SailPoint (NASDAQ:SAIL) CEO Mark Mcclain Sells 52,799 Shares of Stock

SailPoint, Inc. (NASDAQ:SAIL) CEO Mark Mcclain sold 52,799 shares of SailPoint stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $19.57, for a total transaction of $1,033,276.43. Following the sale, the chief executive officer directly owned 7,034,417 shares of the company’s stock, valued at $137,663,540.69. This trade represents a 0.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

SailPoint Trading Down 2.9%

NASDAQ SAIL opened at $19.54 on Friday. SailPoint, Inc. has a 1-year low of $15.05 and a 1-year high of $26.35. The firm’s fifty day simple moving average is $19.95 and its 200-day simple moving average is $20.93. The company has a market capitalization of $10.97 billion and a PE 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 (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 business’s revenue 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.

Analysts Set New Price Targets

A number of equities analysts recently commented on SAIL shares. Royal Bank Of Canada increased their price objective on SailPoint from $24.00 to $26.00 and gave the stock an “outperform” rating in a report on Monday. BTIG Research reissued a “buy” rating and issued a $29.00 target price on shares of SailPoint in a research report on Thursday. BMO Capital Markets reaffirmed an “outperform” rating on shares of SailPoint in a report on Thursday, December 11th. Weiss Ratings reissued a “sell (d-)” rating on shares of SailPoint in a research note on Monday, December 29th. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of SailPoint in a report on Wednesday, December 3rd. Three research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $26.01.

More SailPoint News

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

Institutional Trading of SailPoint

Institutional investors have recently made changes to their positions in the business. Bank of New York Mellon Corp increased its position in shares of SailPoint by 3,022.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 481,908 shares of the company’s stock worth $11,016,000 after purchasing an additional 466,474 shares during the last quarter. Voya Investment Management LLC bought a new position in shares of SailPoint in the first quarter valued at $53,616,000. Allspring Global Investments Holdings LLC acquired a new position in SailPoint during the third quarter worth $26,365,000. Renaissance Capital LLC raised its position in SailPoint by 30.0% during the second quarter. Renaissance Capital LLC now owns 65,569 shares of the company’s stock worth $1,499,000 after acquiring an additional 15,114 shares in the last quarter. Finally, Outfitter Financial LLC bought a new stake in SailPoint during the second quarter worth $320,000.

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.