Samsara (NYSE:IOT) Director Jonathan Chadwick Sells 10,000 Shares

Samsara Inc. (NYSE:IOT) Director Jonathan Chadwick sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $33.47, for a total value of $334,700.00. Following the completion of the transaction, the director directly owned 43,865 shares of the company’s stock, valued at $1,468,161.55. This represents a 18.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Samsara Price Performance

Samsara stock opened at $31.60 on Thursday. The business has a 50 day moving average of $30.89 and a 200-day moving average of $32.22. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $47.47. The company has a market capitalization of $18.35 billion, a P/E ratio of 316.04, a P/E/G ratio of 7.63 and a beta of 1.34.

Samsara (NYSE:IOT) last released its quarterly earnings data on Thursday, June 4th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.04. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The company had revenue of $478.84 million during the quarter, compared to the consensus estimate of $455.21 million. During the same quarter in the prior year, the firm posted $0.11 earnings per share. The firm’s 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. Equities analysts anticipate that Samsara Inc. will post 0.15 EPS for the current year.

Wall Street Analyst Weigh In

IOT has been the subject of several recent research reports. Wells Fargo & Company upped their price objective on Samsara from $46.00 to $50.00 and gave the company an “overweight” 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 research note on Monday. Evercore reaffirmed an “outperform” rating on shares of Samsara in a research note on Friday, March 6th. The Goldman Sachs Group set a $45.00 target price on Samsara in a report on Monday, March 2nd. Finally, Zacks Research downgraded shares of Samsara from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Samsara has an average rating of “Moderate Buy” and an average target price of $46.53.

Institutional Trading of Samsara

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Acumen Wealth Advisors LLC acquired a new stake in Samsara during the 4th quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd increased its position in Samsara by 312.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock valued at $31,000 after purchasing an additional 669 shares during the period. AlphaCentric Advisors LLC acquired a new stake in Samsara during the 4th quarter valued at approximately $36,000. Optiver Holding B.V. boosted its holdings in shares of Samsara by 953.2% during the 3rd quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock worth $44,000 after buying an additional 1,058 shares in the last quarter. Finally, IFP Advisors Inc boosted its holdings in shares of Samsara by 194.4% during the 3rd quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock worth $47,000 after buying an additional 828 shares in the last quarter. Institutional investors and hedge funds 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.