Adam Eltoukhy Sells 3,653 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 3,653 shares of the business’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $34.95, for a total transaction of $127,672.35. Following the completion of the transaction, the insider owned 425,080 shares of the company’s stock, valued at $14,856,546. The trade was a 0.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Adam Eltoukhy also recently made the following trade(s):

• On Monday, July 6th, Adam Eltoukhy sold 3,653 shares of Samsara stock. The stock was sold at an average price of $37.00, for a total transaction of $135,161.00.
• On Monday, June 29th, Adam Eltoukhy sold 2,039 shares of Samsara stock. The shares were sold at an average price of $32.08, for a total transaction of $65,411.12.
• On Monday, June 22nd, Adam Eltoukhy sold 1,614 shares of Samsara stock. The shares were sold at an average price of $32.21, for a total transaction of $51,986.94.
• On Wednesday, May 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The shares were sold at an average price of $30.21, for a total transaction of $165,339.33.

Samsara Price Performance

NYSE IOT opened at $35.89 on Friday. The business has a fifty day moving average price of $34.29 and a two-hundred day moving average price of $31.48. The stock has a market capitalization of $20.91 billion, a PE ratio of 358.96, a PEG ratio of 8.70 and a beta of 1.35. Samsara Inc. has a fifty-two week low of $23.38 and a fifty-two week 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, beating the consensus estimate of $0.13 by $0.04. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The company had revenue of $478.84 million for the quarter, compared to analyst estimates of $455.21 million. During the same quarter last year, the company posted $0.11 EPS. The company’s revenue for the quarter 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. As a group, sell-side analysts expect that Samsara Inc. will post 0.15 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have commented on IOT. TD Cowen reissued a “buy” rating and set a $45.00 target price on shares of Samsara in a research note on Thursday, June 25th. Guggenheim assumed coverage on shares of Samsara in a research note on Wednesday, July 22nd. They issued a “buy” rating and a $45.00 price target on the stock. BTIG Research reaffirmed a “buy” rating and set a $45.00 price target on shares of Samsara in a report on Friday, June 26th. Morgan Stanley set a $43.00 price objective on shares of Samsara in a research report on Tuesday, July 21st. Finally, Jefferies Financial Group raised shares of Samsara to a “buy” rating in a research note on Thursday, June 11th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $45.33.

Hedge Funds Weigh In On Samsara

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Baillie Gifford & Co. lifted its holdings 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 purchasing an additional 6,208,553 shares during the period. Vanguard Group Inc. grew its stake in shares of Samsara by 11.5% in the fourth 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 last quarter. Goldman Sachs Group Inc. increased its holdings in Samsara by 58.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock valued at $421,079,000 after purchasing an additional 4,401,082 shares during the period. Brown Advisory Inc. increased its holdings in Samsara by 42.1% in the fourth quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock valued at $397,536,000 after purchasing an additional 3,322,023 shares during the period. Finally, State Street Corp raised 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. 96.02% of the stock is currently owned by institutional investors and hedge funds.

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.