Adam Eltoukhy Sells 4,688 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOTGet Free Report) insider Adam Eltoukhy sold 4,688 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $38.32, for a total transaction of $179,644.16. Following the transaction, the insider directly owned 246,675 shares of the company’s stock, valued at $9,452,586. This represents a 1.87% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

  • On Monday, December 15th, Adam Eltoukhy sold 18,952 shares of Samsara stock. The stock was sold at an average price of $40.72, for a total value of $771,725.44.
  • On Wednesday, December 10th, Adam Eltoukhy sold 9,498 shares of Samsara stock. The shares were sold at an average price of $44.45, for a total transaction of $422,186.10.
  • On Thursday, November 20th, Adam Eltoukhy sold 4,767 shares of Samsara stock. The stock was sold at an average price of $36.04, for a total transaction of $171,802.68.
  • On Monday, October 20th, Adam Eltoukhy sold 4,767 shares of Samsara stock. The stock was sold at an average price of $37.16, for a total transaction of $177,141.72.

Samsara Trading Down 3.2%

NYSE IOT traded down $1.24 on Tuesday, hitting $37.14. 3,911,278 shares of the company traded hands, compared to its average volume of 5,056,621. The business’s 50 day moving average price is $38.95 and its 200-day moving average price is $38.29. Samsara Inc. has a 52-week low of $31.40 and a 52-week high of $61.90. The company has a market capitalization of $21.43 billion, a price-to-earnings ratio of -464.19 and a beta of 1.61.

Samsara (NYSE:IOTGet Free Report) last posted its quarterly earnings results on Thursday, December 4th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.11). Samsara had a negative return on equity of 3.49% and a negative net margin of 2.79%.The firm had revenue of $415.98 million during the quarter, compared to the consensus estimate of $398.92 million. During the same quarter in the previous year, the company earned $0.07 earnings per share. The business’s revenue for the quarter was up 29.2% compared to the same quarter last year. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. As a group, sell-side analysts predict that Samsara Inc. will post -0.3 earnings per share for the current year.

Hedge Funds Weigh In On Samsara

Institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its stake in shares of Samsara by 18.3% in the second quarter. Vanguard Group Inc. now owns 27,803,226 shares of the company’s stock valued at $1,106,012,000 after acquiring an additional 4,307,755 shares during the period. Norges Bank bought a new stake in shares of Samsara during the second quarter worth $134,950,000. State Street Corp grew its holdings in shares of Samsara by 107.8% in the second quarter. State Street Corp now owns 5,611,956 shares of the company’s stock worth $223,244,000 after purchasing an additional 2,910,916 shares during the last quarter. Sands Capital Management LLC grew its holdings in shares of Samsara by 17.2% in the second quarter. Sands Capital Management LLC now owns 19,276,210 shares of the company’s stock worth $766,808,000 after purchasing an additional 2,833,049 shares during the last quarter. Finally, Wellington Management Group LLP increased its stake in Samsara by 363.2% in the 3rd quarter. Wellington Management Group LLP now owns 3,181,099 shares of the company’s stock worth $118,496,000 after buying an additional 2,494,368 shares during the period. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on IOT. Jefferies Financial Group set a $57.00 price objective on shares of Samsara in a research report on Wednesday, December 10th. BMO Capital Markets raised their target price on shares of Samsara from $47.00 to $50.00 and gave the company an “outperform” rating in a research note on Friday, December 5th. Royal Bank Of Canada boosted their price target on shares of Samsara from $46.00 to $50.00 and gave the stock an “outperform” rating in a research note on Friday, December 5th. Truist Financial increased their price objective on shares of Samsara from $35.00 to $39.00 and gave the company a “hold” rating in a report on Friday, September 5th. Finally, Piper Sandler raised their price objective on Samsara from $48.00 to $49.00 and gave the company an “overweight” rating in a research report on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $51.53.

View Our Latest Research Report on Samsara

About Samsara

(Get Free Report)

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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