SailPoint (NASDAQ:SAIL) Stock Purchased Rep. Josh Gottheimer

Representative Josh Gottheimer (Democratic-New Jersey) recently bought shares of SailPoint, Inc. (NASDAQ:SAIL). In a filing disclosed on August 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in SailPoint stock on July 20th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of (NASDAQ:GOOGN) on 7/24/2026.
• Purchased $1,001 – $15,000 in shares of (NASDAQ:GOOGM) on 7/24/2026.
• Purchased $1,001 – $15,000 in shares of (NASDAQ:GOOGN) on 7/23/2026.
• Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 7/23/2026.
• Purchased $1,001 – $15,000 in shares of NiCE (NASDAQ:NICE) on 7/20/2026.
• Purchased $1,001 – $15,000 in shares of Monster Beverage (NASDAQ:MNST) on 7/17/2026.
• Sold $1,001 – $15,000 in shares of Chart Industries (NYSE:GTLS) on 7/17/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 7/16/2026.
• Purchased $1,001 – $15,000 in shares of Palo Alto Networks (NASDAQ:PANW) on 7/16/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 7/15/2026.

SailPoint Price Performance

Shares of NASDAQ SAIL opened at $19.06 on Wednesday. The stock has a market capitalization of $10.81 billion, a PE ratio of -70.59, a P/E/G ratio of 2.16 and a beta of 2.08. SailPoint, Inc. has a one year low of $10.30 and a one year high of $24.00. The business’s fifty day moving average price is $15.43 and its 200-day moving average price is $14.52.

SailPoint (NASDAQ:SAIL) last issued its quarterly earnings results on Tuesday, June 9th. The company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. The business had revenue of $280.14 million for the quarter. SailPoint had a negative net margin of 14.04% and a positive return on equity of 2.31%. The firm’s revenue was up 21.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.01 earnings per share. SailPoint has set its Q2 2027 guidance at 0.070-0.080 EPS and its FY 2027 guidance at 0.300-0.340 EPS. As a group, equities analysts expect that SailPoint, Inc. will post 0.32 EPS for the current fiscal year.

Hedge Funds Weigh In On SailPoint

A number of hedge funds and other institutional investors have recently bought and sold shares of SAIL. FNY Investment Advisers LLC lifted its position in shares of SailPoint by 12.0% during the 2nd quarter. FNY Investment Advisers LLC now owns 8,400 shares of the company’s stock worth $122,000 after purchasing an additional 900 shares during the last quarter. Cerity Partners LLC lifted its position in shares of SailPoint by 0.8% during the 4th quarter. Cerity Partners LLC now owns 115,604 shares of the company’s stock worth $2,339,000 after buying an additional 923 shares during the last quarter. Main Management ETF Advisors LLC grew its position in shares of SailPoint by 1.0% in the 4th quarter. Main Management ETF Advisors LLC now owns 102,573 shares of the company’s stock valued at $2,075,000 after buying an additional 1,048 shares during the last quarter. Federation des caisses Desjardins du Quebec grew its position in shares of SailPoint by 24.1% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 7,871 shares of the company’s stock valued at $159,000 after buying an additional 1,528 shares during the last quarter. Finally, State of Wyoming acquired a new stake in SailPoint during the 2nd quarter worth $45,000.

Insider Buying and Selling

In other news, CFO Brian Carolan sold 46,002 shares of the business’s stock in a transaction dated Wednesday, July 8th. The stock was sold at an average price of $15.42, for a total value of $709,350.84. Following the completion of the sale, the chief financial officer directly owned 1,707,742 shares of the company’s stock, valued at approximately $26,333,381.64. The trade was a 2.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Abby Payne sold 21,542 shares of the firm’s stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $16.29, for a total value of $350,919.18. Following the transaction, the insider owned 908,964 shares in the company, valued at $14,807,023.56. This represents a 2.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 497,832 shares of company stock valued at $7,934,851 over the last ninety days. Company insiders own 1.70% of the company’s stock.

Analysts Set New Price Targets

SAIL has been the subject of a number of recent research reports. Weiss Ratings restated a “sell (e+)” rating on shares of SailPoint in a research note on Wednesday, June 17th. TD Cowen reaffirmed a “buy” rating on shares of SailPoint in a research report on Wednesday, June 17th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $23.00 target price on shares of SailPoint in a report on Wednesday, June 17th. Barclays decreased their price target on SailPoint from $22.00 to $19.00 and set an “overweight” rating on the stock in a report on Wednesday, June 10th. Finally, Wells Fargo & Company boosted their price objective on SailPoint from $17.00 to $19.00 and gave the company an “overweight” rating in a research report on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, SailPoint currently has an average rating of “Moderate Buy” and a consensus target price of $19.94.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

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.