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Brian Carolan, Chief Financial Officer of SailPoint, Inc. (NYSE:SAIL), sold a total of 157,763 shares of common stock between October 7 and October 9, 2025. The sales, executed in multiple transactions, amounted to $3,543,168. The stock, currently trading at $23.30, has shown strong momentum with a 31% gain over the past six months, according to InvestingPro data.
On October 7, Carolan sold 22,389 shares at a weighted average price of $22.1332, with prices ranging from $21.815 to $22.81, and 13,776 shares at a weighted average price of $23.2369, with prices ranging from $22.84 to $23.755. On October 8, he sold 29,983 shares at a weighted average price of $22.3403, with prices ranging from $21.79 to $22.785, and 6,916 shares at a weighted average price of $22.9103, with prices ranging from $22.79 to $23.09. The final sale occurred on October 9, with 84,699 shares sold at a weighted average price of $22.4234, with prices ranging from $21.85 to $22.82. With analyst targets ranging from $23 to $30, the market maintains a bullish outlook on the $12.5 billion company.
Following these transactions, Carolan directly owns 1,336,628 shares of SailPoint, Inc. (NYSE:SAIL).
The sales were executed pursuant to a mandatory sell-to-cover provision in the reporting person’s underlying Restricted Stock Unit Agreement for the satisfaction of tax withholding obligations in connection with the vesting of restricted stock units and consequently do not represent discretionary trades by the reporting person.
In other recent news, SailPoint Technologies has been making headlines with several notable developments. The company has introduced enhancements to its Identity Security Cloud platform, expanding its capabilities in non-employee risk management and machine identity security. This includes integration with Microsoft Entra Verified ID, which aims to streamline onboarding processes for contractors using third-party credentials and biometric verification.
In addition, SailPoint unveiled new products at its Navigate user conference, such as Agent Identity Security and an enhanced Atlas Enterprise platform. Analyst firms have responded with mixed ratings: Truist Securities reiterated a Buy rating with a $29 price target, while Mizuho maintained a Neutral rating at $25, following discussions with the company’s executives. TD Cowen also reiterated a Buy rating, setting a $30 price target, and highlighted growth opportunities as SailPoint expands beyond its core offerings. These developments indicate a strategic focus on broadening SailPoint’s identity security solutions.
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