Insider Cluster (3 insiders) ·Filed Apr 30, 2026
Insider cluster: 3 insiders, $4.7M total
Actionable Insight • Neutral
The selling is too small to justify a bearish read-through. Monitor upcoming earnings (expected mid-June) for any fundamental changes, but this cluster alone does not warrant action.
Final — all horizons settled through T+60d
IOT ▲ +22.96% at T+60d
NEUTRAL call ✓ call won +22.96% · α vs SPY +19.86% · entry $28.74 → $35.34
T+1d
+6.09%
call +6.09% · α +5.87%
$30.49
settled 5mo ago
T+5d
+0.63%
call +0.63% · α -1.10%
$28.92
settled 5mo ago
T+20d
+9.85%
call +9.85% · α +4.88%
$31.57
settled 4mo ago
T+60d
+22.96%
call +22.96% · α +19.86%
$35.34
settled 2mo ago
Price Chart
Loading chart...
Executive Summary
Three Samsara insiders (including CEO Sanjit Biswas) sold a combined $4.74M in stock over a 5-day window ending May 1, 2026. The total is negligible at ~0.027% of market cap ($17.7B), indicating routine portfolio management rather than a material signal.
Key Financial Metrics
Direction
selling
Total Value
$4.7M
Insiders
3
Key Facts
- CEO Sanjit Biswas sold ~$4.0M (two trades on Apr 28-30), John Bicket sold ~$6.0M (three trades Apr 28-30), Dominic Phillips sold $586K (one trade May 1).
- Total cluster value of $4.74M represents only 0.027% of IOT's $17.7B market cap.
- All transactions were open-market sales (Form 4 code S). No insider purchases were filed.
Financial Impact
Total insider sales of $4.74M, immaterial relative to $17.7B market cap.
Risk Factors
- Insider selling could accelerate if fundamental headwinds emerge, but current volume is routine.
- Historical calibration on IOT filings shows poor predictive accuracy (20% win rate at T+20).
Market Snapshot
Exchange
NYSE
Sector
Services-Computer Integrated Systems Design
Analyst Consensus
78% bullish (27 analysts)
Investment Themes
Software & IT
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-IOT-1777932880923 |
36 reports for IOT
100% Hit rate best @ T+5▲ +15.67%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 27, 2026 5w ago | Insider Cluster | $41.16 $37.96 | ▲ +7.77% | ▲ +8.28% | $41.12 (+0.10%) |
Aug 20, 2026 6w ago | Insider Cluster | $39.94 $39.55 | ▼ −0.98% | ▼ −0.70% | $41.12 (+2.95%) |
Aug 7, 2026 7w ago | 144 | $39.86 $40.15 | ▲ +0.73% | ▲ +1.64% | $41.12 (+3.16%) |
Aug 6, 2026 8w ago | Insider Cluster | $38.22 $38.75 | ▲ +1.39% | ▲ +0.79% | $41.12 (+7.59%) |
Aug 5, 2026 8w ago | Insider Cluster | $38.22 $38.75 | ▲ +1.39% | ▲ +0.79% | $41.12 (+7.59%) |
Aug 4, 2026 8w ago | 144 | $38.73 $36.79 | ▼ −5.01% | ▼ −4.41% | $41.12 (+6.17%) |
Jul 29, 2026 9w ago | Insider Cluster | $35.80 $41.87 | ▲ +16.96% | ▲ +12.99% | $41.12 (+14.86%) |
Jul 28, 2026 9w ago | 144 | $38.75 $39.84 | ▲ +2.81% | ▼ −2.21% | $41.12 (+6.12%) |
Jul 23, 2026 10w ago | Insider Cluster | $33.11 $39.94 | ▲ +20.63% | ▲ +17.00% | $41.12 (+24.19%) |
Jul 23, 2026 10w ago | Insider Cluster | $33.11 $39.94 | ▲ +20.63% | ▲ +17.00% | $41.12 (+24.19%) |
Showing 10 of 36
US Market Status
Market Closed — Opens Mon (65h 1m)
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access