Samsara Inc. (NYSE:IOT – Get Free Report) insider John Bicket sold 103,206 shares of the business’s stock in a transaction dated Wednesday, October 14th. The stock was sold at an average price of $41.14, for a total transaction of $4,245,894.84. Following the sale, the insider owned 180,500 shares in the company, valued at $7,425,770. This trade represents a 36.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
John Bicket also recently made the following trade(s):
- On Thursday, October 15th, John Bicket sold 65,209 shares of Samsara stock. The shares were sold at an average price of $42.27, for a total transaction of $2,756,384.43.
- On Tuesday, October 13th, John Bicket sold 95,485 shares of Samsara stock. The shares were sold at an average price of $41.87, for a total transaction of $3,997,956.95.
- On Thursday, October 1st, John Bicket sold 20,523 shares of Samsara stock. The shares were sold at an average price of $38.83, for a total transaction of $796,908.09.
- On Wednesday, September 30th, John Bicket sold 84,950 shares of Samsara stock. The stock was sold at an average price of $38.40, for a total transaction of $3,262,080.00.
- On Tuesday, September 29th, John Bicket sold 158,427 shares of Samsara stock. The stock was sold at an average price of $37.73, for a total transaction of $5,977,450.71.
- 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 value of $1,362,928.08.
- On Wednesday, August 19th, John Bicket sold 93,365 shares of Samsara stock. The shares were sold at an average price of $39.93, for a total value of $3,728,064.45.
- On Tuesday, August 18th, John Bicket sold 135,978 shares of Samsara stock. The stock was sold at an average price of $39.99, for a total value of $5,437,760.22.
- 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 value of $2,169,846.63.
- On Wednesday, August 5th, John Bicket sold 87,079 shares of Samsara stock. The stock was sold at an average price of $38.64, for a total value of $3,364,732.56.
Samsara Price Performance
IOT stock opened at $42.61 on Friday. The firm has a market capitalization of $24.95 billion, a P/E ratio of 266.32, a P/E/G ratio of 10.02 and a beta of 1.35. The business’s 50-day moving average is $39.98 and its two-hundred day moving average is $35.23. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $47.47.
Samsara (NYSE:IOT – Get Free Report) last announced its quarterly earnings data on Thursday, September 3rd. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. The business had revenue of $508.44 million during the quarter, compared to the consensus estimate of $483.29 million. Samsara had a return on equity of 4.13% and a net margin of 4.90%. The business’s revenue for the quarter was up 29.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.12 earnings per share. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. On average, analysts expect that Samsara Inc. will post 0.13 EPS for the current year.
Hedge Funds Weigh In On Samsara
Several hedge funds have recently added to or reduced their stakes in IOT. Bank of New York Mellon Corp purchased a new stake in shares of Samsara during the 2nd quarter worth approximately $35,702,000. USS Investment Management Ltd purchased a new position in shares of Samsara in the 1st quarter valued at $28,232,000. Wellington Management Group LLP raised its stake in 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 acquiring an additional 813,922 shares in the last quarter. Bank of America Corp DE raised its stake in Samsara by 41.5% during the 1st quarter. Bank of America Corp DE now owns 2,710,202 shares of the company’s stock worth $85,886,000 after acquiring an additional 794,255 shares in the last quarter. Finally, Bamco Inc. NY lifted its position 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 acquiring an additional 741,200 shares during the last quarter. 96.02% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on the stock. BTIG Research raised their price objective on shares of Samsara from $45.00 to $54.00 and gave the company a “buy” rating in a report on Friday, September 4th. Jefferies Financial Group began coverage on shares of Samsara in a research note on Sunday, October 4th. They set a “buy” rating and a $50.00 target price for the company. Cantor Fitzgerald started coverage on Samsara in a report on Monday, September 14th. They issued an “overweight” rating and a $45.00 target price on the stock. Morgan Stanley increased their target price on Samsara from $43.00 to $49.00 and gave the company an “equal weight” rating in a report on Friday, September 4th. Finally, Royal Bank Of Canada lifted their price target on Samsara from $50.00 to $55.00 and gave the stock an “outperform” rating in a report on Friday, September 4th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, Samsara currently has a consensus rating of “Moderate Buy” and an average price target of $51.68.
Check Out Our Latest Stock Analysis on Samsara
Key Samsara News
Here are the key news stories impacting Samsara this week:
- Positive Sentiment: Tracking Label wins TIME recognition: Samsara’s disposable Bluetooth Tracking Label was named one of TIME’s Best Inventions of 2026 in the Logistics category. The product provides near-real-time shipment visibility across carriers and expands Samsara’s Connected Operations platform into high-value shipments, packages and pallets. The award adds credibility to the company’s product innovation and growth prospects. Samsara Tracking Label Named to TIME’s Best Inventions of 2026
- Neutral Sentiment: Fleet-employer scholarship recipients announced: Samsara and Trucking HR Canada announced the recipients of a scholarship recognizing top fleet employers. The announcement supports Samsara’s engagement with transportation and fleet-management customers but is unlikely to materially affect near-term financial results. Samsara and Trucking HR Canada Announce Recipients of Top Fleet Employers Scholarship
- Negative Sentiment: CEO and co-founder insider sales: CEO Sanjit Biswas sold a combined 263,900 shares for approximately $11.0 million across October 13–15, reducing his reported position by about 70% from the transactions. Co-founder John Bicket sold 263,900 shares worth approximately $11.0 million over the same period, also substantially reducing his holdings. The sales could raise concerns because of their size, but all were executed under pre-arranged Rule 10b5-1 trading plans, which indicates they were scheduled in advance and does not necessarily signal deteriorating confidence in Samsara’s business. SEC insider trading filing for John Bicket
About Samsara
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.
Further Reading
- Five stocks we like better than Samsara
- ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing
- Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
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.
