On January 20, 2026, Adam Eltoukhy, who serves as Executive Vice President, Chief Legal Officer, and Secretary at Samsara Inc. (NYSE: IOT), sold 4,688 shares of Class A Common Stock, generating proceeds near $152,563. This sale took place as Samsara’s shares traded around $32.08, a price point near the stock’s 52-week minimum of $31.25 and considerably below its 52-week peak of $61.90.
The disposition of shares occurred over two distinct transactions. In the first, 3,825 shares were sold at an average price of $32.2837, with transaction prices ranging between $31.92 and $32.83. The second involved 863 shares sold at a weighted average of approximately $33.6942, within a narrow price range of $33.65 to $33.70.
Post these transactions, Eltoukhy maintains direct ownership of 246,675 Class A shares and an indirect ownership of 121,859 shares through the ES Trust. Importantly, the sales were conducted pursuant to a pre-established Rule 10b5-1 trading plan adopted on March 28, 2025, allowing for scheduled transactions regardless of material nonpublic information.
In recent developments, Samsara released its 2025 Year in Review, reporting marked advancements in safety metrics among users of its Connected Operations Platform. Organizations utilizing Samsara’s technology have seen a 73% decrease in crash incidences as they collectively covered over 90 billion miles in the year. Among these clients, Swissport North America recorded a 60% drop in operational incidents and a 23% decline in vehicle damage after the integration of the company’s Vehicle Gateways and AI Dash Cams, which have proven instrumental in elevating fleet safety and operational efficiency.
Meanwhile, Samsara’s stock has drawn attention from equity analysts. KeyBanc recently initiated coverage on the company with an Overweight rating and a price target of $55, emphasizing Samsara’s strategic positioning within the expansive $45 trillion Physical Operations industry. TD Cowen raised its price target from $49 to $55 and retained a Buy rating, citing the company's strong third-quarter results, including revenue surpassing expectations and record new customer growth. Additionally, BMO Capital Markets granted Samsara an outperform rating, forecasting a rebound in software equities by 2026 as artificial intelligence applications become more defined and widespread.