Samsara (NYSE:IOT) Insider Sanjit Biswas Sells 95,628 Shares

Samsara Inc. (NYSE:IOT) insider Sanjit Biswas sold 95,628 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $27.47, for a total transaction of $2,626,901.16. Following the sale, the insider directly owned 67,600 shares in the company, valued at approximately $1,856,972. The trade was a 58.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• 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.
• On Wednesday, April 1st, Sanjit Biswas sold 116,576 shares of Samsara stock. The stock was sold at an average price of $31.80, for a total transaction of $3,707,116.80.
• On Tuesday, March 31st, Sanjit Biswas sold 136,943 shares of Samsara stock. The stock was sold at an average price of $31.44, for a total transaction of $4,305,487.92.
• On Tuesday, February 17th, Sanjit Biswas sold 263,900 shares of Samsara stock. The stock was sold at an average price of $25.87, for a total transaction of $6,827,093.00.

Samsara Trading Up 1.7%

NYSE IOT opened at $27.99 on Friday. Samsara Inc. has a 12 month low of $23.38 and a 12 month high of $48.40. The stock has a market cap of $16.25 billion, a price-to-earnings ratio of -1,398.75, a PEG ratio of 10.09 and a beta of 1.29. The company’s 50 day moving average is $30.58 and its two-hundred day moving average is $33.14.

Samsara (NYSE:IOT) last announced its quarterly earnings data on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.05. The firm had revenue of $444.30 million during the quarter, compared to analysts’ expectations of $422.29 million. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. The company’s revenue for the quarter was up 28.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.11 earnings per share. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. Sell-side analysts forecast that Samsara Inc. will post 0.06 EPS for the current year.

Hedge Funds Weigh In On Samsara

Several hedge funds have recently modified their holdings of the stock. Baillie Gifford & Co. lifted its holdings in shares of Samsara by 15.0% in the fourth quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock worth $1,689,565,000 after buying an additional 6,208,553 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Samsara by 11.5% in the fourth quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock worth $1,174,620,000 after buying an additional 3,417,849 shares in the last quarter. Sands Capital Management LLC lifted its holdings in shares of Samsara by 6.4% in the third quarter. Sands Capital Management LLC now owns 20,518,332 shares of the company’s stock worth $764,308,000 after buying an additional 1,242,122 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Samsara by 58.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock worth $421,079,000 after buying an additional 4,401,082 shares in the last quarter. Finally, Brown Advisory Inc. lifted its holdings in shares of Samsara by 42.1% in the fourth quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock worth $397,536,000 after buying an additional 3,322,023 shares in the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Key Samsara News

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Recent articles say Samsara’s annual recurring revenue has reached $1.89 billion, with enterprise adoption and AI-powered offerings continuing to support the company’s growth story. Samsara Declines 22.4% Year to Date: Buy, Hold or Sell the Stock?
• Positive Sentiment: Coverage also points to Samsara’s push into public-sector workflows and its upgrade program, both of which suggest the company is trying to deepen customer relationships and expand demand despite a tougher economic backdrop. Samsara AI Push Into Public Sector Workflows And Valuation Opportunity Samsara Announces Upgrade Program to Provide Operations Leaders with Absolute Confidence Amid Economic Uncertainty
• Neutral Sentiment: Additional commentary framed the stock as a valuation question, indicating investors are still weighing growth potential against the current share-price decline from earlier levels. NYSE Composite: Is Samsara AI Transforming Public Operations?
• Negative Sentiment: Multiple insider sales by co-founder/CEO Sanjit Biswas and co-founder John Bicket totaled hundreds of thousands of shares, which can weigh on sentiment even though the trades were made under pre-arranged 10b5-1 plans. SEC filing for Sanjit Biswas sale SEC filing for John Bicket sale

Wall Street Analyst Weigh In

IOT has been the topic of a number of analyst reports. Truist Financial lowered their target price 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. The Goldman Sachs Group set a $45.00 target price on shares of Samsara in a research note on Monday, March 2nd. Royal Bank Of Canada lifted their target price 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. Finally, TD Cowen restated a “buy” rating on shares of Samsara in a research note on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock 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.