Insider Selling: Samsara (NYSE:IOT) CEO Sells 35,366 Shares

Samsara Inc. (NYSE:IOT) CEO Sanjit Biswas sold 35,366 shares of Samsara stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $39.43, for a total value of $1,394,481.38. Following the sale, the chief executive officer directly owned 935,671 shares of the company’s stock, valued at approximately $36,893,507.53. This trade represents a 3.64% decrease in their position. The sale was disclosed in a legal 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.

Sanjit Biswas also recently made the following trade(s):

• On Wednesday, August 19th, Sanjit Biswas sold 93,079 shares of Samsara stock. The stock was sold at an average price of $39.94, for a total value of $3,717,575.26.
• On Tuesday, August 18th, Sanjit Biswas sold 135,455 shares of Samsara stock. The shares were sold at an average price of $39.99, for a total value of $5,416,845.45.
• On Thursday, August 6th, Sanjit Biswas sold 57,090 shares of Samsara stock. The shares were sold at an average price of $37.89, for a total value of $2,163,140.10.
• On Wednesday, August 5th, Sanjit Biswas sold 87,333 shares of Samsara stock. The stock was sold at an average price of $38.64, for a total value of $3,374,547.12.
• On Tuesday, August 4th, Sanjit Biswas sold 119,477 shares of Samsara stock. The stock was sold at an average price of $38.34, for a total value of $4,580,748.18.
• On Wednesday, July 22nd, Sanjit Biswas sold 61,283 shares of Samsara stock. The stock was sold at an average price of $33.87, for a total value of $2,075,655.21.
• On Tuesday, July 21st, Sanjit Biswas sold 202,617 shares of Samsara stock. The shares were sold at an average price of $36.81, for a total transaction of $7,458,331.77.
• On Wednesday, July 8th, Sanjit Biswas sold 19,095 shares of Samsara stock. The stock was sold at an average price of $35.09, for a total transaction of $670,043.55.
• On Tuesday, July 7th, Sanjit Biswas sold 244,805 shares of Samsara stock. The stock was sold at an average price of $36.77, for a total transaction of $9,001,479.85.
• On Thursday, May 28th, Sanjit Biswas sold 31,081 shares of Samsara stock. The stock was sold at an average price of $31.21, for a total transaction of $970,038.01.

Samsara Stock Down 0.7%

Shares of Samsara stock traded down $0.27 during trading on Thursday, reaching $38.93. The company’s stock had a trading volume of 5,690,708 shares, compared to its average volume of 6,916,050. Samsara Inc. has a 52-week low of $23.38 and a 52-week high of $47.47. The firm’s 50-day moving average is $35.84 and its two-hundred day moving average is $32.14. The company has a market cap of $22.68 billion, a price-to-earnings ratio of 389.34, a PEG ratio of 8.89 and a beta of 1.34.

Samsara (NYSE:IOT) last announced its quarterly earnings data on Thursday, June 4th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The firm had revenue of $478.84 million for the quarter, compared to analysts’ expectations of $455.21 million. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The company’s revenue for the quarter was up 30.5% compared to the same quarter last year. During the same period last year, the firm earned $0.11 earnings per share. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. On average, equities research analysts anticipate that Samsara Inc. will post 0.15 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of IOT. Acumen Wealth Advisors LLC purchased a new stake in Samsara in the 4th quarter worth approximately $28,000. Caitong International Asset Management Co. Ltd increased its stake in shares of Samsara by 312.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock valued at $31,000 after buying an additional 669 shares during the period. AlphaCentric Advisors LLC purchased a new position in shares of Samsara during the fourth quarter valued at approximately $36,000. IFP Advisors Inc raised its holdings in shares of Samsara by 194.4% during the third quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock valued at $47,000 after acquiring an additional 828 shares in the last quarter. Finally, Los Angeles Capital Management LLC bought a new position in shares of Samsara during the fourth quarter valued at approximately $52,000. Institutional investors own 96.02% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on IOT shares. Jefferies Financial Group raised Samsara to a “buy” rating in a research note on Thursday, June 11th. BTIG Research reissued a “buy” rating and set a $45.00 price objective on shares of Samsara in a research note on Friday, June 26th. Morgan Stanley set a $43.00 target price on shares of Samsara in a report on Tuesday, July 21st. 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 note on Wednesday. Finally, KeyCorp reiterated an “overweight” rating on shares of Samsara in a report on Friday, June 26th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $46.39.

About Samsara

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.