Director Susan Bostrom Sells 20,000 Shares of Samsara Inc (IOT) – Yahoo Finance

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On December 26, 2023, Susan Bostrom, a director at Samsara Inc, executed a sale of 20,000 shares of the company’s stock, as reported in a SEC Filing. The transaction was carried out at an average price of $35.22 per share, indicating a total sale amount of $704,400.

Samsara Inc is a company that operates in the Internet of Things (IoT) sector, providing solutions that leverage the latest advancements in sensors, software, and cloud to help businesses increase the efficiency, safety, and sustainability of their operations. The company’s offerings include vehicle telematics, driver safety, mobile workflow, compliance, asset tracking, and industrial process controls all integrated into an intuitive platform.

Over the past year, the insider has sold a total of 60,000 shares of Samsara Inc and has not made any purchases of the stock. This latest transaction continues the trend of insider sales at the company.

The insider transaction history for Samsara Inc shows a pattern of insider sales with 167 recorded over the past year and no insider buys during the same period.

On the date of the insider’s recent transaction, shares of Samsara Inc were trading at $35.22, giving the company a market capitalization of $17.934 billion.

Director Susan Bostrom Sells 20,000 Shares of Samsara Inc (IOT)

Director Susan Bostrom Sells 20,000 Shares of Samsara Inc (IOT)

The insider’s recent sale contributes to the ongoing trend of insider sales at Samsara Inc, which may be of interest to investors and market analysts monitoring insider behaviors and their potential implications on stock performance and company valuation.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

This article first appeared on GuruFocus.

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