SailPoint (NASDAQ:SAIL) Insider Abby Payne Sells 18,936 Shares of Stock

SailPoint, Inc. (NASDAQ:SAIL) insider Abby Payne sold 18,936 shares of the stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $20.36, for a total transaction of $385,536.96. Following the sale, the insider directly owned 873,029 shares of the company’s stock, valued at $17,774,870.44. This represents a 2.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 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.

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

• On Wednesday, October 7th, Abby Payne sold 21,027 shares of SailPoint stock. The stock was sold at an average price of $19.71, for a total transaction of $414,442.17.

SailPoint Stock Performance

NASDAQ:SAIL opened at $20.02 on Friday. The firm’s fifty day moving average is $19.30 and its 200-day moving average is $15.84. SailPoint, Inc. has a 52 week low of $10.30 and a 52 week high of $23.89. The firm has a market cap of $11.43 billion, a P/E ratio of -58.88, a P/E/G ratio of 2.15 and a beta of 2.15.

SailPoint (NASDAQ:SAIL) last posted its quarterly earnings data on Wednesday, September 9th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.01. SailPoint had a negative net margin of 16.92% and a positive return on equity of 2.44%. The company had revenue of $308.81 million during the quarter. During the same quarter last year, the company earned ($0.02) earnings per share. The company’s quarterly revenue was up 17.0% compared to the same quarter last year. SailPoint has set its FY 2027 guidance at 0.300-0.340 EPS and its Q3 2027 guidance at 0.070-0.080 EPS. As a group, sell-side analysts anticipate that SailPoint, Inc. will post 0.33 earnings per share for the current year.

Key SailPoint News

Here are the key news stories impacting SailPoint this week:

• Positive Sentiment: Robert W. Baird raised its price target to $25 from $22 and reiterated an “outperform” rating, implying substantial upside from recent trading levels. Benzinga report
• Positive Sentiment: Oppenheimer initiated coverage with an “outperform” rating and a $30 price target, citing SailPoint’s potential role in securing AI agents as enterprise adoption expands. Oppenheimer coverage report
• Positive Sentiment: Recent coverage emphasized a significant gap between enterprise AI-agent adoption and identity-security capabilities, potentially creating new demand for SailPoint’s products. AI identity-security opportunity report
• Positive Sentiment: The broader analyst view remains favorable: SailPoint was described as having a “moderate buy” consensus, while Scotiabank also issued positive commentary. Analyst consensus report
• Neutral Sentiment: CEO Mark McClain said AI agents require safeguards, including a “kill switch,” and SailPoint’s Navigate event focused on reducing standing privileges. The comments reinforce the industry opportunity but do not represent new financial guidance. SailPoint CEO AI-agent commentary
• Negative Sentiment: Multiple executives—including the CEO, CFO, president, general counsel, chief accounting officer and an EVP—sold a combined roughly $10 million of shares. However, all transactions were executed under pre-arranged Rule 10b5-1 plans to cover tax withholding on vested equity awards, and each executive retained a substantial stake. SEC insider-trading filing

Hedge Funds Weigh In On SailPoint

A number of institutional investors and hedge funds have recently made changes to their positions in SAIL. Wasatch Advisors LP acquired a new stake in shares of SailPoint in the 2nd quarter valued at about $66,173,000. BlackRock Inc. acquired a new position in SailPoint during the 2nd quarter worth approximately $65,050,000. Stephens Investment Management Group LLC raised its stake in SailPoint by 51.0% during the 1st quarter. Stephens Investment Management Group LLC now owns 2,895,700 shares of the company’s stock worth $38,339,000 after buying an additional 978,376 shares during the period. Bank of America Corp DE boosted its holdings in SailPoint by 40.1% in the first quarter. Bank of America Corp DE now owns 1,764,870 shares of the company’s stock worth $23,367,000 after acquiring an additional 504,726 shares in the last quarter. Finally, Freestone Grove Partners LP bought a new position in SailPoint in the second quarter worth approximately $21,266,000.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Roth Capital reissued a “buy” rating and issued a $21.00 price objective (up from $19.00) on shares of SailPoint in a research report on Thursday, September 10th. Morgan Stanley upped their target price on SailPoint from $18.00 to $22.00 and gave the company an “overweight” rating in a research report on Thursday, August 20th. Barclays boosted their price target on SailPoint from $21.00 to $22.00 and gave the company an “overweight” rating in a research note on Thursday, September 10th. BTIG Research restated a “buy” rating and set a $21.00 price target on shares of SailPoint in a report on Wednesday, September 9th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of SailPoint in a research report on Monday. Twenty analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, SailPoint has a consensus rating of “Moderate Buy” and a consensus target price of $22.11.

About SailPoint

SailPoint, Inc (NASDAQ:SAIL) is an identity security company that helps organizations manage and protect digital identities and access to applications, data, and other technology resources. Its software is designed to help enterprises determine who should have access to specific resources, enforce access policies, and identify and address inappropriate or excessive access.

The company’s offerings include its cloud-based identity security platform, which supports identity governance, access management, lifecycle automation, compliance, and analytics.