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Director Jonathan Chadwick Sells 12,206 Shares of Samsara Inc (IOT)

Jonathan Chadwick, a director at Samsara Inc (NYSE:IOT), has sold 12,206 shares of the company on March 18, 2024, according to a recent SEC filing. The transaction was executed at an average price of $36.52 per share, resulting in a total value of $445,815.12.Samsara Inc (NYSE:IOT) is a company that provides solutions for the Internet of Things (IoT), offering a cloud-based platform that enables businesses to increase the efficiency, safety, and sustainability of their operations by leveraging data from connected devices.Over the past year, the insider has sold a total of 48,824 shares of Samsara Inc (NYSE:IOT) and has not made any purchases of the stock. The recent sale by Jonathan Chadwick is part of a broader trend observed within the company, where insider transactions have been predominantly sales. In the past year, there have been no insider buys and 163 insider sells.

Director Jonathan Chadwick Sells 12,206 Shares of Samsara Inc (IOT)
Director Jonathan Chadwick Sells 12,206 Shares of Samsara Inc (IOT)

On the day of the insider's recent sale, shares of Samsara Inc (NYSE:IOT) were trading at $36.52, giving the company a market capitalization of $19.879 billion.For more detailed information, the SEC filing can be accessed through the following link: SEC Filing.

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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.