Sailpoint Technologies (NYSE:SAIL) will be announcing its earnings results after the market closes on Thursday, February 21st. Analysts expect the company to announce earnings of $0.03 per share for the quarter.
NYSE SAIL opened at $31.12 on Thursday. Sailpoint Technologies has a 1-year low of $15.65 and a 1-year high of $34.60. The firm has a market cap of $2.77 billion, a PE ratio of 778.00 and a beta of 1.78.
A number of equities analysts recently commented on the stock. Morgan Stanley set a $28.00 price objective on shares of Sailpoint Technologies and gave the stock a “hold” rating in a research note on Friday, October 19th. Zacks Investment Research raised shares of Sailpoint Technologies from a “hold” rating to a “buy” rating and set a $29.00 price target for the company in a research note on Friday, November 16th. Goldman Sachs Group upgraded shares of Sailpoint Technologies from a “neutral” rating to a “buy” rating and raised their price objective for the company from $32.00 to $33.00 in a report on Monday, November 12th. Finally, Monness Crespi & Hardt initiated coverage on shares of Sailpoint Technologies in a report on Wednesday, January 2nd. They issued a “buy” rating and a $30.00 target price on the stock. Three analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $30.79.
In other Sailpoint Technologies news, CFO James Cameron Mcmartin sold 14,000 shares of the firm’s stock in a transaction dated Monday, November 19th. The shares were sold at an average price of $24.82, for a total value of $347,480.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CRO Howard R. Greenfield sold 7,981 shares of Sailpoint Technologies stock in a transaction that occurred on Wednesday, November 21st. The shares were sold at an average price of $24.42, for a total transaction of $194,896.02. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 182,581 shares of company stock valued at $4,758,518. Corporate insiders own 4.70% of the company’s stock.
Sailpoint Technologies Company Profile
SailPoint Technologies Holdings, Inc designs, develops, and markets identity governance software solutions in North America, Europe, and the Asia Pacific. The company offers on-premises software and cloud-based solutions, which empower organizations to govern the digital identities of employees, contractors, business partners, and other users, as well as manage their constantly changing access rights to enterprise applications and data across hybrid IT environments.
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