Sanjit Biswas Sells 145,848 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOT) insider Sanjit Biswas sold 145,848 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $37.85, for a total value of $5,520,346.80. Following the sale, the insider owned 12,000 shares in the company, valued at $454,200. This trade represents a 92.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Wednesday, December 3rd, Sanjit Biswas sold 14,152 shares of Samsara stock. The stock was sold at an average price of $38.10, for a total value of $539,191.20.
• On Wednesday, November 19th, Sanjit Biswas sold 36,664 shares of Samsara stock. The stock was sold at an average price of $36.13, for a total value of $1,324,670.32.
• On Tuesday, November 18th, Sanjit Biswas sold 123,336 shares of Samsara stock. The stock was sold at an average price of $36.50, for a total transaction of $4,501,764.00.
• On Wednesday, November 5th, Sanjit Biswas sold 10,937 shares of Samsara stock. The shares were sold at an average price of $38.38, for a total value of $419,762.06.
• On Tuesday, November 4th, Sanjit Biswas sold 149,063 shares of Samsara stock. The stock was sold at an average price of $38.94, for a total transaction of $5,804,513.22.
• On Tuesday, October 21st, Sanjit Biswas sold 160,000 shares of Samsara stock. The stock was sold at an average price of $38.63, for a total transaction of $6,180,800.00.
• On Tuesday, October 7th, Sanjit Biswas sold 160,000 shares of Samsara stock. The stock was sold at an average price of $38.36, for a total value of $6,137,600.00.
• On Wednesday, September 24th, Sanjit Biswas sold 26,590 shares of Samsara stock. The stock was sold at an average price of $37.60, for a total transaction of $999,784.00.
• On Tuesday, September 23rd, Sanjit Biswas sold 133,410 shares of Samsara stock. The stock was sold at an average price of $38.97, for a total transaction of $5,198,987.70.

Samsara Stock Performance

Shares of Samsara stock traded up $1.17 during trading on Wednesday, reaching $39.15. The company had a trading volume of 4,830,748 shares, compared to its average volume of 4,861,814. Samsara Inc. has a fifty-two week low of $31.40 and a fifty-two week high of $61.90. The firm’s fifty day moving average is $38.22 and its 200-day moving average is $38.82. The company has a market cap of $22.46 billion, a price-to-earnings ratio of -244.68 and a beta of 1.61.

Samsara (NYSE:IOT) last released its earnings results on Thursday, September 4th. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.05. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.The company had revenue of $391.48 million for the quarter, compared to the consensus estimate of $372.22 million. During the same quarter last year, the business posted $0.05 EPS. Samsara’s quarterly revenue was up 30.4% compared to the same quarter last year. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS and its Q3 2026 guidance at 0.110-0.12 EPS. On average, research analysts anticipate that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on IOT shares. Truist Financial increased their price objective on shares of Samsara from $35.00 to $39.00 and gave the stock a “hold” rating in a research note on Friday, September 5th. BMO Capital Markets dropped their price target on Samsara from $54.00 to $47.00 and set an “outperform” rating on the stock in a research report on Friday, September 5th. Evercore ISI set a $50.00 price target on Samsara and gave the stock an “outperform” rating in a report on Wednesday, October 1st. Piper Sandler restated an “overweight” rating and set a $48.00 price objective on shares of Samsara in a research report on Friday, November 14th. Finally, Craig Hallum raised 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. Eight investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Samsara currently has a consensus rating of “Hold” and an average price target of $49.55.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Vident Advisory LLC boosted its stake in shares of Samsara by 66.2% during the 1st quarter. Vident Advisory LLC now owns 14,282 shares of the company’s stock worth $547,000 after acquiring an additional 5,691 shares in the last quarter. Ontario Teachers Pension Plan Board lifted its holdings in shares of Samsara by 213.4% during the first quarter. Ontario Teachers Pension Plan Board now owns 19,121 shares of the company’s stock valued at $733,000 after purchasing an additional 13,020 shares during the last quarter. Avantax Advisory Services Inc. acquired a new position in shares of Samsara in the 1st quarter valued at $357,000. Charles Schwab Investment Management Inc. boosted its position in shares of Samsara by 18.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,229,773 shares of the company’s stock valued at $85,467,000 after purchasing an additional 352,829 shares during the period. Finally, Citigroup Inc. increased its stake in Samsara by 96.9% in the 1st quarter. Citigroup Inc. now owns 223,144 shares of the company’s stock worth $8,553,000 after purchasing an additional 109,807 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.

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.