Samsara Inc. (NYSE:IOT – Get Free Report) has been given an average recommendation of “Moderate Buy” by the twenty-one research firms that are covering the company, MarketBeat.com reports. Six analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $45.7778.
Several equities research analysts recently issued reports on IOT shares. Royal Bank Of Canada lifted their price objective on shares of Samsara from $42.00 to $50.00 and gave the company an “outperform” rating in a research note on Friday. Jefferies Financial Group raised shares of Samsara to a “buy” rating in a research report on Thursday, June 11th. Wells Fargo & Company raised their target price on Samsara from $46.00 to $50.00 and gave the company an “overweight” rating in a report on Friday, June 5th. TD Cowen reaffirmed a “buy” rating and issued a $45.00 price target on shares of Samsara in a research report on Thursday, June 25th. Finally, Weiss Ratings upgraded Samsara from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, August 11th.
Get Our Latest Stock Report on IOT
Samsara Stock Performance
Samsara (NYSE:IOT – Get Free Report) last posted its earnings results on Thursday, June 4th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.13 by $0.04. Samsara had a net margin of 3.32% and a return on equity of 2.00%. The company had revenue of $478.84 million during the quarter, compared to the consensus estimate of $455.21 million. During the same period in the previous year, the firm posted $0.11 earnings per share. The company’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. On average, sell-side analysts anticipate that Samsara will post 0.15 earnings per share for the current fiscal year.
Insider Buying and Selling
In other Samsara news, insider Dominic Phillips sold 11,710 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $37.62, for a total transaction of $440,530.20. Following the completion of the sale, the insider owned 836,100 shares of the company’s stock, valued at $31,454,082. This represents a 1.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sanjit Biswas sold 57,090 shares of the company’s stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $37.89, for a total value of $2,163,140.10. Following the sale, the chief executive officer directly owned 1,143,671 shares of the company’s stock, valued at $43,333,694.19. The trade was a 4.75% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 4,476,767 shares of company stock valued at $154,220,562 in the last quarter. Company insiders own 35.13% of the company’s stock.
Institutional Trading of Samsara
Several large investors have recently modified their holdings of IOT. USS Investment Management Ltd acquired a new position in shares of Samsara in the first quarter valued at $28,232,000. Allen Operations LLC boosted its stake in Samsara by 83.3% during the fourth quarter. Allen Operations LLC now owns 66,020 shares of the company’s stock worth $2,340,000 after buying an additional 30,000 shares in the last quarter. Spyglass Capital Management LLC increased its holdings in Samsara by 25.5% in the 1st quarter. Spyglass Capital Management LLC now owns 2,946,646 shares of the company’s stock valued at $93,379,000 after buying an additional 599,651 shares during the period. Geode Capital Management LLC increased its holdings in Samsara by 17.8% in the 4th quarter. Geode Capital Management LLC now owns 6,196,703 shares of the company’s stock valued at $219,035,000 after buying an additional 935,855 shares during the period. Finally, Jordan Park Trust Co LLC raised its stake in shares of Samsara by 54.1% in the 4th quarter. Jordan Park Trust Co LLC now owns 3,833,929 shares of the company’s stock valued at $135,913,000 after buying an additional 1,346,628 shares in the last quarter. 96.02% of the stock is owned by institutional investors.
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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