Samsara (NYSE:IOT) Insider John Bicket Sells 245,925 Shares of Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 245,925 shares of the company’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $36.77, for a total transaction of $9,042,662.25. Following the sale, the insider directly owned 94,000 shares in the company, valued at $3,456,380. This trade represents a 72.35% decrease in their position. The sale 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.

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

• On Wednesday, July 8th, John Bicket sold 17,975 shares of Samsara stock. The stock was sold at an average price of $35.11, for a total value of $631,102.25.
• 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.
• On Wednesday, May 27th, John Bicket sold 129,021 shares of Samsara stock. The shares were sold at an average price of $30.02, for a total value of $3,873,210.42.
• On Tuesday, May 26th, John Bicket sold 104,534 shares of Samsara stock. The stock was sold at an average price of $31.10, for a total value of $3,251,007.40.
• On Wednesday, May 13th, John Bicket sold 95,673 shares of Samsara stock. The stock was sold at an average price of $27.47, for a total value of $2,628,137.31.
• On Tuesday, May 12th, John Bicket sold 168,227 shares of Samsara stock. The shares were sold at an average price of $28.58, for a total transaction of $4,807,927.66.
• On Thursday, April 30th, John Bicket sold 72,816 shares of Samsara stock. The shares were sold at an average price of $28.49, for a total transaction of $2,074,527.84.
• On Wednesday, April 29th, John Bicket sold 87,227 shares of Samsara stock. The shares were sold at an average price of $29.05, for a total value of $2,533,944.35.
• On Tuesday, April 28th, John Bicket sold 103,857 shares of Samsara stock. The stock was sold at an average price of $29.50, for a total value of $3,063,781.50.
• On Wednesday, April 15th, John Bicket sold 96,690 shares of Samsara stock. The stock was sold at an average price of $27.98, for a total value of $2,705,386.20.

Samsara Stock Up 1.4%

IOT traded up $0.50 during trading on Thursday, hitting $36.94. 4,184,582 shares of the company’s stock were exchanged, compared to its average volume of 7,315,590. The business’s 50 day moving average is $32.11 and its two-hundred day moving average is $31.43. Samsara Inc. has a fifty-two week low of $23.38 and a fifty-two week high of $47.47. The stock has a market cap of $21.52 billion, a P/E ratio of 369.40, a PEG ratio of 8.52 and a beta of 1.35.

Samsara (NYSE:IOT) last issued its quarterly earnings data on Thursday, June 4th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The firm had revenue of $478.84 million during 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 business’s revenue was up 30.5% on a year-over-year basis. During the same period last year, the company earned $0.11 earnings per share. 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, sell-side analysts forecast that Samsara Inc. will post 0.15 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on IOT shares. KeyCorp reiterated an “overweight” rating on shares of Samsara in a research note on Friday, June 26th. Royal Bank Of Canada raised their target price on Samsara from $41.00 to $42.00 and gave the company an “outperform” rating in a report on Friday, June 5th. Wells Fargo & Company upped their price target on Samsara from $46.00 to $50.00 and gave the stock an “overweight” rating in a report on Friday, June 5th. Zacks Research cut Samsara from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 5th. Finally, Weiss Ratings upgraded shares of Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a research note on Monday, June 15th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Samsara currently has a consensus rating of “Moderate Buy” and an average price target of $45.94.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Nordea Investment Management AB increased its holdings in shares of Samsara by 18.8% in the fourth quarter. Nordea Investment Management AB now owns 2,467,232 shares of the company’s stock worth $88,228,000 after purchasing an additional 389,751 shares during the period. USS Investment Management Ltd purchased a new position in Samsara during the first quarter worth about $28,232,000. Delta Global Management LP bought a new position in Samsara in the 3rd quarter worth about $2,323,000. Allen Operations LLC raised its holdings in shares of Samsara by 83.3% in 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 in the last quarter. Finally, Geode Capital Management LLC boosted its position 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 valued at $219,035,000 after acquiring an additional 935,855 shares during the last quarter. 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.