Insider Selling: Samsara (NYSE:IOT) Director Sells $16,840,000.00 in Stock

Samsara Inc. (NYSE:IOT) Director Marc Andreessen sold 500,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $33.68, for a total transaction of $16,840,000.00. Following the completion of the transaction, the director directly owned 2,870,147 shares of the company’s stock, valued at approximately $96,666,550.96. The trade was a 14.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Samsara Stock Performance

NYSE IOT opened at $33.57 on Monday. The firm has a 50 day simple moving average of $30.85 and a 200-day simple moving average of $32.32. Samsara Inc. has a one year low of $23.38 and a one year high of $47.47. The firm has a market cap of $19.50 billion, a price-to-earnings ratio of 335.76, a PEG ratio of 7.86 and a beta of 1.34.

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

Analyst Ratings Changes

Several research analysts have recently commented on IOT shares. Jefferies Financial Group raised shares of Samsara to a “buy” rating in a research note on Thursday. Evercore reissued an “outperform” rating on shares of Samsara in a research note on Friday, March 6th. Truist Financial lowered their price objective on shares of Samsara from $39.00 to $30.00 and set a “hold” rating for the company in a research note on Tuesday, February 17th. UBS Group reissued a “buy” rating and issued a $48.00 price objective on shares of Samsara in a research note on Friday, March 6th. Finally, The Goldman Sachs Group set a $45.00 price objective on shares of Samsara in a research note on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $46.53.

Institutional Trading of Samsara

Hedge funds have recently added to or reduced their stakes in the company. Acumen Wealth Advisors LLC acquired a new stake in Samsara in the fourth quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd raised its holdings in Samsara by 312.6% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock valued at $31,000 after acquiring an additional 669 shares in the last quarter. AlphaCentric Advisors LLC acquired a new stake in Samsara in the fourth quarter valued at approximately $36,000. Optiver Holding B.V. raised its holdings in Samsara by 953.2% in the third quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock valued at $44,000 after acquiring an additional 1,058 shares in the last quarter. Finally, IFP Advisors Inc raised its holdings in Samsara by 194.4% in 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. Institutional investors and hedge funds own 96.02% of the company’s stock.

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.