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Executive Vice President, Chief Legal Officer and Secretary of Samsara Inc (NYSE: IOT), Adam Eltoukhy, sold 18,219 shares of Class A Common Stock on September 15, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The company, currently valued at $22.65 billion, has shown impressive revenue growth of 30.32% and maintains strong gross profit margins of 76.94%. The sales, to cover tax withholding obligations related to the settlement of restricted stock units, were executed in two tranches at prices ranging from $38.135 to $39.77, netting a total of $713277. According to InvestingPro analysis, the stock’s price movements have been quite volatile, with multiple ProTips available for deeper insight into the company’s performance.
The first transaction involved the sale of 7,862 shares at a weighted average price of $38.773, with individual sales prices ranging from $38.135 to $39.13. The second transaction saw 10,357 shares sold at a weighted average price of $39.4365, in a range between $39.15 and $39.77.
Following these transactions, Eltoukhy directly owns 302,698 shares of Samsara Inc. Class A Common Stock. He also indirectly owns 117,963 shares held by the ES Trust, where he has voting or investment power. The filing also noted the transfer of 18,707 shares to the ES Trust. Based on InvestingPro’s Fair Value analysis, the stock currently appears to be trading above its intrinsic value. Subscribers can access the comprehensive Pro Research Report for detailed valuation metrics and analysis.
In other recent news, Samsara Inc. reported strong quarterly results, surpassing expectations for both revenue and operating margin. The company achieved a significant annual recurring revenue (ARR) growth of 29.8% year-over-year, reaching $1.640 billion, which exceeded consensus estimates. This impressive performance has led several financial firms to adjust their price targets for Samsara. Morgan Stanley increased its price target to $53, citing the company’s accelerated growth. Truist Securities also raised its target to $39, acknowledging the double-digit ARR growth. Piper Sandler adjusted its price target to $48, highlighting the re-acceleration in Net New Annual Recurring Revenue (NNARR). TD Cowen increased its price target to $49, noting the closure of previously delayed deals. William Blair reiterated an Outperform rating, attributing the stock’s rise to sustained operating performance and net new ARR momentum.
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