Samsara (NYSE:IOT) Insider Sells $4,930,744.32 in Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 113,664 shares of Samsara stock in a transaction dated Tuesday, October 27th. The stock was sold at an average price of $43.38, for a total transaction of $4,930,744.32. Following the completion of the transaction, the insider owned 30,400 shares of the company’s stock, valued at $1,318,752. The trade was a 78.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

John Bicket also recently made the following trade(s):

• On Thursday, October 29th, John Bicket sold 42,507 shares of Samsara stock. The shares were sold at an average price of $41.58, for a total transaction of $1,767,441.06.
• On Wednesday, October 28th, John Bicket sold 107,729 shares of Samsara stock. The stock was sold at an average price of $42.97, for a total transaction of $4,629,115.13.
• On Thursday, October 15th, John Bicket sold 65,209 shares of Samsara stock. The stock was sold at an average price of $42.27, for a total transaction of $2,756,384.43.
• On Wednesday, October 14th, John Bicket sold 103,206 shares of Samsara stock. The shares were sold at an average price of $41.14, for a total transaction of $4,245,894.84.
• On Tuesday, October 13th, John Bicket sold 95,485 shares of Samsara stock. The shares were sold at an average price of $41.87, for a total transaction of $3,997,956.95.
• On Thursday, October 1st, John Bicket sold 20,523 shares of Samsara stock. The shares were sold at an average price of $38.83, for a total transaction of $796,908.09.
• On Wednesday, September 30th, John Bicket sold 84,950 shares of Samsara stock. The stock was sold at an average price of $38.40, for a total value of $3,262,080.00.
• On Tuesday, September 29th, John Bicket sold 158,427 shares of Samsara stock. The stock was sold at an average price of $37.73, for a total value of $5,977,450.71.
• On Thursday, August 20th, John Bicket sold 34,557 shares of Samsara stock. The shares were sold at an average price of $39.44, for a total value of $1,362,928.08.
• On Wednesday, August 19th, John Bicket sold 93,365 shares of Samsara stock. The shares were sold at an average price of $39.93, for a total value of $3,728,064.45.

Samsara Stock Performance

NYSE:IOT opened at $42.07 on Friday. The business’s fifty day moving average is $40.59 and its 200 day moving average is $34.31. The firm has a market cap of $24.64 billion, a price-to-earnings ratio of 262.94, a PEG ratio of 10.33 and a beta of 1.35. Samsara Inc. has a 52-week low of $23.38 and a 52-week high of $47.47.

Samsara (NYSE:IOT) last issued its earnings results on Thursday, September 3rd. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.16 by $0.04. The business had revenue of $508.44 million during the quarter, compared to the consensus estimate of $483.29 million. Samsara had a return on equity of 4.13% and a net margin of 4.90%. The firm’s revenue was up 29.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.12 EPS. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. Equities analysts predict that Samsara Inc. will post 0.13 EPS for the current fiscal year.

Trending Headlines about Samsara

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Analysts remain constructive after Samsara’s latest quarterly results topped expectations, with revenue rising 29.9% year over year and EPS exceeding consensus. The average analyst price target is approximately $51.68, above the recent trading range. Samsara Just Answered the AI Question
• Positive Sentiment: Institutional ownership remains high at roughly 96%, and several funds recently increased their positions, including Wellington Management, Bank of America and First Trust Advisors. This suggests continued professional-investor interest in Samsara’s connected-operations and fleet-management growth story. 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 may enhance the company’s brand and social-impact profile, but it is unlikely to materially affect near-term revenue or earnings. Together for Safer Roads and Samsara Launch Fleet Safety Program
• Negative Sentiment: CEO Sanjit Biswas sold 263,900 shares from October 27–29, while co-founder John Bicket sold another 263,900 shares over the same period. Insider Adam Eltoukhy also sold 7,306 shares. The combined sales represent roughly $23 million of stock and create a meaningful supply and confidence overhang, even though scheduled 10b5-1 plans reduce the signal that the sales reflect deteriorating business expectations. Samsara Insider Selling Alert
• Negative Sentiment: Samsara’s valuation remains demanding, with a price-to-earnings ratio above 260 and a PEG ratio above 10. That leaves IOT particularly sensitive to profit-taking, insider sales and any slowdown in its high-growth outlook. Samsara Falls More Steeply Than Broader Market

Institutional Trading of Samsara

A number of large investors have recently modified their holdings of the business. Markowski Investments bought a new position in shares of Samsara in the second quarter worth approximately $37,000. Parkside Financial Bank & Trust raised its stake in Samsara by 91.0% in the second quarter. Parkside Financial Bank & Trust now owns 1,377 shares of the company’s stock valued at $45,000 after purchasing an additional 656 shares in the last quarter. Anchor Investment Management LLC bought a new stake in Samsara during the second quarter valued at approximately $46,000. Westwind Capital bought a new stake in Samsara during the third quarter valued at approximately $64,000. Finally, CX Institutional bought a new stake in Samsara during the second quarter valued at approximately $64,000. Institutional investors own 96.02% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on IOT. Cantor Fitzgerald initiated coverage on shares of Samsara in a research note on Monday, September 14th. They set an “overweight” rating and a $45.00 price objective for the company. Guggenheim increased their target price on shares of Samsara from $45.00 to $51.00 and gave the stock a “buy” rating in a research note on Friday, September 4th. BMO Capital Markets raised their price target on shares of Samsara from $44.00 to $54.00 and gave the company an “outperform” rating in a report on Friday, September 4th. Bank of America boosted their price target on shares of Samsara from $47.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, September 4th. Finally, Truist Financial upped their price target on shares of Samsara from $38.00 to $48.00 and gave the stock a “hold” rating in a report on Friday, September 4th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $51.68.

About Samsara

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.