Sanjit Biswas Sells 119,477 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOT) CEO Sanjit Biswas sold 119,477 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $38.34, for a total value of $4,580,748.18. Following the completion of the sale, the chief executive officer owned 72,800 shares of the company’s stock, valued at approximately $2,791,152. This trade represents a 62.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sanjit Biswas also recently made the following trade(s):

• On Thursday, August 6th, Sanjit Biswas sold 57,090 shares of Samsara stock. The stock was sold at an average price of $37.89, for a total value of $2,163,140.10.
• On Wednesday, August 5th, Sanjit Biswas sold 87,333 shares of Samsara stock. The shares were sold at an average price of $38.64, for a total value of $3,374,547.12.
• On Wednesday, July 22nd, Sanjit Biswas sold 61,283 shares of Samsara stock. The shares were sold at an average price of $33.87, for a total value of $2,075,655.21.
• On Tuesday, July 21st, Sanjit Biswas sold 202,617 shares of Samsara stock. The shares were sold at an average price of $36.81, for a total value of $7,458,331.77.
• On Wednesday, July 8th, Sanjit Biswas sold 19,095 shares of Samsara stock. The stock was sold at an average price of $35.09, for a total value of $670,043.55.
• On Tuesday, July 7th, Sanjit Biswas sold 244,805 shares of Samsara stock. The shares were sold at an average price of $36.77, for a total value of $9,001,479.85.
• On Thursday, May 28th, Sanjit Biswas sold 31,081 shares of Samsara stock. The stock was sold at an average price of $31.21, for a total transaction of $970,038.01.
• On Wednesday, May 27th, Sanjit Biswas sold 128,159 shares of Samsara stock. The stock was sold at an average price of $30.03, for a total transaction of $3,848,614.77.
• On Tuesday, May 26th, Sanjit Biswas sold 104,660 shares of Samsara stock. The shares were sold at an average price of $31.10, for a total transaction of $3,254,926.00.
• On Wednesday, May 13th, Sanjit Biswas sold 95,628 shares of Samsara stock. The shares were sold at an average price of $27.47, for a total transaction of $2,626,901.16.

Samsara Stock Performance

Shares of Samsara stock traded down $0.52 on Thursday, reaching $38.21. 3,623,667 shares of the stock were exchanged, compared to its average volume of 7,039,216. The firm has a market cap of $22.26 billion, a PE ratio of 382.12, a P/E/G ratio of 8.67 and a beta of 1.34. The firm’s 50 day moving average is $34.87 and its 200-day moving average is $31.59. Samsara Inc. has a one year low of $23.38 and a one year high of $47.47.

Samsara (NYSE:IOT) last announced its quarterly earnings data on Thursday, June 4th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. Samsara had a net margin of 3.32% and a return on equity of 2.00%. The business had revenue of $478.84 million for the quarter, compared to analysts’ expectations of $455.21 million. During the same period last year, the firm posted $0.11 earnings per share. The firm’s quarterly revenue was up 30.5% compared to the same quarter last year. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. On average, equities research analysts expect that Samsara Inc. will post 0.15 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on IOT. KeyCorp reissued an “overweight” rating on shares of Samsara in a report on Friday, June 26th. Weiss Ratings upgraded Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Monday, June 15th. Jefferies Financial Group raised Samsara to a “buy” rating in a research note on Thursday, June 11th. Morgan Stanley set a $43.00 price target on shares of Samsara in a research note on Tuesday, July 21st. Finally, BTIG Research reaffirmed a “buy” rating and set a $45.00 price target on shares of Samsara in a report on Friday, June 26th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Samsara has an average rating of “Moderate Buy” and an average target price of $45.33.

Institutional Investors Weigh In On Samsara

Several hedge funds have recently modified their holdings of IOT. USS Investment Management Ltd acquired a new stake in Samsara during the first quarter worth approximately $28,232,000. Allen Operations LLC lifted its stake in Samsara by 83.3% in the fourth quarter. Allen Operations LLC now owns 66,020 shares of the company’s stock valued at $2,340,000 after buying an additional 30,000 shares during the period. Spyglass Capital Management LLC boosted its holdings in shares of Samsara by 25.5% during the 1st quarter. Spyglass Capital Management LLC now owns 2,946,646 shares of the company’s stock worth $93,379,000 after buying an additional 599,651 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Samsara by 17.8% during the 4th quarter. Geode Capital Management LLC now owns 6,196,703 shares of the company’s stock worth $219,035,000 after buying an additional 935,855 shares in the last quarter. Finally, Jordan Park Trust Co LLC grew its position in shares of Samsara by 54.1% during the 4th quarter. Jordan Park Trust Co LLC now owns 3,833,929 shares of the company’s stock worth $135,913,000 after buying an additional 1,346,628 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

Samsara Company Profile

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.