Reported about 8 hours ago
Samsara Inc. (NYSE:IOT) experienced a 4.55% drop in its stock price on Friday, closing at $45.10, following the sale of substantial shares by CEO Sanjit Biswas and another major shareholder, John Bicket. Biswas sold $160,000 worth of shares, while Bicket disposed of $170,000 in shares during the same period. Despite this setback, Samsara reported a 60.7% reduction in net losses for Q1 FY2026 and a year-over-year revenue increase of 30.69%. The company remains optimistic about revenue growth in the upcoming quarter and full fiscal year.
Source: YAHOO