Samsara (NYSE:IOT) Insider John Bicket Sells 93,365 Shares

Samsara Inc. (NYSE:IOT) insider John Bicket sold 93,365 shares of Samsara stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $39.93, for a total transaction of $3,728,064.45. Following the sale, the insider owned 271,100 shares of the company’s stock, valued at approximately $10,825,023. This represents a 25.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 20th, John Bicket sold 34,557 shares of Samsara stock. The shares were sold at an average price of $39.44, for a total transaction of $1,362,928.08.
• On Tuesday, August 18th, John Bicket sold 135,978 shares of Samsara stock. The stock was sold at an average price of $39.99, for a total transaction of $5,437,760.22.
• 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 shares were sold at an average price of $38.64, for a total transaction of $3,364,732.56.
• 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 value of $631,102.25.
• On Tuesday, July 7th, John Bicket sold 245,925 shares of Samsara stock. The shares were sold at an average price of $36.77, for a total value 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.

Samsara Trading Down 0.7%

IOT opened at $38.93 on Friday. The stock’s 50-day moving average price is $35.98 and its 200 day moving average price is $32.22. Samsara Inc. has a 12-month low of $23.38 and a 12-month high of $47.47. The firm has a market cap of $22.68 billion, a price-to-earnings ratio of 389.34, a PEG ratio of 8.80 and a beta of 1.34.

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

Wall Street Analyst Weigh In

IOT has been the topic of a number of research reports. Morgan Stanley set a $43.00 target price on shares of Samsara in a report on Tuesday, July 21st. Guggenheim started coverage on Samsara in a research report on Wednesday, July 22nd. They issued a “buy” rating and a $45.00 price target on the stock. Truist Financial lifted their price objective on shares of Samsara from $30.00 to $38.00 and gave the stock a “hold” rating in a research report on Wednesday. Piper Sandler downgraded Samsara from an “overweight” rating to a “neutral” rating and set a $40.00 price target for the company. in a report on Sunday, August 9th. Finally, Wells Fargo & Company lifted their price target on shares of Samsara from $46.00 to $50.00 and gave the stock an “overweight” rating in a research note on Friday, June 5th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $46.39.

Key Samsara News

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

Institutional Trading of Samsara

Institutional investors and hedge funds have recently bought and sold shares of the business. USS Investment Management Ltd acquired a new position in Samsara during the first quarter worth about $28,232,000. Allen Operations LLC lifted its position in shares of Samsara by 83.3% during the 4th quarter. Allen Operations LLC now owns 66,020 shares of the company’s stock valued at $2,340,000 after acquiring an additional 30,000 shares during the period. Spyglass Capital Management LLC lifted its position in shares of Samsara by 25.5% during the 1st quarter. Spyglass Capital Management LLC now owns 2,946,646 shares of the company’s stock valued at $93,379,000 after acquiring an additional 599,651 shares during the period. Geode Capital Management LLC boosted its stake in shares of Samsara by 17.8% during the 4th quarter. Geode Capital Management LLC now owns 6,196,703 shares of the company’s stock worth $219,035,000 after acquiring an additional 935,855 shares in the last quarter. Finally, Jordan Park Trust Co LLC boosted its stake 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 worth $135,913,000 after acquiring an additional 1,346,628 shares in the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

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.