Samsara Target of Unusually High Options Trading (NYSE:IOT)

Samsara Inc. (NYSE:IOT) saw unusually large options trading on Friday. Stock investors bought 13,395 call options on the stock. This is an increase of approximately 67% compared to the average daily volume of 8,020 call options.

Samsara Stock Performance

IOT stock traded up $1.75 during trading on Friday, hitting $40.50. 10,018,335 shares of the company traded hands, compared to its average volume of 6,880,013. The firm has a market capitalization of $23.60 billion, a PE ratio of 405.52, a P/E/G ratio of 8.26 and a beta of 1.35. Samsara has a 1 year low of $23.38 and a 1 year high of $47.47. The company has a 50-day moving average of $37.59 and a 200-day moving average of $33.17.

Samsara (NYSE:IOT) last released its quarterly earnings data on Thursday, September 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.04. Samsara had a net margin of 3.32% and a return on equity of 2.00%. The firm had revenue of $508.44 million for the quarter, compared to analysts’ expectations of $483.29 million. During the same quarter in the previous year, the company earned $0.12 earnings per share. The company’s revenue for the quarter was up 29.9% compared to the same quarter last year. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. Sell-side analysts expect that Samsara will post 0.15 EPS for the current year.

Insider Transactions at Samsara

In related news, Director Marc Andreessen sold 613,660 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $32.27, for a total value of $19,802,808.20. Following the transaction, the director directly owned 2,256,487 shares in the company, valued at approximately $72,816,835.49. This represents a 21.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider John Bicket sold 245,925 shares of the firm’s stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $36.77, for a total transaction of $9,042,662.25. Following the completion of the sale, the insider directly owned 94,000 shares in the company, valued at $3,456,380. This represents a 72.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 4,458,623 shares of company stock valued at $158,550,351. 35.13% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Samsara

A number of hedge funds and other institutional investors have recently bought and sold shares of IOT. California State Teachers Retirement System lifted its position in Samsara by 3,119.1% in the 2nd quarter. California State Teachers Retirement System now owns 15,704,422 shares of the company’s stock valued at $484,256,000 after acquiring an additional 15,216,568 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 worth $421,079,000 after purchasing an additional 4,401,082 shares in the last quarter. Brown Advisory Inc. raised its stake in shares of Samsara by 42.1% in 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. Wellington Management Group LLP raised its stake in shares of Samsara by 9.6% in the second quarter. Wellington Management Group LLP now owns 9,327,606 shares of the company’s stock worth $302,494,000 after purchasing an additional 813,922 shares during the last quarter. Finally, State Street Corp lifted its holdings in shares of Samsara by 15.8% during the fourth quarter. State Street Corp now owns 6,920,219 shares of the company’s stock valued at $245,322,000 after purchasing an additional 944,485 shares in the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Trending Headlines about Samsara

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Quarterly results exceeded expectations. Samsara reported adjusted earnings of $0.20 per share versus the $0.16 consensus estimate and revenue of $508.44 million versus expectations of $483.29 million. Revenue increased approximately 30% year over year, while earnings rose from $0.12 per share in the prior-year quarter. Samsara Reports Second Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Growth and enterprise adoption remained strong. Samsara said annual recurring revenue surpassed $2.1 billion, growing 30% year over year for the third consecutive quarter. Large enterprise ARR reportedly increased 50%, signaling continued adoption of its connected-operations platform by bigger customers. Samsara Crosses $2.1 Billion in ARR
• Positive Sentiment: Management raised or issued an outlook above key consensus measures. Fiscal 2027 EPS guidance of $0.76-$0.78 is above the $0.60 consensus estimate, while third-quarter revenue guidance of $514 million-$516 million exceeds the $509.8 million consensus. The company also outlined fiscal-year revenue of approximately $2.043 billion-$2.047 billion and a targeted 21% non-GAAP operating margin. Samsara Fiscal 2027 Revenue and Margin Outlook
• Positive Sentiment: Analysts became more bullish. BMO Capital Markets raised its price target from $44 to $54 and assigned an “outperform” rating. BTIG Research also increased its target from $45 to $54 and reiterated a “buy” rating. Both targets imply substantial upside from the recent $38.74 reference price.
• Neutral Sentiment: Valuation remains demanding. Samsara’s market capitalization is approximately $22.6 billion and its reported price-to-earnings ratio is above 380, leaving the stock sensitive to any slowdown in growth, weaker guidance, or disappointment regarding the company’s path to sustained profitability.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on IOT. BTIG Research lifted their price objective on shares of Samsara from $45.00 to $54.00 and gave the stock a “buy” rating in a report on Friday. Royal Bank Of Canada increased their target price on Samsara from $50.00 to $55.00 and gave the company an “outperform” rating in a research note on Friday. Bank of America restated a “buy” rating on shares of Samsara in a research report on Friday. Wolfe Research reaffirmed an “outperform” rating on shares of Samsara in a research note on Thursday, June 11th. Finally, Craig Hallum reiterated a “buy” rating on shares of Samsara in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $51.06.

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.