113,896 Shares in SailPoint, Inc. $SAIL Acquired by NewEdge Wealth LLC

Posted by Brian Himes on Jul 27th, 2026

NewEdge Wealth LLC purchased a new position in SailPoint, Inc. (NASDAQ:SAIL – Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 113,896 shares of the company’s stock, valued at approximately $1,508,000.

A number of other institutional investors have also made changes to their positions in SAIL. Norges Bank acquired a new position in SailPoint in the fourth quarter valued at about $234,681,000. OFI Invest Asset Management boosted its holdings in SailPoint by 79.6% during the fourth quarter. OFI Invest Asset Management now owns 905,653 shares of the company’s stock worth $18,321,000 after buying an additional 401,431 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of SailPoint by 22.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,412,578 shares of the company’s stock worth $26,768,000 after buying an additional 255,720 shares during the period. JPMorgan Chase & Co. grew its position in shares of SailPoint by 215.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 95,616 shares of the company’s stock worth $2,111,000 after buying an additional 65,329 shares during the period. Finally, Stephens Investment Management Group LLC grew its position in shares of SailPoint by 14.2% during the 4th quarter. Stephens Investment Management Group LLC now owns 1,917,324 shares of the company’s stock worth $38,787,000 after buying an additional 237,829 shares during the period.

SailPoint Stock Performance

Shares of SAIL stock opened at $14.95 on Monday. The company has a market capitalization of $8.48 billion, a P/E ratio of -55.37, a price-to-earnings-growth ratio of 1.66 and a beta of 2.20. The company’s 50 day moving average price is $15.21 and its two-hundred day moving average price is $14.66. SailPoint, Inc. has a 52 week low of $10.30 and a 52 week high of $24.00.

SailPoint (NASDAQ:SAIL – Get Free Report) last announced its quarterly earnings results on Tuesday, June 9th. The company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. The firm had revenue of $280.14 million for the quarter. SailPoint had a negative net margin of 14.04% and a positive return on equity of 2.31%. The business’s quarterly revenue was up 21.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.01 EPS. SailPoint has set its Q2 2027 guidance at 0.070-0.080 EPS and its FY 2027 guidance at 0.300-0.340 EPS. Analysts forecast that SailPoint, Inc. will post 0.33 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on SAIL shares. Jefferies Financial Group downgraded shares of SailPoint from a “buy” rating to a “buy” rating in a research report on Wednesday, June 17th. The Goldman Sachs Group restated a “neutral” rating and set a $19.00 price objective on shares of SailPoint in a report on Wednesday, June 10th. Mizuho set a $16.00 target price on shares of SailPoint in a research note on Wednesday, June 10th. Wells Fargo & Company increased their target price on shares of SailPoint from $17.00 to $19.00 and gave the stock an “overweight” rating in a report on Wednesday, June 10th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of SailPoint in a research report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, SailPoint has an average rating of “Moderate Buy” and a consensus target price of $20.08.

Read Our Latest Stock Analysis on SailPoint

Insider Buying and Selling at SailPoint

In related news, insider Abby Payne sold 16,999 shares of the business’s stock in a transaction on Wednesday, July 8th. The shares were sold at an average price of $15.42, for a total value of $262,124.58. Following the sale, the insider directly owned 891,965 shares of the company’s stock, valued at approximately $13,754,100.30. The trade was a 1.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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, CEO Mark D. Mcclain sold 93,260 shares of the company’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 transaction, the chief executive officer directly owned 8,093,870 shares of the company’s stock, valued at approximately $124,807,475.40. The trade was a 1.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 497,832 shares of company stock valued at $7,934,851 over the last quarter. 1.70% of the stock is currently owned by corporate insiders.

About SailPoint

(Free Report)

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.