Samsara (NYSE:IOT) Insider Sells $3,063,781.50 in Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 103,857 shares of Samsara stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $29.50, for a total transaction of $3,063,781.50. Following the transaction, the insider directly owned 25,800 shares in the company, valued at approximately $761,100. This represents a 80.10% decrease in their ownership of the stock. The sale was disclosed in a 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.

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

• On Thursday, April 30th, John Bicket sold 72,816 shares of Samsara stock. The shares were sold at an average price of $28.49, for a total transaction of $2,074,527.84.
• On Wednesday, April 29th, John Bicket sold 87,227 shares of Samsara stock. The shares were sold at an average price of $29.05, for a total transaction of $2,533,944.35.
• On Wednesday, April 15th, John Bicket sold 96,690 shares of Samsara stock. The shares were sold at an average price of $27.98, for a total transaction of $2,705,386.20.
• On Tuesday, April 14th, John Bicket sold 167,210 shares of Samsara stock. The shares were sold at an average price of $26.60, for a total transaction of $4,447,786.00.
• On Thursday, April 2nd, John Bicket sold 10,009 shares of Samsara stock. The shares were sold at an average price of $30.96, for a total transaction of $309,878.64.
• On Wednesday, April 1st, John Bicket sold 116,486 shares of Samsara stock. The shares were sold at an average price of $31.80, for a total transaction of $3,704,254.80.
• On Tuesday, March 31st, John Bicket sold 137,405 shares of Samsara stock. The shares were sold at an average price of $31.44, for a total transaction of $4,320,013.20.
• On Tuesday, February 17th, John Bicket sold 263,900 shares of Samsara stock. The shares were sold at an average price of $25.87, for a total transaction of $6,827,093.00.
• On Wednesday, February 4th, John Bicket sold 208,536 shares of Samsara stock. The shares were sold at an average price of $25.20, for a total transaction of $5,255,107.20.
• On Tuesday, February 3rd, John Bicket sold 55,364 shares of Samsara stock. The shares were sold at an average price of $25.23, for a total transaction of $1,396,833.72.

Samsara Trading Down 2.2%

IOT traded down $0.65 during trading on Thursday, hitting $28.72. The company had a trading volume of 8,556,337 shares, compared to its average volume of 5,651,108. Samsara Inc. has a one year low of $23.38 and a one year high of $48.40. The firm’s 50-day moving average price is $30.33 and its 200 day moving average price is $33.74.

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

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Truist Financial cut their price target on shares of Samsara from $39.00 to $30.00 and set a “hold” rating on the stock in a research report on Tuesday, February 17th. Piper Sandler reissued an “overweight” rating and set a $39.00 price target (up from $37.00) on shares of Samsara in a research report on Friday, March 6th. Wells Fargo & Company boosted their price target on shares of Samsara from $43.00 to $46.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. The Goldman Sachs Group set a $45.00 price target on shares of Samsara in a research report on Monday, March 2nd. Finally, Evercore reissued an “outperform” rating on shares of Samsara in a research report on Friday, March 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Samsara currently has a consensus rating of “Moderate Buy” and an average target price of $46.18.

Institutional Investors Weigh In On Samsara

A number of institutional investors and hedge funds have recently modified their holdings of IOT. Baillie Gifford & Co. raised its holdings in shares of Samsara by 15.0% in the 4th quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock valued at $1,689,565,000 after purchasing an additional 6,208,553 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Samsara by 58.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock valued at $421,079,000 after purchasing an additional 4,401,082 shares during the period. Norges Bank bought a new stake in shares of Samsara in the 4th quarter valued at about $127,415,000. Vanguard Group Inc. raised its holdings in shares of Samsara by 11.5% in the 4th quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock valued at $1,174,620,000 after purchasing an additional 3,417,849 shares during the period. Finally, Brown Advisory Inc. raised its holdings in shares of Samsara by 42.1% in the 4th quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock valued at $397,536,000 after purchasing an additional 3,322,023 shares during the period. 96.02% of the stock is owned by institutional investors.

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.