SailPoint, Inc. (NASDAQ:SAIL) Given Consensus Recommendation of “Moderate Buy” by Brokerages

SailPoint, Inc. (NASDAQ:SAIL) has received a consensus rating of “Moderate Buy” from the twenty-three research firms that are currently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating, fifteen have issued a buy rating and three have issued a strong buy rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $25.9182.

A number of research firms have recently weighed in on SAIL. Scotiabank lowered their price target on shares of SailPoint from $25.00 to $24.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, December 10th. BTIG Research restated a “buy” rating and set a $29.00 target price on shares of SailPoint in a research report on Thursday, January 8th. Robert W. Baird initiated coverage on shares of SailPoint in a report on Monday, October 27th. They issued an “outperform” rating and a $26.00 target price for the company. BMO Capital Markets reissued an “outperform” rating on shares of SailPoint in a research note on Thursday, December 11th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SailPoint in a research note on Monday, December 29th.

Insider Buying and Selling

In other news, insider Abby Payne sold 3,582 shares of the firm’s stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $19.57, for a total value of $70,099.74. Following the completion of the transaction, the insider owned 678,807 shares in the company, valued at $13,284,252.99. This trade represents a 0.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, General Counsel Christopher Schmitt sold 4,507 shares of the business’s stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $19.57, for a total transaction of $88,201.99. Following the completion of the sale, the general counsel owned 1,043,319 shares in the company, valued at $20,417,752.83. This represents a 0.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 354,243 shares of company stock valued at $6,924,823 in the last three months. 2.00% of the stock is owned by insiders.

Institutional Trading of SailPoint

Several large investors have recently modified their holdings of the business. Blue Trust Inc. increased its stake in SailPoint by 4.2% during the third quarter. Blue Trust Inc. now owns 16,886 shares of the company’s stock worth $373,000 after acquiring an additional 673 shares during the last quarter. Essex Financial Services Inc. grew its position in SailPoint by 7.8% in the third 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 acquired a new stake in SailPoint during the 3rd quarter valued at $31,000. Oppenheimer Asset Management Inc. grew its stake in shares of SailPoint by 3.3% during the second quarter. Oppenheimer Asset Management Inc. now owns 46,895 shares of the company’s stock valued at $1,072,000 after acquiring an additional 1,510 shares in the last quarter. Finally, Loomis Sayles & Co. L P acquired a new stake in SailPoint during the 2nd quarter valued at approximately $42,000.

SailPoint Trading Down 2.2%

NASDAQ SAIL opened at $15.69 on Friday. The stock has a market capitalization of $8.81 billion and a price-to-earnings ratio of -3.28. The business’s 50 day moving average is $19.42 and its two-hundred day moving average is $20.47. SailPoint has a 12-month low of $15.05 and a 12-month high of $26.35.

SailPoint (NASDAQ:SAIL) last posted its quarterly earnings results on Tuesday, December 9th. The company reported $0.08 EPS for the quarter, beating 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. SailPoint’s quarterly 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.

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.