Adam Eltoukhy, who serves as Executive Vice President, Chief Legal Officer and Secretary at Samsara Inc. (NYSE: IOT), sold a total of 5,473 shares of the company's Class A Common Stock on March 20, 2026. The aggregate proceeds from the two transactions were approximately $182,302.
The share disposals were executed in two separate trades. The first transaction comprised 4,073 shares sold at a weighted average price of $33.1753, with trade prices in that lot ranging from $32.63 to $33.61. The second transaction covered 1,400 shares sold at a weighted average price of $33.6997, with prices in that trade ranging from $33.63 to $33.73.
- Total shares sold: 5,473
- Approximate proceeds: $182,302
- Transaction dates: March 20, 2026
- Trading arrangement: Executed under a Rule 10b5-1 trading plan adopted March 28, 2025
Following these sales, Eltoukhy directly holds 190,649 shares of Samsara Inc. Class A Common Stock. He also maintains an indirect holding of 143,895 shares through the ES Trust.
At the time of reporting, Samsara's stock was trading at $33.17 and the company had a market capitalization of $19.24 billion. InvestingPro analysis included in public commentary indicates the company may be overvalued at current levels.
Samsara recently released its fourth-quarter results, which exceeded both company guidance and consensus estimates across all reported metrics. The company reported significant growth in annual recurring revenue (ARR), with particularly strong expansion among customers generating more than $1 million in ARR.
Analysts have adjusted ratings and price targets in response to the quarterly report and accompanying commentary from management. Craig-Hallum reiterated a Buy rating with a $48 price target, pointing to robust ARR growth and gains in the international business. Wells Fargo raised its price target to $46 and highlighted a 31% reacceleration in net new ARR as well as an overall ARR growth rate of 30%.
Piper Sandler lifted its price target to $39, noting the company's performance and management's decision to raise guidance by roughly 3%. Evercore ISI lowered its price target to $40, citing valuation risk while keeping an Outperform rating and noting that Samsara remains insulated from AI disintermediation. Truist Securities maintained a Hold rating with a $30 price target, acknowledging strong demand across Samsara's largest customer segments.
The transactions by Eltoukhy were processed under the previously adopted 10b5-1 plan, and the reported holdings reflect both direct and indirect ownership following the sales. For investors seeking additional valuation and growth analysis, a comprehensive Pro Research Report on Samsara is available, along with coverage of more than 1,400 other U.S. equities.