SailPoint (NASDAQ:SAIL) CAO Sells 1,168 Shares of Company Stock

Posted by Stanley Muller on Oct 9th, 2026

SailPoint, Inc. (NASDAQ:SAIL – Get Free Report) CAO Mitra Rezvan sold 1,168 shares of the stock in a transaction that occurred on Thursday, October 8th. The shares were sold at an average price of $20.00, for a total transaction of $23,360.00. Following the completion of the sale, the chief accounting officer directly owned 173,172 shares of the company’s stock, valued at $3,463,440. This trade represents a 0.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Mitra Rezvan also recently made the following trade(s):

On Wednesday, October 7th, Mitra Rezvan sold 4,491 shares of SailPoint stock. The shares were sold at an average price of $19.71, for a total transaction of $88,517.61.
On Tuesday, October 6th, Mitra Rezvan sold 2,596 shares of SailPoint stock. The stock was sold at an average price of $20.36, for a total value of $52,854.56.
On Thursday, August 13th, Mitra Rezvan sold 1,214 shares of SailPoint stock. The stock was sold at an average price of $20.00, for a total transaction of $24,280.00.

SailPoint Stock Up 3.7%

Shares of NASDAQ:SAIL traded up $0.75 during trading on Friday, hitting $20.77. 2,870,534 shares of the company traded hands, compared to its average volume of 5,847,625. The business’s fifty day moving average is $19.38 and its 200-day moving average is $15.87. The stock has a market capitalization of $11.86 billion, a price-to-earnings ratio of -61.09, a PEG ratio of 2.12 and a beta of 2.15. SailPoint, Inc. has a one year low of $10.30 and a one year high of $23.89.

SailPoint (NASDAQ:SAIL – Get Free Report) last issued its earnings results on Wednesday, September 9th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.01. The firm had revenue of $308.81 million for the quarter. SailPoint had a positive return on equity of 2.44% and a negative net margin of 16.92%. SailPoint’s quarterly revenue was up 17.0% on a year-over-year basis. During the same period in the prior year, the business earned ($0.02) earnings per share. SailPoint has set its FY 2027 guidance at 0.300-0.340 EPS and its Q3 2027 guidance at 0.070-0.080 EPS. On average, analysts forecast that SailPoint, Inc. will post 0.33 EPS for the current year.

More SailPoint News

Here are the key news stories impacting SailPoint this week:

Positive Sentiment: Cantor Fitzgerald raised its price target to $27 from $25 and maintained an “overweight” rating. The firm cited potential expansion of SailPoint’s addressable market, providing a positive catalyst for the stock. Cantor Fitzgerald price-target report
Positive Sentiment: Recent analyst actions remain favorable. Robert W. Baird raised its target to $25 and assigned an “outperform” rating, while Oppenheimer initiated coverage with an “outperform” rating and a $30 target, pointing to SailPoint’s potential role in securing AI-agent identities. Oppenheimer coverage report
Positive Sentiment: Post-earnings momentum has continued. SailPoint has risen 13.5% since its latest earnings report, which included earnings of $0.09 per share versus an $0.08 consensus estimate and 17% year-over-year revenue growth to $308.81 million. Zacks post-earnings analysis
Positive Sentiment: SailPoint updated its identity-security platform, potentially strengthening its competitive position as demand grows for governance and protection of digital identities, including those used by AI systems. Platform update
Neutral Sentiment: Amerx initiated coverage with a “hold” rating, providing a more cautious counterpoint to the recent bullish recommendations. Amerx coverage report
Negative Sentiment: Several senior executives, including the CEO, CFO, president and other officers, sold shares. The transactions were made under pre-arranged Rule 10b5-1 plans to cover tax obligations on vested equity awards, and executives retained substantial holdings, reducing—but not eliminating—the bearish signal.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of SAIL. Wasatch Advisors LP bought a new stake in SailPoint in the second quarter worth about $66,173,000. BlackRock Inc. bought a new position in shares of SailPoint during the 2nd quarter valued at about $65,050,000. Stephens Investment Management Group LLC boosted its position in shares of SailPoint by 51.0% during the 1st quarter. Stephens Investment Management Group LLC now owns 2,895,700 shares of the company’s stock valued at $38,339,000 after purchasing an additional 978,376 shares in the last quarter. Bank of America Corp DE grew its stake in shares of SailPoint by 40.1% in the 1st quarter. Bank of America Corp DE now owns 1,764,870 shares of the company’s stock worth $23,367,000 after purchasing an additional 504,726 shares during the last quarter. Finally, Freestone Grove Partners LP bought a new stake in shares of SailPoint in the 2nd quarter worth approximately $21,266,000.

Analysts Set New Price Targets

SAIL has been the topic of several analyst reports. Robert W. Baird raised their price target on shares of SailPoint from $22.00 to $25.00 and gave the company an “outperform” rating in a research note on Thursday. Oppenheimer started coverage on SailPoint in a research note on Wednesday. They set an “outperform” rating and a $30.00 target price on the stock. Royal Bank Of Canada increased their price target on SailPoint from $19.00 to $22.00 and gave the stock an “outperform” rating in a research note on Friday, August 14th. Morgan Stanley raised their price target on SailPoint from $18.00 to $22.00 and gave the company an “overweight” rating in a report on Thursday, August 20th. Finally, Bank of America lifted their price objective on shares of SailPoint from $19.00 to $22.00 and gave the company a “neutral” rating in a research note on Friday, September 18th. Twenty equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, SailPoint has an average rating of “Moderate Buy” and an average price target of $22.20.

Get Our Latest Analysis on SailPoint

About SailPoint

(Get Free Report)

SailPoint, Inc (NASDAQ:SAIL) is an identity security company that helps organizations manage and protect digital identities and access to applications, data, and other technology resources. Its software is designed to help enterprises determine who should have access to specific resources, enforce access policies, and identify and address inappropriate or excessive access.

The company’s offerings include its cloud-based identity security platform, which supports identity governance, access management, lifecycle automation, compliance, and analytics.