Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Sailpoint Inc shares valued at $54,768,750 were sold by THOMA BRAVO UGP, LLC on Feb 14 ’25. At $21.91 per share, THOMA BRAVO UGP, LLC sold 2,500,000 shares. The insider’s holdings dropped to 479,842,514 shares worth approximately $9.85 billion following the completion of this transaction.
Also, THOMA BRAVO UGP, LLC sold 2,500,000 shares, netting a total of over 54,768,750 in proceeds. Following the sale of shares at $21.91 each, the insider now holds 479,842,514 shares.
As published in their initiating research note from Truist on March 10, 2025, Sailpoint Inc [SAIL] has been a Buy and the price target has been revised to $29. Analysts at TD Cowen started covering the stock with ‘”a Buy”‘ outlook in a report released in early March. As of March 10, 2025, RBC Capital Mkts has initiated its “an Outperform” rating for SAIL. Earlier on March 10, 2025, Piper Sandler initiated its rating. Their recommendation was “an Overweight” for SAIL stock.
Analyzing SAIL Stock Performance
During the last five days, there has been a surge of approximately 3.22%. Over the course of the year, Sailpoint Inc shares have dropped approximately -6.73%.
Support And Resistance Levels for Sailpoint Inc (SAIL)
According to the 24-hour chart, there is a support level at 20.08, which, if violated, would cause prices to drop to 19.64. In the upper region, resistance lies at 21.28. The next price resistance is at 22.03. RSI (Relative Strength Index) is 47.82 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.30, which suggests the price will increase in the coming days. Percent R is at 40.92%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
