Insider Trading January 22, 2026

Samsara CEO Sanjit Biswas Divests $8.5 Million in Shares Amid Stock Downtrend

Exec sells 286,500 shares through two 10b5-1 plans as company shares hit 52-week lows

By Maya Rios IOT
Samsara CEO Sanjit Biswas Divests $8.5 Million in Shares Amid Stock Downtrend
IOT

Sanjit Biswas, CEO and Director of Samsara Inc, liquidated approximately $8.5 million worth of Class A Common Stock via two separate 10b5-1 trading plans on January 20, 2026. This sale occurred against the backdrop of a 33.49% year-over-year decline in Samsara's stock price, which currently trades near its 52-week low. Despite the share divestment, the company continues to garner positive analyst attention following robust quarterly results and industry recognition for its innovative operational technology.

Key Points

  • Sanjit Biswas sold 286,500 shares of Samsara’s Class A Common Stock, totaling approximately $8.5 million, under two 10b5-1 trading plans.
  • Samsara’s stock has fallen 33.49% over the past year and is trading near a 52-week low of $31.25 as of January 2026.
  • Analyst firms TD Cowen and KeyBanc have increased their price targets and ratings for Samsara following strong Q3 results and record new customer growth, highlighting the company’s potential in the Physical Operations industry.

On January 20, 2026, Sanjit Biswas, who serves as Chief Executive Officer and Director at Samsara Inc (NYSE:IOT), executed sales of 286,500 Class A Common Stock shares valued at about $8.5 million. The disposition of shares was carried out under two distinct 10b5-1 trading programs, designed to permit planned equity sales regardless of current market conditions. Samsara’s stock has experienced a considerable 33.49% drop over the last twelve months, trending close to its 52-week low level of $31.25.

Under the first of these trading programs, Biswas sold 207,976 shares amounting to roughly $6.74 million. These transactions were carried out in multiple tranches at prices spanning from $31.96 to $33.615 per share. The second trading plan involved selling 78,524 shares for approximately $1.82 million, with share prices ranging between $31.98 and $33.65 during the multiple sale events.

Following these sales, Biswas retains a substantial ownership stake in Samsara, directly holding 902,213 Class A Common Stock shares, and indirectly owning additional shares through various trust arrangements.

In parallel news about the company’s operational performance, Samsara recently posted strong third-quarter results that have prompted TD Cowen to upgrade the stock’s price target from $49 to $55 while affirming a Buy rating. The analyst firm drew attention to Samsara’s notable revenue outperformance and acceleration in net new annual recurring revenue growth, including a record-setting tally of new customer acquisitions. Further bolstering market sentiment, KeyBanc initiated coverage on Samsara with an Overweight rating and set a $55 price target. KeyBanc emphasized the promising outlook of Samsara’s modern platform, particularly its capacity to transform the sizeable Physical Operations sector.

On the customer front, Swissport North America has reported significant improvements since adopting Samsara’s Connected Operations Platform, including a 60% decrease in operational incidents and a 23% reduction in vehicle damage. This platform leverages AI Dash Cams and in-cab alert systems to enhance safety and operational efficiencies. Samsara’s 2025 Year in Review highlighted a substantial 73% drop in crash rates among users of its platform, collectively logging over 90 billion miles driven. Additionally, BMO Capital Markets placed Samsara among its outperform-rated software stocks for 2026, reflecting a favorable outlook amid progressing clarity in AI technology applications.

Risks

  • Significant stock price decline of 33.49% over the past year could signal underlying challenges, posing potential valuation and market confidence risks in the technology and operations sectors.
  • Executive share sales, even when via scheduled plans, might raise questions about insider sentiment at a time when shares are near their 52-week lows, impacting investor perception.
  • Despite positive analyst ratings, the evolving competitive landscape in operational technology and uncertainties involving AI platform adoption could affect Samsara’s growth trajectory and stock performance.

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