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Samsara CFO sells $142K in IoT shares under pre-set trading plan

Benjamin Kirchhoff, Samsara’s chief accounting officer, disposed of 3,614 Class A shares worth $142,254 in two August transactions executed under a Rule 10b5-1 plan. Shares last traded at $39.14.

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Priya Anand · Equities & Earnings Desk · 31 Aug 2026 · 05:21 · 1 min read
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Samsara CFO sells $142K in IoT shares under pre-set trading plan

Benjamin Kirchhoff, chief accounting officer of Samsara Inc., sold 3,614 shares of the company’s Class A common stock for a total of $142,254 in two transactions executed on August 17 and 18, 2026.

The first sale involved 2,625 shares at $39.31 each, followed by 989 shares at $39.50 each the next day. Both transactions were conducted under a Rule 10b5-1 trading plan adopted by Kirchhoff on September 30, 2025. After the disposals, Kirchhoff retains 159,186 shares of Samsara Class A stock, including restricted stock units.

Samsara’s shares were trading at $39.14 at the time of the report, down from a 52-week high of $47.47. The stock has posted a six-month return of 35%, though InvestingPro assessed it as overvalued at current levels.

Analysts have adjusted price targets following Samsara’s recent user conference and Investor Day. KeyBanc raised its target to $46.00 and maintained an overweight rating, later reiterating a $41.00 target. TD Cowen lifted its target to $48.00, citing new product adoption and growth in physical AI. Piper Sandler downgraded to neutral with a $40.00 target, citing a decline in app downloads despite broader positive trends. Guggenheim initiated coverage with a buy rating and a $45.00 target, highlighting Samsara’s expansion beyond its initial regulatory focus.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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