Key Points
- Mitra Rezvan, SailPoint’s CAO, sold 1,683 shares on April 7 at $12.72 under a pre‑arranged Rule 10b5-1 plan to cover tax withholding, leaving her with 202,116 shares (a 0.83% ownership decrease).
- Multiple executives executed sales April 7–9 under Rule 10b5‑1 plans; these pre‑planned disposals raise share supply and can pressure the stock short term, though they lessen the signal of opportunistic insider selling.
- SailPoint cut Q1 FY2027 revenue guidance to $273.0M–$277.0M (consensus ~ $285.3M) and issued slightly lower EPS guidance, making the Q1 revenue shortfall the most immediate earnings risk and a key driver of recent share weakness.
SailPoint, Inc. (NASDAQ:SAIL - Get Free Report) CAO Mitra Rezvan sold 1,683 shares of the business's stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $12.72, for a total transaction of $21,407.76. Following the completion of the transaction, the chief accounting officer directly owned 202,116 shares in the company, valued at $2,570,915.52. This trade represents a 0.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 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.
Mitra Rezvan also recently made the following trade(s):
- On Thursday, April 9th, Mitra Rezvan sold 3,472 shares of SailPoint stock. The stock was sold at an average price of $11.46, for a total transaction of $39,789.12.
- On Wednesday, April 8th, Mitra Rezvan sold 1,681 shares of SailPoint stock. The stock was sold at an average price of $12.80, for a total transaction of $21,516.80.
SailPoint Stock Performance
Shares of NASDAQ:SAIL opened at $10.49 on Friday. The company has a market capitalization of $5.91 billion, a P/E ratio of -18.73 and a beta of 2.38. SailPoint, Inc. has a fifty-two week low of $10.30 and a fifty-two week high of $24.95. The company's 50-day moving average is $14.00 and its 200 day moving average is $18.14.
SailPoint (NASDAQ:SAIL - Get Free Report) last released its quarterly earnings data on Wednesday, March 18th. The company reported $0.08 EPS for the quarter, meeting the consensus estimate of $0.08. The business 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%. SailPoint's revenue for the quarter was up 22.9% compared to the same quarter last year. During the same period last year, the company earned ($4.29) earnings per share.
Institutional Investors Weigh In On SailPoint
Institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of SailPoint by 4.3% in the third quarter. Vanguard Group Inc. now owns 5,317,789 shares of the company's stock worth $117,417,000 after buying an additional 219,375 shares in the last quarter. Stephens Investment Management Group LLC lifted its holdings in shares of SailPoint by 10.9% in the third quarter. Stephens Investment Management Group LLC now owns 1,679,495 shares of the company's stock worth $37,083,000 after buying an additional 165,741 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in shares of SailPoint by 86.0% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 167,021 shares of the company's stock worth $3,688,000 after buying an additional 77,237 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in shares of SailPoint in the third quarter worth about $26,365,000. Finally, OFI Invest Asset Management lifted its holdings in shares of SailPoint by 79.6% in the fourth quarter. OFI Invest Asset Management now owns 905,653 shares of the company's stock worth $18,321,000 after buying an additional 401,431 shares in the last quarter.
Wall Street Analysts Forecast Growth
Several equities research analysts have commented on the stock. Royal Bank Of Canada dropped their price objective on shares of SailPoint from $23.00 to $19.00 and set an "outperform" rating on the stock in a report on Thursday, March 19th. Wells Fargo & Company dropped their price objective on shares of SailPoint from $17.00 to $16.00 and set an "overweight" rating on the stock in a report on Thursday, March 19th. Truist Financial dropped their price objective 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. BTIG Research dropped their price objective on shares of SailPoint from $22.00 to $18.00 and set a "buy" rating on the stock in a report on Thursday, March 19th. Finally, FBN Securities assumed coverage on shares of SailPoint in a report on Tuesday, February 24th. They set an "outperform" rating and a $18.00 price objective on the stock. Two equities research 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $21.35.
View Our Latest Report on SAIL
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, which should strengthen product execution and roadmap delivery over time. SailPoint appoints Levent Besik as Chief Product Officer
- Neutral Sentiment: Insider selling executed under 10b5‑1 plans — Multiple executives (CEO, CFO, President, General Counsel, EVP and others) sold shares April 7–9 to cover tax withholding on vested awards. These were pre‑planned trades (Rule 10b5‑1), which lowers the signal of opportunistic selling but increases supply and can pressure the stock short term. Example SEC disclosure: SEC Form 4 (example)
- Negative Sentiment: Weaker near‑term guidance — SailPoint cut Q1 FY2027 revenue guidance to $273.0M–$277.0M (consensus ~ $285.3M) and issued EPS guidance of $0.040–$0.050 (versus ~ $0.050 consensus). FY2027 EPS was guided to $0.300–$0.340 (roughly in line at midpoint). The Q1 revenue shortfall is the most immediate earnings risk and explains the downward pressure on the share price.
SailPoint Company Profile
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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.
Founded in 2005 by industry veterans Mark McClain and Kevin Cunningham, SailPoint is headquartered in Austin, Texas.
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