Samsara Inc. (NYSE:IOT – Get Free Report) insider John Bicket sold 57,267 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $37.89, for a total transaction of $2,169,846.63. Following the completion of the transaction, the insider owned 1,342,795 shares of the company’s stock, valued at approximately $50,878,502.55. This trade represents a 4.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
John Bicket also recently made the following trade(s):
- On Wednesday, August 5th, John Bicket sold 87,079 shares of Samsara stock. The stock was sold at an average price of $38.64, for a total transaction of $3,364,732.56.
- On Tuesday, August 4th, John Bicket sold 119,554 shares of Samsara stock. The shares were sold at an average price of $38.34, for a total transaction of $4,583,700.36.
- On Wednesday, July 22nd, John Bicket sold 61,352 shares of Samsara stock. The stock was sold at an average price of $33.87, for a total transaction of $2,077,992.24.
- On Tuesday, July 21st, John Bicket sold 202,548 shares of Samsara stock. The stock was sold at an average price of $36.81, for a total transaction of $7,455,791.88.
- On Wednesday, July 8th, John Bicket sold 17,975 shares of Samsara stock. The stock was sold at an average price of $35.11, for a total transaction of $631,102.25.
- On Tuesday, July 7th, John Bicket sold 245,925 shares of Samsara stock. The shares were sold at an average price of $36.77, for a total value of $9,042,662.25.
- On Thursday, May 28th, John Bicket sold 30,345 shares of Samsara stock. The stock was sold at an average price of $31.20, for a total value of $946,764.00.
- On Wednesday, May 27th, John Bicket sold 129,021 shares of Samsara stock. The shares were sold at an average price of $30.02, for a total value of $3,873,210.42.
- On Tuesday, May 26th, John Bicket sold 104,534 shares of Samsara stock. The shares were sold at an average price of $31.10, for a total value of $3,251,007.40.
- On Wednesday, May 13th, John Bicket sold 95,673 shares of Samsara stock. The stock was sold at an average price of $27.47, for a total value of $2,628,137.31.
Samsara Price Performance
Shares of IOT opened at $38.21 on Friday. The business has a 50-day moving average of $35.01 and a 200-day moving average of $31.62. The company has a market capitalization of $22.26 billion, a price-to-earnings ratio of 382.12, a price-to-earnings-growth ratio of 8.70 and a beta of 1.34. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $47.47.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on IOT shares. BTIG Research reiterated a “buy” rating and set a $45.00 price objective on shares of Samsara in a research report on Friday, June 26th. Piper Sandler restated an “overweight” rating and issued a $40.00 target price (up from $39.00) on shares of Samsara in a report on Friday, June 5th. Weiss Ratings raised shares of Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Monday, June 15th. Royal Bank Of Canada increased their price target on Samsara from $41.00 to $42.00 and gave the stock an “outperform” rating in a report on Friday, June 5th. Finally, Morgan Stanley set a $43.00 price objective on Samsara in a research report on Tuesday, July 21st. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $45.33.
Read Our Latest Analysis on IOT
Institutional Trading of Samsara
Hedge funds have recently modified their holdings of the stock. Lazard Asset Management LLC grew its holdings in Samsara by 2.0% in the third quarter. Lazard Asset Management LLC now owns 13,971 shares of the company’s stock worth $520,000 after purchasing an additional 279 shares during the period. Cim LLC raised its holdings in shares of Samsara by 1.0% during the third quarter. Cim LLC now owns 32,700 shares of the company’s stock valued at $1,218,000 after purchasing an additional 326 shares during the period. Empowered Funds LLC raised its holdings in shares of Samsara by 3.4% during the first quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after purchasing an additional 335 shares during the period. IFG Advisory LLC boosted its holdings in Samsara by 0.8% in the fourth quarter. IFG Advisory LLC now owns 44,814 shares of the company’s stock worth $1,589,000 after acquiring an additional 372 shares in the last quarter. Finally, Summit Financial LLC increased its holdings in shares of Samsara by 1.4% during the fourth quarter. Summit Financial LLC now owns 29,487 shares of the company’s stock valued at $1,045,000 after acquiring an additional 419 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.
Samsara News Summary
Here are the key news stories impacting Samsara this week:
- Positive Sentiment: Samsara’s latest quarterly results exceeded expectations, with adjusted EPS of $0.17 versus the $0.13 consensus estimate and revenue of $478.84 million versus forecasts of $455.21 million. Revenue increased 30.5% year over year, supporting the company’s growth narrative.
- Positive Sentiment: Analyst sentiment remains favorable. Samsara has a consensus “Moderate Buy” rating and an average price target of $45.33. Wells Fargo raised its target to $50, while Piper Sandler increased its target to $40; BTIG also maintained a $45 target.
- Neutral Sentiment: Samsara will report second-quarter fiscal 2027 results after the market closes on September 3, 2026. The upcoming report is likely to be the next major catalyst as investors assess whether growth and profitability are tracking current guidance. Samsara earnings announcement
- Negative Sentiment: CEO Sanjit Biswas sold a combined 263,900 shares from August 4 through August 6 for approximately $10.12 million. After the transactions, his direct ownership fell to 72,800 shares, a reduction of roughly 62%.
- Negative Sentiment: Insider John Bicket also sold approximately 263,900 shares over the same period for about $10.12 million, reducing his direct holdings by roughly 62%. Dominic Phillips separately sold 29,618 shares on August 3 for approximately $1.11 million.
About Samsara
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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