Sei Investments Co. Has $35.13 Million Stock Holdings in SailPoint Technologies Holdings, Inc. (NYSE:SAIL)

Sei Investments Co. cut its holdings in SailPoint Technologies Holdings, Inc. (NYSE:SAILGet Rating) by 10.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 686,450 shares of the company’s stock after selling 83,481 shares during the period. Sei Investments Co. owned approximately 0.73% of SailPoint Technologies worth $35,131,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Parkside Investments LLC bought a new stake in SailPoint Technologies in the first quarter worth $25,000. Parallel Advisors LLC boosted its holdings in SailPoint Technologies by 199.2% during the first quarter. Parallel Advisors LLC now owns 1,134 shares of the company’s stock valued at $57,000 after acquiring an additional 755 shares during the period. Signaturefd LLC boosted its holdings in SailPoint Technologies by 71.7% during the first quarter. Signaturefd LLC now owns 1,757 shares of the company’s stock valued at $90,000 after acquiring an additional 734 shares during the period. Silvant Capital Management LLC bought a new stake in SailPoint Technologies during the first quarter valued at about $105,000. Finally, Steph & Co. bought a new stake in SailPoint Technologies during the first quarter valued at about $136,000.

SailPoint Technologies Price Performance

SAIL stock opened at $65.24 on Friday. SailPoint Technologies Holdings, Inc. has a 52-week low of $34.98 and a 52-week high of $65.24. The company has a 50-day moving average of $64.28 and a two-hundred day moving average of $59.33. The stock has a market capitalization of $6.19 billion, a price-to-earnings ratio of -67.26 and a beta of 1.41.

SailPoint Technologies (NYSE:SAILGet Rating) last released its quarterly earnings results on Tuesday, August 9th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.07. SailPoint Technologies had a negative net margin of 18.58% and a negative return on equity of 15.79%. The company had revenue of $134.28 million during the quarter, compared to analysts’ expectations of $123.19 million. During the same period in the prior year, the company earned ($0.13) earnings per share. The business’s quarterly revenue was up 31.0% compared to the same quarter last year. Equities analysts expect that SailPoint Technologies Holdings, Inc. will post -0.78 EPS for the current fiscal year.

SailPoint Technologies Profile

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SailPoint Technologies Holdings, Inc provides enterprise identity security solutions in the United States, Europe, the Middle East, Africa, and internationally. The company offers software as a service (SaaS) and software platforms, which provide organizations visibility and the intelligence required to empower users and manage their access to systems, applications, and data across hybrid information technology environments, spanning on-premises, cloud and mobile applications, and file storage platforms.

See Also

Institutional Ownership by Quarter for SailPoint Technologies (NYSE:SAIL)

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