Christopher Schmitt Sells 11,908 Shares of SailPoint (NASDAQ:SAIL) Stock

SailPoint, Inc. (NASDAQ:SAIL) General Counsel Christopher Schmitt sold 11,908 shares of the company’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $19.23, for a total transaction of $228,990.84. Following the completion of the sale, the general counsel directly owned 1,057,956 shares in the company, valued at $20,344,493.88. This represents a 1.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Thursday, January 8th, Christopher Schmitt sold 4,507 shares of SailPoint stock. The shares were 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 stock was sold at an average price of $19.90, for a total transaction of $201,587.00.

SailPoint Stock Performance

Shares of SAIL opened at $19.67 on Friday. SailPoint, Inc. has a fifty-two week low of $15.05 and a fifty-two week high of $26.35. The firm’s 50-day simple moving average is $19.91 and its two-hundred day simple moving average is $20.91. The stock has a market cap of $11.05 billion and a PE ratio of -4.11.

SailPoint (NASDAQ:SAIL) last issued its quarterly earnings results on Tuesday, December 9th. The company reported $0.08 EPS 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 for the quarter, compared to analysts’ expectations of $270.35 million. The firm’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.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SAIL. SG Americas Securities LLC boosted its holdings in SailPoint by 9.0% in the fourth quarter. SG Americas Securities LLC now owns 31,199 shares of the company’s stock worth $631,000 after purchasing an additional 2,571 shares during the last quarter. Maridea Wealth Management LLC purchased a new position in shares of SailPoint in the 4th quarter worth $1,816,000. JPMorgan Chase & Co. grew its holdings in shares of SailPoint by 215.7% in the third quarter. JPMorgan Chase & Co. now owns 95,616 shares of the company’s stock worth $2,111,000 after acquiring an additional 65,329 shares during the period. FNY Investment Advisers LLC purchased a new stake in SailPoint during the third quarter valued at $133,000. Finally, Sender Co & Partners Inc. purchased a new stake in SailPoint during the third quarter valued at $860,000.

SailPoint News Roundup

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

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. 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. Berenberg Bank assumed coverage on shares of SailPoint in a research note on Tuesday, November 18th. They issued a “buy” rating and a $31.70 target price on the stock. Baird R W raised shares of SailPoint to a “strong-buy” rating in a research report on Monday, October 27th. Scotiabank lowered their price objective on SailPoint from $25.00 to $24.00 and set a “sector outperform” rating on the stock in a research report on Wednesday, December 10th. Finally, Cantor Fitzgerald reiterated 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 assigned a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target 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.