Adam Eltoukhy Sells 2,039 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOTGet Free Report) insider Adam Eltoukhy sold 2,039 shares of the business’s stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $32.08, for a total value of $65,411.12. Following the sale, the insider owned 425,080 shares of the company’s stock, valued at approximately $13,636,566.40. This represents a 0.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Adam Eltoukhy also recently made the following trade(s):

  • On Monday, June 22nd, Adam Eltoukhy sold 1,614 shares of Samsara stock. The stock was sold at an average price of $32.21, for a total value of $51,986.94.
  • On Wednesday, May 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The stock was sold at an average price of $30.21, for a total value of $165,339.33.
  • On Monday, April 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The shares were sold at an average price of $30.68, for a total transaction of $167,911.64.

Samsara Stock Up 1.3%

IOT stock traded up $0.41 during midday trading on Tuesday, reaching $32.51. 4,105,851 shares of the company’s stock traded hands, compared to its average volume of 7,391,765. The company has a market cap of $18.94 billion, a price-to-earnings ratio of 325.13, a P/E/G ratio of 7.30 and a beta of 1.34. The firm’s fifty day moving average price is $31.40 and its 200-day moving average price is $31.68. Samsara Inc. has a 52 week low of $23.38 and a 52 week high of $47.47.

Samsara (NYSE:IOTGet Free Report) last released its quarterly earnings data on Thursday, June 4th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.04. The firm had revenue of $478.84 million for the quarter, compared to the consensus estimate of $455.21 million. Samsara had a net margin of 3.32% and a return on equity of 2.00%. The business’s revenue was up 30.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.11 earnings per share. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. Analysts forecast that Samsara Inc. will post 0.15 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on IOT. UBS Group reiterated a “buy” rating and set a $48.00 price target on shares of Samsara in a research note on Friday, March 6th. The Goldman Sachs Group set a $45.00 price objective on Samsara in a research note on Monday, March 2nd. BTIG Research reaffirmed a “buy” rating and set a $45.00 target price on shares of Samsara in a research report on Friday. Wolfe Research reiterated an “outperform” rating on shares of Samsara in a report on Thursday, June 11th. Finally, KeyCorp reissued an “overweight” rating on shares of Samsara in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Samsara presently has an average rating of “Moderate Buy” and an average price target of $45.94.

Get Our Latest Research Report on Samsara

Institutional Investors Weigh In On Samsara

Institutional investors have recently added to or reduced their stakes in the company. Acumen Wealth Advisors LLC purchased a new stake in Samsara in the 4th quarter valued at about $28,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of Samsara by 312.6% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock worth $31,000 after buying an additional 669 shares during the last quarter. AlphaCentric Advisors LLC purchased a new position in shares of Samsara in the 4th quarter worth approximately $36,000. IFP Advisors Inc grew its holdings in shares of Samsara by 194.4% in the third quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock valued at $47,000 after acquiring an additional 828 shares in the last quarter. Finally, Los Angeles Capital Management LLC bought a new position in shares of Samsara in the fourth quarter valued at approximately $52,000. 96.02% of the stock is owned by institutional investors.

About Samsara

(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.

Recommended Stories

Insider Buying and Selling by Quarter for Samsara (NYSE:IOT)

Receive News & Ratings for Samsara Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Samsara and related companies with MarketBeat.com's FREE daily email newsletter.