This week's biggest % winners & losers : Apr 11 - 15, 22 (wk 15)

The following are this week's top percentage gainers and losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top % gainers

• Healthcare: SRRA (54.75 +43.1%), ATRS (5.56 +41.17%), TPTX (33.83 +32.77%), ZIMV (27.5 +16.77%)
• Energy: HPK (30.58 +37.07%), METC (19.43 +22.2%), BTU (32.54 +19.41%), CRK (16.69 +13.61%), EQT (42.5 +10.9%)
• Information Technology: SAIL (19.43 +22.2%), AVNW (34.06 +17.21%)
• Financials: CXW (13.4 +19.96%), LPLA (212.54 +10.39%)
• Consumer Discretionary: FOSL (10.8 +14.16%), BBWI (52.19 +13.14%)

This week's top % losers

• Healthcare: FULC (13.24 -37.75%), NSTG (22.11 -35.14%), ZNTL (26.48 -22.05%), MYOV (11.33 -21.86%), PTGX (19.95 -20.74%), VAXX (3.46 -16.63%), BLFS (16.94 -16.22%), INBX (18.32 -13.3%)
• Consumer Discretionary: RMBL (23.16 -21.2%), RIDE (2.51 -13.45%)
• Information Technology: VLD (5.2 -20.37%), MOMO (4.88 -15.28%), CRDO (11.41 -15.1%), INFY (20.46 -13.67%), CAN (4.19 -11.23%)
• Industrials: AMRC (57.08 -17.61%)
• Consumer Staples: BRFS (3.28 -11.83%)

=SailPoint (SAIL) to be acquired by Thoma Bravo for $6.9 bln

 

 SailPoint confirms agreement to be acquired by Thoma Bravo for $6.9 bln; stockholders to receive $65.25 per share in cash 

• The co has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm, in an all-cash transaction that values SailPoint at approximately $6.9 billion. Subject to the terms of the Agreement, SailPoint stockholders will receive $65.25 per share in cash, representing a premium of 48% to SailPoint's 90-day volume-weighted average price (VWAP). Upon completion of the transaction, SailPoint will become a privately held company with the flexibility and resources to continue providing industry-leading identity security solutions to modern enterprises around the world. Additionally, SailPoint will benefit from the operating capabilities, capital support, and deep software expertise of Thoma Bravo.
• Transaction Details:  A Special Committee of the Board of Directors of SailPoint has unanimously recommended, and following that recommendation, the Board has unanimouslyapproved, the agreement with Thoma Bravo, and the Board unanimously recommends that SailPoint stockholders vote in favor of the transaction at the Special Meeting of Shareholders to be called in connection with the transaction. The agreement includes a "go-shop" period expiring at 11:59 p.m. Eastern time on May 16, 2022, which allows the Board and its advisors to actively initiate, solicit and consider alternative acquisition proposals from third parties. The Board will have the right to terminate the merger agreement to enter into a superior proposal subject to the terms and conditions of the merger agreement. There can be no assurance that this "go-shop" will result in a superior proposal, and SailPoint does not intend to disclose developments with respect to the solicitation process unless and until it determines such disclosure is appropriate or otherwise required. The transaction is expected to close in the second half of 2022.

-=SailPoint (SAIL) reported earnings on Wed 6 Nov 19 (a/h)

SailPoint beats by $0.05, beats on revs; guides Q4 EPS below consensus, revs in-line

Reports Q3 (Sep) earnings of $0.07 per share, excluding non-recurring items, $0.05 better than the S&P Capital IQ Consensus of $0.02; revenues rose 15.4% year/year to $75.88 mln vs the $70.5 mln S&P Capital IQ Consensus.

Co issues guidance for Q4, sees EPS of $0.07-0.08, excluding non-recurring items, vs. $0.12 S&P Capital IQ Consensus; sees Q4 revs of $84.5-86.0 mln vs. $85.87 mln S&P Capital IQ Consensus.

=SailPoint (SAIL) reported earnings on Wed 21 Feb 2018 (a/h)

SailPoint beats by $0.09, beats on revs; guides Q1 and FY18 EPS and revenue above consensus 

• Reports Q4 (Dec) earnings of $0.17 per share, excluding non-recurring items, $0.09 better than the Capital IQ Consensus of $0.08; revenues rose 53% year/year to $67.8 mln vs the $55.65 mln Capital IQ Consensus. Adjusted EBITDA: Adjusted EBITDA was $17.1 million, compared to $11.5 million in Q4 2016.
• Co issues upside guidance for Q1, sees EPS of ($0.04) - ($0.03), excluding non-recurring items, vs. ($0.06) Capital IQ Consensus; sees Q1 revs of $44-45 mln vs. $43.02 mln Capital IQ Consensus Estimate.
• Co issues guidancefor FY18, sees EPS of $0.04-0.06, excluding non-recurring items, vs. $0.03 Capital IQ Consensus; sees FY18 revs of $220-224 mln vs. $216.43 mln Capital IQ Consensus.