Adam Eltoukhy, the SEE REMARKS of $IOT, sold 10,843 shares of the company on 03-20-2025 for an estimated $430,796. We received data on the trade from a recent SEC filing. This was a sale of approximately 3.8% of their shares of this class of stock. Following this trade, they now own 272,422 shares of this class of $IOT stock.
$IOT Insider Trading Activity
$IOT insiders have traded $IOT stock on the open market 504 times in the past 6 months. Of those trades, 0 have been purchases and 504 have been sales.
Here’s a breakdown of recent trading of $IOT stock by insiders over the last 6 months:
- SANJIT BISWAS (CHIEF EXECUTVE OFFICER) has made 0 purchases and 199 sales selling 3,056,000 shares for an estimated $145,434,836.
- JOHN BICKET (SEE REMARKS) has made 0 purchases and 173 sales selling 2,856,000 shares for an estimated $136,719,863.
- MARC L ANDREESSEN has made 0 purchases and 12 sales selling 405,311 shares for an estimated $15,174,988.
- PARALLEL FUND IV, L.P. AH has made 0 purchases and 12 sales selling 405,311 shares for an estimated $15,174,988.
- HOROWITZ LSV FUND I, L.P. ANDREESSEN has made 0 purchases and 12 sales selling 405,311 shares for an estimated $15,174,988.
- HOROWITZ LSV FUND III, L.P. ANDREESSEN has made 0 purchases and 12 sales selling 405,311 shares for an estimated $15,174,988.
- ADAM ELTOUKHY (SEE REMARKS) has made 0 purchases and 40 sales selling 244,812 shares for an estimated $11,138,032.
- DOMINIC PHILLIPS (SEE REMARKS) has made 0 purchases and 18 sales selling 242,817 shares for an estimated $10,686,181.
- LARA CAIMI (SEE REMARKS) has made 0 purchases and 10 sales selling 94,229 shares for an estimated $4,247,127.
- JONATHAN CHADWICK has made 0 purchases and 3 sales selling 45,000 shares for an estimated $1,891,893.
- JAMES ANDREW MUNK (CHIEF ACCOUNTING OFFICER) has made 0 purchases and 13 sales selling 31,703 shares for an estimated $1,351,430.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$IOT Hedge Fund Activity
We have seen 254 institutional investors add shares of $IOT stock to their portfolio, and 183 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MORGAN STANLEY added 6,370,631 shares (+40.2%) to their portfolio in Q4 2024, for an estimated $278,332,868
- GENERAL CATALYST GROUP MANAGEMENT, LLC removed 5,854,823 shares (-25.1%) from their portfolio in Q4 2024, for an estimated $255,797,216
- FMR LLC added 2,852,575 shares (+24.0%) to their portfolio in Q4 2024, for an estimated $124,629,001
- SANDS CAPITAL MANAGEMENT, LLC added 2,154,027 shares (+26.2%) to their portfolio in Q4 2024, for an estimated $94,109,439
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 2,148,081 shares (+107.6%) to their portfolio in Q4 2024, for an estimated $93,849,658
- NORGES BANK added 2,113,826 shares (+663.4%) to their portfolio in Q4 2024, for an estimated $92,353,057
- UBS GROUP AG added 1,507,420 shares (+438.4%) to their portfolio in Q4 2024, for an estimated $65,859,179
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$IOT Analyst Ratings
Wall Street analysts have issued reports on $IOT in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- BMO Capital issued a "Outperform" rating on 03/10/2025
- Piper Sandler issued a "Overweight" rating on 03/10/2025
- Cowen & Co. issued a "Buy" rating on 03/07/2025
- Loop Capital Markets issued a "Buy" rating on 12/05/2024
To track analyst ratings and price targets for $IOT, check out Quiver Quantitative's $IOT forecast page.
$IOT Price Targets
Multiple analysts have issued price targets for $IOT recently. We have seen 8 analysts offer price targets for $IOT in the last 6 months, with a median target of $50.5.
Here are some recent targets:
- Daniel Jester from BMO Capital set a target price of $48.0 on 03/10/2025
- An analyst from Piper Sandler set a target price of $50.0 on 03/09/2025
- An analyst from Truist Financial set a target price of $42.0 on 03/07/2025
- An analyst from RBC Capital set a target price of $54.0 on 03/07/2025
- An analyst from Wells Fargo set a target price of $51.0 on 03/07/2025
- Nay Soe Naing from Berenberg Bank set a target price of $57.0 on 02/03/2025
- Mark Schappel from Loop Capital Markets set a target price of $63.0 on 12/05/2024
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
