Insider Selling: Samsara (NYSE:IOT) Insider Sells $6,519,500.00 in Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 170,000 shares of the stock in a transaction on Tuesday, October 7th. The stock was sold at an average price of $38.35, for a total value of $6,519,500.00. Following the sale, the insider owned 36,000 shares of the company’s stock, valued at approximately $1,380,600. This represents a 82.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

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

• On Wednesday, September 24th, John Bicket sold 36,579 shares of Samsara stock. The stock was sold at an average price of $37.50, for a total value of $1,371,712.50.
• On Tuesday, September 23rd, John Bicket sold 133,421 shares of Samsara stock. The shares were sold at an average price of $38.97, for a total value of $5,199,416.37.
• On Wednesday, September 3rd, John Bicket sold 40,320 shares of Samsara stock. The shares were sold at an average price of $35.61, for a total value of $1,435,795.20.
• On Tuesday, September 2nd, John Bicket sold 129,680 shares of Samsara stock. The shares were sold at an average price of $35.37, for a total value of $4,586,781.60.
• On Wednesday, August 20th, John Bicket sold 67,349 shares of Samsara stock. The shares were sold at an average price of $32.64, for a total value of $2,198,271.36.
• On Tuesday, August 19th, John Bicket sold 102,651 shares of Samsara stock. The shares were sold at an average price of $33.44, for a total value of $3,432,649.44.
• On Wednesday, August 6th, John Bicket sold 37,632 shares of Samsara stock. The shares were sold at an average price of $36.15, for a total value of $1,360,396.80.
• On Tuesday, August 5th, John Bicket sold 132,368 shares of Samsara stock. The shares were sold at an average price of $36.23, for a total value of $4,795,692.64.
• On Wednesday, July 23rd, John Bicket sold 45,952 shares of Samsara stock. The stock was sold at an average price of $38.67, for a total value of $1,776,963.84.
• On Tuesday, July 22nd, John Bicket sold 124,048 shares of Samsara stock. The stock was sold at an average price of $37.88, for a total value of $4,698,938.24.

Samsara Stock Performance

NYSE IOT opened at $36.96 on Friday. Samsara Inc. has a twelve month low of $31.40 and a twelve month high of $61.90. The stock has a market capitalization of $21.20 billion, a PE ratio of -230.98 and a beta of 1.60. The stock has a 50-day simple moving average of $36.88 and a 200 day simple moving average of $39.18.

Samsara (NYSE:IOT) last posted its quarterly earnings data on Thursday, September 4th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $391.48 million during the quarter, compared to analysts’ expectations of $372.22 million. During the same quarter in the previous year, the firm earned $0.05 EPS. The firm’s 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. Q3 2026 guidance at 0.110-0.12 EPS. As a group, equities research analysts forecast that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

IOT has been the subject of several research analyst reports. Truist Financial boosted their price objective on Samsara from $35.00 to $39.00 and gave the stock a “hold” rating in a research report on Friday, September 5th. Craig Hallum raised Samsara from a “hold” rating to a “buy” rating and lifted their target price for the stock from $42.00 to $48.00 in a research report on Friday, September 5th. Evercore ISI set a $50.00 target price on Samsara and gave the stock an “outperform” rating in a research report on Wednesday, October 1st. Piper Sandler lifted their target price on Samsara from $47.00 to $48.00 and gave the stock an “overweight” rating in a research report on Friday, September 5th. Finally, Morgan Stanley lifted their target price on Samsara from $50.00 to $53.00 and gave the stock an “equal weight” rating in a research report on Monday, September 8th. Eight equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $49.55.

Institutional Investors Weigh In On Samsara

A number of institutional investors have recently added to or reduced their stakes in the stock. Baillie Gifford & Co. boosted its holdings in Samsara by 7.1% during the first quarter. Baillie Gifford & Co. now owns 35,277,488 shares of the company’s stock valued at $1,352,186,000 after purchasing an additional 2,348,101 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Samsara by 18.3% during the second quarter. Vanguard Group Inc. now owns 27,803,226 shares of the company’s stock valued at $1,106,012,000 after purchasing an additional 4,307,755 shares in the last quarter. Sands Capital Management LLC boosted its holdings in Samsara by 17.2% during the second quarter. Sands Capital Management LLC now owns 19,276,210 shares of the company’s stock valued at $766,808,000 after purchasing an additional 2,833,049 shares in the last quarter. Jennison Associates LLC boosted its holdings in Samsara by 1,881.8% during the first quarter. Jennison Associates LLC now owns 11,763,133 shares of the company’s stock valued at $450,881,000 after purchasing an additional 11,169,571 shares in the last quarter. Finally, State Street Corp boosted its holdings in Samsara by 107.8% during 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 and hedge funds.

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.