Insider Selling: SailPoint (NASDAQ:SAIL) President Sells $361,364.10 in Stock

SailPoint, Inc. (NASDAQ:SAIL) President Matt Mills sold 18,159 shares of SailPoint stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $19.90, for a total value of $361,364.10. Following the transaction, the president owned 1,864,754 shares in the company, valued at $37,108,604.60. This trade represents a 0.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Thursday, January 8th, Matt Mills sold 13,771 shares of SailPoint stock. The stock was sold at an average price of $19.57, for a total value of $269,498.47.
• 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 transaction of $410,464.35.

SailPoint Stock Performance

Shares of SAIL opened at $19.67 on Friday. The firm has a market cap of $11.05 billion and a P/E ratio of -4.11. SailPoint, Inc. has a twelve month low of $15.05 and a twelve month high of $26.35. The firm’s 50 day moving average price is $19.91 and its two-hundred day moving average price is $20.88.

SailPoint (NASDAQ:SAIL) last issued its quarterly earnings data on Tuesday, December 9th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.02. The company had revenue of $281.94 million during the quarter, compared to the consensus estimate 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 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.

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

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on SAIL shares. Berenberg Bank initiated coverage on SailPoint in a report on Tuesday, November 18th. They set a “buy” rating and a $31.70 price objective for the company. Baird R W raised shares of SailPoint to a “strong-buy” rating in a research note on Monday, October 27th. Weiss Ratings restated a “sell (d-)” rating on shares of SailPoint in a report on Monday, December 29th. Wolfe Research began coverage on shares of SailPoint in a research note on Monday, October 20th. They issued an “outperform” rating and a $27.00 price target on the stock. Finally, BMO Capital Markets restated an “outperform” rating on shares of SailPoint in a research note on Thursday, December 11th. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $26.01.

Institutional Trading of SailPoint

Several institutional investors and hedge funds have recently added to or reduced their stakes in SAIL. Comerica Bank bought a new position in shares of SailPoint in the 1st quarter valued at about $175,000. Royal Bank of Canada acquired a new stake in SailPoint in the 1st quarter valued at about $1,146,000. Goldman Sachs Group Inc. bought a new position in SailPoint during the first quarter worth about $7,546,000. Zimmer Partners LP acquired a new position in SailPoint during the first quarter worth approximately $1,969,000. Finally, Woodline Partners LP acquired a new position in SailPoint during the first quarter worth approximately $8,032,000.

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.