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John Bicket, a director at Samsara Inc. (NYSE:IOT), sold a total of 170,000 shares of Class A Common Stock in two days, with transactions valued at approximately $5.3 million. The sales occurred on July 8 and 9, 2025, at prices ranging from $38.6894 to $39.222 per share. The transactions come as the company, currently valued at $22.36 billion, maintains impressive gross profit margins of 76.65%.
According to a Form 4 filing with the Securities and Exchange Commission, the sales were executed under a pre-arranged Rule 10b5-1 trading plan. On July 8, Bicket, through the Bicket Revocable Trust, disposed of 80,887 shares. InvestingPro analysis indicates the stock is currently trading above its Fair Value, with analysts maintaining a bullish outlook and a consensus "Buy" recommendation.
Additional sales on July 8, executed by Jordan Park Trust Company LLC, Trustee, included 6,000 shares and 27,000 shares, with prices ranging from $38.6946 to $38.8872, totaling $1278077. On July 9, Bicket, through the Bicket Revocable Trust, sold 56,113 shares.
Following these transactions, Bicket directly holds 367,642 shares of Class A Common Stock and indirectly holds 1,532,347 shares through the Bicket Revocable Trust.
In other recent news, Samsara Inc has been the focus of several analyst evaluations following its recent events, including the Beyond 2025 conference and Investor Day. Wolfe Research has raised its price target for Samsara to $50, citing confidence in the company’s growth durability and management stability. Goldman Sachs reiterated its Buy rating with a $46 price target, highlighting Samsara’s transformation into a multi-product operations platform with strong growth potential. Evercore ISI maintained an In Line rating with a $45 target, emphasizing the company’s product innovation and extensive data processing capabilities. Truist Securities kept a Hold rating and a $42 price target, noting concerns about macroeconomic conditions affecting deal cycles. William Blair reiterated its Outperform rating, pointing to Samsara’s market opportunity in connected operations digitization. These developments indicate a mix of optimism and caution among analysts regarding Samsara’s future prospects.
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