Top 5 Stock Picks of Mick Hellman’s HMI Capital

4. SailPoint Technologies Holdings, Inc. (NYSE:SAIL)

Mick Hellman’s HMI Capital’s Stake Value: $377,223,000

Percentage of Mick Hellman’s HMI Capital’s 13F Portfolio: 11.31%

Stock Price as of December 29: $47.47

SailPoint Technologies Holdings, Inc. (NYSE:SAIL) is a software-as-a-service (SaaS) provider that provides governments and organizations with identity security services across the IT infrastructure. The Austin, Texas-based corporation, founded in 2005, maintains the digital identities of business partners, contractors, employees, software bots and also keeps track of the evolving access rights to applications and data. According to Insider Monkey’s proprietary data comprising 867 hedge funds, 24 hedge funds held a stake in SailPoint Technologies Holdings, Inc. (NYSE:SAIL), with an accumulated value of $958 million at the end of Q3 2021.

In an update published on November 10, T. Michael Walkley at Canaccord gave a price target of $75 on SailPoint Technologies Holdings, Inc. (NYSE:SAIL) with a Buy rating.