Insider Sale: CHIEF EXECUTVE OFFICER of $IOT (IOT) Sells 4,605 Shares

Sanjit Biswas, the CHIEF EXECUTVE OFFICER of $IOT ($IOT), sold 4,605 shares of the company on 01-15-2025 for an estimated $211,015. We received data on the trade from a recent SEC filing. This was a sale of approximately 6.2% of their shares of this class of stock. Following this trade, they now own 69,731 shares of this class of $IOT stock.

$IOT Insider Trading Activity

$IOT insiders have traded $IOT stock on the open market 455 times in the past 6 months. Of those trades, 0 have been purchases and 455 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 162 sales selling 3,080,095 shares for an estimated $139,360,266.
• JOHN BICKET (SEE REMARKS) has made 0 purchases and 142 sales selling 2,890,344 shares for an estimated $131,005,003.
• MARC L ANDREESSEN has made 0 purchases and 19 sales selling 442,918 shares for an estimated $20,055,588.
• PARALLEL FUND IV, L.P. AH has made 0 purchases and 19 sales selling 442,918 shares for an estimated $20,055,588.
• HOROWITZ LSV FUND I, L.P. ANDREESSEN has made 0 purchases and 19 sales selling 442,918 shares for an estimated $20,055,588.
• HOROWITZ LSV FUND III, L.P. ANDREESSEN has made 0 purchases and 19 sales selling 442,918 shares for an estimated $20,055,588.
• DOMINIC PHILLIPS (SEE REMARKS) has made 0 purchases and 19 sales selling 254,705 shares for an estimated $11,573,363.
• LARA CAIMI (PRESIDENT, WORLDWIDE FIELD OPS) has made 0 purchases and 13 sales selling 220,444 shares for an estimated $10,113,962.
• ADAM ELTOUKHY (SEE REMARKS) has made 0 purchases and 25 sales selling 193,867 shares for an estimated $8,982,705.
• JAMES ANDREW MUNK (CHIEF ACCOUNTING OFFICER) has made 0 purchases and 12 sales selling 35,843 shares for an estimated $1,654,732.
• JONATHAN CHADWICK has made 0 purchases and 4 sales selling 34,706 shares for an estimated $1,588,747.
• VENTURE VIII-B, LLC GC has made 0 purchases and 2 sales selling 23,324 shares for an estimated $1,112,197.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$IOT Hedge Fund Activity

We have seen 246 institutional investors add shares of $IOT stock to their portfolio, and 142 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• BAILLIE GIFFORD & CO added 6,411,178 shares (+23.4%) to their portfolio in Q3 2024, for an estimated $308,505,885
• BLACKROCK, INC. added 3,047,478 shares (+37.3%) to their portfolio in Q3 2024, for an estimated $146,644,641
• GENERAL CATALYST GROUP MANAGEMENT, LLC removed 3,000,000 shares (-11.4%) from their portfolio in Q3 2024, for an estimated $144,360,000
• LMDAGG, L.L.C. removed 2,194,947 shares (-74.0%) from their portfolio in Q3 2024, for an estimated $105,620,849
• ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 1,995,774 shares (+inf%) to their portfolio in Q3 2024, for an estimated $96,036,644
• LORD, ABBETT & CO. LLC added 1,777,757 shares (+1909.4%) to their portfolio in Q3 2024, for an estimated $85,545,666
• FMR LLC added 1,604,822 shares (+15.6%) to their portfolio in Q3 2024, for an estimated $77,224,034

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.