Samsara (NYSE:IOT) Insider Sanjit Biswas Sells 103,875 Shares of Stock

Samsara Inc. (NYSE:IOT) insider Sanjit Biswas sold 103,875 shares of Samsara stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $29.50, for a total transaction of $3,064,312.50. Following the transaction, the insider directly owned 25,800 shares in the company, valued at $761,100. This trade represents a 80.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Thursday, April 30th, Sanjit Biswas sold 72,958 shares of Samsara stock. The stock was sold at an average price of $28.49, for a total transaction of $2,078,573.42.
• On Wednesday, April 29th, Sanjit Biswas sold 87,067 shares of Samsara stock. The stock was sold at an average price of $29.05, for a total transaction of $2,529,296.35.
• On Wednesday, April 15th, Sanjit Biswas sold 96,562 shares of Samsara stock. The stock was sold at an average price of $27.98, for a total transaction of $2,701,804.76.
• On Tuesday, April 14th, Sanjit Biswas sold 167,338 shares of Samsara stock. The stock was sold at an average price of $26.60, for a total transaction of $4,451,190.80.
• On Thursday, April 2nd, Sanjit Biswas sold 10,381 shares of Samsara stock. The stock was sold at an average price of $30.97, for a total transaction of $321,499.57.
• On Wednesday, April 1st, Sanjit Biswas sold 116,576 shares of Samsara stock. The stock was sold at an average price of $31.80, for a total transaction of $3,707,116.80.
• On Tuesday, March 31st, Sanjit Biswas sold 136,943 shares of Samsara stock. The stock was sold at an average price of $31.44, for a total transaction of $4,305,487.92.
• On Tuesday, February 17th, Sanjit Biswas sold 263,900 shares of Samsara stock. The stock was sold at an average price of $25.87, for a total transaction of $6,827,093.00.
• On Wednesday, February 4th, Sanjit Biswas sold 208,081 shares of Samsara stock. The stock was sold at an average price of $25.19, for a total transaction of $5,241,560.39.
• On Tuesday, February 3rd, Sanjit Biswas sold 55,819 shares of Samsara stock. The stock was sold at an average price of $25.23, for a total transaction of $1,408,313.37.

Samsara Stock Performance

Shares of Samsara stock opened at $28.72 on Friday. Samsara Inc. has a 52-week low of $23.38 and a 52-week high of $48.40. The stock has a market capitalization of $16.68 billion, a price-to-earnings ratio of -1,435.28, a P/E/G ratio of 10.77 and a beta of 1.50. The company’s 50 day moving average price is $30.36 and its 200-day moving average price is $33.70.

Samsara (NYSE:IOT) last issued its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.05. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. The firm had revenue of $444.30 million for the quarter, compared to analysts’ expectations of $422.29 million. During the same quarter last year, the business earned $0.11 earnings per share. The business’s revenue was up 28.3% on a year-over-year basis. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. As a group, equities research analysts forecast that Samsara Inc. will post 0.06 earnings per share for the current fiscal year.

Institutional Trading of Samsara

A number of hedge funds have recently modified their holdings of the business. Lazard Asset Management LLC boosted its holdings in shares of Samsara by 2.0% during the 3rd quarter. Lazard Asset Management LLC now owns 13,971 shares of the company’s stock valued at $520,000 after buying an additional 279 shares in the last quarter. KLP Kapitalforvaltning AS boosted its holdings in shares of Samsara by 0.3% during the 3rd quarter. KLP Kapitalforvaltning AS now owns 113,900 shares of the company’s stock valued at $4,243,000 after buying an additional 300 shares in the last quarter. Jefferies Financial Group Inc. boosted its holdings in shares of Samsara by 1.6% during the 3rd quarter. Jefferies Financial Group Inc. now owns 20,995 shares of the company’s stock valued at $782,000 after buying an additional 322 shares in the last quarter. Cim LLC boosted its holdings in shares of Samsara by 1.0% during the 3rd quarter. Cim LLC now owns 32,700 shares of the company’s stock valued at $1,218,000 after buying an additional 326 shares in the last quarter. Finally, Empowered Funds LLC boosted its holdings in shares of Samsara by 3.4% during the 1st quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after buying an additional 335 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. TD Cowen restated a “buy” rating on shares of Samsara in a report on Monday, March 2nd. BNP Paribas Exane upgraded shares of Samsara from a “neutral” rating to an “outperform” rating and set a $40.00 price target on the stock in a report on Thursday, January 15th. Wells Fargo & Company lifted their price target on shares of Samsara from $43.00 to $46.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Piper Sandler reiterated an “overweight” rating and issued a $39.00 price target (up from $37.00) on shares of Samsara in a report on Friday, March 6th. Finally, Evercore reiterated an “outperform” rating on shares of Samsara in a report on Friday, March 6th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.18.

Key Stories Impacting Samsara

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Named to TIME100 Most Influential Companies for Manufacturing & Logistics, a branding/validation win that can support enterprise adoption and market credibility. Read More.
• Positive Sentiment: New industry study highlighted by media shows equipment theft and loss cost large operations an average of $13.2M annually — a pain point that can drive demand for Samsara’s tracking and security products. Read More.
• Neutral Sentiment: Market coverage noted the stock “sank” in the latest session (reports and intraday coverage). This is a short‑term market reaction piece rather than new fundamental news. Read More.
• Neutral Sentiment: Customer news (First Student) highlights ecosystem traction for AI/operations platforms in transportation; positive for narrative but not an immediate earnings catalyst. Read More.
• Negative Sentiment: Large, pre‑arranged Rule 10b5‑1 sales by co‑founders Sanjit Biswas and John Bicket — each sold ~263,900 shares across April 28–30 (combined ≈527,800 shares, ~ $15.3M in proceeds). The trades materially reduced their individual holdings (some filings show ~80% reductions for the insider lots sold), increasing available float and creating visible selling pressure despite being executed under trading plans. SEC filings: Read More. and Read More.

Samsara Company Profile

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.