Adam Eltoukhy Sells 4,767 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 4,767 shares of the stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $36.04, for a total value of $171,802.68. Following the sale, the insider owned 302,698 shares in the company, valued at $10,909,235.92. The trade was a 1.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Adam Eltoukhy also recently made the following trade(s):

• On Monday, October 20th, Adam Eltoukhy sold 4,767 shares of Samsara stock. The shares were sold at an average price of $37.16, for a total transaction of $177,141.72.
• On Monday, September 22nd, Adam Eltoukhy sold 4,767 shares of Samsara stock. The shares were sold at an average price of $39.40, for a total transaction of $187,819.80.
• On Monday, September 15th, Adam Eltoukhy sold 18,219 shares of Samsara stock. The stock was sold at an average price of $39.15, for a total transaction of $713,273.85.
• On Wednesday, September 10th, Adam Eltoukhy sold 9,758 shares of Samsara stock. The stock was sold at an average price of $38.14, for a total transaction of $372,170.12.

Samsara Trading Up 4.9%

Shares of NYSE:IOT opened at $36.74 on Friday. Samsara Inc. has a 12 month low of $31.40 and a 12 month high of $61.90. The company has a market capitalization of $21.08 billion, a price-to-earnings ratio of -229.63 and a beta of 1.61. The firm’s 50-day moving average is $38.51 and its 200 day moving average is $39.25.

Samsara (NYSE:IOT) last announced its earnings results on Thursday, September 4th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.05. The business had revenue of $391.48 million during the quarter, compared to analyst estimates of $372.22 million. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.The company’s revenue for the quarter was up 30.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.05 earnings per share. 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 analysts forecast that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have commented on the company. Evercore ISI set a $50.00 price objective on Samsara and gave the company an “outperform” rating in a research report on Wednesday, October 1st. Morgan Stanley upped their price target on shares of Samsara from $50.00 to $53.00 and gave the stock an “equal weight” rating in a report on Monday, September 8th. Piper Sandler reaffirmed an “overweight” rating and issued a $48.00 price target on shares of Samsara in a research note on Friday, November 14th. Zacks Research cut shares of Samsara from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Finally, Royal Bank Of Canada upped their target price on shares of Samsara from $44.00 to $46.00 and gave the stock an “outperform” rating in a research note on Friday, September 5th. Eight equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $49.55.

Institutional Trading of Samsara

A number of hedge funds have recently added to or reduced their stakes in IOT. Vanguard Group Inc. increased its position in Samsara by 18.3% during the 2nd 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 during the period. Norges Bank purchased a new position in Samsara during the second quarter valued at approximately $134,950,000. State Street Corp raised its stake in Samsara by 107.8% in the second quarter. State Street Corp now owns 5,611,956 shares of the company’s stock worth $223,244,000 after buying an additional 2,910,916 shares in the last quarter. Sands Capital Management LLC lifted 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 worth $766,808,000 after buying an additional 2,833,049 shares during the period. Finally, Wellington Management Group LLP lifted its holdings in Samsara by 363.2% during the third quarter. Wellington Management Group LLP now owns 3,181,099 shares of the company’s stock worth $118,496,000 after buying an additional 2,494,368 shares during the period. 96.02% of the stock is owned by hedge funds and other institutional investors.

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.