Chandrasekar Gnanasambandam Sells 4,360 Shares of SailPoint (NASDAQ:SAIL) Stock

SailPoint, Inc. (NASDAQ:SAIL) EVP Chandrasekar Gnanasambandam sold 4,360 shares of the firm’s stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $19.90, for a total transaction of $86,764.00. Following the completion of the sale, the executive vice president owned 521,596 shares in the company, valued at $10,379,760.40. The trade was a 0.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Chandrasekar Gnanasambandam also recently made the following trade(s):

• On Thursday, January 8th, Chandrasekar Gnanasambandam sold 4,245 shares of SailPoint stock. The stock was sold at an average price of $19.57, for a total value of $83,074.65.
• On Tuesday, January 6th, Chandrasekar Gnanasambandam sold 5,124 shares of SailPoint stock. The stock was sold at an average price of $19.23, for a total value of $98,534.52.

SailPoint Price Performance

SAIL opened at $19.67 on Friday. The stock’s 50 day moving average price is $19.91 and its 200 day moving average price is $20.91. The stock has a market cap of $11.05 billion and a P/E ratio of -4.11. SailPoint, Inc. has a 12 month low of $15.05 and a 12 month high of $26.35.

SailPoint (NASDAQ:SAIL) last released its quarterly earnings results on Tuesday, December 9th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.02. SailPoint had a positive return on equity of 0.16% and a negative net margin of 30.87%.The company had revenue of $281.94 million during the quarter, compared to analysts’ expectations of $270.35 million. The company’s revenue was up 19.8% on a year-over-year basis. SailPoint has set its FY 2026 guidance at 0.220-0.230 EPS and its Q4 2026 guidance at 0.080-0.09 EPS.

More SailPoint News

Here are the key news stories impacting SailPoint this week:

• Positive Sentiment: BTIG reaffirmed a “buy” and raised its emphasis on near-term catalysts, issuing a $29 price target that implies meaningful upside versus current levels — a direct bullish signal for momentum and investor confidence. BTIG Reaffirmation
• Positive Sentiment: MarketBeat and other commentary framed the recent pullback as market-driven (not due to an earnings miss or guidance cut), positioning the decline as a potential buying window given SailPoint’s strong revenue growth and >$1B ARR profile. That narrative supports short-term buying interest. MarketBeat Buying-Window
• Neutral Sentiment: Coverage remains mixed but constructive overall — several firms maintain Buy/Outperform ratings and analysts’ targets still imply upside (consensus target ~ $26), while a few houses remain cautious. This keeps analyst-driven volatility possible but not uniformly negative. Wall Street Coverage
• Neutral Sentiment: Benzinga summarized seven analyst projections for SailPoint, providing varied near-term views — useful context for relative targets but not an immediate catalyst on its own. Benzinga Analyst Projections
• Negative Sentiment: Clustered insider selling from Jan. 6–8 — including the CEO, CFO, President and other senior execs selling sizeable blocks over multiple days — is the biggest near-term headwind. Large, concurrent Form 4 filings weigh on sentiment even though filings show insiders retain large positions; investors often interpret concentrated sales as caution or liquidity events. Representative SEC filing (CEO sales): CEO Form 4
• Negative Sentiment: Smaller insider sell notices (e.g., Abby Payne) were also reported and aggregated in media/filings, reinforcing the perception of executive selling pressure. These individual disclosures amplify the broader selling narrative. Abby Payne Sale

Analyst Upgrades and Downgrades

SAIL has been the subject of several recent analyst reports. Berenberg Bank started coverage on shares of SailPoint in a report on Tuesday, November 18th. They issued a “buy” rating and a $31.70 price objective for the company. Wells Fargo & Company increased their price target on SailPoint from $20.00 to $23.00 and gave the company an “equal weight” rating in a research note on Tuesday, September 30th. BTIG Research reissued a “buy” rating and issued a $29.00 price objective on shares of SailPoint in a research note on Thursday. Robert W. Baird started coverage on SailPoint in a report on Monday, October 27th. They issued an “outperform” rating and a $26.00 price objective for the company. Finally, Royal Bank Of Canada lifted their target price on SailPoint from $24.00 to $26.00 and gave the stock an “outperform” rating in a report on Monday. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $26.01.

Institutional Investors Weigh In On SailPoint

Several large investors have recently modified their holdings of the stock. Aster Capital Management DIFC Ltd acquired a new position in shares of SailPoint in the 3rd quarter worth $31,000. Loomis Sayles & Co. L P acquired a new position in shares of SailPoint in the 2nd quarter valued at $42,000. State of Wyoming acquired a new position in shares of SailPoint in the 2nd quarter valued at $45,000. Amalgamated Bank purchased a new position in SailPoint in the 2nd quarter worth about $71,000. Finally, BNP Paribas Financial Markets acquired a new stake in SailPoint during the 2nd quarter worth about $79,000.

About SailPoint

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.