SailPoint (NASDAQ:SAIL) EVP Chandrasekar Gnanasambandam Sells 5,124 Shares

SailPoint, Inc. (NASDAQ:SAIL) EVP Chandrasekar Gnanasambandam sold 5,124 shares of SailPoint stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $19.23, for a total transaction of $98,534.52. Following the transaction, the executive vice president directly owned 525,956 shares of the company’s stock, valued at $10,114,133.88. This represents a 0.96% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Chandrasekar Gnanasambandam also recently made the following trade(s):

• On Thursday, January 8th, Chandrasekar Gnanasambandam sold 4,245 shares of SailPoint stock. The shares were sold at an average price of $19.57, for a total transaction of $83,074.65.
• On Wednesday, January 7th, Chandrasekar Gnanasambandam sold 4,360 shares of SailPoint stock. The stock was sold at an average price of $19.90, for a total value of $86,764.00.

SailPoint Price Performance

Shares of NASDAQ:SAIL opened at $19.54 on Friday. SailPoint, Inc. has a 1 year low of $15.05 and a 1 year high of $26.35. The business’s 50-day moving average is $19.95 and its 200-day moving average is $20.93. The company has a market capitalization of $10.97 billion and a price-to-earnings ratio of -4.08.

SailPoint (NASDAQ:SAIL) last issued its earnings results 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 business had revenue of $281.94 million during the quarter, compared to the consensus estimate of $270.35 million. SailPoint’s 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 Investors Weigh In On SailPoint

Several institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in SailPoint by 4.3% during the 3rd quarter. Vanguard Group Inc. now owns 5,317,789 shares of the company’s stock worth $117,417,000 after acquiring an additional 219,375 shares during the last quarter. Norges Bank bought a new stake in SailPoint in the 2nd quarter worth about $112,297,000. Voya Investment Management LLC increased its stake in SailPoint by 10.1% in the 3rd quarter. Voya Investment Management LLC now owns 4,309,070 shares of the company’s stock valued at $95,144,000 after buying an additional 395,287 shares during the last quarter. UBS Group AG increased its stake in 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 last quarter. Finally, GW&K Investment Management LLC lifted its position in shares of SailPoint by 34.3% during the 3rd quarter. GW&K Investment Management LLC now owns 3,395,602 shares of the company’s stock worth $74,975,000 after buying an additional 866,889 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on SAIL shares. Wolfe Research initiated coverage on shares of SailPoint in a research note on Monday, October 20th. They issued an “outperform” rating and a $27.00 price target for the company. Royal Bank Of Canada boosted their target price on SailPoint from $24.00 to $26.00 and gave the company an “outperform” rating in a research report on Monday. Berenberg Bank started coverage on SailPoint in a report on Tuesday, November 18th. They issued a “buy” rating and a $31.70 price target on the stock. Barclays cut their target price on SailPoint from $25.00 to $23.00 and set an “overweight” rating on the stock in a report on Thursday, December 4th. Finally, BTIG Research restated a “buy” rating and set a $29.00 price target on shares of SailPoint in a research note on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $26.01.

Key Stories Impacting SailPoint

Here are the key news stories impacting SailPoint this week:

• Positive Sentiment: BTIG reiterated a “buy” and set a $29 price target, highlighting multiple near-term catalysts and implying substantial upside versus current levels. BTIG Reaffirmation
• Positive Sentiment: MarketBeat / Market commentary argues the recent pullback lacked company-specific catalysts (no earnings miss or guidance cut) and frames the decline as market-driven — presenting a potential buying window given strong revenue growth and >$1B ARR. MarketBeat Buying-Window
• Neutral Sentiment: Other analyst commentary is mixed but not uniformly negative — Mizuho remains neutral with a $23 target and some firms keep Buy/Outperform stances; consensus still implies upside from current prices. Wall Street Coverage
• Negative Sentiment: Significant insider selling was reported Jan. 6–8: CEO, CFO, president and several senior executives sold shares across multiple days (CEO sales total ~165,891 shares across the three days; other senior execs also reduced holdings). Large, clustered insider sales are weighing on sentiment and likely contributing to the share-price decline, even though filings show insiders retain large positions. Representative SEC filing: CEO Form 4

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.