SailPoint (NASDAQ:SAIL) CEO Sells $856,412.16 in Stock

09 Apr 2026, 21:08 by Doug Wharley · The Cerbat Gem

SailPoint, Inc. (NASDAQ:SAIL – Get Free Report) CEO Mark Mcclain sold 67,328 shares of SailPoint stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $12.72, for a total value of $856,412.16. Following the completion of the sale, the chief executive officer directly owned 8,465,460 shares of the company’s stock, valued at $107,680,651.20. This trade represents a 0.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through 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.

SailPoint Stock Down 10.9%

Shares of SailPoint stock traded down $1.35 during trading on Thursday, reaching $11.06. 7,451,709 shares of the company were exchanged, compared to its average volume of 3,433,979. SailPoint, Inc. has a twelve month low of $10.99 and a twelve month high of $24.95. The business has a 50-day moving average price of $14.10 and a 200-day moving average price of $18.23. The firm has a market capitalization of $6.24 billion, a price-to-earnings ratio of -19.75 and a beta of 2.38.

SailPoint (NASDAQ:SAIL – Get Free Report) last announced its quarterly earnings data on Wednesday, March 18th. The company reported $0.08 EPS for the quarter, hitting analysts’ consensus estimates of $0.08. SailPoint had a positive return on equity of 1.95% and a negative net margin of 25.20%.The business had revenue of $294.65 million during the quarter. During the same period last year, the firm earned ($4.29) earnings per share. The firm’s revenue for the quarter was up 22.9% on a year-over-year basis.

Trending Headlines about SailPoint

Here are the key news stories impacting SailPoint this week:

Positive Sentiment: New product leadership — SailPoint named Levent Besik as Chief Product Officer, strengthening the product organization and execution capability, a constructive sign for long‑term product roadmap and innovation. SailPoint appoints Levent Besik as Chief Product Officer
Neutral Sentiment: Insider selling under 10b5‑1 plans — Multiple senior executives (CEO, CFO, President, General Counsel, EVP and other insiders) sold shares April 7–9 to cover tax withholding on vested awards. The filings total roughly $6.3M of shares sold and were executed under pre‑arranged plans, which reduces the signal of opportunistic selling but can still weigh on near‑term sentiment. SEC filings (example)
Negative Sentiment: Weaker near‑term guidance — SailPoint cut its Q1 FY2027 revenue guidance to $273.0M–$277.0M (consensus ~ $285.3M) and gave EPS 0.040–0.050 (versus consensus ~0.050). FY2027 EPS was guided to $0.300–0.340 (roughly in line at the midpoint) with revenue around $1.3B. The Q1 revenue shortfall is the most immediate earnings‑risk and explains downward pressure on the stock.

Analysts Set New Price Targets

A number of brokerages recently commented on SAIL. BMO Capital Markets reaffirmed an “outperform” rating on shares of SailPoint in a research note on Thursday, December 11th. JPMorgan Chase & Co. decreased their price objective on SailPoint from $26.00 to $22.00 and set an “overweight” rating for the company in a research note on Thursday, March 19th. Mizuho decreased their price objective on SailPoint from $23.00 to $20.00 and set a “neutral” rating for the company in a research note on Tuesday, February 17th. Truist Financial decreased their price objective on SailPoint from $23.00 to $18.00 and set a “buy” rating for the company in a research note on Thursday, March 19th. Finally, BTIG Research decreased their price objective on SailPoint from $22.00 to $18.00 and set a “buy” rating for the company in a research note on Thursday, March 19th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, SailPoint currently has a consensus rating of “Moderate Buy” and an average target price of $21.35.

Get Our Latest Research Report on SailPoint

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SAIL. Aster Capital Management DIFC Ltd bought a new position in SailPoint during the third quarter worth about $31,000. Palladiem LLC bought a new position in SailPoint during the fourth quarter worth about $42,000. Kestra Advisory Services LLC bought a new position in SailPoint during the fourth quarter worth about $42,000. State of Wyoming bought a new position in SailPoint during the second quarter worth about $45,000. Finally, CWM LLC lifted its holdings in SailPoint by 315.6% during the fourth quarter. CWM LLC now owns 2,656 shares of the company’s stock worth $54,000 after acquiring an additional 2,017 shares in the last quarter.

About SailPoint

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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.