Samsara (NYSE:IOT) Insider Dominic Phillips Sells 48,116 Shares of Stock

Samsara Inc. (NYSE:IOT) insider Dominic Phillips sold 48,116 shares of the business’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $40.72, for a total transaction of $1,959,283.52. Following the sale, the insider owned 573,114 shares of the company’s stock, valued at $23,337,202.08. This trade represents a 7.75% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link.

Dominic Phillips also recently made the following trade(s):

• On Wednesday, December 10th, Dominic Phillips sold 8,231 shares of Samsara stock. The shares were sold at an average price of $44.46, for a total transaction of $365,950.26.
• On Friday, December 5th, Dominic Phillips sold 18,348 shares of Samsara stock. The stock was sold at an average price of $46.09, for a total transaction of $845,659.32.
• On Monday, November 3rd, Dominic Phillips sold 18,348 shares of Samsara stock. The stock was sold at an average price of $40.39, for a total transaction of $741,075.72.
• On Wednesday, October 1st, Dominic Phillips sold 18,904 shares of Samsara stock. The shares were sold at an average price of $37.83, for a total transaction of $715,138.32.

Samsara Stock Performance

IOT stock opened at $38.95 on Wednesday. The business has a 50-day simple moving average of $38.99 and a two-hundred day simple moving average of $38.52. The company has a market capitalization of $22.34 billion, a P/E ratio of -486.88 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 earnings results on Thursday, December 4th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.11). The company had revenue of $415.98 million during the quarter, compared to the consensus estimate of $398.92 million. Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. The firm’s revenue for the quarter was up 29.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.07 EPS. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. As a group, sell-side analysts forecast that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Institutional Trading of Samsara

Large investors have recently added to or reduced their stakes in the stock. Catalyst Capital Advisors LLC purchased a new position in Samsara in the second quarter valued at about $28,000. Versant Capital Management Inc increased its stake in shares of Samsara by 6,078.6% during 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 during the last quarter. AlphaQuest LLC raised its holdings in shares of Samsara by 519.6% in the 1st quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock worth $40,000 after purchasing an additional 873 shares during the period. Family Legacy Financial Solutions LLC bought a new stake in shares of Samsara in the 2nd quarter worth approximately $40,000. Finally, Whipplewood Advisors LLC lifted its stake in Samsara by 349.8% in the second quarter. Whipplewood Advisors LLC now owns 1,093 shares of the company’s stock valued at $43,000 after purchasing an additional 850 shares during the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Samsara in a report on Wednesday, October 8th. Evercore ISI set a $50.00 price target on shares of Samsara and gave the company an “outperform” rating in a research report on Wednesday, October 1st. Jefferies Financial Group set a $57.00 price target on shares of Samsara in a report on Wednesday, December 10th. TD Cowen increased their price objective on shares of Samsara from $49.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, December 5th. Finally, Wells Fargo & Company lifted their target price on shares of Samsara from $50.00 to $52.00 and gave the stock an “overweight” rating in a research report on Friday, December 5th. Eleven 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’s stock. According to MarketBeat, Samsara currently has a consensus rating of “Moderate Buy” and an average target price of $51.53.

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.