SailPoint, Inc. (NASDAQ:SAIL) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of SailPoint, Inc. (NASDAQ:SAIL) have been assigned a consensus rating of “Moderate Buy” from the twenty-four analysts that are currently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have given a hold rating, sixteen have assigned a buy rating and three have assigned a strong buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $26.0091.

A number of research analysts recently issued reports on SAIL shares. Baird R W upgraded SailPoint to a “strong-buy” rating in a report on Monday, October 27th. Weiss Ratings reiterated a “sell (d-)” rating on shares of SailPoint in a research report on Monday, December 29th. Mizuho reduced their target price on SailPoint from $24.00 to $23.00 and set a “neutral” rating on the stock in a research note on Tuesday, December 9th. Robert W. Baird assumed coverage on SailPoint in a report on Monday, October 27th. They set an “outperform” rating and a $26.00 target price for the company. Finally, Wolfe Research started coverage on SailPoint in a research note on Monday, October 20th. They issued an “outperform” rating and a $27.00 price target for the company.

SailPoint Stock Up 1.6%

NASDAQ:SAIL opened at $19.26 on Tuesday. The firm has a market capitalization of $10.82 billion and a P/E ratio of -4.02. The company has a fifty day moving average of $20.07 and a 200 day moving average of $20.97. SailPoint has a 52 week low of $15.05 and a 52 week high of $26.35.

SailPoint (NASDAQ:SAIL) last released 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 negative net margin of 30.87% and a positive return on equity of 0.16%. The company’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.

Insider Activity

In related news, CFO Brian Carolan sold 84,699 shares of the stock in a transaction dated Thursday, October 9th. The shares were sold at an average price of $22.42, for a total value of $1,898,951.58. Following the completion of the transaction, the chief financial officer directly owned 1,336,628 shares of the company’s stock, valued at $29,967,199.76. This represents a 5.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, General Counsel Christopher Schmitt sold 34,186 shares of the firm’s stock in a transaction dated Thursday, October 9th. The stock was sold at an average price of $22.42, for a total transaction of $766,450.12. Following the completion of the sale, the general counsel owned 1,069,864 shares of the company’s stock, valued at $23,986,350.88. This trade represents a 3.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 727,608 shares of company stock worth $16,317,218.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Blue Trust Inc. lifted its stake in shares of SailPoint by 4.2% in the 3rd quarter. Blue Trust Inc. now owns 16,886 shares of the company’s stock valued at $373,000 after purchasing an additional 673 shares during the period. Essex Financial Services Inc. raised its holdings in SailPoint by 7.8% in the third quarter. Essex Financial Services Inc. now owns 13,157 shares of the company’s stock worth $291,000 after purchasing an additional 947 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new position in SailPoint during the third quarter valued at $31,000. Oppenheimer Asset Management Inc. lifted its position in 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 buying an additional 1,510 shares during the period. Finally, Loomis Sayles & Co. L P bought a new stake in shares of SailPoint during the 2nd quarter valued at $42,000.

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.