Samsara director Marc Andreessen sells shares for $16.5 million

Published 12/06/2025, 02:44
Samsara director Marc Andreessen sells shares for $16.5 million

Marc Andreessen, a director at Samsara Inc. (NYSE:IOT), reported a series of stock transactions involving the company’s Class A Common Stock on June 10, 2025. Andreessen sold shares worth approximately $16.5 million. The sales prices ranged from $40.05 to $41.65 per share, close to the current trading price of $42.34. According to InvestingPro data, the stock has experienced significant volatility, with a -10.39% return over the past week despite maintaining impressive gross profit margins of 76.65%. These transactions were conducted through various funds associated with Andreessen, including Andreessen Horowitz LSV Fund I, L.P. and AH Parallel Fund V, L.P. InvestingPro analysis indicates the company maintains a strong financial health score, with 15 analysts recently revising their earnings expectations upward. Discover more insights about IOT’s insider trading patterns and comprehensive financial analysis in the Pro Research Report, available with an InvestingPro subscription.

In other recent news, Samsara Inc. reported its first fiscal quarter 2026 earnings, surpassing analyst expectations with an earnings per share (EPS) of $0.11 compared to the forecast of $0.05. The company’s revenue reached $367 million, slightly above the projected $351.56 million, marking a 31% year-over-year growth. Despite these positive results, analysts from BNP Paribas (OTC:BNPQY) Exane lowered their price target for Samsara to $38 from $43, citing extended sales cycles and macroeconomic challenges affecting sales. Meanwhile, RBC Capital maintained an Outperform rating with a $54 price target, emphasizing the company’s strong start to the year and potential for upside. Wolfe Research raised its price target to $45, highlighting Samsara’s competitive positioning and solid execution in a fragmented market. Goldman Sachs also reaffirmed its Buy rating, maintaining a $46 price target, despite a noted slowdown in net new annual recurring revenue growth. These developments reflect a mix of optimism and caution among analysts regarding Samsara’s future performance amidst ongoing economic uncertainties.

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