Gold prices steady ahead of Fed decision; weekly weakness noted
Adam Eltoukhy, Executive Vice President, Chief Legal Officer and Secretary at Samsara Inc. (NYSE:IOT), a $21.5 billion market cap company with impressive gross profit margins of 76.65%, sold 10,083 shares of Class A Common Stock on July 21, 2025, for approximately $390,899.
The sales were executed in two tranches. The first sale involved 7,796 shares at a weighted average price of $38.597, with prices ranging from $38.16 to $38.96. The second sale consisted of 2,287 shares at a weighted average price of $39.3515, with prices ranging from $39.17 to $39.47. According to InvestingPro data, the stock has shown significant volatility, with a beta of 1.63.
Following the transactions, Eltoukhy directly owns 358,720 shares of Samsara Inc. Class A Common Stock, which includes restricted stock units. Eltoukhy also indirectly owns 94,496 shares held by the ES Trust.
The sales were conducted under a pre-arranged Rule 10b5-1 trading plan adopted on March 28, 2025.
In other recent news, Samsara Inc has been the focus of multiple analyst evaluations following its Beyond 2025 event and Investor Day. Goldman Sachs reiterated its Buy rating with a $46.00 price target, citing Samsara’s transition into an AI-first, multi-product operations platform, with new offerings such as Route Planning and Wearables. Wolfe Research raised its price target from $45.00 to $50.00, maintaining an Outperform rating due to increased confidence in the company’s growth durability and management stability. Evercore ISI kept its In Line rating and $45.00 price target, emphasizing Samsara’s ongoing product innovation and its potential to support durable growth. Truist Securities maintained a Hold rating and a $42.00 price target, expressing continued interest in Samsara’s innovation and market positioning. William Blair also maintained its Outperform rating, highlighting the significant market opportunity for connected operations digitization. These developments underscore the varied analyst perspectives on Samsara’s growth potential and market strategy.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.