SailPoint Technologies Holdings, Inc. (SAIL) Reaches $24.03 After 4.00% Up Move; Texas Pacific Land Trust (TPL) Sentiment Is 1.19

April 19, 2018 - By Dolores Ford

Texas Pacific Land Trust (NYSE:TPL) Logo

The stock of SailPoint Technologies Holdings, Inc. (NYSE:SAIL) is a huge mover today! The stock increased 0.33% or $0.08 during the last trading session, reaching $24.03. About 203,532 shares traded. SailPoint Technologies Holdings, Inc. (NYSE:SAIL) has 0.00% since April 19, 2017 and is . It has underperformed by 11.55% the S&P500.The move comes after 9 months positive chart setup for the $2.10 billion company. It was reported on Apr, 19 by We have $24.99 PT which if reached, will make NYSE:SAIL worth $83.84M more.

Texas Pacific Land Trust (TPL) investors sentiment increased to 1.19 in Q4 2017. It’s up 0.07, from 1.12 in 2017Q3. The ratio has improved, as 44 hedge funds increased or opened new holdings, while 37 reduced and sold positions in Texas Pacific Land Trust. The hedge funds in our database reported: 2.86 million shares, down from 2.87 million shares in 2017Q3. Also, the number of hedge funds holding Texas Pacific Land Trust in top ten holdings was flat from 7 to 7 for the same number . Sold All: 5 Reduced: 32 Increased: 30 New Position: 14.

SailPoint Technologies Holdings, Inc. designs, develops, and markets identity governance software solutions in North America, Europe, and the Asia Pacific. The company has market cap of $2.10 billion. The firm offers on-premises software and cloud 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. It currently has negative earnings. The Company’s solutions include IdentityIQ, an on-premises identity governance solution; IdentityNow, a cloud multi-tenant governance suite; SecurityIQ, an on-premises data access governance solution that secures access to data stored in file servers, collaboration portals, mailboxes, and cloud storage systems; and IdentityAI, an identity analytics solution for organizations to detect potential threats before they turn into security breaches.

Analysts await SailPoint Technologies Holdings, Inc. (NYSE:SAIL) to report earnings on May, 9 after the close. After $0.11 actual EPS reported by SailPoint Technologies Holdings, Inc. for the previous quarter, Wall Street now forecasts -127.27% negative EPS growth.

Mad River Investors holds 28.04% of its portfolio in Texas Pacific Land Trust for 57,339 shares. Horizon Kinetics Llc owns 1.80 million shares or 23.6% of their US portfolio. Moreover, Lawson Kroeker Investment Management Inc Ne has 9.39% invested in the company for 65,353 shares. The Texas-based First Dallas Securities Inc. has invested 8.95% in the stock. Hodges Capital Management Inc., a Texas-based fund reported 138,313 shares.

Texas Pacific Land Trust holds title to tracts of land in the state of Texas, the United States. The company has market cap of $4.23 billion. It manages these lands for the benefit of the holders of Certificates of Proprietary Interest in the Trust. It has a 55.59 P/E ratio. The firm is also involved in the sale of land, gas and oil royalties, and grazing leases of the land.

Texas Pacific Land Trust (NYSE:TPL) Institutional Positions Chart

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