Samsara (NYSE:IOT) Insider Sells 87,079 Shares of Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 87,079 shares of the business’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $38.64, for a total value of $3,364,732.56. Following the sale, the insider directly owned 316,400 shares in the company, valued at $12,225,696. This trade represents a 21.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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 shares were sold at an average price of $37.89, for a total value of $2,169,846.63.
• On Tuesday, August 4th, John Bicket sold 119,554 shares of Samsara stock. The shares were sold at an average price of $38.34, for a total value of $4,583,700.36.
• On Wednesday, July 22nd, John Bicket sold 61,352 shares of Samsara stock. The stock was sold at an average price of $33.87, for a total value of $2,077,992.24.
• On Tuesday, July 21st, John Bicket sold 202,548 shares of Samsara stock. The stock was sold at an average price of $36.81, for a total value of $7,455,791.88.
• On Wednesday, July 8th, John Bicket sold 17,975 shares of Samsara stock. The shares were 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 stock was sold at an average price of $31.20, for a total transaction 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 transaction of $3,873,210.42.
• On Tuesday, May 26th, John Bicket sold 104,534 shares of Samsara stock. The shares were sold at an average price of $31.10, for a total transaction 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 transaction of $2,628,137.31.

Samsara Price Performance

Samsara stock traded down $0.52 during midday trading on Thursday, reaching $38.21. The stock had a trading volume of 3,623,667 shares, compared to its average volume of 7,039,216. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $47.47. The firm has a market cap of $22.26 billion, a price-to-earnings ratio of 382.12, a PEG ratio of 8.67 and a beta of 1.34. The firm’s fifty day simple moving average is $34.87 and its two-hundred day simple moving average is $31.59.

Samsara (NYSE:IOT) last announced its earnings results on Thursday, June 4th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.04. The company had revenue of $478.84 million for the quarter, compared to the consensus estimate of $455.21 million. Samsara had a net margin of 3.32% and a return on equity of 2.00%. The company’s revenue was up 30.5% on a year-over-year basis. During the same period in the previous year, the business earned $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. As a group, sell-side analysts predict that Samsara Inc. will post 0.15 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Guggenheim started coverage on Samsara in a research report on Wednesday, July 22nd. They set a “buy” rating and a $45.00 price objective for the company. Wolfe Research restated an “outperform” rating on shares of Samsara in a report on Thursday, June 11th. Zacks Research downgraded shares of Samsara from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 5th. BTIG Research reiterated a “buy” rating and issued a $45.00 price objective on shares of Samsara in a research note on Friday, June 26th. Finally, Jefferies Financial Group upgraded shares of Samsara to a “buy” rating in a research report on Thursday, June 11th. 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.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $45.33.

Institutional Investors Weigh In On Samsara

Several institutional investors have recently made changes to their positions in the company. Bank of New York Mellon Corp acquired a new stake in shares of Samsara during the 2nd quarter valued at about $35,702,000. Assenagon Asset Management S.A. increased its holdings in Samsara by 43.9% in the second quarter. Assenagon Asset Management S.A. now owns 22,987 shares of the company’s stock worth $745,000 after buying an additional 7,015 shares during the last quarter. Archer Investment Management LLC bought a new position in Samsara during the second quarter valued at approximately $454,000. Balefire LLC bought a new position in Samsara during the second quarter valued at approximately $209,000. Finally, Avior Wealth Management LLC lifted its stake in Samsara by 10.3% in the second quarter. Avior Wealth Management LLC now owns 15,956 shares of the company’s stock valued at $517,000 after acquiring an additional 1,494 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

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.