A number of research firms have changed their ratings and price targets for SailPoint (NASDAQ: SAIL):
- 5/21/2026 – SailPoint had its price target raised by Wells Fargo & Company from $16.00 to $17.00. They now have an “overweight” rating on the stock.
- 5/20/2026 – SailPoint is now covered by Roth Mkm. They set a “buy” rating and a $19.00 price target on the stock.
- 5/20/2026 – SailPoint was upgraded by Roth Mkm to “strong-buy”.
- 5/15/2026 – SailPoint was given a new $17.00 price target by Royal Bank Of Canada.
- 3/23/2026 – SailPoint had its “overweight” rating reaffirmed by Cantor Fitzgerald. They now have a $23.00 price target on the stock.
Insiders Place Their Bets
In other SailPoint news, CFO Brian Carolan sold 47,444 shares of the firm’s stock in a transaction that occurred on Thursday, April 9th. The stock was sold at an average price of $11.46, for a total value of $543,708.24. Following the completion of the transaction, the chief financial officer directly owned 1,786,212 shares in the company, valued at $20,469,989.52. This trade represents a 2.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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. Also, EVP Chandrasekar Gnanasambandam sold 20,082 shares of the firm’s stock in a transaction that occurred on Thursday, April 9th. The shares were sold at an average price of $11.46, for a total value of $230,139.72. Following the completion of the transaction, the executive vice president owned 968,926 shares of the company’s stock, valued at approximately $11,103,891.96. This represents a 2.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. Insiders have sold 526,962 shares of company stock worth $6,420,108 in the last 90 days. Company insiders own 1.70% of the company’s stock.
Founded in 2005 by industry veterans Mark McClain and Kevin Cunningham, SailPoint is headquartered in Austin, Texas.
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