On September 16, 2024, Jonathan Chadwick, Director at Samsara Inc (IOT, Financial), executed a sale of 12,206 shares of the company. The transaction was filed on September 18, 2024, as reported in the SEC Filing. Following this transaction, the insider now owns 418,579 shares of Samsara Inc.
Samsara Inc (IOT, Financial) is a company that provides solutions in the Internet of Things (IoT) space, focusing on connected operations. The company's technology integrates software with sensor data to help businesses improve their operations by increasing safety, efficiency, and sustainability.
Over the past year, Jonathan Chadwick has sold a total of 61,030 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend observed within the company, where there have been 177 insider sells and no insider buys over the past year.
Shares of Samsara Inc were trading at $46.54 on the day of the transaction. The company has a market cap of approximately $26.45 billion. According to the GF Value, the intrinsic value estimate for Samsara Inc is $34.67 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 1.34.
The GF Value is determined by considering historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This sale by the insider at Samsara Inc aligns with the ongoing trend of insider sales within the company, suggesting a consistent pattern of behavior among the company's insiders over the past year.
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.
