Samsara Inc. (NYSE:IOT – Get Free Report) insider John Bicket sold 135,978 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $39.99, for a total transaction of $5,437,760.22. Following the transaction, the insider directly owned 62,200 shares of the company’s stock, valued at $2,487,378. This represents a 68.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
John Bicket also recently made the following trade(s):
- On Thursday, August 20th, John Bicket sold 34,557 shares of Samsara stock. The shares were sold at an average price of $39.44, for a total transaction of $1,362,928.08.
- On Wednesday, August 19th, John Bicket sold 93,365 shares of Samsara stock. The stock was sold at an average price of $39.93, for a total transaction of $3,728,064.45.
- On Thursday, August 6th, John Bicket sold 57,267 shares of Samsara stock. The stock was sold at an average price of $37.89, for a total transaction of $2,169,846.63.
- On Wednesday, August 5th, John Bicket sold 87,079 shares of Samsara stock. The shares were sold at an average price of $38.64, for a total value of $3,364,732.56.
- On Tuesday, August 4th, John Bicket sold 119,554 shares of Samsara stock. The stock was sold at an average price of $38.34, for a total value of $4,583,700.36.
- On Wednesday, July 22nd, John Bicket sold 61,352 shares of Samsara stock. The shares were sold at an average price of $33.87, for a total value of $2,077,992.24.
- On Tuesday, July 21st, John Bicket sold 202,548 shares of Samsara stock. The shares were sold at an average price of $36.81, for a total value of $7,455,791.88.
- On Wednesday, July 8th, John Bicket sold 17,975 shares of Samsara stock. The stock was sold at an average price of $35.11, for a total value of $631,102.25.
- On Tuesday, July 7th, John Bicket sold 245,925 shares of Samsara stock. The stock was sold at an average price of $36.77, for a total value of $9,042,662.25.
- On Thursday, May 28th, John Bicket sold 30,345 shares of Samsara stock. The stock was sold at an average price of $31.20, for a total value of $946,764.00.
Samsara Trading Down 0.7%
NYSE:IOT opened at $38.93 on Friday. The stock has a market capitalization of $22.68 billion, a PE ratio of 389.34, a P/E/G ratio of 8.80 and a beta of 1.34. Samsara Inc. has a 1-year low of $23.38 and a 1-year high of $47.47. The firm has a fifty day simple moving average of $35.98 and a 200 day simple moving average of $32.22.
Wall Street Analyst Weigh In
A number of brokerages have weighed in on IOT. Guggenheim started coverage on Samsara in a research report on Wednesday, July 22nd. They set a “buy” rating and a $45.00 price target on the stock. Morgan Stanley set a $43.00 price objective on Samsara in a research report on Tuesday, July 21st. Wolfe Research reiterated an “outperform” rating on shares of Samsara in a research note on Thursday, June 11th. Zacks Research cut Samsara from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 5th. Finally, TD Cowen raised their price target on Samsara from $45.00 to $48.00 and gave the company a “buy” rating in a report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Samsara currently has an average rating of “Moderate Buy” and a consensus target price of $46.39.
View Our Latest Stock Analysis on Samsara
Institutional Investors Weigh In On Samsara
Institutional investors have recently made changes to their positions in the company. Acumen Wealth Advisors LLC acquired a new stake in Samsara during the 4th quarter worth approximately $28,000. Caitong International Asset Management Co. Ltd increased its position in Samsara by 312.6% during 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 period. AlphaCentric Advisors LLC bought a new position in Samsara during the 4th quarter worth $36,000. IFP Advisors Inc lifted its holdings in shares of Samsara by 194.4% during the third quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock worth $47,000 after buying an additional 828 shares in the last quarter. Finally, Los Angeles Capital Management LLC acquired a new stake in shares of Samsara during the fourth quarter worth $52,000. Institutional investors own 96.02% of the company’s stock.
Trending Headlines about Samsara
Here are the key news stories impacting Samsara this week:
- Positive Sentiment: Samsara launched a Fuel Command Center designed to help fleets monitor fuel spending and control operating costs amid volatile fuel prices. The offering could strengthen Samsara’s value proposition and support customer demand by helping businesses improve efficiency. Samsara Launches Fuel Command Center to Help Fleets Control Costs Amid Price Volatility
- Neutral Sentiment: Recent commentary noted that IOT shares rose despite a broader market decline, indicating relative strength and investor interest in the company. However, the article provided no major new earnings estimate, contract, or guidance change. Samsara Inc. Increases Despite Market Slip
- Negative Sentiment: CEO Sanjit Biswas and insider John Bicket each sold approximately 263,900 shares of Samsara stock from August 18 through August 20, with combined proceeds of roughly $21.1 million. The transactions reduce their direct holdings substantially and may concern investors because insider selling can be interpreted as limited conviction or create additional supply in the market. All of the sales were executed under pre-arranged Rule 10b5-1 trading plans, which reduces—but does not eliminate—their negative signaling effect. SEC Insider Trading Filing for John Bicket
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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