Samsara (NYSE:IOT) CEO Sanjit Biswas Sells 119,477 Shares of Stock

Samsara Inc. (NYSE:IOT) CEO Sanjit Biswas sold 119,477 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 $4,580,748.18. Following the transaction, the chief executive officer owned 72,800 shares in the company, valued at $2,791,152. The trade was a 62.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed 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, August 6th, Sanjit Biswas sold 57,090 shares of Samsara stock. The stock was sold at an average price of $37.89, for a total transaction of $2,163,140.10.
• On Wednesday, August 5th, Sanjit Biswas sold 87,333 shares of Samsara stock. The stock was sold at an average price of $38.64, for a total value of $3,374,547.12.
• On Wednesday, July 22nd, Sanjit Biswas sold 61,283 shares of Samsara stock. The shares were sold at an average price of $33.87, for a total transaction of $2,075,655.21.
• On Tuesday, July 21st, Sanjit Biswas sold 202,617 shares of Samsara stock. The shares were sold at an average price of $36.81, for a total value of $7,458,331.77.
• On Wednesday, July 8th, Sanjit Biswas sold 19,095 shares of Samsara stock. The stock was sold at an average price of $35.09, for a total transaction of $670,043.55.
• On Tuesday, July 7th, Sanjit Biswas sold 244,805 shares of Samsara stock. The shares were sold at an average price of $36.77, for a total transaction of $9,001,479.85.
• On Thursday, May 28th, Sanjit Biswas sold 31,081 shares of Samsara stock. The shares were sold at an average price of $31.21, for a total value of $970,038.01.
• On Wednesday, May 27th, Sanjit Biswas sold 128,159 shares of Samsara stock. The stock was sold at an average price of $30.03, for a total transaction of $3,848,614.77.
• On Tuesday, May 26th, Sanjit Biswas sold 104,660 shares of Samsara stock. The shares were sold at an average price of $31.10, for a total value of $3,254,926.00.
• On Wednesday, May 13th, Sanjit Biswas sold 95,628 shares of Samsara stock. The shares were sold at an average price of $27.47, for a total transaction of $2,626,901.16.

Samsara Stock Down 1.3%

Shares of Samsara stock opened at $38.21 on Friday. The firm has a market cap of $22.26 billion, a PE ratio of 382.12, a P/E/G ratio of 8.70 and a beta of 1.34. The business has a 50-day moving average price of $35.01 and a 200 day moving average price of $31.62. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $47.47.

Samsara (NYSE:IOT) last released its quarterly earnings results on Thursday, June 4th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.04. Samsara had a net margin of 3.32% and a return on equity of 2.00%. The firm had revenue of $478.84 million during the quarter, compared to the consensus estimate of $455.21 million. During the same quarter in the prior year, the firm earned $0.11 EPS. The company’s revenue for the quarter was up 30.5% on a year-over-year basis. 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, sell-side analysts expect that Samsara Inc. will post 0.15 EPS for the current year.

Institutional Trading of Samsara

Several large investors have recently bought and sold shares of the company. Baillie Gifford & Co. raised its holdings in shares of Samsara by 15.0% during the fourth quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock valued at $1,689,565,000 after acquiring an additional 6,208,553 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Samsara by 58.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock worth $421,079,000 after acquiring an additional 4,401,082 shares in the last quarter. Norges Bank purchased a new stake in shares of Samsara during the 4th quarter worth about $127,415,000. Vanguard Group Inc. raised its position in Samsara by 11.5% during the fourth quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock valued at $1,174,620,000 after acquiring an additional 3,417,849 shares in the last quarter. Finally, Brown Advisory Inc. lifted its stake in shares of Samsara by 42.1% in the 4th quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock valued at $397,536,000 after purchasing an additional 3,322,023 shares during the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on IOT. BTIG Research restated a “buy” rating and issued a $45.00 price objective on shares of Samsara in a report on Friday, June 26th. Weiss Ratings upgraded Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a research note on Monday, June 15th. Wells Fargo & Company lifted their price objective on shares of Samsara from $46.00 to $50.00 and gave the stock an “overweight” rating in a research report on Friday, June 5th. Wolfe Research restated an “outperform” rating on shares of Samsara in a research note on Thursday, June 11th. Finally, Morgan Stanley set a $43.00 price objective on shares of Samsara in a research note on Tuesday, July 21st. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $45.33.

More Samsara News

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Samsara’s latest quarterly results exceeded expectations, with adjusted EPS of $0.17 versus the $0.13 consensus estimate and revenue of $478.84 million versus forecasts of $455.21 million. Revenue increased 30.5% year over year, supporting the company’s growth narrative.
• Positive Sentiment: Analyst sentiment remains favorable. Samsara has a consensus “Moderate Buy” rating and an average price target of $45.33. Wells Fargo raised its target to $50, while Piper Sandler increased its target to $40; BTIG also maintained a $45 target.
• Neutral Sentiment: Samsara will report second-quarter fiscal 2027 results after the market closes on September 3, 2026. The upcoming report is likely to be the next major catalyst as investors assess whether growth and profitability are tracking current guidance. Samsara earnings announcement
• Negative Sentiment: CEO Sanjit Biswas sold a combined 263,900 shares from August 4 through August 6 for approximately $10.12 million. After the transactions, his direct ownership fell to 72,800 shares, a reduction of roughly 62%.
• Negative Sentiment: Insider John Bicket also sold approximately 263,900 shares over the same period for about $10.12 million, reducing his direct holdings by roughly 62%. Dominic Phillips separately sold 29,618 shares on August 3 for approximately $1.11 million.

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.