Christopher Schmitt Sells 4,507 Shares of SailPoint (NASDAQ:SAIL) Stock

SailPoint, Inc. (NASDAQ:SAIL) General Counsel Christopher Schmitt sold 4,507 shares of SailPoint stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $19.57, for a total value of $88,201.99. Following the transaction, the general counsel owned 1,043,319 shares of the company’s stock, valued at $20,417,752.83. This trade represents a 0.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

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

• On Wednesday, January 7th, Christopher Schmitt sold 10,130 shares of SailPoint stock. The shares were sold at an average price of $19.90, for a total value of $201,587.00.
• 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 transaction of $228,990.84.

SailPoint Trading Up 0.7%

Shares of SAIL opened at $19.67 on Friday. The stock has a 50 day moving average of $19.91 and a 200 day moving average of $20.91. The company has a market capitalization of $11.05 billion and a price-to-earnings ratio of -4.11. SailPoint, Inc. has a 12 month low of $15.05 and a 12 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, topping the consensus estimate of $0.06 by $0.02. SailPoint had a negative net margin of 30.87% and a positive return on equity of 0.16%. The business had revenue of $281.94 million for the quarter, compared to analyst estimates of $270.35 million. The business’s quarterly 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 analysts recently commented on the stock. Cantor Fitzgerald restated an “overweight” rating on shares of SailPoint in a research note on Wednesday, December 3rd. Weiss Ratings reissued a “sell (d-)” rating on shares of SailPoint in a report on Monday, December 29th. Wolfe Research began coverage on SailPoint in a report on Monday, October 20th. They issued an “outperform” rating and a $27.00 price target for the company. Berenberg Bank initiated coverage on SailPoint in a research report on Tuesday, November 18th. They issued a “buy” rating and a $31.70 price target for the company. Finally, 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. Three analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average 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 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 Investors Weigh In On SailPoint

Institutional investors and hedge funds have recently bought and sold shares of the stock. Aster Capital Management DIFC Ltd purchased a new position in SailPoint in the 3rd quarter worth approximately $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 SailPoint in the second quarter worth $71,000. Finally, BNP Paribas Financial Markets purchased a new position in SailPoint in the second quarter worth $79,000.

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.