SailPoint (NASDAQ:SAIL) CFO Sells $235,256.40 in Stock
by Kim Johansen · The Markets DailySailPoint, Inc. (NASDAQ:SAIL – Get Free Report) CFO Brian Carolan sold 18,495 shares of SailPoint stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $12.72, for a total transaction of $235,256.40. Following the transaction, the chief financial officer directly owned 1,852,133 shares in the company, valued at approximately $23,559,131.76. The trade was a 0.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 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.
Brian Carolan also recently made the following trade(s):
- On Thursday, April 9th, Brian Carolan sold 47,444 shares of SailPoint stock. The shares were sold at an average price of $11.46, for a total transaction of $543,708.24.
- On Wednesday, April 8th, Brian Carolan sold 18,477 shares of SailPoint stock. The shares were sold at an average price of $12.80, for a total transaction of $236,505.60.
SailPoint Stock Down 10.9%
SAIL stock traded down $1.35 during trading on Thursday, hitting $11.06. 7,451,709 shares of the company’s stock traded hands, compared to its average volume of 3,433,979. The firm has a market capitalization of $6.24 billion, a P/E ratio of -19.75 and a beta of 2.38. The business has a fifty day simple moving average of $14.10 and a two-hundred day simple moving average of $18.23. SailPoint, Inc. has a 1 year low of $10.99 and a 1 year high of $24.95.
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, meeting the consensus estimate of $0.08. The company had revenue of $294.65 million for the quarter. SailPoint had a negative net margin of 25.20% and a positive return on equity of 1.95%. The business’s quarterly revenue was up 22.9% compared to the same quarter last year. During the same period in the previous year, the business earned ($4.29) earnings per share.
Wall Street Analysts Forecast Growth
Several equities analysts have issued reports on SAIL shares. Scotiabank cut their price target on shares of SailPoint from $24.00 to $16.00 and set a “sector outperform” rating on the stock in a report on Thursday, March 19th. Barclays cut their price target on shares of SailPoint from $23.00 to $20.00 and set an “overweight” rating on the stock in a report on Monday, March 16th. JPMorgan Chase & Co. cut their price target on shares of SailPoint from $26.00 to $22.00 and set an “overweight” rating on the stock in a report on Thursday, March 19th. TD Cowen cut their price target on shares of SailPoint from $30.00 to $25.00 and set a “buy” rating on the stock in a report on Tuesday, February 24th. Finally, Truist Financial cut their price target on shares of SailPoint from $23.00 to $18.00 and set a “buy” rating on the stock in a report on Thursday, March 19th. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $21.35.
View Our Latest Analysis on SAIL
SailPoint News Roundup
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
Large investors have recently made changes to their positions in the stock. Aster Capital Management DIFC Ltd purchased a new stake in shares of SailPoint during the third quarter valued at $31,000. State of Wyoming purchased a new stake in shares of SailPoint during the second quarter valued at $45,000. Palladiem LLC purchased a new stake in shares of SailPoint during the fourth quarter valued at $42,000. Kestra Advisory Services LLC purchased a new stake in shares of SailPoint during the fourth quarter valued at $42,000. Finally, CWM LLC grew its holdings in shares of SailPoint by 315.6% during the fourth quarter. CWM LLC now owns 2,656 shares of the company’s stock valued at $54,000 after buying an additional 2,017 shares during the last quarter.
SailPoint Company Profile
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.