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Sanjit Biswas, Chief Executive Officer of Samsara Inc. (NYSE:IOT), sold a total of 160,000 shares of Class A Common Stock on July 8th and 9th, 2025, for approximately $6.2 million. The sales were executed in multiple transactions with prices ranging from $38.6895 to $39.1775. The company, currently valued at $22.36 billion, has demonstrated strong performance with impressive gross profit margins of 76.65% and revenue growth of 31.72% over the last twelve months.
The sales comprised of two sets of transactions. The first set, totaling $4,935,885, involved 126,999 shares sold on July 8th and 9th. The second set of transactions, totaling $1,278,121, involved 33,000 shares sold on July 8th. The price range for the first set was between $38.6895 and $39.1775, while the price range for the second set was between $38.695 and $38.8928. According to InvestingPro, 15 analysts have recently revised their earnings upwards for the upcoming period, signaling positive sentiment about the company’s prospects.
The sales were conducted under Rule 10b5-1 trading plans. Following these transactions, Biswas continues to indirectly hold shares through various trusts, and directly holds 1,320,311 shares of Samsara Inc. Class A Common Stock. Based on InvestingPro’s Fair Value analysis, the stock appears to be trading near its Fair Value, with analysts setting price targets ranging from $38 to $60. Get access to 8 more exclusive ProTips and comprehensive analysis with an InvestingPro subscription.
In other recent news, Samsara Inc has been the focus of several analyst evaluations following its Beyond user conference and Investor Day. Wolfe Research raised its price target for Samsara to $50, citing increased confidence in the company’s growth durability and management stability, while maintaining an Outperform rating. Goldman Sachs reiterated its Buy rating with a $46 price target, highlighting Samsara’s evolution into an AI-first, multi-product platform and its potential for over 30% annual recurring revenue (ARR) growth. Evercore ISI maintained an In Line rating with a $45 price target, praising Samsara’s product innovation but expressing caution due to valuation concerns. William Blair also reiterated an Outperform rating, emphasizing the significant market opportunity for digitizing connected operations and Samsara’s strong customer satisfaction. Truist Securities maintained a Hold rating with a $42 price target, noting Samsara’s innovation pace but expressing concerns about macroeconomic conditions affecting deal cycles. Samsara’s extensive product expansion and high customer interest in new solutions have been consistent themes across these analyses, suggesting a robust outlook for the company.
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