Sanjit Biswas Sells 145,848 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOT) insider Sanjit Biswas sold 145,848 shares of the company’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $37.85, for a total transaction of $5,520,346.80. Following the completion of the sale, the insider owned 12,000 shares of the company’s stock, valued at approximately $454,200. The trade was a 92.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Wednesday, December 3rd, Sanjit Biswas sold 14,152 shares of Samsara stock. The shares were sold at an average price of $38.10, for a total transaction of $539,191.20.
• On Wednesday, November 19th, Sanjit Biswas sold 36,664 shares of Samsara stock. The stock was sold at an average price of $36.13, for a total transaction of $1,324,670.32.
• On Tuesday, November 18th, Sanjit Biswas sold 123,336 shares of Samsara stock. The stock was sold at an average price of $36.50, for a total transaction of $4,501,764.00.
• On Wednesday, November 5th, Sanjit Biswas sold 10,937 shares of Samsara stock. The stock was sold at an average price of $38.38, for a total transaction of $419,762.06.
• On Tuesday, November 4th, Sanjit Biswas sold 149,063 shares of Samsara stock. The stock was sold at an average price of $38.94, for a total value of $5,804,513.22.
• On Tuesday, October 21st, Sanjit Biswas sold 160,000 shares of Samsara stock. The shares were sold at an average price of $38.63, for a total value of $6,180,800.00.
• On Tuesday, October 7th, Sanjit Biswas sold 160,000 shares of Samsara stock. The shares were sold at an average price of $38.36, for a total value of $6,137,600.00.
• On Wednesday, September 24th, Sanjit Biswas sold 26,590 shares of Samsara stock. The stock was sold at an average price of $37.60, for a total value of $999,784.00.
• On Tuesday, September 23rd, Sanjit Biswas sold 133,410 shares of Samsara stock. The stock was sold at an average price of $38.97, for a total value of $5,198,987.70.

Samsara Price Performance

Shares of NYSE:IOT opened at $40.73 on Friday. Samsara Inc. has a 1 year low of $31.40 and a 1 year high of $61.90. The company has a market capitalization of $23.36 billion, a PE ratio of -254.56 and a beta of 1.61. The business has a fifty day moving average price of $38.31 and a two-hundred day moving average price of $38.83.

Samsara (NYSE:IOT) last issued its quarterly earnings results on Thursday, December 4th. The company reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.03. The company had revenue of $415.98 million for the quarter, compared to the consensus estimate of $398.92 million. Samsara had a negative net margin of 6.16% and a negative return on equity of 7.53%. The firm’s quarterly revenue was up 29.2% on a year-over-year basis. During the same period in the previous year, the firm 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. Sell-side analysts anticipate that Samsara Inc. will post -0.3 earnings per share for the current year.

Hedge Funds Weigh In On Samsara

Several hedge funds have recently made changes to their positions in IOT. Catalyst Capital Advisors LLC purchased a new stake in Samsara during the 2nd quarter valued at about $28,000. Versant Capital Management Inc raised its holdings in Samsara by 6,078.6% in the third quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock worth $32,000 after buying an additional 851 shares during the last quarter. Family Legacy Financial Solutions LLC purchased a new position in Samsara in the second quarter worth about $40,000. AlphaQuest LLC lifted 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 buying an additional 873 shares in the last quarter. Finally, Whipplewood Advisors LLC grew its holdings 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. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on IOT shares. Morgan Stanley increased their target price on shares of Samsara from $50.00 to $53.00 and gave the company an “equal weight” rating in a research report on Monday, September 8th. BMO Capital Markets reduced their price objective on Samsara from $54.00 to $47.00 and set an “outperform” rating for the company in a report on Friday, September 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Samsara in a research note on Wednesday, October 8th. Wall Street Zen downgraded Samsara from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Finally, Craig Hallum raised Samsara from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $42.00 to $48.00 in a report on Friday, September 5th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Samsara currently has a consensus rating of “Hold” and a consensus target price of $48.40.

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.