SailPoint (NASDAQ:SAIL) General Counsel Christopher Schmitt Sells 11,908 Shares

SailPoint, Inc. (NASDAQ:SAIL) General Counsel Christopher Schmitt sold 11,908 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $19.23, for a total value of $228,990.84. Following the completion of the transaction, the general counsel directly owned 1,057,956 shares of the company’s stock, valued at $20,344,493.88. The trade was a 1.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through 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 stock was sold at an average price of $19.57, for a total transaction of $88,201.99.
• 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 transaction of $201,587.00.

SailPoint Stock Performance

Shares of NASDAQ SAIL opened at $19.54 on Friday. The company has a market capitalization of $10.97 billion and a PE ratio of -4.08. The company’s fifty day moving average price is $19.95 and its 200 day moving average price is $20.93. SailPoint, Inc. has a 1 year low of $15.05 and a 1 year high of $26.35.

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 negative net margin of 30.87% and a positive return on equity of 0.16%. The company had revenue of $281.94 million during the quarter, compared to analysts’ expectations of $270.35 million. The company’s 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.

Institutional Investors Weigh In On SailPoint

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

Analysts Set New Price Targets

SAIL has been the subject of a number of recent analyst reports. Mizuho cut their price objective on 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 shares of SailPoint to a “strong-buy” rating in a research note on Monday, October 27th. Wolfe Research assumed coverage on shares of SailPoint in a research report on Monday, October 20th. They set an “outperform” rating and a $27.00 price objective for the company. BTIG Research reaffirmed a “buy” rating and set a $29.00 price objective on shares of SailPoint in a report on Thursday. Finally, Robert W. Baird started coverage on shares of SailPoint in a research report on Monday, October 27th. They issued an “outperform” rating and a $26.00 target price on the stock. Three 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 MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price 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

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.