Samsara CAO Benjamin Kirchhoff sells $31,123 in stock

Benjamin Louis Kirchhoff, Chief Accounting Officer at Samsara Inc., sold 770 shares of the company's Class A Common Stock on September 18, 2026. The sale, conducted under a Rule 10b5-1 trading plan adopted in September 2025, amounted to $31,123, with each share priced at $40.42. Currently trading at $38.05, the stock has seen a decline of 11% over the past week.

Kirchhoff holds 151,086 shares of Samsara Class A Common Stock, including restricted stock units (RSUs), which grant the right to receive one share contingent upon vesting schedules and conditions. The company has shown robust financial performance, with 29.5% revenue growth and a 76% gross profit margin. Samsara's recent second-quarter fiscal 2027 results exceeded expectations, with net new annual recurring revenue reaching $134 million, a 28% increase year-over-year.

This strong performance led BofA Securities to raise its price target to $55 and maintain a Buy rating for the stock. Other analysts, including Guggenheim, Evercore ISI, BNP Paribas Exane, and Cantor Fitzgerald, have also raised their price targets for Samsara, highlighting the company's growth potential and market opportunities.