Samsara (NYSE:IOT) Insider Adam Eltoukhy Sells 5,473 Shares

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 5,473 shares of Samsara stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $33.31, for a total transaction of $182,305.63. Following the sale, the insider owned 190,649 shares of the company’s stock, valued at approximately $6,350,518.19. This trade represents a 2.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• On Friday, February 20th, Adam Eltoukhy sold 4,688 shares of Samsara stock. The shares were sold at an average price of $26.79, for a total transaction of $125,591.52.
• On Tuesday, January 20th, Adam Eltoukhy sold 4,688 shares of Samsara stock. The stock was sold at an average price of $32.54, for a total transaction of $152,547.52.

Samsara Stock Up 0.1%

IOT stock traded up $0.05 during midday trading on Monday, hitting $33.18. The stock had a trading volume of 5,625,324 shares, compared to its average volume of 9,686,781. The company’s 50-day moving average price is $29.95 and its 200 day moving average price is $35.42. Samsara Inc. has a 12-month low of $23.38 and a 12-month high of $48.40.

Samsara (NYSE:IOT) last posted its quarterly earnings data on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.05. The business had revenue of $444.30 million for the quarter, compared to analysts’ expectations of $422.29 million. Samsara had a negative return on equity of 0.72% and a negative net margin of 0.56%.The business’s revenue was up 28.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.11 earnings per share. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. As a group, sell-side analysts expect that Samsara Inc. will post -0.3 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently weighed in on IOT. Evercore reiterated an “outperform” rating on shares of Samsara in a report on Friday, March 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Samsara in a research report on Thursday, January 22nd. Royal Bank Of Canada increased their price target on shares of Samsara from $35.00 to $41.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. Bank of America boosted their price objective on shares of Samsara from $53.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, December 5th. Finally, BNP Paribas Exane upgraded Samsara from a “neutral” rating to an “outperform” rating and set a $40.00 price objective for the company in a report on Thursday, January 15th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $46.18.

Hedge Funds Weigh In On Samsara

Several large investors have recently modified their holdings of the stock. Baillie Gifford & Co. raised its stake in Samsara by 15.0% during the fourth quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock valued at $1,689,565,000 after buying an additional 6,208,553 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Samsara by 58.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock valued at $421,079,000 after acquiring an additional 4,401,082 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Samsara by 18.3% during the 2nd quarter. Vanguard Group Inc. now owns 27,803,226 shares of the company’s stock valued at $1,106,012,000 after acquiring an additional 4,307,755 shares in the last quarter. Norges Bank bought a new position in Samsara during the fourth quarter worth $127,415,000. Finally, Brown Advisory Inc. lifted its stake in Samsara by 42.1% during the fourth quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock worth $397,536,000 after purchasing an additional 3,322,023 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.