Benjamin Louis Kirchhoff Sells 4,933 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOT) CAO Benjamin Louis Kirchhoff sold 4,933 shares of the company’s stock in a transaction on Monday, September 29th. The shares were sold at an average price of $37.47, for a total value of $184,839.51. Following the completion of the transaction, the chief accounting officer directly owned 100,585 shares in the company, valued at approximately $3,768,919.95. This represents a 4.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Benjamin Louis Kirchhoff also recently made the following trade(s):

• On Wednesday, September 10th, Benjamin Louis Kirchhoff sold 1,772 shares of Samsara stock. The shares were sold at an average price of $38.13, for a total value of $67,566.36.

Samsara Price Performance

Shares of NYSE IOT opened at $38.11 on Thursday. The stock’s fifty day moving average price is $36.76 and its two-hundred day moving average price is $39.24. Samsara Inc. has a one year low of $31.40 and a one year high of $61.90. The firm has a market cap of $21.86 billion, a price-to-earnings ratio of -238.20 and a beta of 1.60.

Samsara (NYSE:IOT) last released its earnings results on Thursday, September 4th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.05. The company had revenue of $391.48 million for the quarter, compared to analyst estimates of $372.22 million. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.Samsara’s quarterly revenue was up 30.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.05 EPS. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. On average, equities analysts anticipate that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Morgan Stanley increased their target price on Samsara from $50.00 to $53.00 and gave the stock an “equal weight” rating in a report on Monday, September 8th. Zacks Research lowered Samsara from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. BMO Capital Markets reduced their target price on Samsara from $54.00 to $47.00 and set an “outperform” rating on the stock in a report on Friday, September 5th. Craig Hallum raised Samsara from a “hold” rating to a “buy” rating and increased their target price for the stock from $42.00 to $48.00 in a report on Friday, September 5th. Finally, Royal Bank Of Canada raised their price objective on Samsara from $44.00 to $46.00 and gave the company an “outperform” rating in a research note on Friday, September 5th. Nine equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $49.77.

Institutional Trading of Samsara

Several large investors have recently bought and sold shares of IOT. Brighton Jones LLC acquired a new stake in Samsara in the fourth quarter valued at about $13,464,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Samsara in the fourth quarter valued at about $1,100,000. Wealth Enhancement Advisory Services LLC raised its position in Samsara by 18.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 16,089 shares of the company’s stock valued at $703,000 after purchasing an additional 2,539 shares during the last quarter. Wellington Management Group LLP raised its position in Samsara by 7.3% in the fourth quarter. Wellington Management Group LLP now owns 8,538 shares of the company’s stock valued at $373,000 after purchasing an additional 579 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in Samsara by 33,119.7% in the first quarter. GAMMA Investing LLC now owns 21,925 shares of the company’s stock valued at $840,000 after purchasing an additional 21,859 shares during the last quarter. 96.02% of the stock is owned by institutional investors and hedge funds.

About Samsara

Samsara Inc provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.