Samsara Sees Unusually High Options Volume (NYSE:IOT)

Samsara Inc. (NYSE:IOT) was the target of unusually large options trading activity on Friday. Traders purchased 13,395 call options on the company. This represents an increase of approximately 67% compared to the typical volume of 8,020 call options.

Samsara News Roundup

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Quarterly results exceeded expectations. Samsara reported adjusted earnings of $0.20 per share versus the $0.16 consensus estimate and revenue of $508.44 million versus expectations of $483.29 million. Revenue increased approximately 30% year over year, while earnings rose from $0.12 per share in the prior-year quarter. Samsara Reports Second Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Growth and enterprise adoption remained strong. Samsara said annual recurring revenue surpassed $2.1 billion, growing 30% year over year for the third consecutive quarter. Large enterprise ARR reportedly increased 50%, signaling continued adoption of its connected-operations platform by bigger customers. Samsara Crosses $2.1 Billion in ARR
• Positive Sentiment: Management raised or issued an outlook above key consensus measures. Fiscal 2027 EPS guidance of $0.76-$0.78 is above the $0.60 consensus estimate, while third-quarter revenue guidance of $514 million-$516 million exceeds the $509.8 million consensus. The company also outlined fiscal-year revenue of approximately $2.043 billion-$2.047 billion and a targeted 21% non-GAAP operating margin. Samsara Fiscal 2027 Revenue and Margin Outlook
• Positive Sentiment: Analysts became more bullish. BMO Capital Markets raised its price target from $44 to $54 and assigned an “outperform” rating. BTIG Research also increased its target from $45 to $54 and reiterated a “buy” rating. Both targets imply substantial upside from the recent $38.74 reference price.
• Neutral Sentiment: Valuation remains demanding. Samsara’s market capitalization is approximately $22.6 billion and its reported price-to-earnings ratio is above 380, leaving the stock sensitive to any slowdown in growth, weaker guidance, or disappointment regarding the company’s path to sustained profitability.

Analysts Set New Price Targets

Several equities analysts have weighed in on IOT shares. Wolfe Research reissued an “outperform” rating on shares of Samsara in a report on Thursday, June 11th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $58.00 price target (up from $50.00) on shares of Samsara in a research report on Friday. Jefferies Financial Group upgraded Samsara to a “buy” rating in a research note on Thursday, June 11th. BTIG Research increased their price target on Samsara from $45.00 to $54.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Piper Sandler reissued a “neutral” rating and issued a $46.00 price objective on shares of Samsara in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $51.06.

Insider Buying and Selling

In other Samsara news, insider Adam Eltoukhy sold 6,876 shares of Samsara stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $39.82, for a total value of $273,802.32. Following the sale, the insider owned 425,080 shares of the company’s stock, valued at approximately $16,926,685.60. The trade was a 1.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Bicket sold 34,557 shares of the business’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $39.44, for a total transaction of $1,362,928.08. Following the completion of the transaction, the insider owned 1,134,795 shares in the company, valued at approximately $44,756,314.80. The trade was a 2.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 4,458,623 shares of company stock worth $158,550,351. Insiders own 35.13% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in IOT. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Samsara during the second quarter valued at $4,860,000. California State Teachers Retirement System grew its position in Samsara by 3,119.1% during the second quarter. California State Teachers Retirement System now owns 15,704,422 shares of the company’s stock worth $484,256,000 after buying an additional 15,216,568 shares in the last quarter. Saudi Central Bank increased its stake in Samsara by 91.8% in the 2nd quarter. Saudi Central Bank now owns 24,500 shares of the company’s stock worth $795,000 after acquiring an additional 11,723 shares during the last quarter. Markowski Investments bought a new position in Samsara in the 2nd quarter worth about $37,000. Finally, Odyssean LLC raised its holdings in shares of Samsara by 6.7% in the 2nd quarter. Odyssean LLC now owns 40,963 shares of the company’s stock valued at $1,328,000 after acquiring an additional 2,555 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.

Samsara Trading Up 4.5%

Shares of Samsara stock traded up $1.75 on Friday, reaching $40.50. The stock had a trading volume of 10,018,335 shares, compared to its average volume of 6,880,013. The business’s 50 day moving average is $37.59 and its two-hundred day moving average is $33.17. Samsara has a 1 year low of $23.38 and a 1 year high of $47.47. The company has a market cap of $23.60 billion, a P/E ratio of 405.52, a price-to-earnings-growth ratio of 8.26 and a beta of 1.35.

Samsara (NYSE:IOT) last issued its quarterly earnings data on Thursday, September 3rd. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.16 by $0.04. The company had revenue of $508.44 million during the quarter, compared to analysts’ expectations of $483.29 million. Samsara had a net margin of 3.32% and a return on equity of 2.00%. Samsara’s revenue for the quarter was up 29.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.12 earnings per share. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. On average, equities analysts anticipate that Samsara will post 0.15 EPS for the current fiscal year.

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.