Samsara (NYSE:IOT) CEO Sanjit Biswas Sells 95,388 Shares of Company Stock

Posted by Ethan Ryder on Oct 16th, 2026

Samsara Inc. (NYSE:IOT – Get Free Report) CEO Sanjit Biswas sold 95,388 shares of the firm’s stock in a transaction dated Tuesday, October 13th. The shares were sold at an average price of $41.87, for a total transaction of $3,993,895.56. Following the transaction, the chief executive officer owned 41,000 shares of the company’s stock, valued at $1,716,670. This trade represents a 69.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

On Thursday, October 15th, Sanjit Biswas sold 65,402 shares of Samsara stock. The stock was sold at an average price of $42.27, for a total transaction of $2,764,542.54.
On Wednesday, October 14th, Sanjit Biswas sold 103,110 shares of Samsara stock. The shares were sold at an average price of $41.14, for a total transaction of $4,241,945.40.
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 shares were 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 transaction of $5,978,091.48.
On Thursday, August 20th, Sanjit Biswas sold 35,366 shares of Samsara stock. The stock was sold at an average price of $39.43, for a total transaction 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 stock was 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 shares were 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 shares were sold at an average price of $38.64, for a total value of $3,374,547.12.

Samsara Stock Performance

Shares of NYSE:IOT opened at $42.61 on Friday. The business’s fifty day moving average price is $39.98 and its two-hundred day moving average price is $35.23. The stock has a market cap of $24.95 billion, a PE ratio of 266.32, a price-to-earnings-growth ratio of 10.02 and a beta of 1.35. 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 released its quarterly earnings results on Thursday, September 3rd. The company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. Samsara had a return on equity of 4.13% and a net margin of 4.90%. The company had revenue of $508.44 million during the quarter, compared to analysts’ expectations of $483.29 million. During the same period in the previous year, the firm posted $0.12 earnings per share. The business’s revenue for the quarter 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. As a group, equities research analysts predict that Samsara Inc. will post 0.13 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

IOT has been the subject of several analyst reports. Morgan Stanley boosted their target price on shares of Samsara from $43.00 to $49.00 and gave the company an “equal weight” rating in a research note on Friday, September 4th. BNP Paribas Exane raised their price target on shares of Samsara from $40.00 to $55.00 and gave the stock an “outperform” rating in a research note on Friday, September 4th. Wells Fargo & Company lifted their price target on shares of Samsara from $50.00 to $58.00 and gave the stock an “overweight” rating in a report on Friday, September 4th. KeyCorp lifted their price target on shares of Samsara from $46.00 to $55.00 and gave the stock an “overweight” rating in a report on Friday, September 4th. Finally, Craig Hallum reissued a “buy” rating and issued a $54.00 price objective on shares of Samsara in a research report on Friday, September 4th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Samsara currently has a consensus rating of “Moderate Buy” and a consensus price target of $51.68.

Read Our Latest Report on IOT

Key Stories Impacting Samsara

Here are the key news stories impacting Samsara this week:

Positive Sentiment: Tracking Label wins TIME recognition: Samsara’s disposable Bluetooth Tracking Label was named one of TIME’s Best Inventions of 2026 in the Logistics category. The product provides near-real-time shipment visibility across carriers and expands Samsara’s Connected Operations platform into high-value shipments, packages and pallets. The award adds credibility to the company’s product innovation and growth prospects. Samsara Tracking Label Named to TIME’s Best Inventions of 2026
Neutral Sentiment: Fleet-employer scholarship recipients announced: Samsara and Trucking HR Canada announced the recipients of a scholarship recognizing top fleet employers. The announcement supports Samsara’s engagement with transportation and fleet-management customers but is unlikely to materially affect near-term financial results. Samsara and Trucking HR Canada Announce Recipients of Top Fleet Employers Scholarship
Negative Sentiment: CEO and co-founder insider sales: CEO Sanjit Biswas sold a combined 263,900 shares for approximately $11.0 million across October 13–15, reducing his reported position by about 70% from the transactions. Co-founder John Bicket sold 263,900 shares worth approximately $11.0 million over the same period, also substantially reducing his holdings. The sales could raise concerns because of their size, but all were executed under pre-arranged Rule 10b5-1 trading plans, which indicates they were scheduled in advance and does not necessarily signal deteriorating confidence in Samsara’s business. SEC insider trading filing for John Bicket

Institutional Trading of Samsara

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Bank of New York Mellon Corp purchased a new position in shares of Samsara in the 2nd quarter worth $35,702,000. USS Investment Management Ltd purchased a new stake in Samsara during the first quarter valued at about $28,232,000. Wellington Management Group LLP grew its position in Samsara by 9.6% during the second quarter. Wellington Management Group LLP now owns 9,327,606 shares of the company’s stock valued at $302,494,000 after acquiring an additional 813,922 shares during the period. Bank of America Corp DE grew its position in Samsara by 41.5% during the first quarter. Bank of America Corp DE now owns 2,710,202 shares of the company’s stock valued at $85,886,000 after acquiring an additional 794,255 shares during the period. Finally, Bamco Inc. NY increased its stake in Samsara by 21.9% during the fourth quarter. Bamco Inc. NY now owns 4,120,031 shares of the company’s stock worth $146,055,000 after acquiring an additional 741,200 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Samsara Company Profile

(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.