Samsara (NYSE:IOT) Insider John Bicket Sells 36,579 Shares of Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 36,579 shares of the company’s stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $37.50, for a total value of $1,371,712.50. Following the completion of the transaction, the insider owned 903,173 shares of the company’s stock, valued at $33,868,987.50. The trade was a 3.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

John Bicket also recently made the following trade(s):

• On Tuesday, September 23rd, John Bicket sold 133,421 shares of Samsara stock. The shares were sold at an average price of $38.97, for a total transaction of $5,199,416.37.
• On Wednesday, September 3rd, John Bicket sold 40,320 shares of Samsara stock. The shares were sold at an average price of $35.61, for a total transaction of $1,435,795.20.
• On Tuesday, September 2nd, John Bicket sold 129,680 shares of Samsara stock. The stock was sold at an average price of $35.37, for a total transaction of $4,586,781.60.
• On Wednesday, August 20th, John Bicket sold 67,349 shares of Samsara stock. The shares were sold at an average price of $32.64, for a total transaction of $2,198,271.36.
• On Tuesday, August 19th, John Bicket sold 102,651 shares of Samsara stock. The stock was sold at an average price of $33.44, for a total transaction of $3,432,649.44.
• On Wednesday, August 6th, John Bicket sold 37,632 shares of Samsara stock. The shares were sold at an average price of $36.15, for a total value of $1,360,396.80.
• On Tuesday, August 5th, John Bicket sold 132,368 shares of Samsara stock. The shares were sold at an average price of $36.23, for a total value of $4,795,692.64.
• On Wednesday, July 23rd, John Bicket sold 45,952 shares of Samsara stock. The stock was sold at an average price of $38.67, for a total value of $1,776,963.84.
• On Tuesday, July 22nd, John Bicket sold 124,048 shares of Samsara stock. The shares were sold at an average price of $37.88, for a total value of $4,698,938.24.
• On Wednesday, July 9th, John Bicket sold 56,113 shares of Samsara stock. The shares were sold at an average price of $39.22, for a total value of $2,200,751.86.

Samsara Price Performance

Samsara stock opened at $38.52 on Friday. The firm has a market capitalization of $22.10 billion, a P/E ratio of -240.76 and a beta of 1.61. The stock has a fifty day moving average price of $36.83 and a two-hundred day moving average price of $39.23. Samsara Inc. has a 52-week low of $31.40 and a 52-week high of $61.90.

Samsara (NYSE:IOT) last issued its earnings results on Thursday, September 4th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.07 by $0.05. The company had revenue of $391.48 million for the quarter, compared to the consensus estimate of $372.22 million. Samsara had a negative net margin of 6.16% and a negative return on equity of 7.53%. The firm’s revenue for the quarter was up 30.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.05 EPS. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. On average, equities research analysts predict that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently weighed in on IOT. Wells Fargo & Company raised their price objective on shares of Samsara from $48.00 to $50.00 and gave the stock an “overweight” rating in a report on Friday, June 6th. Royal Bank Of Canada boosted their target price on Samsara from $44.00 to $46.00 and gave the stock an “outperform” rating in a report on Friday, September 5th. Evercore ISI set a $45.00 price target on Samsara in a report on Wednesday, June 25th. Truist Financial lifted their price objective on Samsara from $35.00 to $39.00 and gave the company a “hold” rating in a research report on Friday, September 5th. Finally, BMO Capital Markets lowered their target price on Samsara from $54.00 to $47.00 and set an “outperform” rating for the company in a research note on Friday, September 5th. Eight research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $49.38.

Institutional Investors Weigh In On Samsara

Several hedge funds and other institutional investors have recently made changes to their positions in IOT. Brighton Jones LLC acquired a new position in shares of Samsara during the fourth quarter valued at $13,464,000. Tidal Investments LLC raised its holdings in Samsara by 4.6% during the 4th quarter. Tidal Investments LLC now owns 6,403 shares of the company’s stock worth $280,000 after purchasing an additional 281 shares during the last quarter. Vident Advisory LLC lifted its position in Samsara by 33.6% during the 4th quarter. Vident Advisory LLC now owns 8,591 shares of the company’s stock valued at $375,000 after purchasing an additional 2,162 shares during the period. Toronto Dominion Bank boosted its stake in shares of Samsara by 10.9% in the 4th quarter. Toronto Dominion Bank now owns 29,435 shares of the company’s stock valued at $1,286,000 after purchasing an additional 2,899 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Samsara during the 4th quarter worth approximately $1,100,000. 96.02% of the stock is owned by institutional investors and hedge funds.

Samsara Company Profile

Samsara Inc provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.