Samsara Inc. (NYSE:IOT – Get Free Report) insider John Bicket sold 42,507 shares of the business’s stock in a transaction dated Thursday, October 29th. The stock was sold at an average price of $41.58, for a total transaction of $1,767,441.06. Following the sale, the insider owned 561,398 shares in the company, valued at $23,342,928.84. This trade represents a 7.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
John Bicket also recently made the following trade(s):
- On Wednesday, October 28th, John Bicket sold 107,729 shares of Samsara stock. The shares were sold at an average price of $42.97, for a total transaction of $4,629,115.13.
- On Tuesday, October 27th, John Bicket sold 113,664 shares of Samsara stock. The shares were sold at an average price of $43.38, for a total transaction of $4,930,744.32.
- On Thursday, October 15th, John Bicket sold 65,209 shares of Samsara stock. The shares were sold at an average price of $42.27, for a total transaction of $2,756,384.43.
- On Wednesday, October 14th, John Bicket sold 103,206 shares of Samsara stock. The stock was sold at an average price of $41.14, for a total transaction of $4,245,894.84.
- On Tuesday, October 13th, John Bicket sold 95,485 shares of Samsara stock. The stock was sold at an average price of $41.87, for a total value of $3,997,956.95.
- On Thursday, October 1st, John Bicket sold 20,523 shares of Samsara stock. The shares were sold at an average price of $38.83, for a total value of $796,908.09.
- On Wednesday, September 30th, John Bicket sold 84,950 shares of Samsara stock. The shares were sold at an average price of $38.40, for a total transaction of $3,262,080.00.
- On Tuesday, September 29th, John Bicket sold 158,427 shares of Samsara stock. The shares were sold at an average price of $37.73, for a total transaction of $5,977,450.71.
- On Thursday, August 20th, John Bicket sold 34,557 shares of Samsara stock. The stock was sold at an average price of $39.44, for a total value of $1,362,928.08.
- On Wednesday, August 19th, John Bicket sold 93,365 shares of Samsara stock. The stock was sold at an average price of $39.93, for a total value of $3,728,064.45.
Samsara Stock Performance
IOT opened at $42.07 on Friday. Samsara Inc. has a one year low of $23.38 and a one year high of $47.47. The company has a market cap of $24.64 billion, a P/E ratio of 262.94, a PEG ratio of 10.23 and a beta of 1.35. The business’s 50-day simple moving average is $40.59 and its 200-day simple moving average is $34.31.
Samsara (NYSE:IOT – Get Free Report) last posted its earnings results on Thursday, September 3rd. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.04. The firm had revenue of $508.44 million during the quarter, compared to analysts’ expectations of $483.29 million. Samsara had a return on equity of 4.13% and a net margin of 4.90%. The firm’s revenue was up 29.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.12 earnings per share. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. As a group, analysts predict that Samsara Inc. will post 0.13 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on IOT. Truist Financial boosted their price objective on shares of Samsara from $38.00 to $48.00 and gave the stock a “hold” rating in a research report on Friday, September 4th. Bank of America increased their target price on shares of Samsara from $47.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, September 4th. Jefferies Financial Group initiated coverage on shares of Samsara in a research note on Sunday, October 4th. They set a “buy” rating and a $50.00 price target on the stock. BTIG Research boosted their price target on shares of Samsara from $45.00 to $54.00 and gave the company a “buy” rating in a research report on Friday, September 4th. Finally, Guggenheim upped their price objective on shares of Samsara from $45.00 to $51.00 and gave the company a “buy” rating in a research note on Friday, September 4th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $51.68.
Get Our Latest Stock Report on Samsara
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Rakuten Investment Management Inc. boosted its holdings in shares of Samsara by 15.7% in the third quarter. Rakuten Investment Management Inc. now owns 23,310 shares of the company’s stock valued at $885,000 after acquiring an additional 3,171 shares during the period. Provenance Wealth Advisors LLC purchased a new position in shares of Samsara during the third quarter worth approximately $258,000. Aware Super Pty Ltd as trustee of Aware Super purchased a new position in shares of Samsara during the third quarter worth approximately $572,000. Gerber Kawasaki Wealth & Investment Management increased its holdings in shares of Samsara by 5.9% in the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 21,278 shares of the company’s stock valued at $811,000 after acquiring an additional 1,186 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich increased its holdings in shares of Samsara by 99.7% in the 3rd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 11,178 shares of the company’s stock valued at $426,000 after acquiring an additional 5,580 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.
Trending Headlines about Samsara
Here are the key news stories impacting Samsara this week:
- Positive Sentiment: Analysts remain constructive after Samsara’s latest quarterly results topped expectations, with revenue rising 29.9% year over year and EPS exceeding consensus. The average analyst price target is approximately $51.68, above the recent trading range. Samsara Just Answered the AI Question
- Positive Sentiment: Institutional ownership remains high at roughly 96%, and several funds recently increased their positions, including Wellington Management, Bank of America and First Trust Advisors. This suggests continued professional-investor interest in Samsara’s connected-operations and fleet-management growth story. Samsara Shows What Happens When Fundamentals Beat Fear
- Neutral Sentiment: Samsara and Together for Safer Roads launched a fleet-safety program for community food banks. The initiative may enhance the company’s brand and social-impact profile, but it is unlikely to materially affect near-term revenue or earnings. Together for Safer Roads and Samsara Launch Fleet Safety Program
- Negative Sentiment: CEO Sanjit Biswas sold 263,900 shares from October 27–29, while co-founder John Bicket sold another 263,900 shares over the same period. Insider Adam Eltoukhy also sold 7,306 shares. The combined sales represent roughly $23 million of stock and create a meaningful supply and confidence overhang, even though scheduled 10b5-1 plans reduce the signal that the sales reflect deteriorating business expectations. Samsara Insider Selling Alert
- Negative Sentiment: Samsara’s valuation remains demanding, with a price-to-earnings ratio above 260 and a PEG ratio above 10. That leaves IOT particularly sensitive to profit-taking, insider sales and any slowdown in its high-growth outlook. Samsara Falls More Steeply Than Broader Market
Samsara Company Profile
Samsara, Inc is a technology company that provides connected operations solutions for organizations with physical operations. Its Samsara Connected Operations Cloud combines Internet of Things (IoT) hardware, cloud-based software and data analytics to help businesses monitor vehicles, equipment, facilities and frontline operations.
The company’s products and services include vehicle telematics, GPS fleet tracking, AI-enabled dash cameras and video-based safety tools, equipment and asset monitoring, electronic logging and compliance solutions, routing and dispatch software, and maintenance and workforce-management applications.
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