Samsara Inc. (NYSE:IOT – Get Free Report) CAO Benjamin Louis Kirchhoff sold 960 shares of the stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $37.70, for a total transaction of $36,192.00. Following the sale, the chief accounting officer directly owned 162,800 shares in the company, valued at approximately $6,137,560. The trade was a 0.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Benjamin Louis Kirchhoff also recently made the following trade(s):
- On Monday, June 15th, Benjamin Louis Kirchhoff sold 2,549 shares of Samsara stock. The shares were sold at an average price of $33.74, for a total value of $86,003.26.
- On Wednesday, May 13th, Benjamin Louis Kirchhoff sold 2,554 shares of Samsara stock. The shares were sold at an average price of $27.47, for a total value of $70,158.38.
Samsara Price Performance
NYSE IOT traded up $2.35 during trading hours on Tuesday, reaching $37.69. The company’s stock had a trading volume of 2,008,286 shares, compared to its average volume of 7,110,682. The firm has a market capitalization of $21.96 billion, a price-to-earnings ratio of 376.40, a P/E/G ratio of 7.43 and a beta of 1.35. Samsara Inc. has a 1-year low of $23.38 and a 1-year high of $47.47. The company’s 50-day moving average is $33.87 and its two-hundred day moving average is $31.42.
Samsara News Roundup
Here are the key news stories impacting Samsara this week:
- Positive Sentiment: Samsara recently moved above its 200-day moving average, a widely watched technical level that can attract momentum-oriented investors and suggest a shift toward a longer-term bullish trend. Samsara Crossed Above the 200-Day Moving Average
- Positive Sentiment: The stock also reclaimed its 50-day moving average, indicating that near-term buying momentum has improved and that prior resistance may now act as support. Samsara Reclaimed the 50-Day Moving Average
Analysts Set New Price Targets
Several brokerages recently commented on IOT. Guggenheim started coverage on shares of Samsara in a report on Wednesday, July 22nd. They issued a “buy” rating and a $45.00 price target for the company. TD Cowen reaffirmed a “buy” rating and set a $45.00 price objective on shares of Samsara in a report on Thursday, June 25th. KeyCorp reiterated an “overweight” rating on shares of Samsara in a research report on Friday, June 26th. Wolfe Research reissued an “outperform” rating on shares of Samsara in a research note on Thursday, June 11th. Finally, Morgan Stanley set a $43.00 price target on shares of Samsara in a research report on Tuesday, July 21st. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $45.33.
View Our Latest Analysis on IOT
Institutional Investors Weigh In On Samsara
Hedge funds have recently modified their holdings of the business. Acumen Wealth Advisors LLC acquired a new position in Samsara during the fourth quarter worth about $28,000. Caitong International Asset Management Co. Ltd lifted its stake in 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 purchasing an additional 669 shares in the last quarter. AlphaCentric Advisors LLC purchased a new position in Samsara in the 4th quarter worth approximately $36,000. IFP Advisors Inc boosted its holdings in shares of Samsara by 194.4% during the 3rd 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 last quarter. Finally, Los Angeles Capital Management LLC purchased a new stake in shares of Samsara in the fourth quarter valued at approximately $52,000. 96.02% of the stock is currently owned by institutional investors and hedge funds.
Samsara Company Profile
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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