Mitra Rezvan Sells 4,491 Shares of SailPoint (NASDAQ:SAIL) Stock

SailPoint, Inc. (NASDAQ:SAIL) CAO Mitra Rezvan sold 4,491 shares of the stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $19.23, for a total transaction of $86,361.93. Following the completion of the sale, the chief accounting officer directly owned 126,712 shares of the company’s stock, valued at approximately $2,436,671.76. This trade represents a 3.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Mitra Rezvan also recently made the following trade(s):

• On Thursday, January 8th, Mitra Rezvan sold 3,782 shares of SailPoint stock. The stock was sold at an average price of $19.57, for a total transaction of $74,013.74.
• On Wednesday, January 7th, Mitra Rezvan sold 3,821 shares of SailPoint stock. The shares were sold at an average price of $19.90, for a total transaction of $76,037.90.

SailPoint Stock Up 0.7%

SAIL stock opened at $19.67 on Friday. SailPoint, Inc. has a twelve month low of $15.05 and a twelve month high of $26.35. The company has a market cap of $11.05 billion and a PE ratio of -4.11. The business’s 50-day simple moving average is $19.91 and its 200 day simple moving average is $20.91.

SailPoint (NASDAQ:SAIL) last announced its quarterly earnings data 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 company had revenue of $281.94 million during the quarter, compared to the consensus estimate of $270.35 million. The company’s quarterly 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.

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

Analyst Upgrades and Downgrades

Several brokerages have issued reports on SAIL. Berenberg Bank initiated coverage on shares of SailPoint in a report on Tuesday, November 18th. They issued a “buy” rating and a $31.70 price target on the stock. Mizuho lowered their target price on shares of SailPoint from $24.00 to $23.00 and set a “neutral” rating on the stock in a research note on Tuesday, December 9th. Cantor Fitzgerald reissued an “overweight” rating on shares of SailPoint in a research report on Wednesday, December 3rd. Wolfe Research initiated coverage on SailPoint in a report on Monday, October 20th. They set an “outperform” rating and a $27.00 price objective on the stock. Finally, Royal Bank Of Canada increased their target price 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 given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $26.01.

Institutional Trading of SailPoint

Several hedge funds have recently modified their holdings of SAIL. SG Americas Securities LLC raised its stake in shares of SailPoint by 9.0% in the fourth quarter. SG Americas Securities LLC now owns 31,199 shares of the company’s stock valued at $631,000 after acquiring an additional 2,571 shares during the last quarter. Maridea Wealth Management LLC acquired a new stake in SailPoint during the 4th quarter valued at $1,816,000. JPMorgan Chase & Co. raised its position in SailPoint by 215.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 95,616 shares of the company’s stock valued at $2,111,000 after purchasing an additional 65,329 shares during the last quarter. FNY Investment Advisers LLC bought a new position in SailPoint in the 3rd quarter valued at $133,000. Finally, Sender Co & Partners Inc. acquired a new position in SailPoint in the third quarter worth $860,000.

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.