Abby Payne Sells 10,965 Shares of SailPoint (NASDAQ:SAIL) Stock

SailPoint, Inc. (NASDAQ:SAIL) insider Abby Payne sold 10,965 shares of SailPoint stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $19.23, for a total transaction of $210,856.95. Following the completion of the transaction, the insider directly owned 691,718 shares in the company, valued at approximately $13,301,737.14. The trade was a 1.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Abby Payne also recently made the following trade(s):

• On Thursday, January 8th, Abby Payne sold 3,582 shares of SailPoint stock. The shares were sold at an average price of $19.57, for a total transaction of $70,099.74.
• On Wednesday, January 7th, Abby Payne sold 9,329 shares of SailPoint stock. The shares were sold at an average price of $19.90, for a total transaction of $185,647.10.

SailPoint Trading Up 0.7%

Shares of SAIL stock opened at $19.67 on Friday. The business’s fifty day simple moving average is $19.91 and its 200-day simple moving average is $20.91. The company has a market cap of $11.05 billion and a PE 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 posted its quarterly earnings data on Tuesday, December 9th. The company reported $0.08 earnings per share for the quarter, topping 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 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 Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Norges Bank acquired a new position in SailPoint during the second quarter valued at $112,297,000. Voya Investment Management LLC acquired a new stake in SailPoint during the 1st quarter worth about $53,616,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of SailPoint during the 2nd quarter valued at about $64,453,000. UBS Group AG lifted its holdings in shares of SailPoint by 116.3% in the 3rd quarter. UBS Group AG now owns 4,128,038 shares of the company’s stock valued at $91,147,000 after buying an additional 2,219,593 shares during the period. Finally, Allspring Global Investments Holdings LLC acquired a new position in shares of SailPoint in the 3rd quarter valued at about $26,365,000.

Key Stories Impacting SailPoint

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

Analysts Set New Price Targets

Several brokerages recently commented on SAIL. BTIG Research reaffirmed a “buy” rating and issued a $29.00 price objective on shares of SailPoint in a research report on Thursday. Wolfe Research began coverage on shares of SailPoint in a research note on Monday, October 20th. They set an “outperform” rating and a $27.00 price target on the stock. Scotiabank lowered their price objective on shares of SailPoint from $25.00 to $24.00 and set a “sector outperform” rating for the company in a research note on Wednesday, December 10th. Berenberg Bank initiated coverage on shares of SailPoint in a report on Tuesday, November 18th. They set a “buy” rating and a $31.70 price objective on the stock. Finally, Cantor Fitzgerald restated an “overweight” rating on shares of SailPoint in a research note on Wednesday, December 3rd. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $26.01.

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.