $24.95. The company has a market cap of $10.03 billion, a price-to-earnings ratio of -31.59 and a beta of 2.00. The company has a 50 day moving average of $13.60 and a two-hundred day moving average of $15.98.
SailPoint (NASDAQ:SAIL – Get Free Report) last released its earnings results on Tuesday, June 9th. The company reported $0.05 earnings per share (EPS) for the quarter. SailPoint had a negative net margin of 25.20% and a positive return on equity of 1.95%. The company had revenue of $280.14 million during the quarter. SailPoint has set its Q2 2027 guidance at 0.070-0.080 EPS and its FY 2027 guidance at 0.300-0.340 EPS. On average, research analysts anticipate that SailPoint will post 0.32 EPS for the current year.
Wall Street Analyst Weigh In
Get Our Latest Research Report on SAIL
Insider Buying and Selling at SailPoint
In other news, President Matt Mills sold 34,171 shares of the firm’s stock in a transaction on Thursday, April 9th. The shares were sold at an average price of $11.46, for a total transaction of $391,599.66. Following the transaction, the president owned 2,451,334 shares in the company, valued at approximately $28,092,287.64. This trade represents a 1.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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, General Counsel Christopher Schmitt sold 18,813 shares of the firm’s stock in a transaction on Thursday, April 9th. The shares were sold at an average price of $11.46, for a total transaction of $215,596.98. Following the transaction, the general counsel owned 1,355,551 shares in the company, valued at $15,534,614.46. This represents a 1.37% decrease in their position. The SEC filing for this sale provides additional information. 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 have sold 534,449 shares of company stock worth $6,569,848 in the last ninety days. Company insiders own 1.70% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Advisors Asset Management Inc. acquired a new position in SailPoint in the 4th quarter valued at $160,000. Northwest & Ethical Investments L.P. acquired a new position in SailPoint in the 4th quarter valued at $281,000. Loomis Sayles & Co. L P grew its stake in SailPoint by 433.4% in the 4th quarter. Loomis Sayles & Co. L P now owns 16,269 shares of the company’s stock valued at $329,000 after buying an additional 13,219 shares during the last quarter. GWN Securities Inc. acquired a new position in SailPoint in the 4th quarter valued at $330,000. Finally, Prelude Capital Management LLC acquired a new position in SailPoint in the 3rd quarter valued at $316,000.
About SailPoint
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.
Recommended Stories
- Five stocks we like better than SailPoint
- Walmart’s No. 2 Ranking Hides a Digital Transformation Story
- Campbell’s Soup Stock: Deep Value and a 7% Dividend Yield
- 3 Stocks With Fresh Catalysts to Watch Before the July 4
- Amprius Insiders Are Selling: Should Investors Be Worried?
Receive News & Ratings for SailPoint Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SailPoint and related companies with MarketBeat.com's FREE daily email newsletter.
