IOT Samsara Inc.
Price Chart
Executive Summary
Two top insiders at Samsara (CEO Sanjit Biswas and executive John Bicket) sold a combined $5.5M in open-market shares over three days (May 26-28), with the CEO alone selling $2.7M. The cluster is 100% sells, with no insider buying to offset. At $20.4B market cap, the total represents ~0.027% — well below the 0.1% materiality threshold — making this a routine, non-informative cluster by dollar magnitude. The historical calibration for this ticker shows negative average call P&L at T+20 (-3.07%) and a 40% win rate, suggesting prior directional calls have underperformed; combined with the trivial dollar amount, this cluster warrants a neutral read.
Key Financial Metrics
Actionable Insight
The dollar amount is too small relative to market cap to signal material non-public information. CEO selling alongside another top executive is notable for pattern but not actionable at this scale. Monitor for any 8-K or earnings pre-announcement in the next 2-4 weeks; if no news emerges, this cluster is noise.
Key Facts
- CEO Sanjit Biswas sold $2.7M worth of shares across three days (May 26-28) at ~$29.72-$30.40
- Executive John Bicket sold $2.7M across the same three days at similar prices
- Total cluster value: ~$5.5M, representing ~0.027% of Samsara's $20.4B market cap
- No insider purchases in the cluster — 100% open-market sells
- All sells are open-market (code S); no 10b5-1 plan indicated in the filing
- The cluster is below the 0.1% market cap threshold for materiality
- Historical calibration for IOT shows negative average T+20 alpha (-6.70% vs SPY) and 40% win rate on prior reports
Financial Impact
Total insider sales of ~$5.5M, or 0.027% of market cap — trivial relative to company size
Risk Factors
- CEO and top executive selling simultaneously could signal caution ahead of Q1 FY2027 earnings (expected late June)
- No 10b5-1 plan disclosed — sales are discretionary, increasing information-signal risk if a material event follows
- Historical calibration shows negative average T+20 alpha on prior IOT reports, suggesting the stock has underperformed following similar filings
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-IOT-1780346317193 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 15, 2026
1d ago
|
144
| $33.56 awaiting T+1 | awaiting T+1 | — | $32.65 (−2.70%) |
|
Jun 12, 2026
4d ago
|
Insider Cluster
| $33.54 $32.65 | ▼ −2.65% | ▼ −2.06% | $32.65 (−2.65%) |
|
Jun 8, 2026
8d ago
|
144
| $33.62 $32.64 | ▼ −2.91% | ▼ −1.34% | $32.65 (−2.89%) |
|
Jun 4, 2026
12d ago
|
8-K
| $34.80 $34.06 | ▼ −2.13% | ▼ −2.35% | $32.65 (−6.18%) |
|
Jun 1, 2026
15d ago
|
DEFA14A
| $37.36 $36.34 | ▼ −2.73% | ▼ −2.01% | $32.65 (−12.61%) |
|
May 28, 2026
19d ago
|
Insider Cluster
| $34.99 $38.55 | ▲ +10.17% | ▲ +9.90% | $32.65 (−6.69%) |
|
May 28, 2026
19d ago
|
Insider Cluster
| $34.99 $38.55 | ▲ +10.17% | ▲ +9.90% | $32.65 (−6.69%) |
|
May 21, 2026
26d ago
|
Insider Cluster
| $31.15 $31.16 | ▲ +0.03% | ▼ −0.55% | $32.65 (+4.82%) |
|
Apr 30, 2026
6w ago
|
Insider Cluster
| $28.74 $30.49 | ▲ +6.09% | ▲ +5.87% | $32.65 (+13.60%) |
|
Apr 28, 2026
7w ago
|
Insider Cluster
| $29.33 $29.37 | ▲ +0.14% | ▲ +0.15% | $32.65 (+11.32%) |
US Market Status
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