SailPoint (NASDAQ:SAIL) President Sells $410,464.35 in Stock

SailPoint, Inc. (NASDAQ:SAIL) President Matt Mills sold 21,345 shares of the firm’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $19.23, for a total transaction of $410,464.35. Following the completion of the sale, the president owned 1,882,913 shares of the company’s stock, valued at $36,208,416.99. The trade was a 1.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

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 transaction of $269,498.47.
• On Wednesday, January 7th, Matt Mills sold 18,159 shares of SailPoint stock. The shares were sold at an average price of $19.90, for a total value of $361,364.10.

SailPoint Price Performance

Shares of SailPoint stock opened at $19.67 on Friday. The business has a 50-day simple moving average of $19.91 and a 200 day simple moving average of $20.88. SailPoint, Inc. has a one year low of $15.05 and a one year high of $26.35. The firm has a market capitalization of $11.05 billion and a price-to-earnings ratio of -4.11.

SailPoint (NASDAQ:SAIL) last announced its quarterly earnings data on Tuesday, December 9th. The company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.02. SailPoint had a positive return on equity of 0.16% and a negative net margin of 30.87%.The firm had revenue of $281.94 million during the quarter, compared to analysts’ expectations of $270.35 million. The company’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.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Mizuho decreased their target price on shares of SailPoint from $24.00 to $23.00 and set a “neutral” rating for the company in a research report on Tuesday, December 9th. Baird R W raised SailPoint to a “strong-buy” rating in a research note on Monday, October 27th. Wolfe Research began coverage on SailPoint in a research report on Monday, October 20th. They set an “outperform” rating and a $27.00 target price on the stock. BTIG Research reissued a “buy” rating and issued a $29.00 price target on shares of SailPoint in a research report on Thursday. Finally, Berenberg Bank began coverage on shares of SailPoint in a report on Tuesday, November 18th. They set a “buy” rating and a $31.70 price objective on the stock. Three 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 issued a Sell rating to the stock. Based on data from MarketBeat, SailPoint has an average rating of “Moderate Buy” and an average price target of $26.01.

Trending Headlines about 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 hedge funds have recently bought and sold shares of SAIL. Aster Capital Management DIFC Ltd purchased a new position in SailPoint in the third quarter worth $31,000. Loomis Sayles & Co. L P purchased a new stake in shares of SailPoint during the 2nd quarter valued at $42,000. State of Wyoming bought a new stake in shares of SailPoint during the 2nd quarter worth $45,000. Amalgamated Bank purchased a new position in shares of SailPoint in the 2nd quarter worth about $71,000. Finally, BNP Paribas Financial Markets purchased a new position in shares of SailPoint in the 2nd quarter worth about $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.