SailPoint (NASDAQ:SAIL) CEO Sells $1,064,336.04 in Stock

10 Apr 2026, 01:08 by Kim Johansen · The Markets Daily

SailPoint, Inc. (NASDAQ:SAIL – Get Free Report) CEO Mark Mcclain sold 92,874 shares of SailPoint stock in a transaction dated Thursday, April 9th. The stock was sold at an average price of $11.46, for a total value of $1,064,336.04. Following the sale, the chief executive officer directly owned 8,305,324 shares in the company, valued at approximately $95,179,013.04. This trade represents a 1.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 Trading Down 10.9%

SAIL stock traded down $1.35 during trading on Thursday, reaching $11.06. 7,451,709 shares of the stock 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 company has a market capitalization of $6.24 billion, a P/E ratio of -19.75 and a beta of 2.38. The stock has a 50 day simple moving average of $14.10 and a 200-day simple moving average of $18.23.

SailPoint (NASDAQ:SAIL – Get Free Report) last released its earnings results on Wednesday, March 18th. The company reported $0.08 earnings per share 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 for the quarter. During the same period last year, the business earned ($4.29) earnings per share. The firm’s quarterly revenue was up 22.9% compared to the same quarter last year.

Institutional Investors Weigh In On SailPoint

Institutional investors have recently added to or reduced their stakes in the stock. Aster Capital Management DIFC Ltd acquired a new stake in SailPoint during the third quarter valued at approximately $31,000. Palladiem LLC bought a new position in shares of SailPoint in the fourth quarter valued at approximately $42,000. Kestra Advisory Services LLC bought a new position in shares of SailPoint in the fourth quarter valued at approximately $42,000. State of Wyoming bought a new position in shares of SailPoint in the second quarter valued at approximately $45,000. Finally, CWM LLC raised its stake in shares of SailPoint by 315.6% in the fourth quarter. CWM LLC now owns 2,656 shares of the company’s stock valued at $54,000 after acquiring an additional 2,017 shares during the last quarter.

Key SailPoint News

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.

Analyst Ratings Changes

A number of research firms recently weighed in on SAIL. TD Cowen decreased their target price on SailPoint from $30.00 to $25.00 and set a “buy” rating on the stock in a research report on Tuesday, February 24th. Scotiabank decreased their price objective on SailPoint from $24.00 to $16.00 and set a “sector outperform” rating on the stock in a report on Thursday, March 19th. FBN Securities began coverage on SailPoint in a report on Tuesday, February 24th. They set an “outperform” rating and a $18.00 price objective on the stock. Barclays decreased their price objective on SailPoint from $23.00 to $20.00 and set an “overweight” rating on the stock in a report on Monday, March 16th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SailPoint in a report on Monday, December 29th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $21.35.

View Our Latest Stock Report on SailPoint

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.