Samsara (NYSE:IOT) Director Sells 575,000 Shares

Posted by Geri Gentry on Jun 10th, 2026

Samsara Inc. (NYSE:IOT – Get Free Report) Director Marc Andreessen sold 575,000 shares of Samsara stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $34.12, for a total value of $19,619,000.00. Following the completion of the sale, the director owned 3,370,147 shares of the company’s stock, valued at $114,989,415.64. The trade was a 14.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Samsara Stock Down 3.2%

IOT traded down $1.06 during midday trading on Wednesday, hitting $32.56. 5,974,143 shares of the company traded hands, compared to its average volume of 7,512,456. The company’s 50-day moving average is $30.77 and its 200 day moving average is $32.39. The firm has a market capitalization of $18.91 billion, a PE ratio of 325.61, a price-to-earnings-growth ratio of 15.50 and a beta of 1.34. Samsara Inc. has a 52 week low of $23.38 and a 52 week high of $47.47.

Samsara (NYSE:IOT – Get Free Report) last announced its quarterly 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 2.07%. The firm had revenue of $478.84 million during the quarter, compared to analyst estimates of $455.21 million. During the same period in the previous year, the business posted $0.11 earnings per share. The business’s revenue for the quarter 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. On average, sell-side analysts predict that Samsara Inc. will post 0.08 earnings per share for the current fiscal year.

Analysts Set New Price Targets

IOT has been the topic of several research analyst reports. The Goldman Sachs Group set a $45.00 price target on Samsara in a report on Monday, March 2nd. Wells Fargo & Company lifted their price objective on Samsara from $46.00 to $50.00 and gave the stock an “overweight” rating in a report on Friday, June 5th. Truist Financial reduced their price objective on Samsara from $39.00 to $30.00 and set a “hold” rating for the company in a research report on Tuesday, February 17th. TD Cowen reissued a “buy” rating on shares of Samsara in a research report on Friday, May 22nd. Finally, Zacks Research downgraded Samsara from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $46.53.

View Our Latest Stock Analysis on IOT

Institutional Investors Weigh In On Samsara

Several hedge funds and other institutional investors have recently modified their holdings of IOT. Acumen Wealth Advisors LLC purchased a new position in Samsara during the fourth quarter valued at $28,000. Caitong International Asset Management Co. Ltd grew its stake in shares of Samsara by 312.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock valued at $31,000 after acquiring an additional 669 shares during the period. AlphaCentric Advisors LLC purchased a new position in Samsara during the fourth quarter valued at approximately $36,000. Optiver Holding B.V. boosted its position in shares of Samsara by 953.2% in the third quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock worth $44,000 after purchasing an additional 1,058 shares during the period. Finally, IFP Advisors Inc boosted its position in shares of Samsara by 194.4% in the third quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock worth $47,000 after purchasing an additional 828 shares during the period. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Samsara Company Profile

(Get Free Report)

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.