Samsara director Bicket sells shares worth $5.2m

Published 25/07/2025, 03:30
Samsara director Bicket sells shares worth $5.2m

Director John Bicket of Samsara Inc. (NYSE:IOT) sold shares of Class A Common Stock on July 22 and 23, 2025, according to a recent Form 4 filing. The sales, totaling $5.2 million, were executed in multiple transactions with prices ranging from $37.8715 to $38.8266. The transactions occurred as the company, currently valued at $22 billion, trades near its 52-week low with a share price of $38.12.

Bicket sold 91,048 shares, 13,056 shares and 32,896 shares, held by the Bicket Revocable Trust.

Additionally, Bicket sold 6,000 shares and 27,000 shares, held by Jordan Park Trust Company LLC, totaling $1.25 million, with prices ranging from $37.8791 to $37.922.

Following these transactions, Bicket directly holds 367,642 shares of Samsara Inc. Class A Common Stock and indirectly holds 1,395,347 shares through the Bicket Revocable Trust.

The sales were executed under Rule 10b5-1 trading plans.

In other recent news, Samsara Inc has been the focus of several analyst updates following its Investor Day and Beyond 2025 event. Wolfe Research raised its price target for Samsara to $50, maintaining an Outperform rating, citing confidence in the company’s growth durability and management stability. Goldman Sachs reiterated its Buy rating with a $46 price target, highlighting Samsara’s transition to an AI-first, multi-product platform and its potential to sustain over 30% annual recurring revenue growth. Truist Securities maintained its Hold rating with a $42 price target, noting the company’s innovation pace and potential benefits from digitization trends.

Evercore ISI kept its In Line rating and $45 price target, emphasizing Samsara’s product innovation and its role in supporting growth. William Blair also reiterated an Outperform rating, pointing to the significant market opportunity in connected operations digitization. These recent developments reflect a broad confidence among analysts in Samsara’s strategic direction and market potential. The company’s recent events have showcased its expansion in product offerings and its positioning within a vast connected operations market.

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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