Samsara (NYSE:IOT) Insider Adam Eltoukhy Sells 6,876 Shares

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 6,876 shares of the firm’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $39.82, for a total transaction of $273,802.32. Following the completion of the transaction, the insider directly owned 425,080 shares of the company’s stock, valued at approximately $16,926,685.60. This represents a 1.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Adam Eltoukhy also recently made the following trade(s):

• On Monday, July 27th, Adam Eltoukhy sold 3,653 shares of Samsara stock. The stock was sold at an average price of $34.95, for a total transaction of $127,672.35.
• On Monday, July 6th, Adam Eltoukhy sold 3,653 shares of Samsara stock. The shares were sold at an average price of $37.00, for a total transaction of $135,161.00.
• On Monday, June 29th, Adam Eltoukhy sold 2,039 shares of Samsara stock. The shares were sold at an average price of $32.08, for a total value of $65,411.12.
• On Monday, June 22nd, Adam Eltoukhy sold 1,614 shares of Samsara stock. The stock was sold at an average price of $32.21, for a total value of $51,986.94.

Samsara Stock Performance

Shares of IOT opened at $41.87 on Friday. The stock has a 50-day moving average of $36.74 and a two-hundred day moving average of $32.75. Samsara Inc. has a one year low of $23.38 and a one year high of $47.47. The stock has a market cap of $24.40 billion, a P/E ratio of 418.69, a P/E/G ratio of 8.95 and a beta of 1.34.

Samsara (NYSE:IOT) last posted its quarterly 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. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The business had revenue of $478.84 million for the quarter, compared to the consensus estimate of $455.21 million. During the same quarter in the previous year, the business earned $0.11 EPS. The company’s quarterly revenue was up 30.5% compared to the same quarter last year. 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 EPS for the current fiscal year.

Institutional Investors Weigh In On Samsara

Several hedge funds have recently bought and sold shares of the stock. Lazard Asset Management LLC increased its holdings in shares of 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 in the last quarter. Cim LLC lifted its stake in shares of Samsara by 1.0% in the 3rd quarter. Cim LLC now owns 32,700 shares of the company’s stock valued at $1,218,000 after purchasing an additional 326 shares during the period. Empowered Funds LLC boosted its holdings in Samsara by 3.4% during the first quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock worth $390,000 after buying an additional 335 shares in the last quarter. IFG Advisory LLC grew its position in 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 grew its position in 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. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on IOT shares. Zacks Research downgraded shares of Samsara from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. Truist Financial increased their price objective on shares of Samsara from $30.00 to $38.00 and gave the stock a “hold” rating in a research note on Wednesday, August 19th. Piper Sandler cut shares of Samsara from an “overweight” rating to a “neutral” rating and set a $40.00 target price for the company. in a report on Sunday, August 9th. Royal Bank Of Canada boosted their target price on shares of Samsara from $42.00 to $50.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. Finally, Jefferies Financial Group raised shares of Samsara to a “buy” rating in a report on Thursday, June 11th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $46.67.

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.