Insider Selling: Samsara (NYSE:IOT) Insider Sells $5,812,846.38 in Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 149,277 shares of Samsara stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $38.94, for a total transaction of $5,812,846.38. Following the completion of the transaction, the insider owned 24,000 shares of the company’s stock, valued at $934,560. The trade was a 86.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

John Bicket also recently made the following trade(s):

• On Wednesday, November 5th, John Bicket sold 20,723 shares of Samsara stock. The shares were sold at an average price of $38.52, for a total transaction of $798,249.96.
• On Tuesday, October 21st, John Bicket sold 170,000 shares of Samsara stock. The stock was sold at an average price of $38.66, for a total transaction of $6,572,200.00.
• On Tuesday, October 7th, John Bicket sold 170,000 shares of Samsara stock. The shares were sold at an average price of $38.35, for a total transaction of $6,519,500.00.
• On Wednesday, September 24th, John Bicket sold 36,579 shares of Samsara stock. The shares were sold at an average price of $37.50, for a total transaction of $1,371,712.50.
• On Tuesday, September 23rd, John Bicket sold 133,421 shares of Samsara stock. The stock was sold at an average price of $38.97, for a total value of $5,199,416.37.
• On Wednesday, September 3rd, John Bicket sold 40,320 shares of Samsara stock. The shares were sold at an average price of $35.61, for a total value of $1,435,795.20.
• On Tuesday, September 2nd, John Bicket sold 129,680 shares of Samsara stock. The shares were sold at an average price of $35.37, for a total value of $4,586,781.60.
• On Wednesday, August 20th, John Bicket sold 67,349 shares of Samsara stock. The stock was sold at an average price of $32.64, for a total value of $2,198,271.36.
• On Tuesday, August 19th, John Bicket sold 102,651 shares of Samsara stock. The shares were sold at an average price of $33.44, for a total value of $3,432,649.44.

Samsara Stock Up 2.2%

Shares of IOT opened at $38.93 on Friday. Samsara Inc. has a twelve month low of $31.40 and a twelve month high of $61.90. The stock has a market cap of $22.33 billion, a PE ratio of -243.33 and a beta of 1.61. The business’s 50-day moving average price is $38.59 and its 200-day moving average price is $39.41.

Samsara (NYSE:IOT) last issued its quarterly earnings data on Thursday, September 4th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.07 by $0.05. The company had revenue of $391.48 million during the quarter, compared to analysts’ expectations of $372.22 million. Samsara had a negative net margin of 6.16% and a negative return on equity of 7.53%. Samsara’s revenue for the quarter was up 30.4% on a year-over-year basis. During the same quarter in the previous year, the company 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. Analysts expect that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently weighed in on IOT. Piper Sandler upped their price target on shares of Samsara from $47.00 to $48.00 and gave the stock an “overweight” rating in a report on Friday, September 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Samsara in a research note on Wednesday, October 8th. Wall Street Zen cut Samsara from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Royal Bank Of Canada boosted their price objective on Samsara from $44.00 to $46.00 and gave the stock an “outperform” rating in a report on Friday, September 5th. Finally, Zacks Research cut shares of Samsara from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Eight research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $49.55.

Institutional Trading of Samsara

A number of hedge funds have recently bought and sold shares of IOT. NewEdge Wealth LLC grew its position in Samsara by 30.8% during the third quarter. NewEdge Wealth LLC now owns 18,592 shares of the company’s stock valued at $720,000 after acquiring an additional 4,373 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Samsara by 6.9% in the 3rd quarter. Vanguard Group Inc. now owns 29,716,700 shares of the company’s stock valued at $1,106,947,000 after purchasing an additional 1,913,474 shares in the last quarter. Fifth Third Bancorp boosted its stake in shares of Samsara by 1,137.3% in the 3rd quarter. Fifth Third Bancorp now owns 11,198 shares of the company’s stock valued at $417,000 after purchasing an additional 10,293 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Samsara by 20.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,664,688 shares of the company’s stock valued at $62,010,000 after purchasing an additional 284,174 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D raised its position in Samsara by 4.1% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 99,168 shares of the company’s stock worth $3,694,000 after purchasing an additional 3,951 shares during the period. Institutional investors own 96.02% of the company’s stock.

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.