Samsara (NYSE:IOT) CEO Sanjit Biswas Sells 202,617 Shares

Samsara Inc. (NYSE:IOT) CEO Sanjit Biswas sold 202,617 shares of the stock in a transaction that occurred on Tuesday, July 21st. The stock was sold at an average price of $36.81, for a total value of $7,458,331.77. Following the completion of the transaction, the chief executive officer owned 83,400 shares of the company’s stock, valued at $3,069,954. The trade was a 70.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed 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 Wednesday, July 22nd, Sanjit Biswas sold 61,283 shares of Samsara stock. The shares were sold at an average price of $33.87, for a total value of $2,075,655.21.
• On Wednesday, July 8th, Sanjit Biswas sold 19,095 shares of Samsara stock. The shares were sold at an average price of $35.09, for a total value of $670,043.55.
• On Tuesday, July 7th, Sanjit Biswas sold 244,805 shares of Samsara stock. The stock was sold at an average price of $36.77, for a total value of $9,001,479.85.
• On Thursday, May 28th, Sanjit Biswas sold 31,081 shares of Samsara stock. The shares were sold at an average price of $31.21, for a total transaction of $970,038.01.
• On Wednesday, May 27th, Sanjit Biswas sold 128,159 shares of Samsara stock. The stock was sold at an average price of $30.03, for a total transaction of $3,848,614.77.
• On Tuesday, May 26th, Sanjit Biswas sold 104,660 shares of Samsara stock. The shares were sold at an average price of $31.10, for a total transaction of $3,254,926.00.
• On Wednesday, May 13th, Sanjit Biswas sold 95,628 shares of Samsara stock. The stock was sold at an average price of $27.47, for a total transaction of $2,626,901.16.
• On Tuesday, May 12th, Sanjit Biswas sold 168,272 shares of Samsara stock. The shares were sold at an average price of $28.58, for a total transaction of $4,809,213.76.
• On Thursday, April 30th, Sanjit Biswas sold 72,958 shares of Samsara stock. The stock was sold at an average price of $28.49, for a total value of $2,078,573.42.
• On Wednesday, April 29th, Sanjit Biswas sold 87,067 shares of Samsara stock. The shares were sold at an average price of $29.05, for a total value of $2,529,296.35.

Samsara Trading Up 6.5%

IOT opened at $37.63 on Wednesday. The firm has a market cap of $21.93 billion, a price-to-earnings ratio of 376.38, a PEG ratio of 7.93 and a beta of 1.35. The stock’s 50-day moving average price is $34.01 and its 200 day moving average price is $31.43. Samsara Inc. has a 12-month low of $23.38 and a 12-month high of $47.47.

Samsara (NYSE:IOT) last issued its quarterly earnings results on Thursday, June 4th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.04. Samsara had a net margin of 3.32% and a return on equity of 2.00%. The business had revenue of $478.84 million for the quarter, compared to analysts’ expectations of $455.21 million. During the same quarter in the prior year, the company earned $0.11 earnings per share. The business’s quarterly revenue was up 30.5% on a year-over-year basis. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. On average, research analysts forecast that Samsara Inc. will post 0.15 earnings per share for the current year.

Key Headlines Impacting Samsara

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Technical momentum improved: Samsara reclaimed its 50-day moving average, a signal that can indicate a developing short-term bullish trend. Samsara reclaimed the 50-day moving average
• Positive Sentiment: Longer-term trend turned more constructive: IOT also crossed above its 200-day moving average, a widely followed technical threshold that may attract momentum-oriented investors and suggest improving long-term sentiment. Samsara crossed the 200-day moving average
• Neutral Sentiment: Small accounting-officer sale: Chief Accounting Officer Benjamin Louis Kirchhoff sold 960 shares for approximately $36,192, reducing his holdings by 0.59%. The transaction was made under a Rule 10b5-1 plan, making it a limited signal of management’s current outlook. Kirchhoff insider sale filing
• Negative Sentiment: Large insider sales could weigh on sentiment: CEO Sanjit Biswas sold a combined 265,900 shares for about $9.53 million, while insider John Bicket sold a combined 263,900 shares for roughly $9.53 million. Each reduced ownership by about 71% in the July 21 transactions, though the sales were pre-planned under Rule 10b5-1. Additional sales the following day by both executives were smaller but add to the selling narrative. Biswas insider sale filings Bicket insider sale filings

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Piper Sandler reaffirmed an “overweight” rating and issued a $40.00 price target (up from $39.00) on shares of Samsara in a research report on Friday, June 5th. Jefferies Financial Group raised shares of Samsara to a “buy” rating in a research report on Thursday, June 11th. Wolfe Research reiterated an “outperform” rating on shares of Samsara in a research note on Thursday, June 11th. Wells Fargo & Company upped their price objective on Samsara from $46.00 to $50.00 and gave the stock an “overweight” rating in a research report on Friday, June 5th. Finally, Guggenheim initiated coverage on Samsara in a report on Wednesday, July 22nd. They issued a “buy” rating and a $45.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Samsara currently has an average rating of “Moderate Buy” and an average price target of $45.33.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Baillie Gifford & Co. grew its position in shares of Samsara by 15.0% during the fourth quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock worth $1,689,565,000 after acquiring an additional 6,208,553 shares during the last quarter. Vanguard Group Inc. boosted its stake in Samsara by 11.5% during the 4th quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock worth $1,174,620,000 after purchasing an additional 3,417,849 shares during the period. Goldman Sachs Group Inc. boosted its stake in Samsara by 58.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock worth $421,079,000 after purchasing an additional 4,401,082 shares during the period. Brown Advisory Inc. grew its position in Samsara by 42.1% during the 4th quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock worth $397,536,000 after purchasing an additional 3,322,023 shares during the last quarter. Finally, State Street Corp grew its position in Samsara by 15.8% during the 4th quarter. State Street Corp now owns 6,920,219 shares of the company’s stock worth $245,322,000 after purchasing an additional 944,485 shares during the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

About Samsara

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.