SailPoint (NASDAQ:SAIL) General Counsel Christopher Schmitt Sells 10,130 Shares

SailPoint, Inc. (NASDAQ:SAIL) General Counsel Christopher Schmitt sold 10,130 shares of the firm’s stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $19.90, for a total value of $201,587.00. Following the transaction, the general counsel directly owned 1,047,826 shares in the company, valued at $20,851,737.40. This trade represents a 0.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

• On Thursday, January 8th, Christopher Schmitt sold 4,507 shares of SailPoint stock. The shares were sold at an average price of $19.57, for a total value of $88,201.99.
• 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

Shares of SailPoint stock opened at $19.54 on Friday. SailPoint, Inc. has a one year low of $15.05 and a one year high of $26.35. The business’s 50 day simple moving average is $19.95 and its two-hundred day simple moving average is $20.93. The stock has a market capitalization of $10.97 billion and a P/E ratio of -4.08.

SailPoint (NASDAQ:SAIL) last released its quarterly earnings data 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. 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 analyst estimates of $270.35 million. The business’s revenue for the quarter was up 19.8% on a year-over-year basis. SailPoint has set its FY 2026 guidance at 0.220-0.230 EPS and its Q4 2026 guidance at 0.080-0.09 EPS.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on SAIL. BTIG Research reaffirmed a “buy” rating and issued a $29.00 price target on shares of SailPoint in a research note on Thursday. Cantor Fitzgerald restated an “overweight” rating on shares of SailPoint in a report on Wednesday, December 3rd. Scotiabank decreased their target price on SailPoint from $25.00 to $24.00 and set a “sector outperform” rating for the company in a research report on Wednesday, December 10th. Royal Bank Of Canada raised their price target on SailPoint from $24.00 to $26.00 and gave the stock an “outperform” rating in a research note on Monday. Finally, Barclays lowered their target price on SailPoint from $25.00 to $23.00 and set an “overweight” rating on the stock in a report on Thursday, December 4th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, SailPoint presently has an average rating of “Moderate Buy” and an average price target of $26.01.

Key Headlines Impacting SailPoint

Here are the key news stories impacting SailPoint this week:

• Positive Sentiment: BTIG reiterated a “buy” and set a $29 price target, highlighting multiple near-term catalysts and implying substantial upside versus current levels. BTIG Reaffirmation
• Positive Sentiment: MarketBeat / Market commentary argues the recent pullback lacked company-specific catalysts (no earnings miss or guidance cut) and frames the decline as market-driven — presenting a potential buying window given strong revenue growth and >$1B ARR. MarketBeat Buying-Window
• Neutral Sentiment: Other analyst commentary is mixed but not uniformly negative — Mizuho remains neutral with a $23 target and some firms keep Buy/Outperform stances; consensus still implies upside from current prices. Wall Street Coverage
• Negative Sentiment: Significant insider selling was reported Jan. 6–8: CEO, CFO, president and several senior executives sold shares across multiple days (CEO sales total ~165,891 shares across the three days; other senior execs also reduced holdings). Large, clustered insider sales are weighing on sentiment and likely contributing to the share-price decline, even though filings show insiders retain large positions. Representative SEC filing: CEO Form 4

Hedge Funds Weigh In On SailPoint

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