Samsara CAO Benjamin Kirchhoff sells $30,638 in company stock

Benjamin Louis Kirchhoff, Chief Accounting Officer at Samsara Inc. (NYSE:IOT), sold 770 shares of the company’s Class A Common Stock on October 19, 2026. The shares were sold at a price of $39.79 each, totaling $30,638. This transaction was executed under a Rule 10b5-1 trading plan, which Mr. Kirchhoff adopted on September 30, 2025. The stock has since climbed to $43.24, reflecting a strong 38% gain over the past six months.

Following this sale, Mr. Kirchhoff directly holds 148,151 shares of Samsara Class A Common Stock. Certain of these securities are restricted stock units (RSUs), which represent a contingent right to receive one share of Class A Common Stock, subject to their respective vesting schedules and conditions. According to InvestingPro analysis, Samsara appears overvalued at current levels, though the company turned profitable over the last twelve months with impressive gross profit margins of 76%. Investors seeking deeper insights can access a comprehensive Pro Research Report on Samsara, available for this and 1,400+ other US equities.

In other recent news, Samsara Inc. has been the subject of several positive analyst evaluations following its strong second-quarter performance. Guggenheim raised its price target for Samsara to $51, maintaining a Buy rating, highlighting the company’s impressive revenue and annual recurring revenue growth. BNP Paribas Exane also increased its price target to $55, noting the second-fastest net new annual recurring revenue growth in ten quarters and expressing confidence in Samsara’s 30% top-line growth trajectory. Evercore ISI echoed this sentiment, raising its price target to $55 and maintaining an Outperform rating, citing the company’s durable growth potential. Jefferies initiated coverage on Samsara with a Buy rating and a $50 price target, emphasizing the company’s AI-driven platform and its potential to capture a significant share of its large addressable market. Cantor Fitzgerald also initiated coverage with an overweight rating and a $45 price target, recognizing Samsara as a premier asset in industrial software. These developments underscore a growing analyst confidence in Samsara’s business model and growth prospects.