Rep. Josh Gottheimer Purchases Shares of SailPoint, Inc. (NASDAQ:SAIL)

Posted by Francis Steltz on Aug 12th, 2026

Representative Josh Gottheimer (Democratic-New Jersey) recently bought shares of SailPoint, Inc. (NASDAQ:SAIL). In a filing disclosed on August 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in SailPoint stock on July 20th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of (NASDAQ:GOOGN) on 7/24/2026.
Purchased $1,001 – $15,000 in shares of (NASDAQ:GOOGM) on 7/24/2026.
Purchased $1,001 – $15,000 in shares of (NASDAQ:GOOGN) on 7/23/2026.
Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 7/23/2026.
Purchased $1,001 – $15,000 in shares of NiCE (NASDAQ:NICE) on 7/20/2026.
Purchased $1,001 – $15,000 in shares of Monster Beverage (NASDAQ:MNST) on 7/17/2026.
Sold $1,001 – $15,000 in shares of Chart Industries (NYSE:GTLS) on 7/17/2026.
Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 7/16/2026.
Purchased $1,001 – $15,000 in shares of Palo Alto Networks (NASDAQ:PANW) on 7/16/2026.
Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 7/15/2026.

SailPoint Stock Performance

Shares of NASDAQ SAIL opened at $19.06 on Wednesday. SailPoint, Inc. has a 52-week low of $10.30 and a 52-week high of $24.00. The firm has a 50 day moving average price of $15.43 and a two-hundred day moving average price of $14.52. The stock has a market cap of $10.81 billion, a P/E ratio of -70.59, a price-to-earnings-growth ratio of 2.16 and a beta of 2.08.

SailPoint (NASDAQ:SAIL – Get Free Report) last issued its quarterly earnings results on Tuesday, June 9th. The company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.01. The company had revenue of $280.14 million for the quarter. SailPoint had a negative net margin of 14.04% and a positive return on equity of 2.31%. SailPoint’s revenue for the quarter was up 21.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.01 EPS. SailPoint has set its Q2 2027 guidance at 0.070-0.080 EPS and its FY 2027 guidance at 0.300-0.340 EPS. Analysts predict that SailPoint, Inc. will post 0.32 earnings per share for the current fiscal year.

Institutional Investors Weigh In On SailPoint

Several large investors have recently added to or reduced their stakes in the business. FNY Investment Advisers LLC boosted its stake in SailPoint by 12.0% during the 2nd quarter. FNY Investment Advisers LLC now owns 8,400 shares of the company’s stock valued at $122,000 after purchasing an additional 900 shares during the last quarter. Cerity Partners LLC raised its stake in shares of SailPoint by 0.8% in the fourth quarter. Cerity Partners LLC now owns 115,604 shares of the company’s stock worth $2,339,000 after purchasing an additional 923 shares during the last quarter. Main Management ETF Advisors LLC lifted its holdings in shares of SailPoint by 1.0% in the fourth quarter. Main Management ETF Advisors LLC now owns 102,573 shares of the company’s stock valued at $2,075,000 after purchasing an additional 1,048 shares in the last quarter. Federation des caisses Desjardins du Quebec lifted its holdings in shares of SailPoint by 24.1% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 7,871 shares of the company’s stock valued at $159,000 after purchasing an additional 1,528 shares in the last quarter. Finally, State of Wyoming purchased a new position in shares of SailPoint during the second quarter valued at approximately $45,000.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Jefferies Financial Group cut SailPoint from a “buy” rating to a “buy” rating in a research note on Wednesday, June 17th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $19.00 price objective on shares of SailPoint in a research note on Wednesday, June 10th. Wolfe Research reissued an “outperform” rating and set a $18.00 target price on shares of SailPoint in a research report on Wednesday, June 10th. Weiss Ratings restated a “sell (e+)” rating on shares of SailPoint in a report on Wednesday, June 17th. Finally, Scotiabank restated a “sector outperform” rating and issued a $19.00 price target (up from $16.00) on shares of SailPoint in a research report on Tuesday, June 9th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $19.94.

View Our Latest Analysis on SailPoint

Insider Buying and Selling at SailPoint

In related news, CAO Mitra Rezvan sold 3,881 shares of the stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $15.42, for a total value of $59,845.02. Following the completion of the sale, the chief accounting officer directly owned 182,641 shares of the company’s stock, valued at approximately $2,816,324.22. This represents a 2.08% decrease in their position. The transaction was disclosed in a filing with the SEC, 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. Also, CEO Mark D. Mcclain sold 93,260 shares of the stock in a transaction on Wednesday, July 8th. The shares were sold at an average price of $15.42, for a total value of $1,438,069.20. Following the completion of the sale, the chief executive officer directly owned 8,093,870 shares of the company’s stock, valued at $124,807,475.40. The trade was a 1.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 a total of 497,832 shares of company stock valued at $7,934,851 in the last three months. Insiders own 1.70% of the company’s stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

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.

Founded in 2005 by industry veterans Mark McClain and Kevin Cunningham, SailPoint is headquartered in Austin, Texas.