Samsara (NYSE:IOT) Insider Sells $4,583,700.36 in Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 119,554 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $38.34, for a total transaction of $4,583,700.36. Following the completion of the sale, the insider directly owned 72,800 shares of the company’s stock, valued at $2,791,152. The trade was a 62.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

John Bicket also recently made the following trade(s):

• On Thursday, August 6th, John Bicket sold 57,267 shares of Samsara stock. The stock was sold at an average price of $37.89, for a total transaction of $2,169,846.63.
• On Wednesday, August 5th, John Bicket sold 87,079 shares of Samsara stock. The stock was sold at an average price of $38.64, for a total transaction of $3,364,732.56.
• On Wednesday, July 22nd, John Bicket sold 61,352 shares of Samsara stock. The shares were sold at an average price of $33.87, for a total transaction of $2,077,992.24.
• On Tuesday, July 21st, John Bicket sold 202,548 shares of Samsara stock. The shares were sold at an average price of $36.81, for a total transaction of $7,455,791.88.
• On Wednesday, July 8th, John Bicket sold 17,975 shares of Samsara stock. The stock was sold at an average price of $35.11, for a total transaction of $631,102.25.
• On Tuesday, July 7th, John Bicket sold 245,925 shares of Samsara stock. The stock was sold at an average price of $36.77, for a total transaction of $9,042,662.25.
• On Thursday, May 28th, John Bicket sold 30,345 shares of Samsara stock. The shares were sold at an average price of $31.20, for a total value of $946,764.00.
• On Wednesday, May 27th, John Bicket sold 129,021 shares of Samsara stock. The shares were sold at an average price of $30.02, for a total value of $3,873,210.42.
• On Tuesday, May 26th, John Bicket sold 104,534 shares of Samsara stock. The stock was sold at an average price of $31.10, for a total value of $3,251,007.40.
• On Wednesday, May 13th, John Bicket sold 95,673 shares of Samsara stock. The stock was sold at an average price of $27.47, for a total value of $2,628,137.31.

Samsara Trading Down 1.3%

Shares of Samsara stock traded down $0.52 on Thursday, reaching $38.21. 3,623,667 shares of the company were exchanged, compared to its average volume of 7,039,216. Samsara Inc. has a fifty-two week low of $23.38 and a fifty-two week high of $47.47. The firm has a market capitalization of $22.26 billion, a price-to-earnings ratio of 382.12, a price-to-earnings-growth ratio of 8.67 and a beta of 1.34. The stock has a fifty day moving average price of $34.87 and a 200-day moving average price of $31.59.

Samsara (NYSE:IOT) last released its quarterly earnings results on Thursday, June 4th. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The business had revenue of $478.84 million during the quarter, compared to analyst estimates of $455.21 million. Samsara had a return on equity of 2.00% and a net margin of 3.32%.Samsara’s revenue for the quarter was up 30.5% on a year-over-year basis. During the same quarter last year, the company posted $0.11 EPS. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. On average, equities analysts anticipate that Samsara Inc. will post 0.15 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC purchased a new stake in Samsara in the 4th quarter worth approximately $13,464,000. Royal Bank of Canada raised its holdings in shares of Samsara by 100.3% during the first quarter. Royal Bank of Canada now owns 96,142 shares of the company’s stock worth $3,686,000 after acquiring an additional 48,135 shares in the last quarter. Jones Financial Companies Lllp boosted its position in Samsara by 2,444.6% during the first quarter. Jones Financial Companies Lllp now owns 17,787 shares of the company’s stock valued at $682,000 after purchasing an additional 17,088 shares during the last quarter. Empowered Funds LLC boosted its position in Samsara by 3.4% during the first quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after purchasing an additional 335 shares during the last quarter. Finally, Marshall Wace LLP grew its stake in Samsara by 142.4% in the second quarter. Marshall Wace LLP now owns 68,860 shares of the company’s stock valued at $2,739,000 after purchasing an additional 40,450 shares in the last quarter. 96.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

IOT has been the topic of several analyst reports. Jefferies Financial Group raised shares of Samsara to a “buy” rating in a research report on Thursday, June 11th. Piper Sandler reaffirmed an “overweight” rating and issued a $40.00 price objective (up from $39.00) on shares of Samsara in a research note on Friday, June 5th. Weiss Ratings upgraded shares of Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Monday, June 15th. TD Cowen reissued a “buy” rating and set a $45.00 target price on shares of Samsara in a research note on Thursday, June 25th. Finally, Morgan Stanley set a $43.00 target price on Samsara in a report on Tuesday, July 21st. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $45.33.

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.