Samsara (NYSE:IOT) Insider Sells $135,161.00 in Stock

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 3,653 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $37.00, for a total transaction of $135,161.00. Following the completion of the sale, the insider owned 425,080 shares in the company, valued at approximately $15,727,960. This trade represents a 0.85% decrease in their position. 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.

Adam Eltoukhy also recently made the following trade(s):

• On Monday, June 29th, Adam Eltoukhy sold 2,039 shares of Samsara stock. The stock was sold at an average price of $32.08, for a total transaction of $65,411.12.
• On Monday, June 22nd, Adam Eltoukhy sold 1,614 shares of Samsara stock. The stock was sold at an average price of $32.21, for a total value of $51,986.94.
• On Wednesday, May 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The shares were sold at an average price of $30.21, for a total value of $165,339.33.
• On Monday, April 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The shares were sold at an average price of $30.68, for a total value of $167,911.64.

Samsara Stock Down 3.1%

NYSE:IOT traded down $1.16 during trading hours on Tuesday, reaching $36.35. 7,684,400 shares of the stock were exchanged, compared to its average volume of 7,352,463. The stock has a market capitalization of $21.18 billion, a P/E ratio of 363.56, a P/E/G ratio of 8.42 and a beta of 1.35. The firm has a 50 day simple moving average of $31.84 and a 200-day simple moving average of $31.45. Samsara Inc. has a 52 week low of $23.38 and a 52 week high of $47.47.

Samsara (NYSE:IOT) last issued its quarterly earnings results on Thursday, June 4th. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The business had revenue of $478.84 million during the quarter, compared to the consensus estimate of $455.21 million. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The business’s quarterly revenue was up 30.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.11 EPS. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. As a group, analysts expect that Samsara Inc. will post 0.15 earnings per share for the current year.

Hedge Funds Weigh In On Samsara

Several hedge funds and other institutional investors have recently modified their holdings of the company. Acumen Wealth Advisors LLC bought a new position in shares of Samsara during the fourth quarter worth about $28,000. Caitong International Asset Management Co. Ltd boosted its stake in Samsara by 312.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock valued at $31,000 after purchasing an additional 669 shares during the period. AlphaCentric Advisors LLC acquired a new position in Samsara during the 4th quarter valued at about $36,000. IFP Advisors Inc grew its position in Samsara by 194.4% in the 3rd quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock worth $47,000 after purchasing an additional 828 shares during the last quarter. Finally, Los Angeles Capital Management LLC acquired a new stake in shares of Samsara in the fourth quarter valued at approximately $52,000. Institutional investors and hedge funds own 96.02% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on IOT. BTIG Research reissued a “buy” rating and set a $45.00 target price on shares of Samsara in a report on Friday, June 26th. KeyCorp reaffirmed an “overweight” rating on shares of Samsara in a report on Friday, June 26th. Piper Sandler reaffirmed an “overweight” rating and set a $40.00 price objective (up from $39.00) on shares of Samsara in a research report on Friday, June 5th. Wolfe Research reiterated an “outperform” rating on shares of Samsara in a research note on Thursday, June 11th. Finally, Royal Bank Of Canada raised their target price on shares of Samsara from $41.00 to $42.00 and gave the stock an “outperform” rating in a report on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $45.94.

About Samsara

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.