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Samsara co-founder sells a portion of his stock despite company's strong Q1 earnings.
Samsara Inc. insider Adam Eltoukhy sold a significant amount of company stock in June, reducing his ownership by 2.73%.
Samsara reported strong Q1 earnings, beating analysts' estimates with a $0.11 EPS and a 30.7% year-over-year revenue increase.
Despite the positive earnings, the company has a "Hold" rating and a target price of $50.64.
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El cofundador de Samsara vende una parte de sus acciones a pesar de las fuertes ganancias del primer trimestre.