Samsara (NYSE:IOT) Insider Sanjit Biswas Sells 104,660 Shares

Samsara Inc. (NYSE:IOT) insider Sanjit Biswas sold 104,660 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $31.10, for a total transaction of $3,254,926.00. Following the transaction, the insider directly owned 4,600 shares of the company’s stock, valued at $143,060. This trade represents a 95.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sanjit Biswas also recently made the following trade(s):

• On Thursday, May 28th, Sanjit Biswas sold 31,081 shares of Samsara stock. The shares were sold at an average price of $31.21, for a total transaction of $970,038.01.
• On Wednesday, May 27th, Sanjit Biswas sold 128,159 shares of Samsara stock. The shares were sold at an average price of $30.03, for a total transaction of $3,848,614.77.
• On Wednesday, May 13th, Sanjit Biswas sold 95,628 shares of Samsara stock. The shares were sold at an average price of $27.47, for a total transaction of $2,626,901.16.
• On Tuesday, May 12th, Sanjit Biswas sold 168,272 shares of Samsara stock. The shares were sold at an average price of $28.58, for a total transaction of $4,809,213.76.
• On Thursday, April 30th, Sanjit Biswas sold 72,958 shares of Samsara stock. The shares were sold at an average price of $28.49, for a total transaction of $2,078,573.42.
• On Wednesday, April 29th, Sanjit Biswas sold 87,067 shares of Samsara stock. The shares were sold at an average price of $29.05, for a total transaction of $2,529,296.35.
• On Tuesday, April 28th, Sanjit Biswas sold 103,875 shares of Samsara stock. The stock was sold at an average price of $29.50, for a total transaction of $3,064,312.50.
• On Wednesday, April 15th, Sanjit Biswas sold 96,562 shares of Samsara stock. The stock was sold at an average price of $27.98, for a total transaction of $2,701,804.76.
• On Tuesday, April 14th, Sanjit Biswas sold 167,338 shares of Samsara stock. The stock was sold at an average price of $26.60, for a total transaction of $4,451,190.80.
• On Thursday, April 2nd, Sanjit Biswas sold 10,381 shares of Samsara stock. The stock was sold at an average price of $30.97, for a total transaction of $321,499.57.

Samsara Stock Performance

Shares of NYSE:IOT traded up $2.15 on Thursday, reaching $31.62. The company’s stock had a trading volume of 5,038,315 shares, compared to its average volume of 7,313,529. Samsara Inc. has a 52-week low of $23.38 and a 52-week high of $48.40. The company has a 50-day simple moving average of $30.29 and a 200 day simple moving average of $32.58. The company has a market cap of $18.36 billion, a P/E ratio of -1,580.31, a PEG ratio of 9.27 and a beta of 1.29.

Samsara (NYSE:IOT) last released its quarterly earnings results on Thursday, March 5th. The company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $444.30 million during the quarter, compared to analysts’ expectations of $422.29 million. During the same period in the previous year, the company earned $0.11 EPS. The firm’s revenue for the quarter was up 28.3% compared to the same quarter last year. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. On average, equities research analysts forecast that Samsara Inc. will post 0.08 EPS for the current fiscal year.

Institutional Investors Weigh In On Samsara

Large investors have recently modified their holdings of the business. Bessemer Group Inc. raised its holdings in shares of 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 in the last quarter. BI Asset Management Fondsmaeglerselskab A S raised its holdings in shares of Samsara by 227.0% in the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 65,122 shares of the company’s stock valued at $2,426,000 after purchasing an additional 45,204 shares in the last quarter. Westfield Capital Management Co. LP raised its holdings in shares of Samsara by 7.1% in the 3rd quarter. Westfield Capital Management Co. LP now owns 3,801,787 shares of the company’s stock valued at $141,617,000 after purchasing an additional 252,681 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Samsara by 13.7% in the 3rd quarter. American Century Companies Inc. now owns 1,786,790 shares of the company’s stock valued at $66,558,000 after purchasing an additional 214,793 shares in the last quarter. Finally, OneDigital Investment Advisors LLC raised its holdings in shares of 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 purchasing an additional 116,767 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on IOT. Piper Sandler reaffirmed an “overweight” rating and set a $39.00 price target (up from $37.00) on shares of Samsara in a research note on Friday, March 6th. Truist Financial decreased their price objective on shares of Samsara from $39.00 to $30.00 and set a “hold” rating for the company in a report on Tuesday, February 17th. Evercore reiterated an “outperform” rating on shares of Samsara in a report on Friday, March 6th. Wells Fargo & Company lifted their price objective on shares of Samsara from $43.00 to $46.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Finally, BTIG Research decreased their price objective on shares of Samsara from $55.00 to $45.00 and set a “buy” rating for the company in a report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus 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.