SailPoint (NASDAQ:SAIL) General Counsel Sells $201,587.00 in Stock

SailPoint, Inc. (NASDAQ:SAIL) General Counsel Christopher Schmitt sold 10,130 shares of the stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $19.90, for a total transaction of $201,587.00. Following the transaction, the general counsel owned 1,047,826 shares in the company, valued at $20,851,737.40. The trade was a 0.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Christopher Schmitt also recently made the following trade(s):

• On Thursday, January 8th, Christopher Schmitt sold 4,507 shares of SailPoint stock. The shares were sold at an average price of $19.57, for a total transaction of $88,201.99.
• On Tuesday, January 6th, Christopher Schmitt sold 11,908 shares of SailPoint stock. The shares were sold at an average price of $19.23, for a total transaction of $228,990.84.

SailPoint Stock Up 0.7%

Shares of NASDAQ:SAIL opened at $19.67 on Friday. The stock has a market cap of $11.05 billion and a PE ratio of -4.11. The company’s fifty day moving average is $19.91 and its 200 day moving average is $20.88. SailPoint, Inc. has a 52 week low of $15.05 and a 52 week high of $26.35.

SailPoint (NASDAQ:SAIL) last announced its quarterly earnings data on Tuesday, December 9th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.02. The firm had revenue of $281.94 million for the quarter, compared to analysts’ expectations of $270.35 million. SailPoint had a positive return on equity of 0.16% and a negative net margin of 30.87%.SailPoint’s revenue for the quarter 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.

Key Stories Impacting 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

Analyst Ratings Changes

A number of research firms have recently weighed in on SAIL. Wolfe Research initiated coverage on SailPoint in a research note on Monday, October 20th. They set an “outperform” rating and a $27.00 price objective for the company. Barclays cut 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. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of SailPoint in a research note on Wednesday, December 3rd. Berenberg Bank started coverage on SailPoint in a research note on Tuesday, November 18th. They issued a “buy” rating and a $31.70 target price on the stock. Finally, Robert W. Baird assumed coverage on SailPoint in a report on Monday, October 27th. They set an “outperform” rating and a $26.00 price target on the stock. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $26.01.

Institutional Trading of SailPoint

Institutional investors and hedge funds have recently bought and sold shares of the stock. SG Americas Securities LLC boosted its position in 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 acquiring an additional 2,571 shares in the last quarter. Maridea Wealth Management LLC purchased a new position in shares of SailPoint in the 4th quarter valued at approximately $1,816,000. JPMorgan Chase & Co. boosted its position in shares of 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 purchasing an additional 65,329 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in SailPoint in the third quarter worth $133,000. Finally, Sender Co & Partners Inc. bought a new position in SailPoint in the third quarter worth $860,000.

SailPoint Company Profile

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.