Samsara (NYSE:IOT) CEO Sanjit Biswas Sells 61,283 Shares of Stock

Samsara Inc. (NYSE:IOT) CEO Sanjit Biswas sold 61,283 shares of the firm’s stock in a transaction dated Wednesday, July 22nd. The shares were sold at an average price of $33.87, for a total value of $2,075,655.21. Following the sale, the chief executive officer owned 1,351,671 shares in the company, valued at $45,781,096.77. This trade represents a 4.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, July 21st, Sanjit Biswas sold 202,617 shares of Samsara stock. The stock was sold at an average price of $36.81, for a total value of $7,458,331.77.
• 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 shares were 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 value of $970,038.01.
• On Wednesday, May 27th, Sanjit Biswas sold 128,159 shares of Samsara stock. The shares were 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 stock was 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 shares were 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 stock was 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 transaction 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 transaction of $2,529,296.35.

Samsara Trading Up 6.5%

NYSE:IOT opened at $37.63 on Wednesday. The stock has a 50 day moving average of $34.01 and a two-hundred day moving average of $31.43. Samsara Inc. has a 12 month low of $23.38 and a 12 month high of $47.47. The firm has a market cap of $21.93 billion, a P/E ratio of 376.38, a price-to-earnings-growth ratio of 7.93 and a beta of 1.35.

Samsara (NYSE:IOT) last released its earnings results on Thursday, June 4th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.04. The business had revenue of $478.84 million for the quarter, compared to the consensus estimate of $455.21 million. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The business’s quarterly revenue was up 30.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.11 earnings per share. 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.

Hedge Funds Weigh In On Samsara

Institutional investors and hedge funds have recently bought and sold shares of the company. Brighton Jones LLC acquired a new stake in shares of Samsara during the 4th quarter worth approximately $13,464,000. Royal Bank of Canada lifted its holdings in Samsara by 100.3% in the first quarter. Royal Bank of Canada now owns 96,142 shares of the company’s stock valued at $3,686,000 after acquiring an additional 48,135 shares during the last quarter. Jones Financial Companies Lllp grew its position in Samsara by 2,444.6% in the first quarter. Jones Financial Companies Lllp now owns 17,787 shares of the company’s stock worth $682,000 after acquiring an additional 17,088 shares during the period. Empowered Funds LLC increased its stake in Samsara by 3.4% during the first quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock worth $390,000 after acquiring an additional 335 shares during the last quarter. Finally, Marshall Wace LLP increased its stake in Samsara by 142.4% during the second quarter. Marshall Wace LLP now owns 68,860 shares of the company’s stock worth $2,739,000 after acquiring an additional 40,450 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Key Stories 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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley set a $43.00 target price on shares of Samsara in a report on Tuesday, July 21st. Wolfe Research reiterated an “outperform” rating on shares of Samsara in a report on Thursday, June 11th. Piper Sandler reissued an “overweight” rating and issued a $40.00 target price (up from $39.00) on shares of Samsara in a research note on Friday, June 5th. KeyCorp restated an “overweight” rating on shares of Samsara in a research report on Friday, June 26th. Finally, Zacks Research cut Samsara from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price 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.