Samsara (NYSE:IOT) Stock: Insider Sanjit Biswas Sells 40,875 Shares

Posted by Kim Johansen on Oct 31st, 2026

Samsara Inc. (NYSE:IOT – Get Free Report) CEO Sanjit Biswas sold 40,875 shares of the stock in a transaction on Thursday, October 29th. The shares were sold at an average price of $41.57, for a total value of $1,699,173.75. Following the sale, the chief executive officer owned 461,835 shares in the company, valued at approximately $19,198,480.95. This trade represents a 8.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sanjit Biswas also recently made the following trade(s):

On Tuesday, October 27th, Sanjit Biswas sold 114,813 shares of Samsara stock. The stock was sold at an average price of $43.38, for a total value of $4,980,587.94.
On Wednesday, October 28th, Sanjit Biswas sold 108,212 shares of Samsara stock. The stock was sold at an average price of $42.97, for a total value of $4,649,869.64.
On Thursday, October 15th, Sanjit Biswas sold 65,402 shares of Samsara stock. The shares were sold at an average price of $42.27, for a total value of $2,764,542.54.
On Wednesday, October 14th, Sanjit Biswas sold 103,110 shares of Samsara stock. The shares were sold at an average price of $41.14, for a total value of $4,241,945.40.
On Tuesday, October 13th, Sanjit Biswas sold 95,388 shares of Samsara stock. The shares were sold at an average price of $41.87, for a total value of $3,993,895.56.
On Thursday, October 1st, Sanjit Biswas sold 21,129 shares of Samsara stock. The stock was sold at an average price of $38.81, for a total value of $820,016.49.
On Wednesday, September 30th, Sanjit Biswas sold 84,369 shares of Samsara stock. The shares were sold at an average price of $38.40, for a total transaction of $3,239,769.60.
On Tuesday, September 29th, Sanjit Biswas sold 158,402 shares of Samsara stock. The shares were sold at an average price of $37.74, for a total transaction of $5,978,091.48.
On Thursday, August 20th, Sanjit Biswas sold 35,366 shares of Samsara stock. The shares were 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 shares were sold at an average price of $39.94, for a total transaction of $3,717,575.26.

Samsara Price Performance

Samsara stock opened at $42.07 on Friday. Samsara Inc. has a 12-month low of $23.38 and a 12-month high of $47.47. The stock has a market capitalization of $24.64 billion, a P/E ratio of 262.94, a P/E/G ratio of 10.23 and a beta of 1.35. The firm’s 50-day moving average is $40.59 and its two-hundred day moving average is $34.31.

Samsara (NYSE:IOT – Get Free Report) last issued its quarterly earnings results on Thursday, September 3rd. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. The business had revenue of $508.44 million during the quarter, compared to the consensus estimate of $483.29 million. Samsara had a net margin of 4.90% and a return on equity of 4.13%. The company’s quarterly revenue was up 29.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.12 earnings per share. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. As a group, analysts forecast that Samsara Inc. will post 0.13 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have commented on IOT. Jefferies Financial Group started coverage on shares of Samsara in a research note on Sunday, October 4th. They issued a “buy” rating and a $50.00 target price for the company. BTIG Research boosted their price target on Samsara from $45.00 to $54.00 and gave the company a “buy” rating in a report on Friday, September 4th. Evercore reissued an “outperform” rating and set a $55.00 price target on shares of Samsara in a research note on Friday, September 4th. Guggenheim raised their price objective on Samsara from $45.00 to $51.00 and gave the stock a “buy” rating in a report on Friday, September 4th. Finally, Craig Hallum restated a “buy” rating and set a $54.00 price objective on shares of Samsara in a report on Friday, September 4th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $51.68.

Read Our Latest Report on IOT

Key Samsara News

Here are the key news stories impacting Samsara this week:

Positive Sentiment: Analysts remain constructive after Samsara’s latest quarterly results topped expectations, with revenue rising 29.9% year over year and EPS exceeding consensus. The average analyst price target is approximately $51.68, above the recent trading range. Samsara Just Answered the AI Question
Positive Sentiment: Institutional ownership remains high at roughly 96%, and several funds recently increased their positions, including Wellington Management, Bank of America and First Trust Advisors. This suggests continued professional-investor interest in Samsara’s connected-operations and fleet-management growth story. Samsara Shows What Happens When Fundamentals Beat Fear
Neutral Sentiment: Samsara and Together for Safer Roads launched a fleet-safety program for community food banks. The initiative may enhance the company’s brand and social-impact profile, but it is unlikely to materially affect near-term revenue or earnings. Together for Safer Roads and Samsara Launch Fleet Safety Program
Negative Sentiment: CEO Sanjit Biswas sold 263,900 shares from October 27–29, while co-founder John Bicket sold another 263,900 shares over the same period. Insider Adam Eltoukhy also sold 7,306 shares. The combined sales represent roughly $23 million of stock and create a meaningful supply and confidence overhang, even though scheduled 10b5-1 plans reduce the signal that the sales reflect deteriorating business expectations. Samsara Insider Selling Alert
Negative Sentiment: Samsara’s valuation remains demanding, with a price-to-earnings ratio above 260 and a PEG ratio above 10. That leaves IOT particularly sensitive to profit-taking, insider sales and any slowdown in its high-growth outlook. Samsara Falls More Steeply Than Broader Market

Institutional Trading of Samsara

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Bank of New York Mellon Corp acquired a new position in Samsara in the second quarter valued at $35,702,000. USS Investment Management Ltd purchased a new stake in Samsara during the first quarter valued at about $28,232,000. Wellington Management Group LLP grew its position in Samsara by 9.6% during the second quarter. Wellington Management Group LLP now owns 9,327,606 shares of the company’s stock valued at $302,494,000 after acquiring an additional 813,922 shares during the period. Bank of America Corp DE increased its stake in Samsara by 41.5% during the first quarter. Bank of America Corp DE now owns 2,710,202 shares of the company’s stock worth $85,886,000 after acquiring an additional 794,255 shares during the last quarter. Finally, Spyglass Capital Management LLC increased its stake in Samsara by 25.5% during the first quarter. Spyglass Capital Management LLC now owns 2,946,646 shares of the company’s stock worth $93,379,000 after acquiring an additional 599,651 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

About Samsara

(Get Free Report)

Samsara, Inc is a technology company that provides connected operations solutions for organizations with physical operations. Its Samsara Connected Operations Cloud combines Internet of Things (IoT) hardware, cloud-based software and data analytics to help businesses monitor vehicles, equipment, facilities and frontline operations.

The company’s products and services include vehicle telematics, GPS fleet tracking, AI-enabled dash cameras and video-based safety tools, equipment and asset monitoring, electronic logging and compliance solutions, routing and dispatch software, and maintenance and workforce-management applications.