Sailpoint Technologies Holdings Inc (NYSE:SAIL) CEO Mark D. Mcclain sold 33,000 shares of the business’s stock in a transaction that occurred on Friday, February 15th. The stock was sold at an average price of $31.72, for a total transaction of $1,046,760.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
SAIL stock opened at $31.48 on Wednesday. The firm has a market capitalization of $2.78 billion, a PE ratio of 787.00 and a beta of 1.78. Sailpoint Technologies Holdings Inc has a 12 month low of $16.34 and a 12 month high of $34.60.
Hedge funds have recently added to or reduced their stakes in the company. Quantamental Technologies LLC purchased a new stake in Sailpoint Technologies during the fourth quarter worth $68,000. Harvest Fund Management Co. Ltd purchased a new stake in Sailpoint Technologies during the third quarter worth $106,000. Meeder Asset Management Inc. purchased a new stake in Sailpoint Technologies during the fourth quarter worth $88,000. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in Sailpoint Technologies during the fourth quarter worth $103,000. Finally, Rehmann Capital Advisory Group purchased a new stake in Sailpoint Technologies during the fourth quarter worth $128,000. 74.34% of the stock is currently owned by institutional investors and hedge funds.
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About Sailpoint Technologies
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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