Samsara Inc. (NYSE:IOT – Get Free Report) insider John Bicket sold 93,365 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $39.93, for a total transaction of $3,728,064.45. Following the transaction, the insider owned 271,100 shares of the company’s stock, valued at approximately $10,825,023. This represents a 25.62% decrease in their ownership of the stock. The sale 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, August 20th, John Bicket sold 34,557 shares of Samsara stock. The stock was sold at an average price of $39.44, for a total value of $1,362,928.08.
- On Tuesday, August 18th, John Bicket sold 135,978 shares of Samsara stock. The shares were sold at an average price of $39.99, for a total value of $5,437,760.22.
- On Thursday, August 6th, John Bicket sold 57,267 shares of Samsara stock. The shares were sold at an average price of $37.89, for a total value of $2,169,846.63.
- On Wednesday, August 5th, John Bicket sold 87,079 shares of Samsara stock. The stock was sold at an average price of $38.64, for a total value of $3,364,732.56.
- On Tuesday, August 4th, John Bicket sold 119,554 shares of Samsara stock. The shares were sold at an average price of $38.34, for a total transaction of $4,583,700.36.
- On Wednesday, July 22nd, John Bicket sold 61,352 shares of Samsara stock. The stock was sold at an average price of $33.87, for a total transaction of $2,077,992.24.
- On Tuesday, July 21st, John Bicket sold 202,548 shares of Samsara stock. The shares were sold at an average price of $36.81, for a total transaction of $7,455,791.88.
- On Wednesday, July 8th, John Bicket sold 17,975 shares of Samsara stock. The shares were sold at an average price of $35.11, for a total transaction of $631,102.25.
- On Tuesday, July 7th, John Bicket sold 245,925 shares of Samsara stock. The stock was sold at an average price of $36.77, for a total transaction of $9,042,662.25.
- On Thursday, May 28th, John Bicket sold 30,345 shares of Samsara stock. The stock was sold at an average price of $31.20, for a total transaction of $946,764.00.
Samsara Stock Performance
Shares of NYSE:IOT opened at $39.95 on Friday. Samsara Inc. has a 52-week low of $23.38 and a 52-week high of $47.47. The company has a market capitalization of $23.28 billion, a PE ratio of 399.54, a price-to-earnings-growth ratio of 8.75 and a beta of 1.34. The company has a fifty day moving average of $36.10 and a 200-day moving average of $32.27.
More Samsara News
Here are the key news stories impacting Samsara this week:
- Positive Sentiment: Samsara’s latest quarterly results exceeded expectations: revenue rose 30.5% year over year to $478.84 million versus the $455.21 million consensus, while EPS of $0.17 topped estimates of $0.13. Fiscal-year EPS guidance of $0.70 to $0.72 adds support to the company’s growth outlook. Samsara Shows What Happens When Fundamentals Beat Fear
- Positive Sentiment: The company launched its Fuel Command Center, designed to help fleet operators monitor fuel usage, reduce operating costs and manage exposure to fuel-price volatility. The product could strengthen Samsara’s value proposition and encourage additional customer adoption. Samsara Launches Fuel Command Center
- Neutral Sentiment: Wall Street remains broadly constructive, with a “Moderate Buy” consensus rating and an average price target of $46.39. However, analyst targets and ratings vary, including a neutral $40 target, highlighting concerns about valuation and the pace of future growth. Samsara Analyst Outlook
- Negative Sentiment: CEO Sanjit Biswas and insider John Bicket each sold 263,900 shares—approximately $10.5 million apiece—between August 18 and 20. The sales materially reduced their direct holdings and may pressure sentiment, particularly with IOT trading at a very high earnings multiple. Because the transactions occurred under pre-arranged Rule 10b5-1 plans, they do not necessarily signal deteriorating confidence in Samsara’s business. SEC Insider Trading Filing
Institutional Investors Weigh In On Samsara
A number of institutional investors have recently made changes to their positions in the stock. Brighton Jones LLC bought a new position in shares of Samsara during the fourth quarter worth about $13,464,000. Royal Bank of Canada boosted 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 increased its position in Samsara by 2,444.6% during the 1st quarter. Jones Financial Companies Lllp now owns 17,787 shares of the company’s stock valued at $682,000 after purchasing an additional 17,088 shares during the period. Empowered Funds LLC increased its position in Samsara by 3.4% during the 1st quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after purchasing an additional 335 shares during the period. Finally, Marshall Wace LLP raised its holdings in Samsara by 142.4% during the 2nd quarter. Marshall Wace LLP now owns 68,860 shares of the company’s stock worth $2,739,000 after purchasing an additional 40,450 shares during the last quarter. Institutional investors own 96.02% of the company’s stock.
Wall Street Analysts Forecast Growth
IOT has been the topic of a number of recent research reports. Weiss Ratings raised Samsara from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, August 11th. Wells Fargo & Company upped their price objective on Samsara from $46.00 to $50.00 and gave the company an “overweight” rating in a research note on Friday, June 5th. Wolfe Research reiterated an “outperform” rating on shares of Samsara in a report on Thursday, June 11th. Truist Financial lifted their target price on shares of Samsara from $30.00 to $38.00 and gave the stock a “hold” rating in a research report on Wednesday. Finally, Guggenheim initiated coverage on shares of Samsara in a report on Wednesday, July 22nd. They set a “buy” rating and a $45.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $46.39.
View Our Latest Stock Report on IOT
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.
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