Samsara (NYSE:IOT) Insider Sells $798,249.96 in Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 20,723 shares of the business’s stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $38.52, for a total value of $798,249.96. Following the sale, the insider owned 492,173 shares in the company, valued at $18,958,503.96. This represents a 4.04% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Tuesday, November 4th, John Bicket sold 149,277 shares of Samsara stock. The shares were sold at an average price of $38.94, for a total value of $5,812,846.38.
• 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 value 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 value of $6,519,500.00.
• On Wednesday, September 24th, John Bicket sold 36,579 shares of Samsara stock. The stock was 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 transaction 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 transaction 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 transaction 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 transaction 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 Trading Up 2.2%

Shares of Samsara stock opened at $38.93 on Friday. The company has a market cap of $22.33 billion, a P/E ratio of -243.33 and a beta of 1.61. The business has a 50-day moving average price of $38.59 and a two-hundred day moving average price of $39.41. Samsara Inc. has a 1-year low of $31.40 and a 1-year high of $61.90.

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

Analyst Ratings Changes

IOT has been the topic of a number of research reports. Wall Street Zen downgraded Samsara from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Morgan Stanley lifted their price target on shares of Samsara from $50.00 to $53.00 and gave the company an “equal weight” rating in a research report on Monday, September 8th. Piper Sandler upped their price objective 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 reiterated a “sell (d-)” rating on shares of Samsara in a report on Wednesday, October 8th. Finally, BMO Capital Markets lowered their target price on shares of Samsara from $54.00 to $47.00 and set an “outperform” rating on the stock in a report on Friday, September 5th. Eight analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $49.55.

Institutional Trading of Samsara

Several institutional investors and hedge funds have recently made changes to their positions in IOT. Vident Advisory LLC boosted its stake in Samsara by 66.2% in the first quarter. Vident Advisory LLC now owns 14,282 shares of the company’s stock worth $547,000 after buying an additional 5,691 shares in the last quarter. Teacher Retirement System of Texas bought a new stake in shares of Samsara in the 1st quarter worth approximately $1,457,000. Ontario Teachers Pension Plan Board boosted its stake in shares of Samsara by 213.4% in the 1st quarter. Ontario Teachers Pension Plan Board now owns 19,121 shares of the company’s stock valued at $733,000 after purchasing an additional 13,020 shares in the last quarter. Avantax Advisory Services Inc. bought a new position in shares of Samsara during the 1st quarter valued at $357,000. Finally, Charles Schwab Investment Management Inc. lifted its stake in Samsara by 18.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 2,229,773 shares of the company’s stock worth $85,467,000 after purchasing an additional 352,829 shares during the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

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.