Insider Selling: Samsara (NYSE:IOT) Director Sells $334,700.00 in Stock

Samsara Inc. (NYSE:IOT) Director Jonathan Chadwick sold 10,000 shares of Samsara stock in a transaction on Monday, June 15th. The shares were sold at an average price of $33.47, for a total value of $334,700.00. Following the completion of the transaction, the director owned 43,865 shares of the company’s stock, valued at approximately $1,468,161.55. This trade represents a 18.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Samsara Price Performance

Shares of NYSE IOT opened at $31.73 on Friday. The stock’s 50-day moving average is $30.96 and its two-hundred day moving average is $32.17. Samsara Inc. has a 1-year low of $23.38 and a 1-year high of $47.47. The company has a market cap of $18.49 billion, a price-to-earnings ratio of 317.34, a price-to-earnings-growth ratio of 7.40 and a beta of 1.34.

Samsara (NYSE:IOT) last posted its quarterly earnings results on Thursday, June 4th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The company had revenue of $478.84 million for the quarter, compared to analyst estimates of $455.21 million. Samsara had a return on equity of 2.00% and a net margin of 3.32%.Samsara’s revenue for the quarter was up 30.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.11 EPS. 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 research analysts anticipate that Samsara Inc. will post 0.15 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Samsara

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Acumen Wealth Advisors LLC purchased a new stake in shares of Samsara during the 4th quarter worth approximately $28,000. Caitong International Asset Management Co. Ltd grew its position 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 valued at $31,000 after buying an additional 669 shares during the last quarter. AlphaCentric Advisors LLC purchased a new position in shares of Samsara in the 4th quarter valued at $36,000. Optiver Holding B.V. raised its stake in Samsara by 953.2% during the 3rd quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock worth $44,000 after acquiring an additional 1,058 shares in the last quarter. Finally, IFP Advisors Inc lifted its position in Samsara by 194.4% in the third quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock valued at $47,000 after acquiring an additional 828 shares during the last quarter. 96.02% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. BMO Capital Markets lifted their price target on shares of Samsara from $40.00 to $44.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. KeyCorp increased their price objective on shares of Samsara from $40.00 to $41.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. TD Cowen restated a “buy” rating on shares of Samsara in a report on Friday, May 22nd. Wolfe Research reaffirmed an “outperform” rating on shares of Samsara in a research report on Thursday, June 11th. Finally, The Goldman Sachs Group set a $45.00 target price on shares of Samsara in a research note on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $46.53.

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.