Samsara (IOT) Evp, CTO Bicket John Sells $4.2M of Stock

Samsara Inc.'s Chief Technology Officer, John Bicket, sold 103,206 shares on October 14, 2026, for about $4.2 million. This transaction was part of a pre-arranged trading plan. The shares were sold at an average price of $41.14.

Inside Bicket John's Trade

Bicket's sale reflects a significant move in his holdings. As the Executive Vice President and CTO, his decision to sell shares comes as the company continues to experience strong revenue growth. This sale is his first reported transaction since June 16, 2026, when CEO Sanjit Biswas also sold shares.

Other Institutional Activity in Samsara

Several institutional investors have adjusted their positions in Samsara recently. Baillie Gifford & Co reduced its holdings by 1,167,781 shares, ending with 56,358,374 shares valued at about $2.23 billion. In contrast, Price (T. Rowe) Associates Inc added 12,098,129 shares, bringing its total to 48,692,589 shares worth approximately $1.93 billion. Meanwhile, FMR, LLC increased its stake by 2,631,862 shares, now holding 26,406,588 shares valued at about $1.04 billion.

Samsara Inc. Stock Down 2.4%

As of October 16, 2026, Samsara's stock was recently traded around $41.58, which is above its 50-day moving average by 4.1% and significantly above its 200-day average by 23.0%. However, it remains about 12.4% below its 52-week high of $47.47. The current price suggests the stock is trading below the analysts' mean price target of $52.07 by roughly 20.1%.

Recent Earnings

Samsara reported trailing twelve-month revenue of approximately $1.85 billion, with a year-over-year revenue growth of 29.9%. The company has a net margin of 4.9% and a return on equity of 6.4%. Its next earnings report is expected on December 3, 2026.

Insider Buying and Selling at Samsara Inc.

In addition to John Bicket's recent sale, CEO Sanjit Biswas sold 95,388 shares on October 13, 2026, for about $3.99 million. This continues a trend of insider selling as the company prepares for its upcoming earnings announcement.

Analysts Set New Price Targets

On October 5, 2026, Jefferies initiated coverage on Samsara with a 'Buy' rating and a price target of $50.00. Earlier, on September 4, 2026, BNP Paribas maintained an 'Outperform' rating with a target of $55.00, up from $40.00. The consensus rating across analysts is currently 'buy', with a mean price target of $52.07.

About Samsara Inc.

Samsara Inc. provides technology solutions that connect physical operations data to its connected operations platform. This platform includes a data platform that aggregates and enriches data from IoT devices, offering analytics, AI capabilities, and data security. The company, headquartered in San Francisco, CA, is positioned well in the growing software infrastructure sector.

Bottom Line

Investors should keep an eye on Samsara's upcoming earnings report on December 3, 2026, and monitor any further insider trading activity. Bicket's recent sale is noteworthy as it comes amidst strong revenue growth for the company.