Insider Selling: SailPoint (NASDAQ:SAIL) CAO Sells $149,740.00 in Stock

Posted by Francis Steltz on Jun 5th, 2026

SailPoint, Inc. (NASDAQ:SAIL – Get Free Report) CAO Mitra Rezvan sold 7,487 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $20.00, for a total value of $149,740.00. Following the completion of the transaction, the chief accounting officer directly owned 189,476 shares of the company’s stock, valued at approximately $3,789,520. This trade represents a 3.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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 value 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 value of $21,516.80.
On Tuesday, April 7th, Mitra Rezvan sold 1,683 shares of SailPoint stock. The stock was sold at an average price of $12.72, for a total value of $21,407.76.

SailPoint Stock Up 1.3%

NASDAQ SAIL opened at $18.61 on Friday. The firm has a market cap of $10.56 billion, a price-to-earnings ratio of -33.23 and a beta of 2.02. The business has a 50-day moving average price of $13.37 and a 200-day moving average price of $15.99. SailPoint, Inc. has a twelve month low of $10.30 and a twelve month high of $24.95.

SailPoint (NASDAQ:SAIL – Get Free Report) last released its quarterly earnings data on Wednesday, March 18th. The company reported $0.08 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.08. The firm had revenue of $294.65 million during the quarter. SailPoint had a positive return on equity of 1.95% and a negative net margin of 25.20%.The business’s revenue was up 22.9% on a year-over-year basis. During the same period last year, the company earned ($4.29) EPS. Research analysts expect that SailPoint, Inc. will post 0.32 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Roth Mkm assumed coverage on SailPoint in a research note on Wednesday, May 20th. They issued a “buy” rating and a $19.00 price objective for the company. Cantor Fitzgerald reissued an “overweight” rating on shares of SailPoint in a research note on Monday. JPMorgan Chase & Co. dropped their price target on SailPoint from $26.00 to $22.00 and set an “overweight” rating for the company in a research note on Thursday, March 19th. Royal Bank Of Canada set a $17.00 price target on SailPoint in a research note on Friday, May 15th. Finally, Barclays increased their price target on SailPoint from $16.00 to $22.00 and gave the company an “overweight” rating in a research note on Tuesday. Three analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, SailPoint presently has an average rating of “Moderate Buy” and a consensus price target of $21.29.

Check Out Our Latest Research Report on SailPoint

Hedge Funds Weigh In On SailPoint

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in SailPoint by 40.1% during the first quarter. Bank of America Corp DE now owns 1,764,870 shares of the company’s stock valued at $23,367,000 after buying an additional 504,726 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in SailPoint by 178.4% during the first quarter. The Manufacturers Life Insurance Company now owns 105,497 shares of the company’s stock valued at $1,397,000 after buying an additional 67,601 shares during the last quarter. Quantinno Capital Management LP lifted its stake in shares of SailPoint by 531.8% in the 1st quarter. Quantinno Capital Management LP now owns 251,770 shares of the company’s stock valued at $3,333,000 after purchasing an additional 211,922 shares during the last quarter. Renaissance Technologies LLC bought a new stake in shares of SailPoint in the 1st quarter valued at approximately $5,214,000. Finally, NewEdge Wealth LLC bought a new stake in shares of SailPoint in the 1st quarter valued at approximately $1,508,000.

About SailPoint

(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.