Insider Selling: Samsara (NYSE:IOT) Insider Sells $419,762.06 in Stock

Samsara Inc. (NYSE:IOT) insider Sanjit Biswas sold 10,937 shares of the company’s stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $38.38, for a total value of $419,762.06. Following the transaction, the insider owned 298,952 shares in the company, valued at $11,473,777.76. This trade represents a 3.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Sanjit Biswas also recently made the following trade(s):

• On Tuesday, November 4th, Sanjit Biswas sold 149,063 shares of Samsara stock. The shares were sold at an average price of $38.94, for a total value of $5,804,513.22.
• On Tuesday, October 21st, Sanjit Biswas sold 160,000 shares of Samsara stock. The stock was sold at an average price of $38.63, for a total value of $6,180,800.00.
• On Tuesday, October 7th, Sanjit Biswas sold 160,000 shares of Samsara stock. The shares were sold at an average price of $38.36, for a total value of $6,137,600.00.
• On Wednesday, September 24th, Sanjit Biswas sold 26,590 shares of Samsara stock. The shares were sold at an average price of $37.60, for a total value of $999,784.00.
• On Tuesday, September 23rd, Sanjit Biswas sold 133,410 shares of Samsara stock. The stock was sold at an average price of $38.97, for a total transaction of $5,198,987.70.
• On Wednesday, September 3rd, Sanjit Biswas sold 30,145 shares of Samsara stock. The shares were sold at an average price of $35.57, for a total transaction of $1,072,257.65.
• On Tuesday, September 2nd, Sanjit Biswas sold 129,855 shares of Samsara stock. The shares were sold at an average price of $35.37, for a total transaction of $4,592,971.35.
• On Wednesday, August 20th, Sanjit Biswas sold 57,177 shares of Samsara stock. The stock was sold at an average price of $32.58, for a total transaction of $1,862,826.66.
• On Tuesday, August 19th, Sanjit Biswas sold 102,823 shares of Samsara stock. The stock was sold at an average price of $33.44, for a total transaction of $3,438,401.12.

Samsara Stock Up 2.2%

NYSE:IOT opened at $38.93 on Friday. The company has a fifty day simple moving average of $38.59 and a two-hundred day simple moving average of $39.41. The company has a market cap of $22.33 billion, a price-to-earnings ratio of -243.33 and a beta of 1.61. Samsara Inc. has a 52 week low of $31.40 and a 52 week high of $61.90.

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

Institutional Trading of Samsara

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IOT. Gerber Kawasaki Wealth & Investment Management lifted its position in shares of Samsara by 0.5% during the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 54,000 shares of the company’s stock worth $2,070,000 after buying an additional 250 shares during the last quarter. Nemes Rush Group LLC raised its stake in Samsara by 7.8% during the 1st quarter. Nemes Rush Group LLC now owns 3,597 shares of the company’s stock worth $138,000 after acquiring an additional 260 shares in the last quarter. KLP Kapitalforvaltning AS raised its stake in Samsara by 0.3% during the 3rd quarter. KLP Kapitalforvaltning AS now owns 113,900 shares of the company’s stock worth $4,243,000 after acquiring an additional 300 shares in the last quarter. Empowered Funds LLC lifted its position in Samsara by 3.4% in the first quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after acquiring an additional 335 shares during the last quarter. Finally, Blue Trust Inc. boosted its stake in Samsara by 3.8% in the third quarter. Blue Trust Inc. now owns 9,415 shares of the company’s stock valued at $351,000 after acquiring an additional 346 shares in the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Truist Financial lifted their price objective on Samsara from $35.00 to $39.00 and gave the company a “hold” rating in a research note on Friday, September 5th. Wall Street Zen downgraded shares of Samsara from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. BMO Capital Markets lowered their price target on shares of Samsara from $54.00 to $47.00 and set an “outperform” rating for the company in a report on Friday, September 5th. Zacks Research downgraded shares of Samsara from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Finally, Craig Hallum raised shares of Samsara from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $42.00 to $48.00 in a research report on Friday, September 5th. Eight research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $49.55.

Samsara Company Profile

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.