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Samsara Inc (NYSE:IOT). NASDAQ:IOT Executive Vice President and CFO Dominic Phillips sold 17,793 shares of Class A Common Stock on August 1, 2025, for approximately $640,290. The sales were executed in multiple transactions with prices ranging from $35.60 to $37.11. The company, currently valued at $20.5 billion, maintains impressive gross profit margins of 77% and has seen 32% revenue growth over the last twelve months.
According to a Form 4 filing with the Securities and Exchange Commission, the sales were executed under a prearranged 10b5-1 trading plan adopted on December 31, 2024. The weighted average price for 17,193 shares was $35.9555, with individual prices ranging from $35.60 to $36.57. An additional 600 shares were sold at a weighted average price of $36.8467, in a range between $36.60 and $37.11. Based on InvestingPro analysis, the stock appears overvalued at current levels, with 15 analysts recently revising their earnings expectations upward.
Following the transactions, Phillips directly owns 793,735 shares of Samsara Class A Common Stock. The filing also notes that Phillips indirectly owns 1,079,609 shares through The Phillips Family Trust. The number of shares held reflects the transfer of 17,793 shares of Class A Common Stock from The Phillips Family Trust dated 5/9/2013, to the Reporting Person. Discover more insights about IOT and access detailed financial analysis through InvestingPro, which offers 12 additional exclusive tips and comprehensive valuation metrics for informed investment decisions.
In other recent news, Samsara Inc has captured the attention of several research firms following its Beyond 2025 event and Analyst Day. Wolfe Research increased its price target for Samsara from $45 to $50, maintaining an Outperform rating due to the company’s product expansion and management stability. Goldman Sachs reiterated its Buy rating with a $46 price target, emphasizing Samsara’s transition to an AI-first, multi-product operations platform and its potential for over 30% annual recurring revenue growth. Truist Securities maintained its Hold rating with a $42 price target, noting Samsara’s continued innovation and favorable market conditions for digitizing physical operations. Evercore ISI kept its In Line rating and $45 price target, highlighting the company’s ongoing product innovation and growth trajectory. William Blair also reiterated its Outperform rating, citing the significant market opportunity for connected operations digitization. These developments reflect a broad confidence in Samsara’s strategic direction and growth prospects.
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