Chandrasekar Gnanasambandam Sells 4,245 Shares of SailPoint (NASDAQ:SAIL) Stock

SailPoint, Inc. (NASDAQ:SAIL) EVP Chandrasekar Gnanasambandam sold 4,245 shares of SailPoint stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $19.57, for a total value of $83,074.65. Following the sale, the executive vice president directly owned 517,351 shares in the company, valued at approximately $10,124,559.07. The trade was a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

• On Wednesday, January 7th, Chandrasekar Gnanasambandam sold 4,360 shares of SailPoint stock. The stock was sold at an average price of $19.90, for a total value of $86,764.00.
• 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 value of $98,534.52.

SailPoint Stock Up 0.7%

Shares of SAIL stock opened at $19.67 on Friday. The business’s fifty day moving average is $19.91 and its 200 day moving average is $20.91. The stock has a market cap of $11.05 billion and a price-to-earnings ratio of -4.11. SailPoint, Inc. has a twelve month low of $15.05 and a twelve month high of $26.35.

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

Analysts Set New Price Targets

SAIL has been the topic of a number of analyst reports. BTIG Research reissued a “buy” rating and issued a $29.00 price target on shares of SailPoint in a research report on Thursday. Wolfe Research began coverage on SailPoint in a research note on Monday, October 20th. They set an “outperform” rating and a $27.00 price objective for the company. Cantor Fitzgerald reissued an “overweight” rating on shares of SailPoint in a research note on Wednesday, December 3rd. Robert W. Baird assumed coverage on SailPoint in a research report on Monday, October 27th. They issued an “outperform” rating and a $26.00 price target for the company. Finally, Mizuho dropped their price target on shares of SailPoint from $24.00 to $23.00 and set a “neutral” rating on the stock in a research note on Tuesday, December 9th. 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 company. According to data from MarketBeat.com, SailPoint presently has an average rating of “Moderate Buy” and an average price target of $26.01.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Blue Trust Inc. boosted its position in shares of SailPoint by 4.2% during the third quarter. Blue Trust Inc. now owns 16,886 shares of the company’s stock valued at $373,000 after buying an additional 673 shares during the last quarter. Essex Financial Services Inc. lifted its stake in SailPoint by 7.8% during the 3rd quarter. Essex Financial Services Inc. now owns 13,157 shares of the company’s stock valued at $291,000 after acquiring an additional 947 shares during the period. Aster Capital Management DIFC Ltd purchased a new stake in shares of SailPoint during the 3rd quarter valued at about $31,000. Oppenheimer Asset Management Inc. grew its stake in shares of SailPoint by 3.3% in the second quarter. Oppenheimer Asset Management Inc. now owns 46,895 shares of the company’s stock worth $1,072,000 after acquiring an additional 1,510 shares during the period. Finally, Loomis Sayles & Co. L P purchased a new position in shares of SailPoint during the second quarter valued at approximately $42,000.

Key SailPoint News

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

SailPoint Company Profile

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.