Sailpoint Inc’s filing revealed that its 10% Owner THOMA BRAVO UGP, LLC unloaded Company’s shares for reported $54.77 million on Feb 14 ’25. In the deal valued at $21.91 per share,2,500,000 shares were sold. As a result of this transaction, THOMA BRAVO UGP, LLC now holds 479,842,514 shares worth roughly $7.84 billion.
Then, THOMA BRAVO UGP, LLC sold 2,500,000 shares, generating $54,768,750 in total proceeds. Upon selling the shares at $21.91, the 10% Owner now owns 479,842,514 shares.
Truist initiated its Sailpoint Inc [SAIL] rating to a Buy in a research note published on March 10, 2025; the price target was $29. A number of analysts have revised their coverage, including TD Cowen’s analysts, who began to cover the stock in early March with a ‘”a Buy”‘ rating. RBC Capital Mkts began covering SAIL with “an Outperform” recommendation on March 10, 2025. Piper Sandler started covering the stock on March 10, 2025. It rated SAIL as “an Overweight”.
Price Performance Review of SAIL
On Tuesday, Sailpoint Inc [NASDAQ:SAIL] saw its stock fall -1.03% to $16.34. Over the last five days, the stock has lost -10.66%. Sailpoint Inc shares have fallen nearly -25.73% since the year began.
Levels Of Support And Resistance For SAIL Stock
The 24-hour chart illustrates a support level at 15.60, which if violated will result in even more drops to 14.86. On the upside, there is a resistance level at 17.54. A further resistance level may holdings at 18.74. The Relative Strength Index (RSI) on the 14-day chart is 33.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.85%. Stochastics %K at 15.01% indicates the stock is a buying.
How much short interest is there in Sailpoint Inc?
A steep rise in short interest was recorded in Sailpoint Inc stocks on 2025-03-14, growing by 2.01 million shares to a total of 7.75 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 5.74 million shares. There was a rise of 25.92%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 10, 2025 when Morgan Stanley began covering the stock and recommended ‘”an Equal-weight”‘ rating along with a $26 price target.
