Samsara (NYSE:IOT) Insider Adam Eltoukhy Sells 18,952 Shares of Stock

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 18,952 shares of the business’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $40.72, for a total value of $771,725.44. Following the transaction, the insider directly owned 246,675 shares of the company’s stock, valued at approximately $10,044,606. This represents a 7.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Adam Eltoukhy also recently made the following trade(s):

• On Wednesday, December 10th, Adam Eltoukhy sold 9,498 shares of Samsara stock. The shares were sold at an average price of $44.45, for a total transaction of $422,186.10.
• On Thursday, November 20th, Adam Eltoukhy sold 4,767 shares of Samsara stock. The stock was sold at an average price of $36.04, for a total transaction of $171,802.68.
• On Monday, October 20th, Adam Eltoukhy sold 4,767 shares of Samsara stock. The shares were sold at an average price of $37.16, for a total transaction of $177,141.72.
• On Monday, September 22nd, Adam Eltoukhy sold 4,767 shares of Samsara stock. The shares were sold at an average price of $39.40, for a total transaction of $187,819.80.

Samsara Trading Down 1.8%

Samsara stock opened at $38.95 on Wednesday. The company has a fifty day simple moving average of $38.99 and a 200-day simple moving average of $38.52. The stock has a market cap of $22.34 billion, a P/E ratio of -486.88 and a beta of 1.61. Samsara Inc. has a 12-month low of $31.40 and a 12-month high of $61.90.

Samsara (NYSE:IOT) last posted its earnings results on Thursday, December 4th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.11). The business had revenue of $415.98 million during the quarter, compared to analysts’ expectations of $398.92 million. Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. The business’s quarterly revenue was up 29.2% compared to the same quarter last year. During the same period last year, the company 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. As a group, sell-side analysts forecast that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Samsara

A number of hedge funds have recently modified their holdings of the business. Catalyst Capital Advisors LLC acquired a new position in shares of Samsara in the 2nd quarter valued at $28,000. Versant Capital Management Inc grew its position in Samsara by 6,078.6% during 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 during the last quarter. AlphaQuest LLC increased its stake in Samsara by 519.6% in the first quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock valued at $40,000 after purchasing an additional 873 shares during the period. Family Legacy Financial Solutions LLC purchased a new stake in shares of Samsara in the second quarter valued at about $40,000. Finally, Whipplewood Advisors LLC boosted its stake in shares of Samsara by 349.8% during the second quarter. Whipplewood Advisors LLC now owns 1,093 shares of the company’s stock worth $43,000 after buying an additional 850 shares during the period. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. KeyCorp began coverage on Samsara in a research report on Tuesday, December 9th. They set an “overweight” rating and a $55.00 target price on the stock. JPMorgan Chase & Co. raised their price objective on shares of Samsara from $46.00 to $48.00 and gave the stock a “neutral” rating in a report on Friday, December 5th. Jefferies Financial Group set a $57.00 price objective on shares of Samsara in a research report on Wednesday, December 10th. 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. Finally, TD Cowen boosted their price target on shares of Samsara from $49.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, December 5th. Eleven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Samsara currently has an average rating of “Moderate Buy” and a consensus target price of $51.53.

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.