9,332 Shares in SailPoint, Inc. $SAIL Acquired by Comerica Bank

Comerica Bank purchased a new position in shares of SailPoint, Inc. (NASDAQ:SAIL) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 9,332 shares of the company’s stock, valued at approximately $175,000.

Several other large investors also recently modified their holdings of the stock. Assetmark Inc. bought a new stake in SailPoint in the first quarter valued at $32,000. Kayne Anderson Rudnick Investment Management LLC acquired a new stake in shares of SailPoint in the 1st quarter valued at about $49,000. Picton Mahoney Asset Management bought a new stake in SailPoint in the 1st quarter valued at about $87,000. PNC Financial Services Group Inc. acquired a new position in SailPoint during the 1st quarter worth approximately $150,000. Finally, Caitong International Asset Management Co. Ltd acquired a new position in SailPoint during the 1st quarter worth approximately $212,000.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on SAIL shares. Arete began coverage on SailPoint in a report on Monday, July 7th. They set a “sell” rating and a $16.00 price objective for the company. Mizuho lifted their price target on shares of SailPoint from $24.00 to $26.00 and gave the company a “neutral” rating in a research report on Wednesday, June 11th. BTIG Research restated a “buy” rating and set a $29.00 price objective on shares of SailPoint in a report on Tuesday. BMO Capital Markets lowered their price objective on shares of SailPoint from $27.00 to $25.00 and set an “outperform” rating on the stock in a report on Tuesday. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $29.00 price objective (up previously from $27.00) on shares of SailPoint in a report on Thursday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $25.48.

SailPoint Stock Performance

Shares of NASDAQ SAIL opened at $19.81 on Thursday. The stock’s 50 day moving average price is $20.64 and its 200-day moving average price is $19.96. SailPoint, Inc. has a twelve month low of $15.05 and a twelve month high of $26.35.

SailPoint (NASDAQ:SAIL) last issued its quarterly earnings results on Tuesday, September 9th. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.03. The business had revenue of $264.36 million for the quarter, compared to the consensus estimate of $243.41 million. The company’s quarterly revenue was up 32.9% compared to the same quarter last year. 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.