Matt Mills Sells 18,159 Shares of SailPoint (NASDAQ:SAIL) Stock

SailPoint, Inc. (NASDAQ:SAIL) President Matt Mills sold 18,159 shares of SailPoint stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $19.90, for a total transaction of $361,364.10. Following the completion of the transaction, the president directly owned 1,864,754 shares in the company, valued at approximately $37,108,604.60. This trade represents a 0.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Matt Mills also recently made the following trade(s):

• On Thursday, January 8th, Matt Mills sold 13,771 shares of SailPoint stock. The shares were sold at an average price of $19.57, for a total transaction of $269,498.47.
• On Tuesday, January 6th, Matt Mills sold 21,345 shares of SailPoint stock. The stock was sold at an average price of $19.23, for a total transaction of $410,464.35.

SailPoint Stock Up 0.7%

Shares of NASDAQ:SAIL opened at $19.67 on Friday. The company’s fifty day moving average is $19.91 and its two-hundred day moving average is $20.91. SailPoint, Inc. has a 12-month low of $15.05 and a 12-month high of $26.35. The company has a market cap of $11.05 billion and a P/E ratio of -4.11.

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

Institutional Trading of SailPoint

Several large investors have recently added to or reduced their stakes in SAIL. Norges Bank acquired a new position in shares of SailPoint during the 2nd quarter worth $112,297,000. Voya Investment Management LLC acquired a new stake in shares of SailPoint in the 1st quarter valued at $53,616,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in SailPoint in the second quarter worth $64,453,000. UBS Group AG increased its position in SailPoint by 116.3% during the third quarter. UBS Group AG now owns 4,128,038 shares of the company’s stock worth $91,147,000 after buying an additional 2,219,593 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC acquired a new position in SailPoint during the third quarter worth $26,365,000.

SailPoint News Summary

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

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on SAIL shares. Scotiabank dropped their target price on SailPoint from $25.00 to $24.00 and set a “sector outperform” rating on the stock in a report on Wednesday, December 10th. Royal Bank Of Canada boosted their price objective on shares of SailPoint from $24.00 to $26.00 and gave the company an “outperform” rating in a research report on Monday. Berenberg Bank began coverage on shares of SailPoint in a research report on Tuesday, November 18th. They issued a “buy” rating and a $31.70 target price for the company. Baird R W raised shares of SailPoint to a “strong-buy” rating in a research note on Monday, October 27th. Finally, Barclays lowered their price target on shares of SailPoint from $25.00 to $23.00 and set an “overweight” rating on the stock in a report on Thursday, December 4th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, SailPoint presently has an average rating of “Moderate Buy” and a consensus price target of $26.01.

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.