Insider Selling: Samsara (NYSE:IOT) Insider Sells 135,502 Shares of Stock

Samsara Inc. (NYSE:IOTGet Free Report) insider Sanjit Biswas sold 135,502 shares of Samsara stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $38.37, for a total transaction of $5,199,211.74. Following the completion of the transaction, the insider directly owned 6,000 shares of the company’s stock, valued at approximately $230,220. This trade represents a 95.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

  • On Thursday, December 18th, Sanjit Biswas sold 24,498 shares of Samsara stock. The shares were sold at an average price of $38.73, for a total transaction of $948,807.54.
  • On Wednesday, December 3rd, Sanjit Biswas sold 14,152 shares of Samsara stock. The stock was sold at an average price of $38.10, for a total value of $539,191.20.
  • On Tuesday, December 2nd, Sanjit Biswas sold 145,848 shares of Samsara stock. The stock was sold at an average price of $37.85, for a total value of $5,520,346.80.
  • On Wednesday, November 19th, Sanjit Biswas sold 36,664 shares of Samsara stock. The shares were sold at an average price of $36.13, for a total value of $1,324,670.32.
  • 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 value 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 value 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 transaction 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 transaction 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 transaction of $999,784.00.

Samsara Stock Performance

Shares of IOT stock traded up $0.09 during midday trading on Friday, hitting $38.24. 13,209,540 shares of the company were exchanged, compared to its average volume of 5,067,942. The firm has a market capitalization of $21.94 billion, a P/E ratio of -478.00 and a beta of 1.61. The firm’s 50 day moving average price is $38.91 and its two-hundred day moving average price is $38.52. Samsara Inc. has a 52 week low of $31.40 and a 52 week high of $61.90.

Samsara (NYSE:IOTGet Free Report) last released its quarterly earnings results on Thursday, December 4th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.11). Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. The company had revenue of $415.98 million during the quarter, compared to the consensus estimate of $398.92 million. During the same period in the prior year, the company earned $0.07 earnings per share. The firm’s revenue was up 29.2% compared to the same quarter last year. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. Analysts expect that Samsara Inc. will post -0.3 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have weighed in on IOT shares. TD Cowen increased their price objective on Samsara from $49.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday, December 5th. KeyCorp initiated coverage on shares of Samsara in a research note on Tuesday, December 9th. They issued an “overweight” rating and a $55.00 price target on the stock. Piper Sandler lifted their price objective on shares of Samsara from $48.00 to $49.00 and gave the stock an “overweight” rating in a research note on Friday, December 5th. Evercore ISI set a $50.00 price objective on shares of Samsara and gave the company an “outperform” rating in a report on Wednesday, October 1st. Finally, BMO Capital Markets increased their target price on shares of Samsara from $47.00 to $50.00 and gave the stock an “outperform” rating in a research report on Friday, December 5th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned 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 stock presently has an average rating of “Moderate Buy” and a consensus target price of $51.53.

View Our Latest Report on Samsara

Institutional Investors Weigh In On Samsara

A number of large investors have recently bought and sold shares of the company. Vident Advisory LLC lifted its holdings in shares of Samsara by 66.2% during the first quarter. Vident Advisory LLC now owns 14,282 shares of the company’s stock worth $547,000 after purchasing an additional 5,691 shares during the period. JPMorgan Chase & Co. raised its position in Samsara by 28.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,380,514 shares of the company’s stock worth $54,917,000 after purchasing an additional 309,920 shares during the last quarter. Northern Trust Corp lifted its holdings in Samsara by 37.2% during the 1st quarter. Northern Trust Corp now owns 1,082,209 shares of the company’s stock worth $41,481,000 after buying an additional 293,603 shares during the period. PDT Partners LLC lifted its holdings in Samsara by 65.3% during the 1st quarter. PDT Partners LLC now owns 193,688 shares of the company’s stock worth $7,424,000 after buying an additional 76,529 shares during the period. Finally, Lunate Capital Ltd bought a new stake in shares of Samsara in the 2nd quarter valued at about $905,000. 96.02% of the stock is currently owned by institutional investors and hedge funds.

About Samsara

(Get Free Report)

Samsara develops an industrial Internet of Things (IoT) platform designed to help organizations monitor, manage, and optimize physical operations. The company combines connected hardware — including telematics devices, GPS trackers, dash cameras, and environmental sensors — with cloud-based software to provide real-time visibility into vehicles, mobile equipment, and fixed assets. Its software offers tools for fleet management, driver and worker safety, asset tracking, compliance (including electronic logging), maintenance scheduling, and operational analytics.

The Samsara platform emphasizes integration of live data streams with analytics and workflow features to drive efficiency and safety across industries that rely on dispersed equipment and mobile workforces.

See Also

Insider Buying and Selling by Quarter for Samsara (NYSE:IOT)

Receive News & Ratings for Samsara Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Samsara and related companies with MarketBeat.com's FREE daily email newsletter.