Insider Sell: Samsara Inc (IOT) Executive Lara Caimi Disposes of 19,379 Shares
Lara Caimi, President of Worldwide Field Operations at Samsara Inc (NYSE:IOT), sold 19,379 shares of the company on March 26, 2024, according to a recent SEC filing. The transaction was executed at an average price of $39 per share, resulting in a total value of $755,781.
Samsara Inc (NYSE:IOT) is a company that provides solutions for the Internet of Things (IoT), including hardware, software, and cloud services that enable the deployment of connected operations. The company's technology is used across various industries for applications such as vehicle telematics, driver safety, mobile workflow, compliance, asset tracking, and industrial process controls.
Over the past year, Lara Caimi has sold a total of 221,608 shares of Samsara Inc (NYSE:IOT) and has not made any purchases of the stock. The insider's recent sale further aligns with the overall trend observed within the company, where there have been 169 insider sells and no insider buys over the past year.
On the day of the insider's recent sale, shares of Samsara Inc (NYSE:IOT) were trading at $39, giving the company a market capitalization of $20.804 billion.
The insider transaction history for Samsara Inc (NYSE:IOT) indicates a pattern of insider sales over the past year, which may be of interest to investors and analysts monitoring the company's stock performance and insider behaviors.
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