SailPoint (NASDAQ:SAIL) Reaches New 12-Month Low - Here's What Happened

Market Beat
2026.02.03 21:39
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SailPoint (NASDAQ:SAIL) shares hit a new 52-week low of $14.48 during trading, closing at $14.60. Analysts have adjusted price targets, with Mizuho lowering theirs to $23.00 and Weiss Ratings maintaining a 'sell' rating. The company reported a quarterly EPS of $0.08, exceeding estimates, with revenue up 19.8% year-over-year. Insider selling occurred, with significant shares sold by executives. Institutional investors have also been active, with several increasing their stakes in the company. SailPoint specializes in enterprise identity governance solutions.