Stock Traders Buy Large Volume of Samsara Call Options (NYSE:IOT)

Samsara Inc. (NYSE:IOT) was the recipient of some unusual options trading on Friday. Investors acquired 22,155 call options on the stock. This is an increase of 207% compared to the average daily volume of 7,224 call options.

Samsara News Roundup

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Unusually high call-option activity: Traders purchased 22,155 call options, 207% above the typical daily volume of 7,224 contracts. This suggests increased speculative interest in potential upside for IOT, although options activity can also reflect hedging and does not guarantee a stock advance.
• Positive Sentiment: Tracking Label earns TIME recognition: Samsara’s disposable Bluetooth Tracking Label was named one of TIME’s Best Inventions of 2026 in the Logistics category. The recognition highlights the product’s near-real-time shipment visibility capabilities and supports the company’s expansion into high-value shipments, packages and pallets. Samsara Tracking Label Named to TIME’s Best Inventions of 2026
• Neutral Sentiment: Fleet scholarship announcement: Samsara and Trucking HR Canada announced recipients of a Top Fleet Employers scholarship. The initiative reinforces Samsara’s engagement with transportation customers but is unlikely to have a material near-term effect on revenue or earnings. Samsara and Trucking HR Canada Announce Recipients of Top Fleet Employers Scholarship
• Negative Sentiment: Heavy insider selling: CEO Sanjit Biswas and co-founder John Bicket each sold 263,900 shares worth roughly $11 million across October 13–15. The sales substantially reduced their reported holdings and may weigh on sentiment, particularly with IOT trading at a very high earnings multiple. However, all transactions were made under pre-arranged Rule 10b5-1 plans, meaning they were scheduled in advance and do not necessarily indicate deteriorating business prospects. Samsara SEC insider trading filing

Analysts Set New Price Targets

IOT has been the topic of a number of research analyst reports. TD Cowen raised their target price on Samsara from $48.00 to $53.00 and gave the company a “buy” rating in a report on Friday, September 4th. KeyCorp boosted their price target on Samsara from $46.00 to $55.00 and gave the stock an “overweight” rating in a report on Friday, September 4th. Cantor Fitzgerald assumed coverage on Samsara in a research report on Monday, September 14th. They set an “overweight” rating and a $45.00 price objective for the company. Morgan Stanley upped their price objective on Samsara from $43.00 to $49.00 and gave the stock an “equal weight” rating in a research report on Friday, September 4th. Finally, BTIG Research raised their price objective on Samsara from $45.00 to $54.00 and gave the company a “buy” 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 company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $51.68.

Insider Transactions at Samsara

In related news, CEO Sanjit Biswas sold 65,402 shares of the firm’s stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $42.27, for a total value of $2,764,542.54. Following the transaction, the chief executive officer owned 669,835 shares in the company, valued at approximately $28,313,925.45. This trade represents a 8.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Bicket sold 65,209 shares of the company’s stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $42.27, for a total transaction of $2,756,384.43. Following the sale, the insider directly owned 769,398 shares of the company’s stock, valued at $32,522,453.46. This represents a 7.81% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 2,759,939 shares of company stock valued at $107,297,212. 35.13% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Samsara

Several hedge funds have recently modified their holdings of IOT. Wellington Management Group LLP grew its position in Samsara by 9.6% during the 2nd quarter. Wellington Management Group LLP now owns 9,327,606 shares of the company’s stock worth $302,494,000 after acquiring an additional 813,922 shares during the last quarter. Bamco Inc. NY increased its holdings in Samsara by 21.9% in the 4th quarter. Bamco Inc. NY now owns 4,120,031 shares of the company’s stock worth $146,055,000 after purchasing an additional 741,200 shares in the last quarter. Spyglass Capital Management LLC raised its position in Samsara by 4.7% in the second quarter. Spyglass Capital Management LLC now owns 3,085,655 shares of the company’s stock valued at $100,068,000 after purchasing an additional 139,009 shares during the last quarter. Bank of America Corp DE raised its position in Samsara by 41.5% in 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 purchasing an additional 794,255 shares during the last quarter. Finally, Bessemer Group Inc. raised its position in Samsara by 3.3% in the first quarter. Bessemer Group Inc. now owns 1,675,509 shares of the company’s stock valued at $53,097,000 after purchasing an additional 53,576 shares during the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Samsara Price Performance

IOT stock traded down $3.21 during trading on Friday, reaching $39.38. 1,988,764 shares of the company were exchanged, compared to its average volume of 6,764,332. The company has a 50-day moving average of $39.98 and a two-hundred day moving average of $35.23. The company has a market capitalization of $23.06 billion, a price-to-earnings ratio of 246.46, a P/E/G ratio of 10.02 and a beta of 1.35. Samsara has a twelve month low of $23.38 and a twelve month high of $47.47.

Samsara (NYSE:IOT) last issued its earnings results on Thursday, September 3rd. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.04. Samsara had a net margin of 4.90% and a return on equity of 4.13%. The firm had revenue of $508.44 million for the quarter, compared to analyst estimates of $483.29 million. During the same quarter last year, the business posted $0.12 earnings per share. The company’s quarterly revenue was up 29.9% on a year-over-year basis. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. On average, analysts forecast that Samsara will post 0.13 EPS for the current year.

About Samsara

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.