Samsara (NYSE:IOT) CEO Sells $1,394,481.38 in Stock

Samsara Inc. (NYSE:IOT) CEO Sanjit Biswas sold 35,366 shares of the business’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $39.43, for a total value of $1,394,481.38. Following the completion of the sale, the chief executive officer owned 935,671 shares in the company, valued at approximately $36,893,507.53. The trade was a 3.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 Wednesday, August 19th, Sanjit Biswas sold 93,079 shares of Samsara stock. The shares were sold at an average price of $39.94, for a total value of $3,717,575.26.
• On Tuesday, August 18th, Sanjit Biswas sold 135,455 shares of Samsara stock. The stock was sold at an average price of $39.99, for a total value of $5,416,845.45.
• 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 value of $2,163,140.10.
• On Wednesday, August 5th, Sanjit Biswas sold 87,333 shares of Samsara stock. The shares were sold at an average price of $38.64, for a total value of $3,374,547.12.
• On Tuesday, August 4th, Sanjit Biswas sold 119,477 shares of Samsara stock. The shares were sold at an average price of $38.34, for a total transaction of $4,580,748.18.
• On Wednesday, July 22nd, Sanjit Biswas sold 61,283 shares of Samsara stock. The stock was 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 stock was sold at an average price of $36.81, for a total transaction 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 transaction of $970,038.01.

Samsara Stock Down 0.7%

IOT traded down $0.27 on Thursday, hitting $38.93. The company’s stock had a trading volume of 5,690,708 shares, compared to its average volume of 6,916,050. The company’s 50 day simple moving average is $35.84 and its 200-day simple moving average is $32.14. The firm has a market cap of $22.68 billion, a P/E ratio of 389.34, a price-to-earnings-growth ratio of 8.89 and a beta of 1.34. Samsara Inc. has a 12 month low of $23.38 and a 12 month high of $47.47.

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

Wall Street Analyst Weigh In

A number of research analysts have weighed in on IOT shares. Royal Bank Of Canada lifted their target price on Samsara from $42.00 to $50.00 and gave the company an “outperform” rating in a report on Friday, August 14th. Morgan Stanley set a $43.00 price target on shares of Samsara in a report on Tuesday, July 21st. Wells Fargo & Company raised their price objective on shares of Samsara from $46.00 to $50.00 and gave the company an “overweight” rating in a research report on Friday, June 5th. Weiss Ratings raised shares of Samsara from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, August 11th. Finally, BTIG Research reiterated a “buy” rating and issued a $45.00 target price on shares of Samsara in a research note on Friday, June 26th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $46.39.

Hedge Funds Weigh In On Samsara

A number of institutional investors have recently added to or reduced their stakes in IOT. USS Investment Management Ltd purchased a new stake in Samsara in the first quarter valued at approximately $28,232,000. Allen Operations LLC grew its stake in Samsara by 83.3% in the 4th quarter. Allen Operations LLC now owns 66,020 shares of the company’s stock worth $2,340,000 after buying an additional 30,000 shares in the last quarter. Spyglass Capital Management LLC increased its holdings in shares of Samsara by 25.5% in the 1st quarter. Spyglass Capital Management LLC now owns 2,946,646 shares of the company’s stock worth $93,379,000 after buying an additional 599,651 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Samsara by 17.8% in the 4th quarter. Geode Capital Management LLC now owns 6,196,703 shares of the company’s stock worth $219,035,000 after buying an additional 935,855 shares during the last quarter. Finally, Jordan Park Trust Co LLC raised its position in shares of Samsara by 54.1% during the 4th quarter. Jordan Park Trust Co LLC now owns 3,833,929 shares of the company’s stock valued at $135,913,000 after buying an additional 1,346,628 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors.

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.