Jonathan Chadwick Sells 10,000 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOT) Director Jonathan Chadwick sold 10,000 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $33.47, for a total transaction of $334,700.00. Following the completion of the transaction, the director directly owned 43,865 shares of the company’s stock, valued at approximately $1,468,161.55. This represents a 18.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Samsara Trading Up 0.4%

NYSE:IOT opened at $31.73 on Friday. The company has a market capitalization of $18.43 billion, a P/E ratio of 317.34, a PEG ratio of 7.38 and a beta of 1.34. Samsara Inc. has a 12 month low of $23.38 and a 12 month high of $47.47. The firm has a fifty day simple moving average of $30.91 and a 200-day simple moving average of $32.18.

Samsara (NYSE:IOT) last released its earnings results on Thursday, June 4th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.04. The firm had revenue of $478.84 million for 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 firm 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. Equities analysts forecast that Samsara Inc. will post 0.15 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on IOT shares. Jefferies Financial Group upgraded Samsara to a “buy” rating in a research note on Thursday, June 11th. Zacks Research downgraded shares of Samsara from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. Royal Bank Of Canada raised their price target on shares of Samsara from $41.00 to $42.00 and gave the stock an “outperform” rating in a research report on Friday, June 5th. Piper Sandler restated an “overweight” rating and set a $40.00 price objective (up from $39.00) on shares of Samsara in a research note on Friday, June 5th. Finally, UBS Group restated a “buy” rating and set a $48.00 price objective on shares of Samsara in a research note on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Samsara has an average rating of “Moderate Buy” and an average target price of $46.53.

Institutional Trading of Samsara

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Acumen Wealth Advisors LLC acquired a new position in shares of Samsara in the fourth quarter worth about $28,000. Caitong International Asset Management Co. Ltd grew its position in shares of Samsara by 312.6% during the 4th 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 during the period. AlphaCentric Advisors LLC purchased a new position in shares of Samsara in the 4th quarter valued at about $36,000. Optiver Holding B.V. increased its stake in shares of Samsara by 953.2% in the 3rd quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock valued at $44,000 after purchasing an additional 1,058 shares in the last quarter. Finally, IFP Advisors Inc raised its holdings in Samsara by 194.4% in the 3rd quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock worth $47,000 after purchasing an additional 828 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

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.