Insider Selling: Samsara (NYSE:IOT) CEO Sells $2,764,542.54 in Stock

Posted by Max Byerly on Oct 15th, 2026

Samsara Inc. (NYSE:IOT – Get Free Report) CEO Sanjit Biswas sold 65,402 shares of the firm’s stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $42.27, for a total transaction of $2,764,542.54. Following the transaction, the chief executive officer directly owned 669,835 shares in the company, valued at $28,313,925.45. The trade was a 8.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

On Wednesday, October 14th, Sanjit Biswas sold 103,110 shares of Samsara stock. The stock was sold at an average price of $41.14, for a total transaction of $4,241,945.40.
On Tuesday, October 13th, Sanjit Biswas sold 95,388 shares of Samsara stock. The stock was sold at an average price of $41.87, for a total transaction of $3,993,895.56.
On Thursday, October 1st, Sanjit Biswas sold 21,129 shares of Samsara stock. The shares were sold at an average price of $38.81, for a total transaction of $820,016.49.
On Wednesday, September 30th, Sanjit Biswas sold 84,369 shares of Samsara stock. The stock was sold at an average price of $38.40, for a total transaction of $3,239,769.60.
On Tuesday, September 29th, Sanjit Biswas sold 158,402 shares of Samsara stock. The stock was sold at an average price of $37.74, for a total value of $5,978,091.48.
On Thursday, August 20th, Sanjit Biswas sold 35,366 shares of Samsara stock. The shares were sold at an average price of $39.43, for a total value of $1,394,481.38.
On Wednesday, August 19th, Sanjit Biswas sold 93,079 shares of Samsara stock. The stock was sold at an average price of $39.94, for a total value of $3,717,575.26.
On Tuesday, August 18th, Sanjit Biswas sold 135,455 shares of Samsara stock. The shares were sold at an average price of $39.99, for a total value of $5,416,845.45.
On Thursday, August 6th, Sanjit Biswas sold 57,090 shares of Samsara stock. The stock was sold at an average price of $37.89, for a total value of $2,163,140.10.
On Wednesday, August 5th, Sanjit Biswas sold 87,333 shares of Samsara stock. The stock was sold at an average price of $38.64, for a total transaction of $3,374,547.12.

Samsara Stock Up 4.4%

IOT traded up $1.81 during trading on Thursday, hitting $42.61. 3,214,883 shares of the company traded hands, compared to its average volume of 4,813,616. The firm has a market cap of $24.95 billion, a P/E ratio of 266.32, a price-to-earnings-growth ratio of 10.02 and a beta of 1.35. The stock’s fifty day moving average is $39.89 and its 200 day moving average is $35.14. Samsara Inc. has a one year low of $23.38 and a one year high of $47.47.

Samsara (NYSE:IOT – Get Free Report) last posted its quarterly earnings data on Thursday, September 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. Samsara had a net margin of 4.90% and a return on equity of 4.13%. The business had revenue of $508.44 million during the quarter, compared to the consensus estimate of $483.29 million. During the same quarter last year, the company posted $0.12 earnings per share. The firm’s quarterly revenue was up 29.9% compared to the same quarter last year. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. On average, equities research analysts forecast that Samsara Inc. will post 0.13 EPS for the current fiscal year.

Institutional Trading of Samsara

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Markowski Investments purchased a new stake in Samsara during the 2nd quarter worth about $37,000. Parkside Financial Bank & Trust boosted its stake in Samsara by 91.0% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,377 shares of the company’s stock worth $45,000 after purchasing an additional 656 shares during the period. Anchor Investment Management LLC purchased a new position in Samsara during the 2nd quarter valued at about $46,000. CX Institutional purchased a new position in Samsara during the 2nd quarter valued at about $64,000. Finally, Westwind Capital purchased a new position in Samsara during the 3rd quarter valued at about $64,000. 96.02% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on IOT. Wells Fargo & Company lifted their target price on shares of Samsara from $50.00 to $58.00 and gave the stock an “overweight” rating in a research note on Friday, September 4th. Morgan Stanley boosted their price target on shares of Samsara from $43.00 to $49.00 and gave the company an “equal weight” rating in a research report on Friday, September 4th. Bank of America upped their price target on shares of Samsara from $47.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, September 4th. Jefferies Financial Group assumed coverage on shares of Samsara in a report on Sunday, October 4th. They issued a “buy” rating and a $50.00 price objective for the company. Finally, Piper Sandler reaffirmed a “neutral” rating and issued a $46.00 price objective (up from $40.00) on shares of Samsara in a report on Friday, September 4th. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $51.68.

Check Out Our Latest Stock Analysis on IOT

About Samsara

(Get Free Report)

Samsara Inc is a technology company that provides connected operations solutions for organizations with physical operations. Its platform combines Internet of Things (IoT) hardware, cloud-based software and data analytics to help businesses monitor vehicles, equipment, worksites and mobile workforces.

The Samsara Connected Operations Cloud includes vehicle telematics, GPS tracking, video-based safety, routing and dispatch tools, equipment monitoring, workforce and workflow management, and compliance solutions.