Insider Selling: Samsara (NYSE:IOT) Director Sells 10,000 Shares of Stock

Samsara Inc. (NYSE:IOT – Get Free Report) Director Jonathan Chadwick sold 10,000 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $33.47, for a total transaction of $334,700.00. Following the sale, the director directly owned 43,865 shares of the company’s stock, valued at $1,468,161.55. The trade was a 18.56% decrease in their position. The transaction was disclosed in a legal filing 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.

Samsara Trading Down 3.2%

Samsara stock traded down $1.05 during midday trading on Wednesday, hitting $31.60. The stock had a trading volume of 6,567,392 shares, compared to its average volume of 7,461,667. The firm’s fifty day moving average is $30.89 and its two-hundred day moving average is $32.26. The company has a market capitalization of $18.35 billion, a PE ratio of 316.04, a P/E/G ratio of 7.84 and a beta of 1.34. Samsara Inc. has a 52-week low of $23.38 and a 52-week high of $47.47.

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Samsara (NYSE:IOT – Get Free Report) last issued its quarterly earnings results on Thursday, June 4th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The business had revenue of $478.84 million during the quarter, compared to analyst estimates of $455.21 million. During the same quarter in the prior year, the business posted $0.11 EPS. Samsara’s revenue for the quarter was up 30.5% compared to the same quarter last year. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. As a group, equities research analysts predict that Samsara Inc. will post 0.15 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Samsara

Several large investors have recently added to or reduced their stakes in IOT. Lazard Asset Management LLC boosted its holdings in shares of Samsara by 2.0% in the 3rd 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. Jefferies Financial Group Inc. lifted its position in Samsara by 1.6% in the third quarter. Jefferies Financial Group Inc. now owns 20,995 shares of the company’s stock worth $782,000 after buying an additional 322 shares during the last quarter. Cim LLC lifted its position in Samsara by 1.0% in the third quarter. Cim LLC now owns 32,700 shares of the company’s stock worth $1,218,000 after buying an additional 326 shares during the last quarter. Empowered Funds LLC boosted its stake in Samsara by 3.4% during the first quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock worth $390,000 after buying an additional 335 shares during the period. Finally, IFG Advisory LLC boosted its stake in Samsara by 0.8% during the fourth quarter. IFG Advisory LLC now owns 44,814 shares of the company’s stock worth $1,589,000 after buying an additional 372 shares during the period. 96.02% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on IOT shares. Wolfe Research reiterated an “outperform” rating on shares of Samsara in a research report on Thursday, June 11th. UBS Group reaffirmed a “buy” rating and set a $48.00 target price on shares of Samsara in a research note on Friday, March 6th. The Goldman Sachs Group set a $45.00 price target on shares of Samsara in a report on Monday, March 2nd. Jefferies Financial Group raised shares of Samsara to a “buy” rating in a report on Thursday, June 11th. Finally, Wells Fargo & Company raised their price objective on Samsara from $46.00 to $50.00 and gave the company an “overweight” rating in a research report on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $46.53.

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About Samsara

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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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