Samsara (NYSE:IOT) Insider Dominic Phillips Sells 17,793 Shares

Samsara Inc. (NYSE:IOT) insider Dominic Phillips sold 17,793 shares of Samsara stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $41.59, for a total transaction of $740,010.87. Following the completion of the transaction, the insider directly owned 793,735 shares of the company’s stock, valued at $33,011,438.65. This trade represents a 2.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Dominic Phillips also recently made the following trade(s):

• On Monday, June 16th, Dominic Phillips sold 47,334 shares of Samsara stock. The shares were sold at an average price of $39.21, for a total transaction of $1,855,966.14.

Samsara Stock Performance

NYSE IOT opened at $38.68 on Wednesday. Samsara Inc. has a one year low of $31.40 and a one year high of $61.90. The company has a 50-day simple moving average of $36.69 and a 200-day simple moving average of $39.67. The firm has a market capitalization of $22.02 billion, a PE ratio of -241.75 and a beta of 1.61.

Samsara (NYSE:IOT) last issued its quarterly earnings data on Thursday, September 4th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.05. The firm had revenue of $391.48 million for the quarter, compared to the consensus estimate of $372.22 million. Samsara had a negative net margin of 6.16% and a negative return on equity of 7.80%. Samsara’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same period last year, the firm posted $0.05 EPS. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. Equities analysts forecast that Samsara Inc. will post -0.3 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Keystone Financial Group Inc. increased its holdings in shares of Samsara by 300.0% in the first quarter. Keystone Financial Group Inc. now owns 600 shares of the company’s stock valued at $25,000 after buying an additional 450 shares in the last quarter. Catalyst Capital Advisors LLC purchased a new stake in Samsara during the second quarter valued at about $28,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Samsara during the first quarter valued at about $31,000. Fourth Dimension Wealth LLC purchased a new stake in Samsara during the fourth quarter valued at about $38,000. Finally, CWM LLC lifted its stake in Samsara by 385.3% during the first quarter. CWM LLC now owns 1,053 shares of the company’s stock valued at $40,000 after buying an additional 836 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on IOT shares. Zacks Research downgraded shares of Samsara from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Truist Financial increased their target price on shares of Samsara from $35.00 to $39.00 and gave the company a “hold” rating in a research report on Friday, September 5th. Morgan Stanley raised their target price on shares of Samsara from $50.00 to $53.00 and gave the company an “equal weight” rating in a research note on Monday. Piper Sandler raised their target price on shares of Samsara from $47.00 to $48.00 and gave the company an “overweight” rating in a research note on Friday, September 5th. Finally, Royal Bank Of Canada raised their target price on shares of Samsara from $44.00 to $46.00 and gave the company an “outperform” rating in a research note on Friday, September 5th. Eight research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $49.38.

About Samsara

Samsara Inc provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.