Samsara (NYSE:IOT) Insider Sells $2,077,992.24 in Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 61,352 shares of Samsara stock in a transaction dated Wednesday, July 22nd. The shares were sold at an average price of $33.87, for a total value of $2,077,992.24. Following the transaction, the insider directly owned 1,550,795 shares of the company’s stock, valued at $52,525,426.65. The trade was a 3.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

John Bicket also recently made the following trade(s):

• On Tuesday, July 21st, John Bicket sold 202,548 shares of Samsara stock. The stock was sold at an average price of $36.81, for a total transaction of $7,455,791.88.
• On Wednesday, July 8th, John Bicket sold 17,975 shares of Samsara stock. The shares were sold at an average price of $35.11, for a total transaction of $631,102.25.
• On Tuesday, July 7th, John Bicket sold 245,925 shares of Samsara stock. The shares were sold at an average price of $36.77, for a total transaction of $9,042,662.25.
• On Thursday, May 28th, John Bicket sold 30,345 shares of Samsara stock. The stock was sold at an average price of $31.20, for a total transaction of $946,764.00.
• On Wednesday, May 27th, John Bicket sold 129,021 shares of Samsara stock. The stock was sold at an average price of $30.02, for a total transaction of $3,873,210.42.
• On Tuesday, May 26th, John Bicket sold 104,534 shares of Samsara stock. The stock was sold at an average price of $31.10, for a total transaction of $3,251,007.40.
• On Wednesday, May 13th, John Bicket sold 95,673 shares of Samsara stock. The shares were sold at an average price of $27.47, for a total transaction of $2,628,137.31.
• On Tuesday, May 12th, John Bicket sold 168,227 shares of Samsara stock. The shares were sold at an average price of $28.58, for a total transaction of $4,807,927.66.
• On Thursday, April 30th, John Bicket sold 72,816 shares of Samsara stock. The stock was sold at an average price of $28.49, for a total transaction of $2,074,527.84.
• On Wednesday, April 29th, John Bicket sold 87,227 shares of Samsara stock. The stock was sold at an average price of $29.05, for a total value of $2,533,944.35.

Samsara Stock Performance

NYSE:IOT opened at $35.89 on Friday. Samsara Inc. has a 52-week low of $23.38 and a 52-week high of $47.47. The stock has a fifty day moving average of $34.29 and a 200 day moving average of $31.48. The firm has a market capitalization of $20.91 billion, a price-to-earnings ratio of 358.96, a P/E/G ratio of 8.70 and a beta of 1.35.

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

Institutional Investors Weigh In On Samsara

A number of institutional investors have recently made changes to their positions in IOT. Acumen Wealth Advisors LLC purchased a new position in Samsara in the 4th quarter worth $28,000. Caitong International Asset Management Co. Ltd boosted its position in Samsara by 312.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock valued at $31,000 after buying an additional 669 shares during the period. AlphaCentric Advisors LLC bought a new position in shares of Samsara during the fourth quarter valued at about $36,000. IFP Advisors Inc grew its stake in shares of Samsara by 194.4% during the third quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock valued at $47,000 after buying an additional 828 shares during the last quarter. Finally, Los Angeles Capital Management LLC purchased a new position in shares of Samsara in the fourth quarter worth about $52,000. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Wall Street Analysts Forecast Growth

IOT has been the subject of several research analyst reports. Morgan Stanley set a $43.00 target price on shares of Samsara in a research report on Tuesday, July 21st. Weiss Ratings upgraded shares of Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Monday, June 15th. TD Cowen reiterated a “buy” rating and issued a $45.00 target price on shares of Samsara in a research report on Thursday, June 25th. Guggenheim began coverage on Samsara in a research note on Wednesday, July 22nd. They issued a “buy” rating and a $45.00 target price on the stock. Finally, Royal Bank Of Canada raised their price target on Samsara from $41.00 to $42.00 and gave the company an “outperform” rating in a research report on Friday, June 5th. Two investment 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’s stock. Based on data from MarketBeat.com, Samsara currently has a consensus rating of “Moderate Buy” and an average price target of $45.33.

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.