Street Calls of the Week
Director John Bicket of Samsara Inc (NYSE: IOT) sold a total of 166,145 shares of Class A Common Stock on October 7, 2025, in a series of transactions. The sales, executed under two separate Rule 10b5-1 trading plans, totaled approximately $6.5 million. The transactions occurred as Samsara, currently valued at $23.11 billion, maintains a GOOD financial health score according to InvestingPro analysis.
Under the first trading plan, Bicket sold 137,800 shares at prices ranging from $37.26 to $40.37, for a total value of $5,240,207.
The remaining 28,345 shares were sold under a second trading plan, at prices between $37.84 and $40.38, with the total value of these sales amounting to $1,279,431.
Following these transactions, Bicket continues to indirectly hold shares through the Bicket Revocable Trust and the Bicket-Dobson Trusts I and II, and directly holds 311,816 shares of Class A Common Stock. The company maintains impressive gross profit margins of 77% and has received 16 upward earnings revisions from analysts. For deeper insights into Samsara’s valuation and growth prospects, access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Samsara Inc. has announced an expansion of its AI-powered safety platform with new features aimed at fleet managers. These additions include Weather Intelligence, a tool that integrates real-time weather data and alerts from the National Weather Service to help manage driving conditions. On the financial front, Samsara reported a 29.8% year-over-year growth in annual recurring revenue, reaching $1.640 billion, surpassing consensus estimates of $1.624 billion. Following this strong performance, Truist Securities raised its price target for Samsara to $39, maintaining a Hold rating. Piper Sandler also increased its price target to $48, citing a re-acceleration in Net New Annual Recurring Revenue that exceeded expectations. Meanwhile, Morgan Stanley adjusted its price target to $53, reflecting Samsara’s accelerated growth despite market concerns. Additionally, William Blair reiterated an Outperform rating, highlighting the company’s sustained operating performance and accelerated ARR momentum. These developments underscore Samsara’s positive trajectory in both product innovation and financial performance.
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