Insider Selling: Samsara (NYSE:IOT) Insider Sells 116,576 Shares of Stock

Samsara Inc. (NYSE:IOT) insider Sanjit Biswas sold 116,576 shares of Samsara stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $31.80, for a total transaction of $3,707,116.80. Following the transaction, the insider owned 203,500 shares in the company, valued at approximately $6,471,300. This trade represents a 36.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Thursday, April 2nd, Sanjit Biswas sold 10,381 shares of Samsara stock. The stock was sold at an average price of $30.97, for a total transaction of $321,499.57.
• On Tuesday, March 31st, Sanjit Biswas sold 136,943 shares of Samsara stock. The stock was sold at an average price of $31.44, for a total value of $4,305,487.92.
• On Tuesday, February 17th, Sanjit Biswas sold 263,900 shares of Samsara stock. The shares were sold at an average price of $25.87, for a total value of $6,827,093.00.
• On Wednesday, February 4th, Sanjit Biswas sold 208,081 shares of Samsara stock. The shares were sold at an average price of $25.19, for a total value of $5,241,560.39.
• On Tuesday, February 3rd, Sanjit Biswas sold 55,819 shares of Samsara stock. The stock was sold at an average price of $25.23, for a total value of $1,408,313.37.
• On Tuesday, January 20th, Sanjit Biswas sold 263,900 shares of Samsara stock. The stock was sold at an average price of $32.43, for a total value of $8,558,277.00.
• On Tuesday, January 6th, Sanjit Biswas sold 263,900 shares of Samsara stock. The shares were sold at an average price of $34.40, for a total value of $9,078,160.00.

Samsara Stock Up 1.1%

NYSE IOT traded up $0.37 during trading hours on Thursday, reaching $32.21. The company’s stock had a trading volume of 3,901,725 shares, compared to its average volume of 8,431,085. The firm’s 50-day moving average price is $29.63 and its 200-day moving average price is $35.03. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $48.40. The company has a market capitalization of $18.70 billion, a price-to-earnings ratio of -1,609.45, a PEG ratio of 11.62 and a beta of 1.49.

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

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on IOT shares. BTIG Research reduced their price target on shares of Samsara from $55.00 to $45.00 and set a “buy” rating on the stock in a report on Friday, March 6th. Royal Bank Of Canada raised their price objective on Samsara from $35.00 to $41.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. UBS Group reaffirmed a “buy” rating and issued a $48.00 target price on shares of Samsara in a report on Friday, March 6th. Evercore reiterated an “outperform” rating on shares of Samsara in a research report on Friday, March 6th. Finally, Truist Financial dropped their price target on Samsara from $39.00 to $30.00 and set a “hold” rating for the company in a research note on Tuesday, February 17th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $46.18.

Hedge Funds Weigh In On Samsara

Institutional investors have recently bought and sold shares of the business. Acumen Wealth Advisors LLC purchased a new position in shares of Samsara in the 4th quarter worth $28,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of Samsara by 312.6% in 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 last quarter. Versant Capital Management Inc raised 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 buying an additional 851 shares in the last quarter. AlphaCentric Advisors LLC bought a new position in shares of Samsara in the 4th quarter valued at about $36,000. Finally, Optiver Holding B.V. lifted its holdings in shares of Samsara by 953.2% in the 3rd quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock valued at $44,000 after acquiring an additional 1,058 shares during the last quarter. Institutional investors own 96.02% of the company’s stock.

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.