Samsara (NYSE:IOT) Insider Sells $2,198,271.36 in Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 67,349 shares of Samsara stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $32.64, for a total value of $2,198,271.36. Following the transaction, the insider directly owned 243,000 shares in the company, valued at approximately $7,931,520. The trade was a 21.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

John Bicket also recently made the following trade(s):

• On Tuesday, August 19th, John Bicket sold 102,651 shares of Samsara stock. The shares were sold at an average price of $33.44, for a total value of $3,432,649.44.
• On Wednesday, August 6th, John Bicket sold 37,632 shares of Samsara stock. The shares were sold at an average price of $36.15, for a total value of $1,360,396.80.
• On Tuesday, August 5th, John Bicket sold 132,368 shares of Samsara stock. The stock was sold at an average price of $36.23, for a total value of $4,795,692.64.
• On Wednesday, July 23rd, John Bicket sold 45,952 shares of Samsara stock. The stock was sold at an average price of $38.67, for a total value of $1,776,963.84.
• On Tuesday, July 22nd, John Bicket sold 124,048 shares of Samsara stock. The stock was sold at an average price of $37.88, for a total value of $4,698,938.24.
• On Wednesday, July 9th, John Bicket sold 56,113 shares of Samsara stock. The stock was sold at an average price of $39.22, for a total value of $2,200,751.86.
• On Tuesday, July 8th, John Bicket sold 113,887 shares of Samsara stock. The stock was sold at an average price of $38.70, for a total value of $4,407,426.90.
• On Tuesday, June 24th, John Bicket sold 170,000 shares of Samsara stock. The stock was sold at an average price of $39.42, for a total value of $6,701,400.00.
• On Wednesday, June 4th, John Bicket sold 33,713 shares of Samsara stock. The stock was sold at an average price of $46.46, for a total value of $1,566,305.98.
• On Tuesday, June 3rd, John Bicket sold 136,287 shares of Samsara stock. The stock was sold at an average price of $46.03, for a total value of $6,273,290.61.

Samsara Trading Down 0.6%

NYSE IOT opened at $32.8180 on Friday. The stock’s 50 day moving average is $37.36 and its 200 day moving average is $41.51. Samsara Inc. has a 12 month low of $31.40 and a 12 month high of $61.90. The stock has a market cap of $18.68 billion, a PE ratio of -149.17 and a beta of 1.62.

Samsara (NYSE:IOT) last released its quarterly earnings data on Thursday, June 5th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.05. Samsara had a negative return on equity of 11.14% and a negative net margin of 9.04%.The business had revenue of $366.88 million for the quarter, compared to the consensus estimate of $351.44 million. During the same quarter in the previous year, the company posted $0.03 EPS. The company’s revenue was up 30.7% compared to the same quarter last year. Samsara has set its FY 2026 guidance at 0.390-0.410 EPS. Q2 2026 guidance at 0.060-0.070 EPS. On average, analysts forecast that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Institutional Investors Weigh In On Samsara

Several hedge funds have recently made changes to their positions in IOT. Brighton Jones LLC purchased a new stake in shares of Samsara in the 4th quarter worth $13,464,000. Envestnet Asset Management Inc. lifted its holdings in shares of Samsara by 44.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 48,549 shares of the company’s stock worth $2,121,000 after buying an additional 15,039 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Samsara in the 4th quarter worth $2,634,000. Guggenheim Capital LLC purchased a new stake in shares of Samsara in the 4th quarter worth $294,000. Finally, NewEdge Advisors LLC lifted its holdings in shares of Samsara by 262.0% in the 4th quarter. NewEdge Advisors LLC now owns 572 shares of the company’s stock worth $25,000 after buying an additional 414 shares during the period. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Piper Sandler reaffirmed an “overweight” rating and issued a $47.00 price objective (down previously from $53.00) on shares of Samsara in a research note on Thursday, August 7th. Evercore ISI set a $45.00 price objective on Samsara in a research note on Wednesday, June 25th. Wall Street Zen downgraded Samsara from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. BMO Capital Markets boosted their target price on Samsara from $48.00 to $54.00 and gave the company an “outperform” rating in a research report on Monday, June 2nd. Finally, Wells Fargo & Company boosted their target price on Samsara from $48.00 to $50.00 and gave the company an “overweight” rating in a research report on Friday, June 6th. Eight investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, Samsara has a consensus rating of “Hold” and a consensus target price of $50.21.

Samsara Company Profile

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.