SailPoint (NASDAQ:SAIL) EVP Sells $86,764.00 in Stock

SailPoint, Inc. (NASDAQ:SAIL) EVP Chandrasekar Gnanasambandam sold 4,360 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 $86,764.00. Following the completion of the transaction, the executive vice president owned 521,596 shares in the company, valued at approximately $10,379,760.40. This represents a 0.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Chandrasekar Gnanasambandam also recently made the following trade(s):

• On Thursday, January 8th, Chandrasekar Gnanasambandam sold 4,245 shares of SailPoint stock. The stock was sold at an average price of $19.57, for a total transaction of $83,074.65.
• On Tuesday, January 6th, Chandrasekar Gnanasambandam sold 5,124 shares of SailPoint stock. The shares were sold at an average price of $19.23, for a total transaction of $98,534.52.

SailPoint Trading Up 0.7%

Shares of SailPoint stock opened at $19.67 on Friday. The firm’s 50 day moving average is $19.91 and its 200 day moving average is $20.88. The firm has a market capitalization of $11.05 billion and a PE ratio of -4.11. SailPoint, Inc. has a 1 year low of $15.05 and a 1 year high of $26.35.

SailPoint (NASDAQ:SAIL) last issued its earnings results on Tuesday, December 9th. The company reported $0.08 earnings per share 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 analyst estimates 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

Institutional Trading of SailPoint

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SAIL. Vanguard Group Inc. raised its holdings in SailPoint by 4.3% during the 3rd quarter. Vanguard Group Inc. now owns 5,317,789 shares of the company’s stock worth $117,417,000 after purchasing an additional 219,375 shares during the last quarter. Norges Bank bought a new position in SailPoint during the second quarter worth $112,297,000. Voya Investment Management LLC lifted its holdings in SailPoint by 10.1% in the third quarter. Voya Investment Management LLC now owns 4,309,070 shares of the company’s stock valued at $95,144,000 after buying an additional 395,287 shares during the period. UBS Group AG boosted its position in SailPoint by 116.3% during the third quarter. UBS Group AG now owns 4,128,038 shares of the company’s stock valued at $91,147,000 after acquiring an additional 2,219,593 shares during the last quarter. Finally, GW&K Investment Management LLC boosted its position in SailPoint by 34.3% during the third quarter. GW&K Investment Management LLC now owns 3,395,602 shares of the company’s stock valued at $74,975,000 after acquiring an additional 866,889 shares during the last quarter.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Berenberg Bank assumed coverage on SailPoint in a research report on Tuesday, November 18th. They issued a “buy” rating and a $31.70 target price for the company. BMO Capital Markets reiterated an “outperform” rating on shares of SailPoint in a report on Thursday, December 11th. Cantor Fitzgerald reissued an “overweight” rating on shares of SailPoint in a report on Wednesday, December 3rd. Royal Bank Of Canada upped their price target on shares of SailPoint from $24.00 to $26.00 and gave the company an “outperform” rating in a research report on Monday, January 5th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SailPoint in a research note on Monday, December 29th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $26.01.

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.