Samsara Inc. (NYSE:IOT – Get Free Report) insider Sanjit Biswas sold 128,159 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $30.03, for a total transaction of $3,848,614.77. Following the completion of the transaction, the insider owned 22,300 shares of the company’s stock, valued at $669,669. This trade represents a 85.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 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 stock was sold at an average price of $31.21, for a total transaction of $970,038.01.
- On Tuesday, May 26th, Sanjit Biswas sold 104,660 shares of Samsara stock. The stock was sold at an average price of $31.10, for a total transaction of $3,254,926.00.
- On Wednesday, May 13th, Sanjit Biswas sold 95,628 shares of Samsara stock. The stock was 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 stock was 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 stock was 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 stock was 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 Trading Up 7.3%
Shares of NYSE IOT opened at $31.62 on Friday. Samsara Inc. has a 12 month low of $23.38 and a 12 month high of $48.40. The firm has a market capitalization of $18.36 billion, a PE ratio of -1,580.31, a price-to-earnings-growth ratio of 8.77 and a beta of 1.29. The firm has a fifty day simple moving average of $30.25 and a two-hundred day simple moving average of $32.53.
Institutional Trading of Samsara
Several institutional investors have recently bought and sold shares of IOT. Brighton Jones LLC purchased a new stake in Samsara during the 4th quarter valued at about $13,464,000. Royal Bank of Canada grew its position in Samsara by 100.3% during the 1st quarter. Royal Bank of Canada now owns 96,142 shares of the company’s stock valued at $3,686,000 after purchasing an additional 48,135 shares during the last quarter. Jones Financial Companies Lllp grew its position in Samsara by 2,444.6% during the 1st quarter. Jones Financial Companies Lllp now owns 17,787 shares of the company’s stock valued at $682,000 after purchasing an additional 17,088 shares during the last quarter. Empowered Funds LLC grew its position in Samsara by 3.4% during the 1st quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after purchasing an additional 335 shares during the last quarter. Finally, Marshall Wace LLP grew its position in Samsara by 142.4% during the 2nd quarter. Marshall Wace LLP now owns 68,860 shares of the company’s stock valued at $2,739,000 after purchasing an additional 40,450 shares during the last quarter. 96.02% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several research analysts recently issued reports on the stock. Wells Fargo & Company increased their price target on shares of Samsara from $43.00 to $46.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Evercore reiterated 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 for the company in a research note on Tuesday, February 17th. Royal Bank Of Canada increased their price target on shares of Samsara from $35.00 to $41.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. Finally, Zacks Research lowered shares of Samsara from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $46.18.
Read Our Latest Stock Report on Samsara
Samsara News Roundup
Here are the key news stories impacting Samsara this week:
- Positive Sentiment: Samsara said it earned the No. 1 spot in 23 Summer 2026 G2 Grid Reports, more than any other fleet technology brand. Because the rankings are based on verified customer reviews, the news highlights strong user satisfaction and could support demand for the platform. Article Title
- Positive Sentiment: The G2 recognition reinforces Samsara’s leadership in fleet management, asset tracking, and maintenance software, which may help investor confidence in its growth story and competitive position. Article Title
- Neutral Sentiment: Multiple insiders, including co-founder Sanjit Biswas and John Bicket, sold shares in transactions filed with the SEC. The sales were made under pre-arranged 10b5-1 plans, which reduces the likelihood that they signal a sudden change in outlook, but the size of the sales can still weigh on sentiment. Article Title
- Negative Sentiment: The insider selling was substantial, with Biswas and Bicket each reducing their holdings sharply, which may raise questions about valuation near recent price levels and could create short-term pressure on the stock. Article Title
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.
Read More
- Five stocks we like better than Samsara
- China Deal Ignites Boeing’s Financial Afterburners
- 3 Stocks Rallying on Micron’s Price Boost: Substance or Hype?
- Snowflake and the Snowballing Impact of its AI Flywheel
- AI’s Biggest Bottleneck Could Make These 2 Stocks Soar
Receive News & Ratings for Samsara Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Samsara and related companies with MarketBeat.com's FREE daily email newsletter.
