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 $8.42 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.
Wells Fargo initiated its Sailpoint Inc [SAIL] rating to an Equal weight in a research note published on April 14, 2025; the price target was $16. A number of analysts have revised their coverage, including Truist’s analysts, who began to cover the stock in early March with a ‘”a Buy”‘ rating. TD Cowen began covering SAIL with “Buy” recommendation on March 10, 2025. RBC Capital Mkts started covering the stock on March 10, 2025. It rated SAIL as “an Outperform”.
Price Performance Review of SAIL
On Tuesday, Sailpoint Inc [NASDAQ:SAIL] saw its stock jump 2.63% to $17.54. Over the last five days, the stock has lost -4.41%. Sailpoint Inc shares have fallen nearly -20.27% since the year began.
Levels Of Support And Resistance For SAIL Stock
The 24-hour chart illustrates a support level at 17.31, which if violated will result in even more drops to 17.07. On the upside, there is a resistance level at 17.69. A further resistance level may holdings at 17.83. The Relative Strength Index (RSI) on the 14-day chart is 45.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.97%. Stochastics %K at 18.76% indicates the stock is a buying.
The most recent change occurred on March 10, 2025 when Piper Sandler began covering the stock and recommended ‘”an Overweight”‘ rating along with a $30 price target.