John Bicket Sells 24,162 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 24,162 shares of Samsara stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $38.15, for a total transaction of $921,780.30. Following the completion of the transaction, the insider owned 218,173 shares in the company, valued at approximately $8,323,299.95. The trade was a 9.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Tuesday, December 2nd, John Bicket sold 145,838 shares of Samsara stock. The shares were sold at an average price of $37.85, for a total transaction of $5,519,968.30.
• On Wednesday, November 19th, John Bicket sold 46,559 shares of Samsara stock. The stock was sold at an average price of $36.11, for a total value of $1,681,245.49.
• On Tuesday, November 18th, John Bicket sold 123,441 shares of Samsara stock. The shares were sold at an average price of $36.51, for a total value of $4,506,830.91.
• On Wednesday, November 5th, John Bicket sold 20,723 shares of Samsara stock. The shares were sold at an average price of $38.52, for a total value of $798,249.96.
• On Tuesday, November 4th, John Bicket sold 149,277 shares of Samsara stock. The stock was sold at an average price of $38.94, for a total value of $5,812,846.38.
• On Tuesday, October 21st, John Bicket sold 170,000 shares of Samsara stock. The shares were sold at an average price of $38.66, for a total value of $6,572,200.00.
• On Tuesday, October 7th, John Bicket sold 170,000 shares of Samsara stock. The stock was sold at an average price of $38.35, for a total value of $6,519,500.00.
• On Wednesday, September 24th, John Bicket sold 36,579 shares of Samsara stock. The stock was sold at an average price of $37.50, for a total value of $1,371,712.50.
• 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 value of $5,199,416.37.

Samsara Stock Up 4.4%

Shares of IOT stock opened at $40.73 on Friday. The firm has a market capitalization of $23.36 billion, a price-to-earnings ratio of -254.56 and a beta of 1.61. The stock has a fifty day moving average of $38.31 and a 200 day moving average of $38.83. Samsara Inc. has a 52 week low of $31.40 and a 52 week high of $61.90.

Samsara (NYSE:IOT) last issued its quarterly earnings data on Thursday, December 4th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.12 by $0.03. The business had revenue of $415.98 million during the quarter, compared to analyst estimates of $398.92 million. Samsara had a negative net margin of 6.16% and a negative return on equity of 7.53%. The company’s revenue for the quarter was up 29.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.07 EPS. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. Equities research analysts anticipate that Samsara Inc. will post -0.3 earnings per share for the current year.

Institutional Investors Weigh In On Samsara

A number of institutional investors have recently made changes to their positions in the company. Catalyst Capital Advisors LLC purchased a new position in Samsara in the 2nd quarter worth approximately $28,000. Versant Capital Management Inc increased its holdings in shares of Samsara by 6,078.6% in the 3rd quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock worth $32,000 after purchasing an additional 851 shares in the last quarter. AlphaQuest LLC raised its stake in shares of Samsara by 519.6% in the first quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock worth $40,000 after purchasing an additional 873 shares during the last quarter. Family Legacy Financial Solutions LLC bought a new position in shares of Samsara during the second quarter valued at $40,000. Finally, Whipplewood Advisors LLC boosted its position in shares of Samsara by 349.8% during the second quarter. Whipplewood Advisors LLC now owns 1,093 shares of the company’s stock valued at $43,000 after buying an additional 850 shares during the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Truist Financial increased their price target on shares of Samsara from $35.00 to $39.00 and gave the stock a “hold” rating in a research note on Friday, September 5th. BMO Capital Markets decreased their target price on shares of Samsara from $54.00 to $47.00 and set an “outperform” rating for the company in a research note on Friday, September 5th. Wells Fargo & Company set a $52.00 price target on Samsara and gave the stock an “overweight” rating in a research report on Friday. Craig Hallum raised Samsara from a “hold” rating to a “buy” rating and raised their price objective for the company from $42.00 to $48.00 in a research report on Friday, September 5th. Finally, Piper Sandler reiterated an “overweight” rating and set a $48.00 price objective on shares of Samsara in a research note on Friday, November 14th. Seven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Samsara has an average rating of “Hold” and an average target price of $48.40.

About Samsara

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.