Samsara (NYSE:IOT) Insider John Bicket Sells 113,664 Shares of Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 113,664 shares of the company’s stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of $43.38, for a total value of $4,930,744.32. Following the completion of the transaction, the insider directly owned 30,400 shares in the company, valued at approximately $1,318,752. The trade was a 78.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through 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 stock was sold at an average price of $41.58, for a total value of $1,767,441.06.
• On Wednesday, October 28th, John Bicket sold 107,729 shares of Samsara stock. The shares were sold at an average price of $42.97, for a total value 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 stock was 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 stock was 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 stock was 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 shares were sold at an average price of $38.40, for a total transaction of $3,262,080.00.
• On Tuesday, September 29th, John Bicket sold 158,427 shares of Samsara stock. The shares were sold at an average price of $37.73, for a total transaction 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 transaction of $1,362,928.08.
• On Wednesday, August 19th, John Bicket sold 93,365 shares of Samsara stock. The stock was sold at an average price of $39.93, for a total transaction of $3,728,064.45.

Samsara Price Performance

Shares of Samsara stock opened at $41.51 on Friday. The firm has a fifty day moving average price of $40.53 and a 200 day moving average price of $34.26. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $47.47. The stock has a market cap of $24.31 billion, a PE ratio of 259.41, a price-to-earnings-growth ratio of 10.56 and a beta of 1.35.

Samsara (NYSE:IOT) last posted its earnings results on Thursday, September 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.04. The company had revenue of $508.44 million during the quarter, compared to the consensus estimate of $483.29 million. Samsara had a net margin of 4.90% and a return on equity of 4.13%. The firm’s quarterly revenue was up 29.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.12 earnings per share. 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 analysts expect that Samsara Inc. will post 0.13 EPS for the current year.

Key Stories Impacting Samsara

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.

Institutional Trading of Samsara

A number of hedge funds have recently added to or reduced their stakes in the company. Markowski Investments purchased a new position in Samsara in the second quarter valued at $37,000. Parkside Financial Bank & Trust raised its position in shares of Samsara by 91.0% in the second quarter. Parkside Financial Bank & Trust now owns 1,377 shares of the company’s stock worth $45,000 after acquiring an additional 656 shares during the period. Anchor Investment Management LLC acquired a new position in shares of Samsara in the second quarter worth about $46,000. CX Institutional acquired a new position in shares of Samsara in the second quarter worth about $64,000. Finally, Westwind Capital purchased a new stake in shares of Samsara during the 3rd quarter worth about $64,000. 96.02% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on IOT. Wells Fargo & Company boosted their price objective on Samsara from $50.00 to $58.00 and gave the company an “overweight” rating in a report on Friday, September 4th. KeyCorp upped their target price on Samsara from $46.00 to $55.00 and gave the stock an “overweight” rating in a research note on Friday, September 4th. BTIG Research raised their target price on Samsara from $45.00 to $54.00 and gave the stock a “buy” rating in a report on Friday, September 4th. Guggenheim lifted their price target on Samsara from $45.00 to $51.00 and gave the company a “buy” rating in a research report on Friday, September 4th. Finally, TD Cowen boosted their price target on Samsara from $48.00 to $53.00 and gave the company a “buy” rating in a report on Friday, September 4th. Two 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. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus 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.