Samsara (IOT) CAO Benjamin Louis Kirchhoff Sells $31K of Stock
Key Points
- Samsara Inc. Chief Accounting Officer Benjamin Louis Kirchhoff sold 770 shares at $39.79 each on October 19, 2026, under a pre-arranged plan.
- After the trade, Benjamin Louis Kirchhoff holds 148,151 $IOT shares, down 0.52% from before the trade.
- The company reported trailing twelve-month revenue of $1.85 billion alongside an EPS of $0.14, with the next earnings report scheduled for December 3, 2026.
- Several Wall Street firms adjusted targets recently, including Jefferies initiating a buy rating and a $50 target on October 5, 2026.
Since the trade, $IOT is up 7.9% to date (from the $40.30 close on Oct 19, 2026).
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Samsara Inc. Chief Accounting Officer Benjamin Louis Kirchhoff sold 770 shares of the company on October 19, 2026, according to a Form 4 filing with the SEC.
Inside Benjamin Louis Kirchhoff's Samsara Trade
Kirchhoff executed the sale at a price of $39.79 per share, bringing the total transaction value to roughly $30,638. The trade was carried out under a pre-arranged Rule 10b5-1 trading plan. Following the transaction, Kirchhoff held 148,151 shares of stock, marking a change of about 0.52% in his personal holdings. The stock closed at $40.30 on the day of the trade.
Other Institutional Activity in Samsara
Baillie Gifford & Co reduced its holdings by 1,167,781 shares, ending with 56,358,374 shares worth about $2.44 billion in its report for the quarter ended June 30, 2026. Sands Capital Management, LLC cut its stake by 4,309,011 shares to hold 11,348,32 shares valued at roughly $490.7 million over the same period.
Samsara Inc. Stock Down 0.5%
Shares of Samsara recently traded around $42.39 as of October 21, 2026, putting the price up about 5.2% since Kirchhoff's sale. The company operates in the software infrastructure sector from its headquarters in San Francisco.
Recent Earnings
Samsara reported $1.85 billion in trailing twelve-month revenue with an EPS of $0.14. The firm posted a year-over-year revenue growth rate of 29.9% alongside a net profit margin of 4.9% and a return on equity of 6.4%. Its next earnings update is slated for December 3, 2026.
Insider Buying and Selling at Samsara Inc.
Earlier insider moves included Executive Vice President and Chief Technology Officer John Bicket selling 103,206 shares on October 14, 2026, for about $4.25 million. On October 15, 2026, Benjamin Louis Kirchhoff sold an earlier block of 2,165 shares for $87,466, while John Bicket unloaded 65,209 shares for roughly $2.76 million. CEO Sanjit Biswas also sold 65,402 shares for about $2.76 million on the same date. All these preceding transactions were planned under trading rules.
Analysts Set New Price Targets
On September 4, 2026, BNP Paribas maintained an outperform rating while raising its price target to $55.00 from $40.00. Piper Sandler reiterated a neutral stance on the same day and lifted its target to $46.00 from $40.00. Truist Securities also kept a hold rating on September 4, 2026, while moving its target up to $48.00 from $38.00. Cantor Fitzgerald initiated coverage with an overweight rating and a $45.00 target on September 15, 2026. Jefferies followed on October 5, 2026, by initiating a buy rating and a $50.00 target.
About Samsara
Samsara builds a cloud platform that connects physical operations data for business customers. Its connected operations suite pulls information from internet-connected devices and machinery to give companies real-time analytics, workflow tools, and safety alerts.
Bottom Line
Investors are keeping an eye on upcoming financial results and regular SEC disclosures to gauge insider sentiment. The next earnings release on December 3, 2026, will offer a fresh look at company growth.
Source: Benjamin Louis Kirchhoff's Form 4 filing on $IOT (Oct 19, 2026). Written by software, not financial advice. How we make alerts