Samsara (NYSE:IOT) Insider John Bicket Sells 61,352 Shares of Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 61,352 shares of the business’s stock in a transaction on Wednesday, July 22nd. The shares were sold at an average price of $33.87, for a total value of $2,077,992.24. Following the completion of the sale, the insider directly owned 1,550,795 shares in the company, valued at approximately $52,525,426.65. This represents a 3.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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 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 transaction of $7,455,791.88.
• 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 transaction 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 transaction of $9,042,662.25.
• On Thursday, May 28th, John Bicket sold 30,345 shares of Samsara stock. The stock was 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 shares were 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 stock was sold at an average price of $28.58, for a total value 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 value 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.

Samsara Trading Up 5.4%

NYSE IOT traded up $1.90 on Tuesday, hitting $37.24. 1,381,163 shares of the company were exchanged, compared to its average volume of 7,106,801. Samsara Inc. has a 1-year low of $23.38 and a 1-year high of $47.47. The firm has a 50 day moving average of $33.87 and a two-hundred day moving average of $31.42. The company has a market cap of $21.70 billion, a P/E ratio of 373.34, a P/E/G ratio of 7.43 and a beta of 1.35.

Samsara (NYSE:IOT) last posted its quarterly earnings data 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 net margin of 3.32% and a return on equity of 2.00%. The firm had revenue of $478.84 million during the quarter, compared to analysts’ expectations of $455.21 million. During the same quarter last year, the company posted $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. Research analysts anticipate that Samsara Inc. will post 0.15 EPS for the current fiscal year.

Analysts Set New Price Targets

IOT has been the subject of several research reports. Royal Bank Of Canada lifted their target price on Samsara from $41.00 to $42.00 and gave the company an “outperform” rating in a research note on Friday, June 5th. Weiss Ratings raised Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a report on Monday, June 15th. KeyCorp restated an “overweight” rating on shares of Samsara in a research report on Friday, June 26th. BTIG Research reaffirmed a “buy” rating and issued a $45.00 target price on shares of Samsara in a research note on Friday, June 26th. Finally, Morgan Stanley set a $43.00 price target on shares of Samsara in a research report on Tuesday, July 21st. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $45.33.

Hedge Funds Weigh In On Samsara

Several hedge funds have recently added to or reduced their stakes in IOT. Acumen Wealth Advisors LLC bought a new position in Samsara during the fourth quarter worth about $28,000. Caitong International Asset Management Co. Ltd raised its position in shares of Samsara by 312.6% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock valued at $31,000 after acquiring an additional 669 shares during the period. AlphaCentric Advisors LLC bought a new position in Samsara during the 4th quarter worth approximately $36,000. IFP Advisors Inc increased its stake in Samsara by 194.4% in the third quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock valued at $47,000 after purchasing an additional 828 shares in the last quarter. Finally, Los Angeles Capital Management LLC acquired a new stake in Samsara in the fourth quarter worth $52,000. Institutional investors and hedge funds own 96.02% of the company’s stock.

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.