Insider Selling: Samsara (NYSE:IOT) Insider Sells $1,324,670.32 in Stock

Samsara Inc. (NYSE:IOT) insider Sanjit Biswas sold 36,664 shares of the firm’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $36.13, for a total transaction of $1,324,670.32. Following the completion of the transaction, the insider directly owned 171,952 shares of the company’s stock, valued at approximately $6,212,625.76. This trade represents a 17.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

• 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 stock was sold at an average price of $38.38, for a total transaction of $419,762.06.
• On Tuesday, November 4th, Sanjit Biswas sold 149,063 shares of Samsara stock. The shares were sold at an average price of $38.94, for a total value 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 value of $6,180,800.00.
• On Tuesday, October 7th, Sanjit Biswas sold 160,000 shares of Samsara stock. The shares were 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 shares were sold at an average price of $37.60, for a total value 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 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.

Samsara Trading Up 4.9%

Shares of IOT opened at $36.74 on Friday. The company’s fifty day simple moving average is $38.51 and its 200 day simple moving average is $39.25. Samsara Inc. has a 1-year low of $31.40 and a 1-year high of $61.90. The company has a market cap of $21.08 billion, a price-to-earnings ratio of -229.63 and a beta of 1.61.

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

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in IOT. Keystone Financial Group Inc. lifted its holdings in shares of Samsara by 300.0% during the first quarter. Keystone Financial Group Inc. now owns 600 shares of the company’s stock worth $25,000 after buying an additional 450 shares in the last quarter. Catalyst Capital Advisors LLC bought a new position in Samsara during the second quarter worth about $28,000. Versant Capital Management Inc raised its stake in Samsara by 6,078.6% in the 3rd quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock worth $32,000 after purchasing an additional 851 shares in the last quarter. Family Legacy Financial Solutions LLC bought a new stake in Samsara in the 2nd quarter valued at about $40,000. Finally, AlphaQuest LLC grew its position in shares of Samsara by 519.6% during the 1st quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock worth $40,000 after purchasing an additional 873 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Truist Financial raised their price objective on Samsara from $35.00 to $39.00 and gave the company a “hold” rating in a research report 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 note on Friday, September 5th. Wall Street Zen cut shares of Samsara from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Piper Sandler reiterated an “overweight” rating and issued a $48.00 price objective on shares of Samsara in a report on Friday, November 14th. Finally, Royal Bank Of Canada raised 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 issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $49.55.

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.