Eltoukhy Adam sells Samsara Inc (IOT) stock worth $187,840

Published 23/09/2025, 22:26
Eltoukhy Adam sells Samsara Inc (IOT) stock worth $187,840

Adam Eltoukhy, Executive Vice President, Chief Legal Officer and Secretary at Samsara Inc (IOT), a $22.5 billion market cap company with impressive 77% gross margins and 30% revenue growth, sold 4,767 shares of Class A Common Stock on September 22, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a weighted average price of $39.4043, for a total value of $187,840.

The sales were executed in multiple transactions with prices ranging from $38.92 to $39.88, with the stock currently trading at $38.42. According to InvestingPro analysis, the stock appears overvalued at current levels, with notable price volatility in recent trading. Eltoukhy undertakes to provide full information regarding the number of shares sold at each separate price within the ranges set forth herein, upon request.

Following the transaction, Eltoukhy directly owns 302,698 shares of Samsara Inc. Class A Common Stock, which includes restricted stock units (RSUs). Eltoukhy also indirectly owns 113,196 shares held by the ES Trust.

The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted on March 28, 2025.

In other recent news, Samsara Inc. has reported significant developments that have captured investor attention. The company announced an expansion of its AI-powered safety platform, introducing new features like Weather Intelligence to enhance fleet management safety. This expansion aims to help fleet operators mitigate risks by providing real-time weather data and alerts. Additionally, Samsara’s financial performance has been robust, as evidenced by its recent earnings report. The company reported an annual recurring revenue growth of 29.8% year-over-year, reaching $1.640 billion, surpassing consensus estimates.

Analyst firms have responded positively to Samsara’s performance. Morgan Stanley raised its price target for Samsara to $53, citing strong growth, while Truist Securities increased its target to $39, noting the company’s double-digit ARR growth. Piper Sandler also adjusted its price target to $48, highlighting the re-acceleration in Net New Annual Recurring Revenue. Furthermore, William Blair reiterated an Outperform rating on Samsara, attributing the stock’s rise to accelerated ARR momentum and sustained operational performance. These developments reflect Samsara’s ongoing efforts to strengthen its market position.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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