Samsara EVP Eltoukhy sells $402k in stock

Published 30/06/2025, 23:12
Samsara EVP Eltoukhy sells $402k in stock

Adam Eltoukhy, Executive Vice President, Chief Legal Officer and Secretary at Samsara Inc (NYSE:IOT), a $22.55 billion market cap company with impressive gross profit margins of 76.65%, sold 10,083 shares of Class A Common Stock on June 27, 2025, for approximately $402,238. According to InvestingPro data, the company has shown strong revenue growth of 31.72% over the last twelve months.

The sales were executed in two tranches. The first involved 6,816 shares sold at a weighted average price of $39.6641, with individual sales prices ranging from $39.23 to $40.22. The second transaction involved 3,267 shares sold at a weighted average price of $40.3698, with individual sales prices ranging from $40.25 to $40.57. InvestingPro analysis indicates the stock is currently trading above its Fair Value, with analyst price targets ranging from $38 to $60.

Following the transactions, Eltoukhy directly owns 358,720 shares of Samsara Inc. Class A Common Stock. He also indirectly owns 104,579 shares held by the ES Trust, where he has voting or investment power.

These 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 several analyst reports following its Beyond 2025 event and Investor Day. Wolfe Research raised its price target for Samsara to $50, citing increased confidence in the company’s high-growth durability and management stability. Goldman Sachs reiterated its Buy rating with a $46 price target, highlighting Samsara’s evolution into an AI-first, multi-product operations platform and its potential for over 30% annual recurring revenue growth. Evercore ISI maintained an In Line rating with a $45 price target, emphasizing Samsara’s extensive product innovation and customer service as key differentiators. Meanwhile, William Blair reiterated its outperform rating, underscoring Samsara’s significant market opportunity and strong customer satisfaction. Truist Securities, however, maintained a Hold rating due to concerns over elongation of deal cycles and exposure to GDP-sensitive markets. Despite these varying perspectives, Samsara’s product expansion and innovation continue to attract attention in the investment community.

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