SailPoint, Inc. (SAIL)

SailPoint's stock began trading on the Nasdaq on February 13, 2025, after being taken private in August 2022, with the IPO priced at $23 per share. In Q3 2026, the company reported EPS of $0.08 and revenue of $281.94 million, beating estimates and raising its FY 2026 guidance, but the stock dipped following the earnings report. Insider selling of approximately $23 million worth of company stock was reported on January 30, 2026. As of February 2, 2026, the share price was $15.72, a decrease of 28.68% from its price on February 13, 2025.

The demand for SailPoint's identity security products is driven by the need for cybersecurity solutions, with the digital identity market projected to reach $145.80 billion by 2030. Seasonal influences, such as increased hiring during the "Golden Quarter" and security upgrades in the education sector during holidays, emphasize the need for identity security controls. However, SailPoint's subscription-based revenue model suggests a stable demand profile rather than sharp seasonal fluctuations in direct sales.

SailPoint, Inc. is a leading enterprise software company specializing in identity security solutions, operating within the Technology sector and the Software & IT Services industry. It provides a platform to manage and secure user access across IT environments, mitigating risk, ensuring compliance, and streamlining IT operations. SailPoint's major products include IdentityIQ, a comprehensive on-premises identity security solution; IdentityNow, a cloud-native identity governance-as-a-service solution; and Identity Security Cloud, a unified platform that leverages AI and ML to automate identity governance processes.

SailPoint delivers its identity security solutions to a global clientele, operating in the Americas, Europe, the Middle East, Africa (EMEA), and the Asia-Pacific region. The United States has historically been its largest market, with significant contributions from EMEA and the Rest of the World.

SailPoint has maintained a strong brand reputation, being recognized as a Gartner Peer Insights™ Customers' Choice for Identity Governance & Administration in 2024, with high ratings and willingness to recommend scores. The company was also named a leader by KuppingerCole and Frost & Sullivan. Gartner ranked SailPoint #1 by revenue in Identity Governance and Administration in 2024. While industry benchmarks indicated a higher incident rate compared to peers, the specific impact on SailPoint's brand reputation is not detailed.

SailPoint, Inc. has a significant institutional ownership presence, with 324 institutional owners and shareholders holding a total of 564,286,673 shares. Thoma Bravo, LLC is the largest shareholder, holding 86.21% of the company. Insiders collectively own 2.00% of the company's stock, with the founder, Mark D. McClain, holding a notable stake of 1.40%.