Samsara (NYSE:IOT) Insider Sells $6,137,600.00 in Stock

Samsara Inc. (NYSE:IOT) insider Sanjit Biswas sold 160,000 shares of the business’s stock in a transaction dated Tuesday, October 7th. The stock was sold at an average price of $38.36, for a total transaction of $6,137,600.00. Following the sale, the insider directly owned 36,000 shares in the company, valued at $1,380,960. This trade represents a 81.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Wednesday, September 24th, Sanjit Biswas sold 26,590 shares of Samsara stock. The shares were sold at an average price of $37.60, for a total transaction of $999,784.00.
• On Tuesday, September 23rd, Sanjit Biswas sold 133,410 shares of Samsara stock. The shares were sold at an average price of $38.97, for a total transaction of $5,198,987.70.
• On Wednesday, September 3rd, Sanjit Biswas sold 30,145 shares of Samsara stock. The shares were sold at an average price of $35.57, for a total transaction of $1,072,257.65.
• On Tuesday, September 2nd, Sanjit Biswas sold 129,855 shares of Samsara stock. The shares were sold at an average price of $35.37, for a total transaction of $4,592,971.35.
• On Wednesday, August 20th, Sanjit Biswas sold 57,177 shares of Samsara stock. The shares were sold at an average price of $32.58, for a total transaction of $1,862,826.66.
• On Tuesday, August 19th, Sanjit Biswas sold 102,823 shares of Samsara stock. The shares were sold at an average price of $33.44, for a total transaction of $3,438,401.12.
• On Wednesday, August 6th, Sanjit Biswas sold 27,602 shares of Samsara stock. The shares were sold at an average price of $36.20, for a total transaction of $999,192.40.
• On Tuesday, August 5th, Sanjit Biswas sold 132,398 shares of Samsara stock. The shares were sold at an average price of $36.23, for a total transaction of $4,796,779.54.
• On Wednesday, July 23rd, Sanjit Biswas sold 35,842 shares of Samsara stock. The shares were sold at an average price of $38.63, for a total transaction of $1,384,576.46.
• On Tuesday, July 22nd, Sanjit Biswas sold 124,158 shares of Samsara stock. The shares were sold at an average price of $37.88, for a total transaction of $4,703,105.04.

Samsara Stock Down 7.8%

Samsara stock opened at $36.96 on Friday. The stock has a market cap of $21.20 billion, a P/E ratio of -230.98 and a beta of 1.60. Samsara Inc. has a twelve month low of $31.40 and a twelve month high of $61.90. The company’s 50-day moving average price is $36.88 and its two-hundred day moving average price is $39.18.

Samsara (NYSE:IOT) last released its quarterly earnings results on Thursday, September 4th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.05. The firm had revenue of $391.48 million for the quarter, compared to analysts’ expectations of $372.22 million. Samsara had a negative net margin of 6.16% and a negative return on equity of 7.53%. The business’s revenue was up 30.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.05 EPS. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. Equities analysts anticipate that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have weighed in on IOT. Weiss Ratings reissued a “sell (d-)” rating on shares of Samsara in a report on Wednesday. Wall Street Zen cut shares of Samsara from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Craig Hallum raised shares of Samsara from a “hold” rating to a “buy” rating and increased their price target for the company from $42.00 to $48.00 in a report on Friday, September 5th. Royal Bank Of Canada increased their target price on shares of Samsara from $44.00 to $46.00 and gave the stock an “outperform” rating in a research report on Friday, September 5th. Finally, BMO Capital Markets decreased their target price on shares of Samsara from $54.00 to $47.00 and set an “outperform” rating on the stock in a research report on Friday, September 5th. Eight research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Samsara has an average rating of “Hold” and an average target price of $49.55.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in IOT. Keystone Financial Group Inc. boosted its position in shares of Samsara by 300.0% during the 1st quarter. Keystone Financial Group Inc. now owns 600 shares of the company’s stock worth $25,000 after acquiring an additional 450 shares in the last quarter. Catalyst Capital Advisors LLC acquired a new stake in shares of Samsara during the 2nd quarter worth approximately $28,000. CWM LLC boosted its position in shares of Samsara by 385.3% during the 1st quarter. CWM LLC now owns 1,053 shares of the company’s stock worth $40,000 after acquiring an additional 836 shares in the last quarter. AlphaQuest LLC boosted its position in shares of Samsara by 519.6% during the 1st quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock worth $40,000 after acquiring an additional 873 shares in the last quarter. Finally, Family Legacy Financial Solutions LLC acquired a new stake in shares of Samsara during the 2nd quarter worth approximately $40,000. Institutional investors and hedge funds own 96.02% of the company’s stock.

Samsara Company Profile

Samsara Inc provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.