Brian Carolan Sells 30,638 Shares of SailPoint (NASDAQ:SAIL) Stock

SailPoint, Inc. (NASDAQ:SAIL) CFO Brian Carolan sold 30,638 shares of the stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $19.57, for a total value of $599,585.66. Following the completion of the transaction, the chief financial officer directly owned 1,277,795 shares in the company, valued at approximately $25,006,448.15. This represents a 2.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Brian Carolan also recently made the following trade(s):

• On Wednesday, January 7th, Brian Carolan sold 12,961 shares of SailPoint stock. The shares were sold at an average price of $19.90, for a total value of $257,923.90.
• On Tuesday, January 6th, Brian Carolan sold 15,234 shares of SailPoint stock. The stock was sold at an average price of $19.23, for a total transaction of $292,949.82.

SailPoint Trading Up 0.7%

SAIL opened at $19.67 on Friday. The company’s 50 day moving average is $19.91 and its 200 day moving average is $20.91. The company has a market cap of $11.05 billion and a price-to-earnings ratio of -4.11. SailPoint, Inc. has a 12-month low of $15.05 and a 12-month high of $26.35.

SailPoint (NASDAQ:SAIL) last released its quarterly earnings results on Tuesday, December 9th. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.02. The business had revenue of $281.94 million for the quarter, compared to the consensus estimate of $270.35 million. SailPoint had a negative net margin of 30.87% and a positive return on equity of 0.16%. The firm’s revenue was up 19.8% compared to the same quarter last year. SailPoint has set its FY 2026 guidance at 0.220-0.230 EPS and its Q4 2026 guidance at 0.080-0.09 EPS.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on SAIL shares. BMO Capital Markets reaffirmed an “outperform” rating on shares of SailPoint in a research note on Thursday, December 11th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of SailPoint in a report on Wednesday, December 3rd. Royal Bank Of Canada upped their price target on shares of SailPoint from $24.00 to $26.00 and gave the stock an “outperform” rating in a research report on Monday. Wolfe Research initiated coverage on shares of SailPoint in a research report on Monday, October 20th. They set an “outperform” rating and a $27.00 price objective on the stock. Finally, Berenberg Bank started coverage on shares of SailPoint in a report on Tuesday, November 18th. They issued a “buy” rating and a $31.70 target price for the company. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $26.01.

Institutional Trading of SailPoint

Several hedge funds have recently bought and sold shares of SAIL. SG Americas Securities LLC boosted its holdings in shares of SailPoint by 9.0% during the 4th quarter. SG Americas Securities LLC now owns 31,199 shares of the company’s stock valued at $631,000 after purchasing an additional 2,571 shares during the last quarter. Maridea Wealth Management LLC bought a new position in SailPoint during the fourth quarter valued at approximately $1,816,000. JPMorgan Chase & Co. boosted its stake in SailPoint by 215.7% during the third quarter. JPMorgan Chase & Co. now owns 95,616 shares of the company’s stock valued at $2,111,000 after buying an additional 65,329 shares during the last quarter. FNY Investment Advisers LLC purchased a new position in SailPoint during the 3rd quarter valued at approximately $133,000. Finally, Sender Co & Partners Inc. bought a new stake in SailPoint in the 3rd quarter worth approximately $860,000.

Trending Headlines about SailPoint

Here are the key news stories impacting SailPoint this week:

• Positive Sentiment: BTIG reaffirmed a “buy” and raised its emphasis on near-term catalysts, issuing a $29 price target that implies meaningful upside versus current levels — a direct bullish signal for momentum and investor confidence. BTIG Reaffirmation
• Positive Sentiment: MarketBeat and other commentary framed the recent pullback as market-driven (not due to an earnings miss or guidance cut), positioning the decline as a potential buying window given SailPoint’s strong revenue growth and >$1B ARR profile. That narrative supports short-term buying interest. MarketBeat Buying-Window
• Neutral Sentiment: Coverage remains mixed but constructive overall — several firms maintain Buy/Outperform ratings and analysts’ targets still imply upside (consensus target ~ $26), while a few houses remain cautious. This keeps analyst-driven volatility possible but not uniformly negative. Wall Street Coverage
• Neutral Sentiment: Benzinga summarized seven analyst projections for SailPoint, providing varied near-term views — useful context for relative targets but not an immediate catalyst on its own. Benzinga Analyst Projections
• Negative Sentiment: Clustered insider selling from Jan. 6–8 — including the CEO, CFO, President and other senior execs selling sizeable blocks over multiple days — is the biggest near-term headwind. Large, concurrent Form 4 filings weigh on sentiment even though filings show insiders retain large positions; investors often interpret concentrated sales as caution or liquidity events. Representative SEC filing (CEO sales): CEO Form 4
• Negative Sentiment: Smaller insider sell notices (e.g., Abby Payne) were also reported and aggregated in media/filings, reinforcing the perception of executive selling pressure. These individual disclosures amplify the broader selling narrative. Abby Payne Sale

About SailPoint

SailPoint Technologies Holdings, Inc (NASDAQ: SAIL) is a leading provider of enterprise identity governance solutions that enable organizations to manage and secure user access across on-premises, cloud and hybrid IT environments. Its software automates identity lifecycle management, access certifications, policy enforcement and privileged account governance, helping enterprises reduce security risks, maintain regulatory compliance and streamline IT operations. The company’s flagship offerings include IdentityIQ, a comprehensive on-premises platform, and IdentityNow, a cloud-native identity governance-as-a-service solution.

Founded in 2005 by industry veterans Mark McClain and Kevin Cunningham, SailPoint is headquartered in Austin, Texas.