Insider Selling: Samsara (NYSE:IOT) Insider Sells 19,547 Shares of Stock

Samsara Inc. (NYSE:IOT) insider Dominic Phillips sold 19,547 shares of Samsara stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $30.00, for a total value of $586,410.00. Following the sale, the insider directly owned 462,801 shares of the company’s stock, valued at approximately $13,884,030. This represents a 4.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Dominic Phillips also recently made the following trade(s):

• On Wednesday, April 1st, Dominic Phillips sold 20,139 shares of Samsara stock. The stock was sold at an average price of $31.81, for a total value of $640,621.59.
• On Thursday, March 5th, Dominic Phillips sold 17,808 shares of Samsara stock. The stock was sold at an average price of $30.00, for a total value of $534,240.00.

Samsara Price Performance

IOT traded up $0.11 on Monday, reaching $30.60. 3,831,893 shares of the stock were exchanged, compared to its average volume of 7,816,071. The company’s 50-day moving average price is $30.36 and its 200 day moving average price is $33.65. Samsara Inc. has a fifty-two week low of $23.38 and a fifty-two week high of $48.40. The firm has a market capitalization of $17.77 billion, a PE ratio of -1,529.24, a PEG ratio of 11.18 and a beta of 1.29.

Samsara (NYSE:IOT) last issued its quarterly earnings data on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.05. The business had revenue of $444.30 million during the quarter, compared to analysts’ expectations of $422.29 million. Samsara had a negative return on equity of 0.72% and a negative net margin of 0.56%.The company’s revenue for the quarter was up 28.3% on a year-over-year basis. During the same quarter in the previous 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. As a group, equities analysts forecast that Samsara Inc. will post 0.06 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Samsara

Several institutional investors and hedge funds have recently modified their holdings of the business. Archer Investment Corp purchased a new position in shares of Samsara in the 1st quarter valued at about $236,000. Principal Financial Group Inc. increased its stake in shares of Samsara by 119.7% in the 1st quarter. Principal Financial Group Inc. now owns 14,185 shares of the company’s stock valued at $450,000 after purchasing an additional 7,727 shares in the last quarter. Teachers Retirement System of The State of Kentucky increased its stake in shares of Samsara by 0.9% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 283,944 shares of the company’s stock valued at $8,998,000 after purchasing an additional 2,400 shares in the last quarter. International Assets Investment Management LLC increased its stake in shares of Samsara by 444.3% in the 1st quarter. International Assets Investment Management LLC now owns 2,961 shares of the company’s stock valued at $94,000 after purchasing an additional 2,417 shares in the last quarter. Finally, Fifth Third Bancorp increased its stake in shares of Samsara by 226.3% in the 1st quarter. Fifth Third Bancorp now owns 54,335 shares of the company’s stock valued at $1,722,000 after purchasing an additional 37,683 shares in the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Wells Fargo & Company boosted their price objective on Samsara from $43.00 to $46.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Samsara in a report on Thursday, January 22nd. Piper Sandler reissued an “overweight” rating and issued a $39.00 price objective (up from $37.00) on shares of Samsara in a report on Friday, March 6th. BMO Capital Markets raised their price target on shares of Samsara from $40.00 to $44.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. Finally, UBS Group restated a “buy” rating and set a $48.00 price target on shares of Samsara in a research report on Friday, March 6th. Two equities research 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price 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.