Samsara (NYSE:IOT) Stock: Insider Adam Eltoukhy Sells 7,306 Shares

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 7,306 shares of Samsara stock in a transaction dated Monday, October 26th. The stock was sold at an average price of $44.49, for a total transaction of $325,043.94. Following the transaction, the insider owned 381,854 shares of the company’s stock, valued at approximately $16,988,684.46. The trade was a 1.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, September 25th, Adam Eltoukhy sold 7,306 shares of Samsara stock. The shares were sold at an average price of $39.07, for a total transaction of $285,445.42.
• On Tuesday, August 25th, Adam Eltoukhy sold 6,876 shares of Samsara stock. The shares were sold at an average price of $39.82, for a total transaction of $273,802.32.

Samsara Price Performance

IOT stock opened at $41.51 on Friday. The company’s 50 day simple moving average is $40.53 and its 200-day simple moving average is $34.26. Samsara Inc. has a 12 month low of $23.38 and a 12 month high of $47.47. The firm has a market capitalization of $24.31 billion, a PE ratio of 259.41, a P/E/G ratio of 10.56 and a beta of 1.35.

Samsara (NYSE:IOT) last issued its quarterly earnings data on Thursday, September 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.04. Samsara had a return on equity of 4.13% and a net margin of 4.90%. The firm had revenue of $508.44 million during the quarter, compared to the consensus estimate of $483.29 million. During the same period in the previous year, the firm posted $0.12 EPS. The company’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. As a group, sell-side analysts anticipate that Samsara Inc. will post 0.13 earnings per share for the current year.

Institutional Trading of Samsara

A number of hedge funds have recently bought and sold shares of the company. Gerber Kawasaki Wealth & Investment Management grew its position in shares of Samsara by 5.9% in the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 21,278 shares of the company’s stock valued at $811,000 after purchasing an additional 1,186 shares during the period. Bank Julius Baer & Co. Ltd Zurich increased its stake in Samsara by 99.7% in the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 11,178 shares of the company’s stock valued at $426,000 after purchasing an additional 5,580 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its stake in Samsara by 5.1% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 666,778 shares of the company’s stock valued at $25,424,000 after purchasing an additional 32,122 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in Samsara during the third quarter worth about $312,000. Finally, Vise Technologies Inc. lifted its position in Samsara by 19.7% during the third quarter. Vise Technologies Inc. now owns 7,940 shares of the company’s stock worth $303,000 after buying an additional 1,306 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

Analyst Ratings Changes

IOT has been the subject of a number of analyst reports. BTIG Research boosted their price target on Samsara from $45.00 to $54.00 and gave the stock a “buy” rating in a report on Friday, September 4th. Jefferies Financial Group started coverage on Samsara in a research report on Sunday, October 4th. They issued a “buy” rating and a $50.00 price objective on the stock. BNP Paribas Exane increased their price objective on Samsara from $40.00 to $55.00 and gave the company an “outperform” rating in a research note on Friday, September 4th. Wells Fargo & Company lifted their price objective on Samsara from $50.00 to $58.00 and gave the stock an “overweight” rating in a research report on Friday, September 4th. Finally, KeyCorp boosted their target price on shares of Samsara from $46.00 to $55.00 and gave the company an “overweight” rating in a research note on Friday, September 4th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $51.68.

Key Samsara News

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Analysts remain broadly constructive following Samsara’s latest earnings beat, with several firms raising price targets to between $48 and $55. The average price target is $51.68, compared with the stock’s recent trading range. Samsara Just Answered The AI Question—Is Wall Street Ready To Listen?
• Positive Sentiment: Institutional investors have been adding to positions, including Wellington Management, Bank of America, First Trust Advisors and others. Institutions and hedge funds own approximately 96% of the shares, providing an indication of strong professional-investor interest. Samsara Shows What Happens When Fundamentals Beat Fear
• Neutral Sentiment: Samsara and Together for Safer Roads launched a fleet-safety program for community food banks. The initiative supports the company’s brand and social-impact profile but is unlikely to materially affect near-term financial results. Together for Safer Roads and Samsara launch US fleet safety program for community food banks
• Negative Sentiment: CEO Sanjit Biswas sold roughly 264,000 shares across October 27–29, while insider John Bicket sold a similar amount. Another insider, Adam Eltoukhy, sold 7,306 shares. The combined sales were worth roughly $23 million, creating a notable supply and confidence overhang, even though they were scheduled trades rather than necessarily discretionary sales.

Samsara Company Profile

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

The company’s products and services include vehicle telematics, GPS fleet tracking, AI-enabled dash cameras and video-based safety tools, equipment and asset monitoring, electronic logging and compliance solutions, routing and dispatch software, and maintenance and workforce-management applications.