SailPoint (NASDAQ:SAIL) EVP Sells $98,534.52 in Stock

SailPoint, Inc. (NASDAQ:SAIL) EVP Chandrasekar Gnanasambandam sold 5,124 shares of the business’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $19.23, for a total value of $98,534.52. Following the completion of the sale, the executive vice president directly owned 525,956 shares of the company’s stock, valued at approximately $10,114,133.88. This trade represents a 0.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available 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 value of $83,074.65.
• On Wednesday, January 7th, Chandrasekar Gnanasambandam sold 4,360 shares of SailPoint stock. The shares were sold at an average price of $19.90, for a total value of $86,764.00.

SailPoint Stock Performance

NASDAQ:SAIL opened at $19.67 on Friday. SailPoint, Inc. has a fifty-two week low of $15.05 and a fifty-two week high of $26.35. The firm has a market cap of $11.05 billion and a PE ratio of -4.11. The business has a 50 day moving average price of $19.91 and a 200-day moving average price of $20.88.

SailPoint (NASDAQ:SAIL) last posted its quarterly earnings results on Tuesday, December 9th. The company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.02. The company had revenue of $281.94 million during 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%. 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.

Hedge Funds Weigh In On SailPoint

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Aster Capital Management DIFC Ltd purchased a new stake in shares of SailPoint in the 3rd quarter worth about $31,000. Loomis Sayles & Co. L P purchased a new position in SailPoint during the 2nd quarter valued at about $42,000. State of Wyoming bought a new stake in SailPoint during the second quarter worth about $45,000. Amalgamated Bank purchased a new stake in SailPoint in the second quarter worth about $71,000. Finally, BNP Paribas Financial Markets bought a new position in shares of SailPoint during the second quarter valued at approximately $79,000.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Wells Fargo & Company upped their price target on SailPoint from $20.00 to $23.00 and gave the company an “equal weight” rating in a research report on Tuesday, September 30th. Mizuho decreased their target price on SailPoint from $24.00 to $23.00 and set a “neutral” rating for the company in a report on Tuesday, December 9th. Barclays cut their price target on shares of SailPoint from $25.00 to $23.00 and set an “overweight” rating on the stock in a report on Thursday, December 4th. Weiss Ratings restated a “sell (d-)” rating on shares of SailPoint in a report on Monday, December 29th. Finally, Robert W. Baird began coverage on shares of SailPoint in a research note on Monday, October 27th. They set an “outperform” rating and a $26.00 target price on the stock. 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 given a Sell rating to the stock. Based on data from MarketBeat, SailPoint presently has an average rating of “Moderate Buy” and an average price target of $26.01.

SailPoint News Summary

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

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.