SailPoint (NASDAQ:SAIL) President Sells $269,498.47 in Stock

SailPoint, Inc. (NASDAQ:SAIL) President Matt Mills sold 13,771 shares of the business’s stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $19.57, for a total value of $269,498.47. Following the sale, the president directly owned 1,850,983 shares in the company, valued at $36,223,737.31. The trade was a 0.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Wednesday, January 7th, Matt Mills sold 18,159 shares of SailPoint stock. The shares were sold at an average price of $19.90, for a total value of $361,364.10.
• 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 value of $410,464.35.

SailPoint Stock Performance

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

SailPoint (NASDAQ:SAIL) last posted its quarterly earnings data 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 negative net margin of 30.87% and a positive return on equity of 0.16%. The company had revenue of $281.94 million during the quarter, compared to analyst estimates of $270.35 million. SailPoint’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.

More SailPoint News

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

Several research analysts have issued reports on SAIL shares. Wells Fargo & Company boosted their target price on SailPoint from $20.00 to $23.00 and gave the company an “equal weight” rating in a research report on Tuesday, September 30th. BMO Capital Markets reiterated an “outperform” rating on shares of SailPoint in a research report on Thursday, December 11th. Mizuho cut their price target on shares of SailPoint from $24.00 to $23.00 and set a “neutral” rating on the stock in a report on Tuesday, December 9th. Scotiabank decreased their price objective on shares of SailPoint from $25.00 to $24.00 and set a “sector outperform” rating for the company in a report on Wednesday, December 10th. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of SailPoint in a research report on Wednesday, December 3rd. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $26.01.

Hedge Funds Weigh In On SailPoint

A number of hedge funds and other institutional investors have recently modified their holdings of SAIL. Blue Trust Inc. increased its holdings in SailPoint by 4.2% during the third quarter. Blue Trust Inc. now owns 16,886 shares of the company’s stock valued at $373,000 after buying an additional 673 shares during the period. Essex Financial Services Inc. boosted its position in SailPoint by 7.8% during the 3rd quarter. Essex Financial Services Inc. now owns 13,157 shares of the company’s stock valued at $291,000 after acquiring an additional 947 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new position in shares of SailPoint in the 3rd quarter valued at $31,000. Oppenheimer Asset Management Inc. raised its position in shares of SailPoint by 3.3% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 46,895 shares of the company’s stock worth $1,072,000 after acquiring an additional 1,510 shares in the last quarter. Finally, Loomis Sayles & Co. L P purchased a new stake in shares of SailPoint during the 2nd quarter worth $42,000.

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.