Benjamin Louis Kirchhoff Sells 2,480 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOT) CAO Benjamin Louis Kirchhoff sold 2,480 shares of the firm’s stock in a transaction on Monday, April 13th. The stock was sold at an average price of $26.02, for a total transaction of $64,529.60. Following the completion of the sale, the chief accounting officer owned 114,258 shares in the company, valued at $2,972,993.16. This represents a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, February 17th, Benjamin Louis Kirchhoff sold 1,731 shares of Samsara stock. The shares were sold at an average price of $26.64, for a total transaction of $46,113.84.
• On Thursday, January 15th, Benjamin Louis Kirchhoff sold 1,683 shares of Samsara stock. The shares were sold at an average price of $34.53, for a total transaction of $58,113.99.

Samsara Trading Down 0.3%

IOT stock traded down $0.08 during trading on Tuesday, reaching $26.51. 5,864,507 shares of the stock were exchanged, compared to its average volume of 8,218,118. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $48.40. The company has a market capitalization of $15.39 billion, a P/E ratio of -1,324.84, a price-to-earnings-growth ratio of 9.48 and a beta of 1.50. The stock has a 50 day simple moving average of $29.51 and a 200-day simple moving average of $34.45.

Samsara (NYSE:IOT) last posted its quarterly earnings results on Thursday, March 5th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.13 by $0.05. Samsara had a negative return on equity of 0.72% and a negative net margin of 0.56%.The firm had revenue of $444.30 million during the quarter, compared to analysts’ expectations of $422.29 million. During the same quarter in the prior year, the firm posted $0.11 EPS. The company’s revenue for the quarter was up 28.3% on a year-over-year basis. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. Equities analysts predict that Samsara Inc. will post -0.3 EPS for the current year.

Hedge Funds Weigh In On Samsara

Several institutional investors have recently bought and sold shares of the business. Baillie Gifford & Co. boosted its stake in Samsara by 15.0% in the fourth quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock worth $1,689,565,000 after purchasing an additional 6,208,553 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Samsara by 11.5% in the fourth quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock valued at $1,174,620,000 after buying an additional 3,417,849 shares in the last quarter. Sands Capital Management LLC raised its holdings in shares of Samsara by 6.4% in the third quarter. Sands Capital Management LLC now owns 20,518,332 shares of the company’s stock valued at $764,308,000 after buying an additional 1,242,122 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Samsara by 58.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock valued at $421,079,000 after buying an additional 4,401,082 shares during the last quarter. Finally, Brown Advisory Inc. lifted its position in Samsara by 42.1% during the 4th quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock worth $397,536,000 after buying an additional 3,322,023 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.

Analyst Ratings Changes

IOT has been the subject of several research reports. TD Cowen reaffirmed a “buy” rating on shares of Samsara in a research report on Monday, March 2nd. BNP Paribas Exane raised shares of Samsara from a “neutral” rating to an “outperform” rating and set a $40.00 price target on the stock in a report on Thursday, January 15th. Piper Sandler restated an “overweight” rating and issued a $39.00 price objective (up from $37.00) on shares of Samsara in a research note on Friday, March 6th. Evercore reaffirmed an “outperform” rating on shares of Samsara in a report on Friday, March 6th. Finally, BMO Capital Markets upped their target price on shares of Samsara from $40.00 to $44.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Samsara currently has a consensus rating of “Moderate Buy” and an average target price of $46.18.

Samsara Company Profile

Samsara develops an industrial Internet of Things (IoT) platform designed to help organizations monitor, manage, and optimize physical operations. The company combines connected hardware — including telematics devices, GPS trackers, dash cameras, and environmental sensors — with cloud-based software to provide real-time visibility into vehicles, mobile equipment, and fixed assets. Its software offers tools for fleet management, driver and worker safety, asset tracking, compliance (including electronic logging), maintenance scheduling, and operational analytics.

The Samsara platform emphasizes integration of live data streams with analytics and workflow features to drive efficiency and safety across industries that rely on dispersed equipment and mobile workforces.