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

Key Points

• Rep. Josh Gottheimer purchased between $1,001 and $15,000 of SailPoint shares on July 20 through a Morgan Stanley account, according to a disclosure filed August 10.
• SailPoint reported quarterly revenue of $280.14 million, up 21.5% year over year, and earnings of $0.05 per share, exceeding analyst expectations by $0.01. The company maintained fiscal 2027 EPS guidance of $0.30 to $0.34.
• Analysts have a consensus “Moderate Buy” rating and a $19.94 price target, while insiders sold nearly $7.9 million of stock over the past quarter, primarily through pre-arranged plans to cover tax obligations.

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 Down 1.8%

Shares of SAIL opened at $19.06 on Wednesday. The business's 50 day moving average price is $15.43 and its 200-day moving average price is $14.52. SailPoint, Inc. has a 52 week low of $10.30 and a 52 week high of $24.00. The stock has a market cap of $10.81 billion, a P/E ratio of -70.59, a P/E/G ratio of 2.16 and a beta of 2.08.

SailPoint (NASDAQ:SAIL - Get Free Report) last posted its quarterly earnings data on Tuesday, June 9th. The company reported $0.05 earnings per share for the quarter, beating analysts' consensus estimates of $0.04 by $0.01. The company had revenue of $280.14 million during the quarter. SailPoint had a positive return on equity of 2.31% and a negative net margin of 14.04%.The firm's quarterly revenue was up 21.5% on a year-over-year basis. During the same period last year, the business earned $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. On average, equities analysts anticipate that SailPoint, Inc. will post 0.32 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently issued reports on SAIL. Truist Financial set a $18.00 price target on SailPoint in a research report on Wednesday, June 17th. Scotiabank reiterated a "sector outperform" rating and issued a $19.00 target price (up from $16.00) on shares of SailPoint in a research note on Tuesday, June 9th. BMO Capital Markets reiterated an "outperform" rating on shares of SailPoint in a report on Wednesday, June 10th. Stephens reissued an "overweight" rating and set a $20.00 price target on shares of SailPoint in a research report on Wednesday, June 17th. Finally, Roth Capital began coverage on shares of SailPoint in a report on Wednesday, May 20th. They issued a "buy" rating and a $19.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $19.94.

Insider Activity at SailPoint

In related news, insider Abby Payne sold 21,542 shares of the firm's stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $16.29, for a total value of $350,919.18. Following the sale, the insider owned 908,964 shares in the company, valued at approximately $14,807,023.56. This trade represents a 2.32% decrease in their ownership of the stock. The sale was disclosed in a document filed 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, General Counsel Christopher Schmitt sold 23,940 shares of SailPoint stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $16.29, for a total transaction of $389,982.60. Following the completion of the sale, the general counsel directly owned 1,331,611 shares of the company's stock, valued at approximately $21,691,943.19. This trade represents a 1.77% decrease in their position. 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 497,832 shares of company stock valued at $7,934,851 over the last quarter. 1.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On SailPoint

Several large investors have recently bought and sold shares of the business. Norges Bank bought a new position in SailPoint during the 4th quarter valued at about $234,681,000. Wasatch Advisors LP bought a new stake in shares of SailPoint in the second quarter worth approximately $66,173,000. BlackRock Inc. purchased a new position in shares of SailPoint during the second quarter valued at approximately $65,050,000. UBS Group AG raised its holdings in shares of SailPoint by 116.3% during the third quarter. UBS Group AG now owns 4,128,038 shares of the company's stock valued at $91,147,000 after purchasing an additional 2,219,593 shares during the last quarter. Finally, Stephens Investment Management Group LLC lifted its position in SailPoint by 51.0% during the first 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 during the period.

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

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.

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