Samsara (NYSE:IOT) Insider John Bicket Sells 129,021 Shares

Samsara Inc. (NYSE:IOT) insider John Bicket sold 129,021 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $30.02, for a total transaction of $3,873,210.42. Following the completion of the transaction, the insider owned 22,300 shares in the company, valued at approximately $669,446. This represents a 85.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

John Bicket also recently made the following trade(s):

• On Thursday, May 28th, John Bicket sold 30,345 shares of Samsara stock. The stock was sold at an average price of $31.20, for a total transaction of $946,764.00.
• On Tuesday, May 26th, John Bicket sold 104,534 shares of Samsara stock. The stock was sold at an average price of $31.10, for a total transaction of $3,251,007.40.
• On Wednesday, May 13th, John Bicket sold 95,673 shares of Samsara stock. The stock was sold at an average price of $27.47, for a total transaction of $2,628,137.31.
• On Tuesday, May 12th, John Bicket sold 168,227 shares of Samsara stock. The stock was sold at an average price of $28.58, for a total transaction of $4,807,927.66.
• On Thursday, April 30th, John Bicket sold 72,816 shares of Samsara stock. The shares were sold at an average price of $28.49, for a total transaction of $2,074,527.84.
• On Wednesday, April 29th, John Bicket sold 87,227 shares of Samsara stock. The shares were sold at an average price of $29.05, for a total transaction of $2,533,944.35.
• On Tuesday, April 28th, John Bicket sold 103,857 shares of Samsara stock. The stock was sold at an average price of $29.50, for a total transaction of $3,063,781.50.
• On Wednesday, April 15th, John Bicket sold 96,690 shares of Samsara stock. The shares were sold at an average price of $27.98, for a total transaction of $2,705,386.20.
• On Tuesday, April 14th, John Bicket sold 167,210 shares of Samsara stock. The shares were sold at an average price of $26.60, for a total transaction of $4,447,786.00.
• On Thursday, April 2nd, John Bicket sold 10,009 shares of Samsara stock. The shares were sold at an average price of $30.96, for a total transaction of $309,878.64.

Samsara Stock Performance

IOT traded up $2.15 during midday trading on Thursday, hitting $31.62. The company had a trading volume of 5,038,315 shares, compared to its average volume of 7,313,529. The company has a market capitalization of $18.36 billion, a PE ratio of -1,580.31, a P/E/G ratio of 9.27 and a beta of 1.29. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $48.40. The firm’s 50-day simple moving average is $30.29 and its 200-day simple moving average is $32.58.

Samsara (NYSE:IOT) last issued its quarterly earnings results on Thursday, March 5th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.13 by $0.05. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. The company had revenue of $444.30 million during the quarter, compared to analysts’ expectations of $422.29 million. During the same quarter in the previous year, the company earned $0.11 EPS. Samsara’s revenue was up 28.3% on a year-over-year basis. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. As a group, sell-side analysts anticipate that Samsara Inc. will post 0.08 EPS for the current fiscal year.

Institutional Trading of Samsara

Several large investors have recently modified their holdings of the stock. Bessemer Group Inc. grew its position in Samsara by 19.8% in the 3rd quarter. Bessemer Group Inc. now owns 1,728,322 shares of the company’s stock valued at $64,379,000 after purchasing an additional 286,193 shares during the period. BI Asset Management Fondsmaeglerselskab A S raised its stake in shares of Samsara by 227.0% during the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 65,122 shares of the company’s stock worth $2,426,000 after purchasing an additional 45,204 shares during the period. Westfield Capital Management Co. LP raised its stake in shares of Samsara by 7.1% during the 3rd quarter. Westfield Capital Management Co. LP now owns 3,801,787 shares of the company’s stock worth $141,617,000 after purchasing an additional 252,681 shares during the period. American Century Companies Inc. raised its stake in shares of Samsara by 13.7% during the 3rd 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 during the period. Finally, OneDigital Investment Advisors LLC raised its stake in Samsara by 184.2% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 180,153 shares of the company’s stock valued at $6,711,000 after acquiring an additional 116,767 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on IOT. Royal Bank Of Canada lifted their price target on shares of Samsara from $35.00 to $41.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. Evercore restated an “outperform” rating on shares of Samsara in a research note on Friday, March 6th. Truist Financial decreased their price target on shares of Samsara from $39.00 to $30.00 and set a “hold” rating on the stock in a research note on Tuesday, February 17th. Zacks Research downgraded shares of Samsara from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 5th. Finally, KeyCorp increased their price objective on shares of Samsara from $40.00 to $41.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $46.18.

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.