Insider Selling: Samsara (NYSE:IOT) Insider Sells $285,445.42 in Stock

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 7,306 shares of the firm’s stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $39.07, for a total value of $285,445.42. Following the sale, the insider owned 381,854 shares of the company’s stock, valued at $14,919,035.78. The trade was a 1.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, August 25th, Adam Eltoukhy sold 6,876 shares of Samsara stock. The stock was sold at an average price of $39.82, for a total transaction of $273,802.32.
• On Monday, July 27th, Adam Eltoukhy sold 3,653 shares of Samsara stock. The stock was sold at an average price of $34.95, for a total transaction of $127,672.35.
• On Monday, July 6th, Adam Eltoukhy sold 3,653 shares of Samsara stock. The stock was sold at an average price of $37.00, for a total transaction of $135,161.00.

Samsara Stock Performance

Shares of IOT opened at $40.04 on Friday. The company has a market capitalization of $23.45 billion, a PE ratio of 250.23, a PEG ratio of 9.36 and a beta of 1.35. The company’s 50 day moving average price is $39.11 and its 200 day moving average price is $34.60. Samsara Inc. has a 52 week low of $23.38 and a 52 week high of $47.47.

Samsara (NYSE:IOT) last released its earnings results on Thursday, September 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, topping 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 company had revenue of $508.44 million during the quarter, compared to the consensus estimate of $483.29 million. During the same quarter in the prior year, the firm earned $0.12 EPS. The company’s revenue was up 29.9% compared to the same quarter last year. 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, equities analysts forecast that Samsara Inc. will post 0.13 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Samsara

A number of large investors have recently added to or reduced their stakes in IOT. Anchor Investment Management LLC bought a new position in shares of Samsara in the second quarter valued at approximately $46,000. Tidal Investments LLC lifted its stake in shares of Samsara by 347.6% in the second quarter. Tidal Investments LLC now owns 72,129 shares of the company’s stock worth $2,339,000 after buying an additional 56,016 shares during the last quarter. Engineers Gate Manager LP bought a new stake in shares of Samsara during the 2nd quarter worth $671,000. RFG Advisory LLC boosted its holdings in shares of Samsara by 1.9% during the 2nd quarter. RFG Advisory LLC now owns 111,482 shares of the company’s stock worth $3,615,000 after buying an additional 2,117 shares during the period. Finally, IFP Advisors Inc grew its stake in Samsara by 63.1% in the 2nd quarter. IFP Advisors Inc now owns 3,589 shares of the company’s stock valued at $116,000 after buying an additional 1,389 shares during the last quarter. Institutional investors own 96.02% of the company’s stock.

Key Headlines Impacting Samsara

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Analysts maintain a bullish outlook on Samsara, with a consensus “Moderate Buy” rating and an average price target of $52.05. Several firms recently raised their targets to between $53 and $58, implying meaningful upside from recent trading levels. Samsara Inc. Stock Has Average Price Target of $52.05 According to Analysts
• Positive Sentiment: Institutional ownership remains high at approximately 96%. Major investors including Goldman Sachs, Brown Advisory, Wellington Management, Geode Capital and Bamco recently increased their positions, supporting investor confidence in the connected-operations software company.
• Positive Sentiment: Samsara’s latest quarterly results exceeded expectations: earnings per share were $0.20 versus a $0.16 consensus estimate, while revenue of $508.44 million topped the $483.29 million forecast and grew 29.9% year over year. The company also issued fiscal 2027 EPS guidance of $0.760–$0.780.
• Negative Sentiment: CEO Sanjit Biswas and insider John Bicket collectively sold roughly 528,000 shares from September 29 through October 1, worth about $20.1 million. The sales substantially reduced their direct holdings and could raise concerns about insider conviction. However, all of the transactions were executed under pre-arranged Rule 10b5-1 trading plans, which reduces their significance as a discretionary bearish signal. SEC Insider Trading Filing
• Neutral Sentiment: Valuation remains a risk: Samsara trades at a very high earnings multiple, making the stock sensitive to any slowdown in growth, weaker guidance or a shift away from premium-valued software companies.

Analyst Ratings Changes

Several brokerages have weighed in on IOT. Craig Hallum reaffirmed a “buy” rating and issued a $54.00 target price on shares of Samsara in a research 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 report on Friday, September 4th. Jefferies Financial Group raised Samsara to a “buy” rating in a research note on Thursday, June 11th. Wells Fargo & Company increased their price objective on Samsara from $50.00 to $58.00 and gave the stock an “overweight” rating in a report on Friday, September 4th. Finally, BTIG Research raised their price objective on shares of Samsara from $45.00 to $54.00 and gave the company a “buy” rating in a research report on Friday, September 4th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Samsara has an average rating of “Moderate Buy” and a consensus price target of $52.05.

Samsara Company Profile

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.