Samsara (NYSE:IOT) CEO Sanjit Biswas Sells 135,455 Shares

Samsara Inc. (NYSE:IOT) CEO Sanjit Biswas sold 135,455 shares of Samsara stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $39.99, for a total transaction of $5,416,845.45. Following the sale, the chief executive officer directly owned 62,200 shares in the company, valued at $2,487,378. The trade was a 68.53% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 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 20th, Sanjit Biswas sold 35,366 shares of Samsara stock. The stock was sold at an average price of $39.43, for a total transaction of $1,394,481.38.
• On Wednesday, August 19th, Sanjit Biswas sold 93,079 shares of Samsara stock. The stock was sold at an average price of $39.94, for a total transaction of $3,717,575.26.
• On Thursday, August 6th, Sanjit Biswas sold 57,090 shares of Samsara stock. The shares were 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 stock was sold at an average price of $38.34, for a total value 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 value 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 shares were sold at an average price of $35.09, for a total value 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 value of $9,001,479.85.
• On Thursday, May 28th, Sanjit Biswas sold 31,081 shares of Samsara stock. The stock was sold at an average price of $31.21, for a total value of $970,038.01.

Samsara Trading Down 0.7%

Shares of Samsara stock opened at $38.93 on Friday. The firm has a market capitalization of $22.68 billion, a P/E ratio of 389.34, a P/E/G ratio of 8.80 and a beta of 1.34. The business has a fifty day simple moving average of $35.98 and a two-hundred day simple moving average of $32.22. Samsara Inc. has a 12 month low of $23.38 and a 12 month high of $47.47.

Samsara (NYSE:IOT) last announced its earnings results on Thursday, June 4th. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The firm 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 company’s quarterly revenue was up 30.5% on a year-over-year basis. During the same quarter in the previous year, the business 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. Analysts predict that Samsara Inc. will post 0.15 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on IOT shares. Truist Financial raised their target price on shares of Samsara from $30.00 to $38.00 and gave the company a “hold” rating in a research note on Wednesday. Zacks Research cut Samsara from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 5th. Weiss Ratings upgraded Samsara from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, August 11th. TD Cowen lifted their price objective on Samsara from $45.00 to $48.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Wells Fargo & Company boosted their target price on Samsara from $46.00 to $50.00 and gave the stock an “overweight” rating in a report on Friday, June 5th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Samsara presently has a consensus rating of “Moderate Buy” and a consensus price target of $46.39.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of IOT. Lazard Asset Management LLC grew its holdings in Samsara by 2.0% during the 3rd quarter. Lazard Asset Management LLC now owns 13,971 shares of the company’s stock valued at $520,000 after purchasing an additional 279 shares during the last quarter. Cim LLC lifted its stake in Samsara by 1.0% in the third quarter. Cim LLC now owns 32,700 shares of the company’s stock worth $1,218,000 after purchasing an additional 326 shares during the last quarter. Empowered Funds LLC lifted its stake in Samsara by 3.4% in the first quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock worth $390,000 after purchasing an additional 335 shares during the last quarter. IFG Advisory LLC boosted its position in shares of Samsara by 0.8% during the fourth quarter. IFG Advisory LLC now owns 44,814 shares of the company’s stock valued at $1,589,000 after buying an additional 372 shares during the period. Finally, Summit Financial LLC boosted its position in shares of Samsara by 1.4% during the fourth quarter. Summit Financial LLC now owns 29,487 shares of the company’s stock valued at $1,045,000 after buying an additional 419 shares during the period. 96.02% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Samsara

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Samsara launched a Fuel Command Center designed to help fleets monitor fuel spending and control operating costs amid volatile fuel prices. The offering could strengthen Samsara’s value proposition and support customer demand by helping businesses improve efficiency. Samsara Launches Fuel Command Center to Help Fleets Control Costs Amid Price Volatility
• Neutral Sentiment: Recent commentary noted that IOT shares rose despite a broader market decline, indicating relative strength and investor interest in the company. However, the article provided no major new earnings estimate, contract, or guidance change. Samsara Inc. Increases Despite Market Slip
• Negative Sentiment: CEO Sanjit Biswas and insider John Bicket each sold approximately 263,900 shares of Samsara stock from August 18 through August 20, with combined proceeds of roughly $21.1 million. The transactions reduce their direct holdings substantially and may concern investors because insider selling can be interpreted as limited conviction or create additional supply in the market. All of the sales were executed under pre-arranged Rule 10b5-1 trading plans, which reduces—but does not eliminate—their negative signaling effect. SEC Insider Trading Filing for John Bicket

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.