Samsara Inc. (NYSE:IOT – Get Free Report) Director Marc Andreessen sold 613,660 shares of Samsara stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $32.27, for a total transaction of $19,802,808.20. Following the completion of the sale, the director directly owned 2,256,487 shares of the company’s stock, valued at approximately $72,816,835.49. This trade represents a 21.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Samsara Trading Up 4.1%
NYSE:IOT opened at $33.57 on Friday. Samsara Inc. has a 12 month low of $23.38 and a 12 month high of $47.47. The company has a market cap of $19.50 billion, a PE ratio of 335.76, a price-to-earnings-growth ratio of 7.54 and a beta of 1.34. The company has a 50 day simple moving average of $30.85 and a two-hundred day simple moving average of $32.35.
Samsara (NYSE:IOT – Get Free Report) last posted its earnings results on Thursday, June 4th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. Samsara had a net margin of 3.32% and a return on equity of 2.00%. The business had revenue of $478.84 million during the quarter, compared to the consensus estimate of $455.21 million. During the same quarter in the previous year, the firm posted $0.11 EPS. The firm’s revenue was up 30.5% on a year-over-year basis. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. Research analysts forecast that Samsara Inc. will post 0.15 earnings per share for the current year.
Institutional Investors Weigh In On Samsara
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on the stock. Royal Bank Of Canada lifted their target price on shares of Samsara from $41.00 to $42.00 and gave the stock an “outperform” rating in a research report on Friday, June 5th. Piper Sandler reaffirmed an “overweight” rating and issued a $40.00 target price (up from $39.00) on shares of Samsara in a research report on Friday, June 5th. BMO Capital Markets lifted their target price on shares of Samsara from $40.00 to $44.00 and gave the stock an “outperform” rating in a research report on Friday, March 6th. Wells Fargo & Company lifted their target price on shares of Samsara from $46.00 to $50.00 and gave the stock an “overweight” rating in a research report on Friday, June 5th. Finally, UBS Group reaffirmed a “buy” rating and issued a $48.00 target price on shares of Samsara in a research report on Friday, March 6th. One equities research 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’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $46.53.
View Our Latest Stock Analysis on IOT
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.
Featured Articles
- Five stocks we like better than Samsara
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
- The 127-Gigawatt Problem: Why AI Needs Its Own Power
Receive News & Ratings for Samsara Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Samsara and related companies with MarketBeat.com's FREE daily email newsletter.
