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Caimi Lara

PRESIDENT, WORLDWIDE FIELD OPS

Director Officer
6 filings analyzed · 2 companies · Latest 2024-12-27

Companies

Company Buys Sells Direction
Samsara Inc. IOT 0 11 Net selling
Confluent, Inc. CFLT 0 2 Net selling

Activity

December 2024
2024-12-27 Samsara Inc. IOT
medium
Sell
43,070 shares
$1,964,896
Significance 5/10

President of Worldwide Field Ops sells 43,070 shares of IOT at $45.62; stock down 21.2% from 52-week high, down 17.3% in 30 days.

Caimi Lara sold 43,070 shares at $45.62 on 2024-12-23, reducing holdings by 4.4% to 931,003 shares. The sale occurs with IOT down 21.2% from its 52-week high of $56.35 and down 17.3% over the past 30 days, suggesting the insider sold into a sharp recent decline. Across his cross-ticker sell history, Lara has a 50.00% well-timed rate at the 90-day mark with an average 90d return of +3.8%, indicating mixed timing precision. However, his prior two measurable same-ticker sales (2024-09) posted negative 90-day returns (+3.5% and +6.6% at 30 days, -0.8% and -0.7% at 90 days), both well-timed against declines at the 90-day horizon. The company remains unprofitable (net income of -$37.8M on $322.0M revenue in the latest quarter) despite strong 43.6% annual revenue growth, adding fundamental uncertainty alongside the price weakness.

2024-12-18 Samsara Inc. IOT
medium
Sell
37,396 shares
$1,718,346
Significance 5/10

Caimi Lara sold 37,396 shares at blended avg $45.95; stock now $43.64, down 22.6% from 52-week high.

Caimi Lara, President of Worldwide Field Operations, executed 3 separate sales totaling 37,396 shares on 2024-12-16 for $1,718,345.54, reducing his stake to 974,073 shares. The blended average sale price of $45.95 represents a 5.3% premium to the current price of $43.64 and occurred while the stock is down 22.6% from its 52-week high of $56.35. Across his prior 5 sales at IOT, only 2 of 5 exhibited negative 90-day returns (well-timed outcomes for a seller), indicating mixed predictive timing at this specific ticker. Against broader context: the company reported a -$37,806,000 net loss on $322.0M quarterly revenue despite 43.6% annual revenue growth, signaling operational profitability challenges that may inform liquidity decisions by senior management.

2024-12-16 Confluent, Inc. CFLT
high
Sell
34,500 shares
$1,080,540
Significance 6/10

Director Caimi Lara sold 34,500 shares of CFLT at $31.32 on 2024-12-12 (-82.8% of holdings), reducing position to 7,160 shares.

Caimi Lara's sale of 34,500 shares represents a substantial reduction of his holdings in Confluent, eliminating 82.8% of his pre-transaction position while the stock trades at $31.32, near its 52-week high of $34.53. The sale occurred amid strong recent momentum—the stock is up 51.3% over the past 90 days and +16.2% over 30 days—which contrasts with his same-ticker history: his prior two sells at CFLT on 2024-03-11 posted -19.1% and -21.1% returns at the 90-day mark, both well-timed exits before declines. The company remains unprofitable with a net loss of $74.1M in the latest quarter against $250.2M in revenue, though annual revenue growth stands at 32.6%. The substantial share reduction, combined with CFLT's derivative-conversion context, warrants close attention to whether additional derivative positions exist outside the reported Table I shares.

September 2024
2024-09-18 Samsara Inc. IOT
medium
Sell
73,870 shares
$3,447,088
Significance 5/10

Caimi Lara sold 73,870 shares in 3 transactions for $3.4M at blended average $46.66 as IOT hits 52-week high.

Caimi Lara, President of Worldwide Field Ops at Samsara Inc., executed 3 separate open-market sales totaling 73,870 shares (73.9K shares) for $3,447,087.81 ($3.4M) over September 16–17, 2024, at prices ranging from $45.71 to $47.51. The stock currently trades at $47.55, at its 52-week high, having surged +17.9% over 30 days and +60.6% over 90 days. Post-transaction, Lara retains 1,019,665 shares (1.02M shares), representing a -6.8% reduction in holdings. At the same ticker (Samsara), Lara's prior two measurable sales (June 2024) preceded gains of +30.9% and +34.8% over 30 days, yet his cross-ticker track record shows only a 40.00% well-timed rate and +7.4% average 90-day return across 17 prior sells. The company posted $300.2M quarterly revenue with +43.6% annual growth, but remains unprofitable (net income -$49.6M most recent full year). The timing coincides with the stock near its peak, though without a 10b5-1 plan FLAG, observable context suggests a material liquidation near an elevated price level.

2024-09-11 Samsara Inc. IOT
high
Sell
50,404 shares
$2,260,772
Significance 6/10

Caimi Lara sells 50,404 shares (50.4K) at blended $44.85; stock up +20.6% in 30 days; prior IOT sales 100% well-timed at 90-day horizon.

Caimi Lara, President of Worldwide Field Ops, executed 2 separate sales totaling 50,404 shares for $2,260,771.50 across September 9–10, 2024, at prices ranging from $44.44 to $47.30. The sales reduced his holdings by 4.4% (from 1.15M to 1.10M shares). His prior 3 measurable same-ticker sells at IOT were all well-timed at the 90-day mark (posting declines of -24.6%, -20.5%, and -17.8%), suggesting a consistent pattern of selling near local peaks; however, the stock has already risen +20.6% in the 30 days since this filing. The company is unprofitable (net income of $-49.6M on latest quarter revenue of $300.2M) but growing revenue at +43.6% annually, creating tension between operational results and growth trajectory. The timing and sustainability of gains following this sale remain uncertain.

June 2024
2024-06-20 Samsara Inc. IOT
high
Sell
37,938 shares
$1,046,768
Significance 6/10

President Caimi Lara sells 37.9K shares of Samsara (IOT) for $1.0M; stock now -27.7% in 30 days, -20.2% in 90 days from transaction.

Caimi Lara, President of Worldwide Field Operations, executed 2 separate sales totaling 37,938 shares for $1,046,768.50 on 2024-06-17, reducing holdings by 3.2% to 1,151,447 shares. The sales occurred at a blended average price of $27.59, while the stock now trades at $29.60, representing a gain from transaction price but a decline of 27.7% over the subsequent 30 days and 20.2% over 90 days from the sale date. His prior trades at IOT show a strong pattern: 3 of 4 measurable prior sales at this ticker posted negative 90-day returns, indicating well-timed exits before declines. Meanwhile, the company faces fundamental headwinds—despite 43.6% annual revenue growth to $280.7M, it is unprofitable with net income of $-56.3M, suggesting that even aggressive top-line expansion has not yet reached sustainable profitability. The combination of a president-level insider's continued disciplined selling pattern at this ticker and the company's negative earnings backdrop warrants close monitoring of near-term guidance and cash-flow indicators.

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