Insider Selling: Samsara (NYSE:IOT) Insider Sells $65,411.12 in Stock

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 2,039 shares of the stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $32.08, for a total transaction of $65,411.12. Following the sale, the insider owned 425,080 shares in the company, valued at approximately $13,636,566.40. This trade represents a 0.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 Monday, June 22nd, Adam Eltoukhy sold 1,614 shares of Samsara stock. The shares were sold at an average price of $32.21, for a total value of $51,986.94.
• On Wednesday, May 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The shares were sold at an average price of $30.21, for a total value of $165,339.33.
• On Monday, April 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The stock was sold at an average price of $30.68, for a total value of $167,911.64.

Samsara Trading Up 5.4%

Shares of NYSE IOT opened at $36.01 on Friday. The company has a market cap of $20.99 billion, a price-to-earnings ratio of 360.17, a price-to-earnings-growth ratio of 8.01 and a beta of 1.35. Samsara Inc. has a 12-month low of $23.38 and a 12-month high of $47.47. The stock’s 50 day simple moving average is $31.59 and its 200 day simple moving average is $31.49.

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

Institutional Investors Weigh In On Samsara

Several institutional investors have recently bought and sold shares of the stock. American Century Companies Inc. raised its holdings in Samsara by 13.7% during the third quarter. American Century Companies Inc. now owns 1,786,790 shares of the company’s stock worth $66,558,000 after purchasing an additional 214,793 shares in the last quarter. Quantbot Technologies LP lifted its position in Samsara by 9,688.4% in the third quarter. Quantbot Technologies LP now owns 65,778 shares of the company’s stock worth $2,450,000 after purchasing an additional 65,106 shares during the period. Nordea Investment Management AB boosted its stake in Samsara by 18.8% during the 4th quarter. Nordea Investment Management AB now owns 2,467,232 shares of the company’s stock valued at $88,228,000 after purchasing an additional 389,751 shares in the last quarter. Delta Global Management LP acquired a new position in shares of Samsara during the 3rd quarter valued at $2,323,000. Finally, Allen Operations LLC increased its position in shares of Samsara by 83.3% during the 4th quarter. Allen Operations LLC now owns 66,020 shares of the company’s stock valued at $2,340,000 after purchasing an additional 30,000 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on IOT. Weiss Ratings upgraded shares of Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Monday, June 15th. Jefferies Financial Group upgraded shares of Samsara to a “buy” rating in a research report on Thursday, June 11th. Wolfe Research restated an “outperform” rating on shares of Samsara in a research note on Thursday, June 11th. Zacks Research cut Samsara from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. Finally, Piper Sandler reiterated an “overweight” rating and set a $40.00 price objective (up from $39.00) on shares of Samsara in a research report on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Samsara has a consensus rating of “Moderate Buy” and a consensus price target of $45.94.

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.