Insider Selling: Samsara (NYSE:IOT) CEO Sells 95,388 Shares of Company Stock

Posted by Francis Steltz on Oct 15th, 2026

Samsara Inc. (NYSE:IOT – Get Free Report) CEO Sanjit Biswas sold 95,388 shares of the company’s stock in a transaction on Tuesday, October 13th. The shares were sold at an average price of $41.87, for a total transaction of $3,993,895.56. Following the completion of the transaction, the chief executive officer owned 41,000 shares in the company, valued at approximately $1,716,670. This represents a 69.94% decrease in their ownership of the stock. The transaction was disclosed in a legal 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.

Sanjit Biswas also recently made the following trade(s):

On Thursday, October 15th, Sanjit Biswas sold 65,402 shares of Samsara stock. The shares were sold at an average price of $42.27, for a total transaction of $2,764,542.54.
On Wednesday, October 14th, Sanjit Biswas sold 103,110 shares of Samsara stock. The stock was sold at an average price of $41.14, for a total transaction of $4,241,945.40.
On Thursday, October 1st, Sanjit Biswas sold 21,129 shares of Samsara stock. The stock was sold at an average price of $38.81, for a total transaction of $820,016.49.
On Wednesday, September 30th, Sanjit Biswas sold 84,369 shares of Samsara stock. The stock was sold at an average price of $38.40, for a total transaction of $3,239,769.60.
On Tuesday, September 29th, Sanjit Biswas sold 158,402 shares of Samsara stock. The shares were sold at an average price of $37.74, for a total transaction of $5,978,091.48.
On Thursday, August 20th, Sanjit Biswas sold 35,366 shares of Samsara stock. The shares were sold at an average price of $39.43, for a total transaction of $1,394,481.38.
On Wednesday, August 19th, Sanjit Biswas sold 93,079 shares of Samsara stock. The shares were sold at an average price of $39.94, for a total transaction of $3,717,575.26.
On Tuesday, August 18th, Sanjit Biswas sold 135,455 shares of Samsara stock. The stock was sold at an average price of $39.99, for a total transaction of $5,416,845.45.
On Thursday, August 6th, Sanjit Biswas sold 57,090 shares of Samsara stock. The stock was sold at an average price of $37.89, for a total value of $2,163,140.10.
On Wednesday, August 5th, Sanjit Biswas sold 87,333 shares of Samsara stock. The shares were sold at an average price of $38.64, for a total value of $3,374,547.12.

Samsara Stock Up 4.4%

Shares of Samsara stock traded up $1.81 on Thursday, hitting $42.61. The stock had a trading volume of 3,214,883 shares, compared to its average volume of 4,813,616. The stock has a market cap of $24.95 billion, a price-to-earnings ratio of 266.32, a price-to-earnings-growth ratio of 10.02 and a beta of 1.35. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $47.47. The business’s 50 day moving average is $39.89 and its two-hundred day moving average is $35.14.

Samsara (NYSE:IOT – Get Free Report) last released its quarterly earnings results on Thursday, September 3rd. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.04. The business had revenue of $508.44 million during the quarter, compared to analysts’ expectations of $483.29 million. Samsara had a return on equity of 4.13% and a net margin of 4.90%. The firm’s revenue for the quarter was up 29.9% compared to the same quarter last year. During the same period last year, the firm posted $0.12 EPS. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. As a group, equities analysts predict that Samsara Inc. will post 0.13 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Samsara

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Wellington Management Group LLP grew its holdings in shares of Samsara by 9.6% during the 2nd quarter. Wellington Management Group LLP now owns 9,327,606 shares of the company’s stock worth $302,494,000 after purchasing an additional 813,922 shares in the last quarter. Bamco Inc. NY raised its stake in Samsara by 21.9% in the fourth quarter. Bamco Inc. NY now owns 4,120,031 shares of the company’s stock valued at $146,055,000 after purchasing an additional 741,200 shares in the last quarter. Spyglass Capital Management LLC raised its stake in Samsara by 4.7% in the second quarter. Spyglass Capital Management LLC now owns 3,085,655 shares of the company’s stock valued at $100,068,000 after purchasing an additional 139,009 shares in the last quarter. Bank of America Corp DE lifted its position in Samsara by 41.5% during the first quarter. Bank of America Corp DE now owns 2,710,202 shares of the company’s stock worth $85,886,000 after purchasing an additional 794,255 shares during the period. Finally, Bessemer Group Inc. lifted its position in Samsara by 3.3% during the first quarter. Bessemer Group Inc. now owns 1,675,509 shares of the company’s stock worth $53,097,000 after purchasing an additional 53,576 shares during the period. 96.02% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Jefferies Financial Group assumed coverage on Samsara in a report on Sunday, October 4th. They set a “buy” rating and a $50.00 target price for the company. TD Cowen raised their price target on shares of Samsara from $48.00 to $53.00 and gave the stock a “buy” rating in a research report on Friday, September 4th. Cantor Fitzgerald started coverage on shares of Samsara in a research note on Monday, September 14th. They issued an “overweight” rating and a $45.00 price objective for the company. Wall Street Zen upgraded shares of Samsara from a “hold” rating to a “buy” rating in a research report on Saturday, September 12th. Finally, BTIG Research increased their target price on shares of Samsara from $45.00 to $54.00 and gave the stock a “buy” rating in a research report on Friday, September 4th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Samsara currently has a consensus rating of “Moderate Buy” and an average price target of $51.68.

Check Out Our Latest Research Report on Samsara

Samsara Company Profile

(Get Free Report)

Samsara Inc is a technology company that provides connected operations solutions for organizations with physical operations. Its platform combines Internet of Things (IoT) hardware, cloud-based software and data analytics to help businesses monitor vehicles, equipment, worksites and mobile workforces.

The Samsara Connected Operations Cloud includes vehicle telematics, GPS tracking, video-based safety, routing and dispatch tools, equipment monitoring, workforce and workflow management, and compliance solutions.