Insider Selling: Samsara (NYSE:IOT) Insider Sells $999,784.00 in Stock

Samsara Inc. (NYSE:IOT) insider Sanjit Biswas sold 26,590 shares of Samsara stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $37.60, for a total value of $999,784.00. Following the completion of the sale, the insider directly owned 679,952 shares of the company’s stock, valued at $25,566,195.20. The trade was a 3.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• 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 value of $5,198,987.70.
• On Wednesday, September 3rd, Sanjit Biswas sold 30,145 shares of Samsara stock. The shares were sold at an average price of $35.57, for a total value of $1,072,257.65.
• On Tuesday, September 2nd, Sanjit Biswas sold 129,855 shares of Samsara stock. The shares were sold at an average price of $35.37, for a total transaction of $4,592,971.35.
• On Wednesday, August 20th, Sanjit Biswas sold 57,177 shares of Samsara stock. The stock was sold at an average price of $32.58, for a total transaction of $1,862,826.66.
• On Tuesday, August 19th, Sanjit Biswas sold 102,823 shares of Samsara stock. The shares were sold at an average price of $33.44, for a total transaction of $3,438,401.12.
• On Wednesday, August 6th, Sanjit Biswas sold 27,602 shares of Samsara stock. The stock was sold at an average price of $36.20, for a total transaction of $999,192.40.
• On Tuesday, August 5th, Sanjit Biswas sold 132,398 shares of Samsara stock. The stock was sold at an average price of $36.23, for a total transaction of $4,796,779.54.
• On Wednesday, July 23rd, Sanjit Biswas sold 35,842 shares of Samsara stock. The shares were sold at an average price of $38.63, for a total transaction of $1,384,576.46.
• On Tuesday, July 22nd, Sanjit Biswas sold 124,158 shares of Samsara stock. The stock was sold at an average price of $37.88, for a total value of $4,703,105.04.
• On Wednesday, July 9th, Sanjit Biswas sold 45,736 shares of Samsara stock. The shares were sold at an average price of $39.18, for a total value of $1,791,936.48.

Samsara Stock Performance

NYSE:IOT opened at $38.04 on Friday. The stock has a 50-day simple moving average of $36.81 and a two-hundred day simple moving average of $39.26. The firm has a market capitalization of $21.82 billion, a PE ratio of -237.76 and a beta of 1.61. Samsara Inc. has a 52-week low of $31.40 and a 52-week high of $61.90.

Samsara (NYSE:IOT) last posted its quarterly earnings data on Thursday, September 4th. The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.05. The firm had revenue of $391.48 million for the quarter, compared to analysts’ expectations of $372.22 million. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.The business’s quarterly revenue was up 30.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.05 EPS. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. Equities analysts forecast that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Samsara

Several large investors have recently made changes to their positions in the company. Baillie Gifford & Co. lifted its position in shares of Samsara by 7.1% in the first quarter. Baillie Gifford & Co. now owns 35,277,488 shares of the company’s stock worth $1,352,186,000 after buying an additional 2,348,101 shares in the last quarter. Vanguard Group Inc. increased its stake in Samsara by 18.3% in the 2nd quarter. Vanguard Group Inc. now owns 27,803,226 shares of the company’s stock worth $1,106,012,000 after acquiring an additional 4,307,755 shares during the last quarter. Sands Capital Management LLC raised its holdings in shares of Samsara by 17.2% during the 2nd quarter. Sands Capital Management LLC now owns 19,276,210 shares of the company’s stock worth $766,808,000 after acquiring an additional 2,833,049 shares in the last quarter. Jennison Associates LLC boosted its position in shares of Samsara by 1,881.8% during the 1st quarter. Jennison Associates LLC now owns 11,763,133 shares of the company’s stock valued at $450,881,000 after acquiring an additional 11,169,571 shares during the last quarter. Finally, State Street Corp grew its holdings in shares of Samsara by 107.8% in the second quarter. State Street Corp now owns 5,611,956 shares of the company’s stock valued at $223,244,000 after purchasing an additional 2,910,916 shares in the last quarter. 96.02% of the stock is owned by institutional investors.

Analysts Set New Price Targets

IOT has been the topic of several recent analyst reports. Piper Sandler raised their price objective on shares of Samsara from $47.00 to $48.00 and gave the company an “overweight” rating in a research report on Friday, September 5th. Craig Hallum raised Samsara from a “hold” rating to a “buy” rating and raised their price target for the company from $42.00 to $48.00 in a report on Friday, September 5th. BMO Capital Markets lowered their price objective on Samsara from $54.00 to $47.00 and set an “outperform” rating on the stock in a research report on Friday, September 5th. Morgan Stanley upped their price objective on Samsara from $50.00 to $53.00 and gave the stock an “equal weight” rating in a research note on Monday, September 8th. Finally, Wells Fargo & Company lifted their target price on Samsara from $48.00 to $50.00 and gave the company an “overweight” rating in a research note on Friday, June 6th. Eight analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $49.38.

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.