Samsara (IOT) Evp, CTO Bicket John Sells $2.8M of Stock
Samsara's CTO John Bicket sold shares as part of a pre-set trading plan amid strong revenue growth.
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Bicket John, Executive Vice President, Chief Technology Officer at Samsara Inc. ($IOT), sold 65,209 shares at an average price of $42.27, worth about $2.76 million, on October 15, 2026. The trade was reported to the SEC in a Form 4 filing and was made under a pre-arranged Rule 10b5-1 trading plan.
Since the trade, $IOT is down 7.1% to date (from the $42.59 close on Oct 15, 2026).
IOT
Samsara Inc.
Key Points
- On October 15, 2026, John Bicket sold 65,209 shares of Samsara Inc. at $42.27 each, totaling about $2.76 million.
- Samsara's stock recently traded around $41.58, which is 4.1% above its 50-day moving average and 23.0% above its 200-day average.
- Analysts currently have a mean price target of $52.07 for Samsara, with a consensus recommendation of 'buy' from 24 analysts.
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John Bicket, the Chief Technology Officer at Samsara Inc. (NYSE: IOT), sold 65,209 shares on October 15, 2026, for about $2.76 million. This transaction was part of a planned sale under a Rule 10b5-1 trading plan.
Inside Bicket's Trade
Bicket's sale was executed at an average price of $42.27 per share. This move follows his earlier sale of 103,206 shares on October 14, valued at over $4.2 million. His recent transactions highlight a pattern of significant stock sales as the company continues to experience strong revenue growth.
Other Institutional Activity in Samsara
Several institutional investors have adjusted their positions in Samsara recently. Price (T. Rowe) Associates Inc. added 12,098,129 shares, bringing its total to 48,692,589 shares worth about $1.93 billion. FMR, LLC increased its holdings by 2,631,862 shares, which now totals 26,406,588 shares valued at approximately $1.05 billion. Blackrock Inc. also boosted its stake by 1,473,867 shares, ending with 23,805,185 shares worth about $941.97 million.
Samsara Inc. Stock Down 2.4%
Samsara's stock recently traded around $41.58. This price is 4.1% above its 50-day moving average and 23.0% above its 200-day average. However, it remains 12.4% below its 52-week high of $47.47. The current price is also about 20.1% below the analysts' mean target price of $52.07.
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 scheduled for December 3, 2026.
Insider Buying and Selling at Samsara Inc.
In addition to Bicket's sale, CEO Sanjit Biswas also sold 65,402 shares on the same day for about $2.76 million at an average price of $42.27. Both transactions were part of planned sales under Rule 10b5-1 trading plans.
Analysts Set New Price Targets
On September 4, 2026, BNP Paribas maintained an 'Outperform' rating with a price target of $55.00. Piper Sandler reiterated a 'Neutral' rating with a target of $46.00. Truist Securities also maintained a 'Hold' rating with a target of $48.00. The consensus among analysts is currently a 'buy' rating with a mean price target of $52.07.
About Samsara Inc.
Samsara Inc. provides solutions that connect physical operations data to its connected operations platform. The company's platform includes a data platform that aggregates data from IoT devices and connected assets. This technology supports businesses in managing their operations more efficiently.
Bottom Line
Investors should keep an eye on Samsara as it approaches its earnings report on December 3, 2026. The recent insider sales highlight ongoing activity among company executives, reflecting their confidence in the company's future prospects.
Related Filing Alerts
Source: Bicket John's Form 4 filing on $IOT (Oct 15, 2026). Find the original filing: IOT Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts