SailPoint (NASDAQ:SAIL) Insider Sells $156,087.12 in Stock

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

SailPoint, Inc. (NASDAQ:SAIL – Get Free Report) insider Abby Payne sold 12,271 shares of the company’s stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $12.72, for a total transaction of $156,087.12. Following the completion of the sale, the insider owned 959,695 shares of the company’s stock, valued at $12,207,320.40. This represents a 1.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available 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.

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

On Thursday, April 9th, Abby Payne sold 16,930 shares of SailPoint stock. The stock was sold at an average price of $11.46, for a total transaction of $194,017.80.
On Wednesday, April 8th, Abby Payne sold 12,259 shares of SailPoint stock. The stock was sold at an average price of $12.80, for a total transaction of $156,915.20.

SailPoint Price Performance

NASDAQ:SAIL traded down $1.35 during trading hours on Thursday, reaching $11.06. The company’s stock had a trading volume of 7,451,709 shares, compared to its average volume of 3,433,979. The company has a market cap of $6.24 billion, a price-to-earnings ratio of -19.75 and a beta of 2.38. SailPoint, Inc. has a one year low of $10.99 and a one year high of $24.95. The business’s 50-day moving average is $14.10 and its 200-day moving average is $18.23.

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

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on SAIL. Cantor Fitzgerald reiterated an “overweight” rating and issued a $23.00 price objective on shares of SailPoint in a report on Monday, March 23rd. Barclays decreased their price target on shares of SailPoint from $23.00 to $20.00 and set an “overweight” rating for the company in a report on Monday, March 16th. Wells Fargo & Company decreased their price target on shares of SailPoint from $17.00 to $16.00 and set an “overweight” rating for the company in a report on Thursday, March 19th. Weiss Ratings restated a “sell (d-)” rating on shares of SailPoint in a report on Monday, December 29th. Finally, FBN Securities started coverage on shares of SailPoint in a report on Tuesday, February 24th. They set an “outperform” rating and a $18.00 price target for the company. 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 given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $21.35.

View Our Latest Stock Analysis on SailPoint

SailPoint News Summary

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.

Institutional Investors Weigh In On SailPoint

A number of hedge funds have recently bought and sold shares of the company. Vident Advisory LLC boosted its holdings in SailPoint by 6.4% during the fourth quarter. Vident Advisory LLC now owns 55,823 shares of the company’s stock valued at $1,129,000 after acquiring an additional 3,370 shares during the period. one8zero8 LLC raised its position in shares of SailPoint by 2.0% during the fourth quarter. one8zero8 LLC now owns 105,550 shares of the company’s stock valued at $2,135,000 after buying an additional 2,050 shares during the last quarter. Occudo Quantitative Strategies LP acquired a new position in shares of SailPoint during the fourth quarter valued at about $606,000. Balyasny Asset Management L.P. raised its position in shares of SailPoint by 126.8% during the fourth quarter. Balyasny Asset Management L.P. now owns 535,475 shares of the company’s stock valued at $10,833,000 after buying an additional 299,356 shares during the last quarter. Finally, Freestone Grove Partners LP raised its position in shares of SailPoint by 69.8% during the fourth quarter. Freestone Grove Partners LP now owns 500,000 shares of the company’s stock valued at $10,115,000 after buying an additional 205,606 shares during the last quarter.

SailPoint Company Profile

(Get Free Report)

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.