Five things to watch in markets in the week ahead
Sanjit Biswas, Chief Executive Officer of Samsara Inc. (NYSE:IOT), sold shares of the company’s Class A Common Stock on October 7, 2025, for a total of approximately $6.1 million. The sales were executed in a series of transactions with prices ranging from $37.7749 to $40.311 per share. The company, currently valued at $23.11 billion, has demonstrated strong revenue growth of 30.32% and maintains impressive gross profit margins of 76.94%, according to InvestingPro data.
Biswas sold 127,711 shares for approximately $4,857,575. These sales were executed pursuant to a Rule 10b5-1 trading plan adopted on September 30, 2024, by SB and HB, Co-Trustees of the Biswas Family Trust u/a/d 7/13/2012.
Additionally, Biswas sold 32,635 shares for approximately $1,279,464, with prices ranging from $38.3037 to $40.1114. These sales were executed pursuant to a Rule 10b5-1 trading plan adopted on September 30, 2024, by Jordan Park Trust Company LLC, Trustee, by Courtney J. Maloney as Trust Officer.
Following these transactions, Biswas continues to indirectly hold shares through the Biswas Family Trust, The Biswas Trust I u/a/d 11/11/2021, and The Biswas Trust II u/a/d 10/14/2021. Biswas also directly holds 1,111,261 shares of Class A Common Stock.
In other recent news, Samsara Inc. has reported impressive financial results, with its annual recurring revenue (ARR) growing by 29.8% year-over-year to $1.640 billion, surpassing consensus estimates of $1.624 billion. This strong performance has led to a series of analyst updates. Truist Securities raised its price target for Samsara to $39, citing the company’s revenue and operating margin exceeding expectations. Similarly, Piper Sandler increased their price target to $48, noting a re-acceleration in Net New Annual Recurring Revenue (NNARR) that surpassed bullish projections.
Morgan Stanley also raised its price target for Samsara to $53, highlighting the company’s accelerated growth despite broader market concerns. William Blair reiterated an Outperform rating, attributing the stock’s upward movement to sustained operating performance and strong net new ARR momentum. In addition to financial updates, Samsara announced an expansion of its AI-powered safety platform with new features aimed at improving fleet safety. These recent developments reflect the company’s continued focus on growth and innovation.
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