Insider Selling: Samsara (NYSE:IOT) Insider Sells $165,339.33 in Stock

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 5,473 shares of Samsara stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $30.21, for a total value of $165,339.33. Following the completion of the sale, the insider owned 468,305 shares of the company’s stock, valued at approximately $14,147,494.05. The trade was a 1.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, April 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The stock was sold at an average price of $30.68, for a total value of $167,911.64.
• On Friday, March 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The stock was sold at an average price of $33.31, for a total value of $182,305.63.
• On Friday, February 20th, Adam Eltoukhy sold 4,688 shares of Samsara stock. The stock was sold at an average price of $26.79, for a total value of $125,591.52.

Samsara Trading Up 3.2%

Samsara stock opened at $31.12 on Friday. The firm has a market capitalization of $18.07 billion, a P/E ratio of -1,555.42, a PEG ratio of 9.27 and a beta of 1.29. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $48.40. The business has a 50-day moving average of $30.38 and a 200-day moving average of $32.81.

Samsara (NYSE:IOT) last posted 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. The company had revenue of $444.30 million during the quarter, compared to analyst estimates of $422.29 million. Samsara had a negative return on equity of 0.72% and a negative net margin of 0.56%.The company’s revenue for the quarter was up 28.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.11 EPS. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. Research analysts anticipate that Samsara Inc. will post 0.08 EPS for the current fiscal year.

Institutional Investors Weigh In On Samsara

Several institutional investors have recently bought and sold shares of the company. Evolutionary Tree Capital Management LLC bought a new stake in Samsara in the 1st quarter valued at approximately $1,340,000. Bank of America Corp DE lifted its stake in Samsara by 41.5% in the 1st quarter. Bank of America Corp DE now owns 2,710,202 shares of the company’s stock valued at $85,886,000 after acquiring an additional 794,255 shares in the last quarter. Cim LLC raised its stake in shares of Samsara by 1.3% during the 1st quarter. Cim LLC now owns 34,505 shares of the company’s stock worth $1,093,000 after purchasing an additional 455 shares in the last quarter. Spyglass Capital Management LLC raised its stake in shares of Samsara by 25.5% during the 1st quarter. Spyglass Capital Management LLC now owns 2,946,646 shares of the company’s stock worth $93,379,000 after purchasing an additional 599,651 shares in the last quarter. Finally, Sunbelt Securities Inc. raised its stake in shares of Samsara by 36.5% during the 1st quarter. Sunbelt Securities Inc. now owns 11,400 shares of the company’s stock worth $361,000 after purchasing an additional 3,050 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Royal Bank Of Canada boosted their target price on Samsara from $35.00 to $41.00 and gave the stock an “outperform” rating in a research report on Friday, March 6th. KeyCorp boosted their price objective on Samsara from $40.00 to $41.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Zacks Research lowered Samsara from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 5th. UBS Group reiterated a “buy” rating and issued a $48.00 price objective on shares of Samsara in a research report on Friday, March 6th. Finally, BTIG Research decreased their price objective on Samsara from $55.00 to $45.00 and set a “buy” rating for the company in a research report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $46.18.

About Samsara

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.