Insider Selling: Samsara (NYSE:IOT) Insider Sells 5,473 Shares of Stock

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 5,473 shares of the firm’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $33.31, for a total transaction of $182,305.63. Following the completion of the transaction, the insider owned 190,649 shares in the company, valued at approximately $6,350,518.19. The trade was a 2.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Adam Eltoukhy also recently made the following trade(s):

• On Friday, February 20th, Adam Eltoukhy sold 4,688 shares of Samsara stock. The stock was sold at an average price of $26.79, for a total transaction of $125,591.52.
• On Tuesday, January 20th, Adam Eltoukhy sold 4,688 shares of Samsara stock. The stock was sold at an average price of $32.54, for a total transaction of $152,547.52.

Samsara Stock Performance

IOT stock traded up $0.05 during midday trading on Monday, reaching $33.18. The company had a trading volume of 5,625,324 shares, compared to its average volume of 9,686,781. The stock has a 50 day moving average price of $29.95 and a 200 day moving average price of $35.42. Samsara Inc. has a fifty-two week low of $23.38 and a fifty-two week high of $48.40.

Samsara (NYSE:IOT) last announced its quarterly earnings results on Thursday, March 5th. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.05. Samsara had a negative return on equity of 0.72% and a negative net margin of 0.56%.The business had revenue of $444.30 million for the quarter, compared to analysts’ expectations of $422.29 million. During the same period in the prior year, the firm earned $0.11 EPS. The business’s quarterly revenue was up 28.3% on a year-over-year basis. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. As a group, analysts anticipate that Samsara Inc. will post -0.3 EPS for the current year.

Institutional Trading of Samsara

Hedge funds and other institutional investors have recently modified their holdings of the company. Acumen Wealth Advisors LLC bought a new position in Samsara during the fourth quarter valued at about $28,000. Versant Capital Management Inc boosted its position in shares of Samsara by 6,078.6% during the 3rd quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock valued at $32,000 after purchasing an additional 851 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its position in shares of Samsara by 312.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock valued at $31,000 after purchasing an additional 669 shares in the last quarter. AlphaCentric Advisors LLC acquired a new position in shares of Samsara in the 4th quarter worth approximately $36,000. Finally, Allworth Financial LP raised its holdings in shares of Samsara by 906.9% in the 2nd quarter. Allworth Financial LP now owns 1,168 shares of the company’s stock worth $46,000 after purchasing an additional 1,052 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on IOT. Bank of America increased their price objective on shares of Samsara from $53.00 to $55.00 and gave the stock a “buy” rating in a report on Friday, December 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Samsara in a research report on Thursday, January 22nd. TD Cowen reaffirmed a “buy” rating on shares of Samsara in a report on Monday, March 2nd. UBS Group reissued a “buy” rating and issued a $48.00 price objective on shares of Samsara in a report on Friday, March 6th. Finally, BMO Capital Markets raised their target price on Samsara from $40.00 to $44.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $46.18.

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.