Samsara (NYSE:IOT) Insider Sells $691,768.33 in Stock

Samsara Inc. (NYSE:IOT – Get Free Report) insider Dominic Phillips sold 19,547 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $35.39, for a total value of $691,768.33. Following the completion of the transaction, the insider directly owned 929,575 shares of the company’s stock, valued at $32,897,659.25. This represents a 2.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Dominic Phillips also recently made the following trade(s):

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• On Friday, May 1st, Dominic Phillips sold 19,547 shares of Samsara stock. The shares were sold at an average price of $30.00, for a total value of $586,410.00.
• On Wednesday, April 1st, Dominic Phillips sold 20,139 shares of Samsara stock. The shares were sold at an average price of $31.81, for a total value of $640,621.59.

Samsara Stock Performance

Shares of IOT opened at $32.16 on Friday. The company has a market capitalization of $18.68 billion, a P/E ratio of 321.63, a P/E/G ratio of 7.63 and a beta of 1.34. Samsara Inc. has a one year low of $23.38 and a one year high of $47.47. The stock has a 50-day moving average price of $30.82 and a 200 day moving average price of $32.34.

Samsara (NYSE:IOT – Get Free Report) last issued its quarterly earnings results on Thursday, June 4th. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The firm had revenue of $478.84 million during the quarter, compared to the consensus estimate of $455.21 million. Samsara had a return on equity of 2.00% and a net margin of 3.32%.Samsara’s revenue for the quarter was up 30.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.11 earnings per share. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. As a group, equities research analysts forecast that Samsara Inc. will post 0.15 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Wolfe Research reissued an “outperform” rating on shares of Samsara in a report on Thursday. Weiss Ratings raised Samsara from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, June 1st. Zacks Research cut Samsara from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 5th. Royal Bank Of Canada upped their price objective on Samsara from $41.00 to $42.00 and gave the company an “outperform” rating in a research note on Friday, June 5th. Finally, UBS Group restated a “buy” rating and set a $48.00 price objective on shares of Samsara in a research note on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $46.53.

Read Our Latest Report on Samsara

Institutional Trading of Samsara

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

Samsara Company Profile

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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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