Samsara (NYSE:IOT) Insider Sells 18,348 Shares

Samsara Inc. (NYSE:IOT) insider Dominic Phillips sold 18,348 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $46.09, for a total value of $845,659.32. Following the sale, the insider owned 683,425 shares in the company, valued at approximately $31,499,058.25. This represents a 2.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Dominic Phillips also recently made the following trade(s):

• On Monday, November 3rd, Dominic Phillips sold 18,348 shares of Samsara stock. The stock was sold at an average price of $40.39, for a total value of $741,075.72.
• On Wednesday, October 1st, Dominic Phillips sold 18,904 shares of Samsara stock. The shares were sold at an average price of $37.83, for a total transaction of $715,138.32.
• On Monday, September 15th, Dominic Phillips sold 46,253 shares of Samsara stock. The shares were sold at an average price of $39.15, for a total transaction of $1,810,804.95.
• On Wednesday, September 10th, Dominic Phillips sold 8,457 shares of Samsara stock. The stock was sold at an average price of $38.14, for a total transaction of $322,549.98.

Samsara Price Performance

Shares of Samsara stock traded down $1.49 during trading on Monday, hitting $43.73. 9,022,799 shares of the company’s stock traded hands, compared to its average volume of 4,980,813. Samsara Inc. has a twelve month low of $31.40 and a twelve month high of $61.90. The company has a market cap of $25.09 billion, a PE ratio of -546.65 and a beta of 1.61. The firm’s fifty day moving average price is $38.46 and its 200 day moving average price is $38.71.

Samsara (NYSE:IOT) last announced its quarterly earnings results on Thursday, December 4th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.03. The firm had revenue of $415.98 million during the quarter, compared to analysts’ expectations of $398.92 million. Samsara had a negative net margin of 2.79% and a negative return on equity of 3.61%. The company’s revenue for the quarter was up 29.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.07 earnings per share. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. As a group, equities research analysts anticipate that Samsara Inc. will post -0.3 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in IOT. Catalyst Capital Advisors LLC acquired a new position in Samsara during the 2nd quarter worth about $28,000. Versant Capital Management Inc raised its stake in shares of Samsara by 6,078.6% in the third quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock worth $32,000 after acquiring an additional 851 shares during the last quarter. AlphaQuest LLC lifted its position in shares of Samsara by 519.6% during the first quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock worth $40,000 after purchasing an additional 873 shares in the last quarter. Family Legacy Financial Solutions LLC bought a new stake in shares of Samsara during the second quarter valued at approximately $40,000. Finally, Whipplewood Advisors LLC increased its holdings in shares of Samsara by 349.8% in the second quarter. Whipplewood Advisors LLC now owns 1,093 shares of the company’s stock valued at $43,000 after purchasing an additional 850 shares in the last quarter. 96.02% of the stock is owned by institutional investors.

Analyst Ratings Changes

IOT has been the topic of several recent analyst reports. Bank of America boosted their price target on Samsara from $53.00 to $55.00 and gave the company a “buy” rating in a research note on Friday. Morgan Stanley lifted their price objective on Samsara from $50.00 to $53.00 and gave the company an “equal weight” rating in a report on Monday, September 8th. Truist Financial boosted their target price on shares of Samsara from $35.00 to $39.00 and gave the company a “hold” rating in a research note on Friday, September 5th. Craig Hallum upgraded shares of Samsara from a “hold” rating to a “buy” rating and increased their target price for the stock from $42.00 to $48.00 in a research report on Friday, September 5th. Finally, Royal Bank Of Canada lifted their price target on shares of Samsara from $46.00 to $50.00 and gave the company an “outperform” rating in a report on Friday. Nine equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $50.50.

About Samsara

Samsara Inc provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.