Samsara (NYSE:IOT) Insider Sells $2,626,901.16 in Stock

Samsara Inc. (NYSE:IOTGet Free Report) insider Sanjit Biswas sold 95,628 shares of the company’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $27.47, for a total value of $2,626,901.16. Following the transaction, the insider directly owned 67,600 shares of the company’s stock, valued at approximately $1,856,972. This represents a 58.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

  • On Tuesday, May 12th, Sanjit Biswas sold 168,272 shares of Samsara stock. The stock was sold at an average price of $28.58, for a total value of $4,809,213.76.
  • On Thursday, April 30th, Sanjit Biswas sold 72,958 shares of Samsara stock. The shares were sold at an average price of $28.49, for a total transaction of $2,078,573.42.
  • On Wednesday, April 29th, Sanjit Biswas sold 87,067 shares of Samsara stock. The stock was sold at an average price of $29.05, for a total transaction of $2,529,296.35.
  • On Tuesday, April 28th, Sanjit Biswas sold 103,875 shares of Samsara stock. The stock was sold at an average price of $29.50, for a total transaction of $3,064,312.50.
  • On Wednesday, April 15th, Sanjit Biswas sold 96,562 shares of Samsara stock. The shares were sold at an average price of $27.98, for a total transaction of $2,701,804.76.
  • On Tuesday, April 14th, Sanjit Biswas sold 167,338 shares of Samsara stock. The shares were sold at an average price of $26.60, for a total transaction of $4,451,190.80.
  • On Thursday, April 2nd, Sanjit Biswas sold 10,381 shares of Samsara stock. The stock was sold at an average price of $30.97, for a total transaction of $321,499.57.
  • On Wednesday, April 1st, Sanjit Biswas sold 116,576 shares of Samsara stock. The shares were sold at an average price of $31.80, for a total transaction of $3,707,116.80.
  • On Tuesday, March 31st, Sanjit Biswas sold 136,943 shares of Samsara stock. The shares were sold at an average price of $31.44, for a total transaction of $4,305,487.92.
  • On Tuesday, February 17th, Sanjit Biswas sold 263,900 shares of Samsara stock. The stock was sold at an average price of $25.87, for a total value of $6,827,093.00.

Samsara Price Performance

Shares of IOT traded up $0.47 during midday trading on Thursday, reaching $27.99. 4,502,457 shares of the stock were exchanged, compared to its average volume of 7,553,471. 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 $16.25 billion, a price-to-earnings ratio of -1,398.75, a PEG ratio of 10.30 and a beta of 1.29. The business’s 50-day moving average price is $30.60 and its 200 day moving average price is $33.22.

Samsara (NYSE:IOTGet Free Report) last announced its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.05. The firm had revenue of $444.30 million during the quarter, compared to analysts’ expectations of $422.29 million. Samsara had a negative return on equity of 0.72% and a negative net margin of 0.56%.The business’s revenue was up 28.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.11 EPS. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. As a group, equities research analysts expect that Samsara Inc. will post 0.06 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

IOT has been the topic of a number of recent research reports. BMO Capital Markets lifted their target price on shares of Samsara from $40.00 to $44.00 and gave the company an “outperform” rating in a report on Friday, March 6th. Evercore reiterated an “outperform” rating on shares of Samsara in a research note on Friday, March 6th. UBS Group reissued a “buy” rating and set a $48.00 price objective on shares of Samsara in a research report on Friday, March 6th. Piper Sandler reaffirmed an “overweight” rating and issued a $39.00 target price (up from $37.00) on shares of Samsara in a report on Friday, March 6th. Finally, The Goldman Sachs Group set a $45.00 target price on shares of Samsara in a research note on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $46.18.

Get Our Latest Analysis on Samsara

Hedge Funds Weigh In On Samsara

A number of large investors have recently modified their holdings of the business. Acumen Wealth Advisors LLC purchased a new stake in shares of Samsara in the fourth quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd boosted its position in Samsara by 312.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock worth $31,000 after purchasing an additional 669 shares in the last quarter. Versant Capital Management Inc grew its stake in Samsara by 6,078.6% in the 3rd quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock valued at $32,000 after acquiring an additional 851 shares during the last quarter. AlphaCentric Advisors LLC acquired a new stake in shares of Samsara in the fourth quarter valued at approximately $36,000. Finally, Optiver Holding B.V. increased its position in Samsara by 953.2% during the third quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock worth $44,000 after buying an additional 1,058 shares in the last quarter. 96.02% of the stock is owned by hedge funds and other institutional investors.

About Samsara

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Samsara (NYSE:IOT)

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