Insider Selling: SailPoint (NASDAQ:SAIL) General Counsel Sells $88,201.99 in Stock

SailPoint, Inc. (NASDAQ:SAIL) General Counsel Christopher Schmitt sold 4,507 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 $88,201.99. Following the completion of the sale, the general counsel directly owned 1,043,319 shares of the company’s stock, valued at approximately $20,417,752.83. This trade represents a 0.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Wednesday, January 7th, Christopher Schmitt sold 10,130 shares of SailPoint stock. The shares were sold at an average price of $19.90, for a total value of $201,587.00.
• On Tuesday, January 6th, Christopher Schmitt sold 11,908 shares of SailPoint stock. The stock was sold at an average price of $19.23, for a total value of $228,990.84.

SailPoint Price Performance

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. SailPoint, Inc. has a fifty-two week low of $15.05 and a fifty-two week high of $26.35. The stock’s 50-day moving average is $19.91 and its two-hundred day moving average is $20.88.

SailPoint (NASDAQ:SAIL) last posted its quarterly earnings results on Tuesday, December 9th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $281.94 million during the quarter, compared to analyst estimates of $270.35 million. 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 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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on SAIL shares. Barclays dropped their price target on shares of SailPoint from $25.00 to $23.00 and set an “overweight” rating on the stock in a research note on Thursday, December 4th. Mizuho dropped their target price on SailPoint from $24.00 to $23.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 9th. Royal Bank Of Canada lifted their price target on SailPoint from $24.00 to $26.00 and gave the company an “outperform” rating in a report on Monday, January 5th. Robert W. Baird assumed coverage on SailPoint in a research note on Monday, October 27th. They issued an “outperform” rating and a $26.00 price target for the company. Finally, Scotiabank cut their price objective on shares of SailPoint from $25.00 to $24.00 and set a “sector outperform” rating on the stock in a research report on Wednesday, December 10th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $26.01.

Institutional Trading of SailPoint

Several large investors have recently made changes to their positions in the stock. Aster Capital Management DIFC Ltd acquired a new position in shares of SailPoint during the 3rd quarter valued at about $31,000. Loomis Sayles & Co. L P acquired a new position in SailPoint during the second quarter valued at approximately $42,000. State of Wyoming bought a new position in shares of SailPoint in the second quarter valued at approximately $45,000. Amalgamated Bank acquired a new stake in shares of SailPoint in the second quarter worth $71,000. Finally, BNP Paribas Financial Markets acquired a new stake in shares of SailPoint in the second quarter worth $79,000.

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.