Traders Purchase Large Volume of Samsara Call Options (NYSE:IOT)

Samsara Inc. (NYSE:IOT) was the target of unusually large options trading on Friday. Traders bought 22,155 call options on the company. This represents an increase of approximately 207% compared to the typical volume of 7,224 call options.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. BMO Capital Markets increased their price target on Samsara from $44.00 to $54.00 and gave the company an “outperform” rating in a research note on Friday, September 4th. Piper Sandler reaffirmed a “neutral” rating and set a $46.00 price objective (up from $40.00) on shares of Samsara in a research report on Friday, September 4th. Royal Bank Of Canada lifted their price objective on shares of Samsara from $50.00 to $55.00 and gave the stock an “outperform” rating in a research report on Friday, September 4th. Morgan Stanley upped their price objective on shares of Samsara from $43.00 to $49.00 and gave the company an “equal weight” rating in a report on Friday, September 4th. Finally, BTIG Research increased their price objective on shares of Samsara from $45.00 to $54.00 and gave the company a “buy” rating in a research report on Friday, September 4th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Samsara currently has a consensus rating of “Moderate Buy” and a consensus target price of $51.68.

Samsara Trading Down 7.2%

Shares of NYSE:IOT traded down $3.05 during trading on Friday, reaching $39.54. 5,331,951 shares of the stock were exchanged, compared to its average volume of 4,794,058. Samsara has a 12 month low of $23.38 and a 12 month high of $47.47. The firm has a market cap of $23.15 billion, a PE ratio of 247.12, a PEG ratio of 10.46 and a beta of 1.35. The stock has a 50-day moving average price of $39.95 and a 200-day moving average price of $35.26.

Samsara (NYSE:IOT) last posted its earnings results on Thursday, September 3rd. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.16 by $0.04. The company had revenue of $508.44 million for the quarter, compared to the consensus estimate of $483.29 million. Samsara had a return on equity of 4.13% and a net margin of 4.90%. The firm’s revenue for the quarter was up 29.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.12 earnings per share. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. On average, sell-side analysts expect that Samsara will post 0.13 earnings per share for the current fiscal year.

More Samsara News

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Tracking Label recognition: Samsara’s disposable Bluetooth Tracking Label was named to TIME’s Best Inventions of 2026 in the Logistics category. The award supports the company’s product innovation narrative and highlights expansion of its Connected Operations platform into shipment visibility. Samsara Tracking Label Named to TIME’s Best Inventions of 2026
• Neutral Sentiment: Unusually high call-option activity: Traders purchased 22,155 call options, roughly three times the average daily volume. This indicates elevated speculative interest and possible bullish positioning, although options activity does not necessarily translate into sustained buying of the shares.
• Neutral Sentiment: Underlying fundamentals remain constructive: Samsara’s latest quarterly results exceeded estimates, with revenue of $508.4 million, up 29.9% year over year, and EPS of $0.20 versus the $0.16 consensus. Recent company commentary also pointed to continued AI and product adoption, rather than an operational setback.
• Negative Sentiment: Large insider sales pressured sentiment: CEO and co-founder Sanjit Biswas and co-founder John Bicket each sold approximately 263,900 shares during October 13–15, worth about $11 million apiece. The transactions were executed under pre-arranged Rule 10b5-1 plans, which reduces their signaling value, but the size and concentration of the sales can still concern investors. SEC insider trading filing
• Negative Sentiment: Market and valuation pressure: A weaker Nasdaq and risk reduction across technology stocks created a difficult backdrop for high-growth software companies. With Samsara trading at a very elevated earnings multiple after rallying toward its 52-week high, investors appear more willing to lock in gains and reassess valuation.

Insider Transactions at Samsara

In other Samsara news, CEO Sanjit Biswas sold 202,617 shares of the business’s stock in a transaction that occurred on Tuesday, July 21st. The stock was sold at an average price of $36.81, for a total transaction of $7,458,331.77. Following the transaction, the chief executive officer owned 83,400 shares of the company’s stock, valued at $3,069,954. The trade was a 70.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Bicket sold 202,548 shares of the company’s stock in a transaction that occurred on Tuesday, July 21st. The shares were sold at an average price of $36.81, for a total value of $7,455,791.88. Following the completion of the sale, the insider owned 83,400 shares in the company, valued at $3,069,954. This represents a 70.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 2,762,104 shares of company stock valued at $107,384,678 in the last quarter. 35.13% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Wellington Management Group LLP boosted its position 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 valued at $302,494,000 after acquiring an additional 813,922 shares during the period. Bamco Inc. NY increased its position in Samsara by 21.9% during the fourth quarter. Bamco Inc. NY now owns 4,120,031 shares of the company’s stock worth $146,055,000 after acquiring an additional 741,200 shares during the period. Spyglass Capital Management LLC increased its position in Samsara by 4.7% during the second quarter. Spyglass Capital Management LLC now owns 3,085,655 shares of the company’s stock worth $100,068,000 after acquiring an additional 139,009 shares during the period. Bank of America Corp DE raised its stake in Samsara by 41.5% in the 1st quarter. Bank of America Corp DE now owns 2,710,202 shares of the company’s stock worth $85,886,000 after purchasing an additional 794,255 shares in the last quarter. Finally, Bessemer Group Inc. raised its stake in Samsara by 3.3% in the 1st quarter. Bessemer Group Inc. now owns 1,675,509 shares of the company’s stock worth $53,097,000 after purchasing an additional 53,576 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.

About Samsara

Samsara Inc is a technology company that provides connected operations solutions for organizations with physical operations. Its platform combines Internet of Things (IoT) hardware, cloud-based software and data analytics to help businesses monitor vehicles, equipment, worksites and mobile workforces.

The Samsara Connected Operations Cloud includes vehicle telematics, GPS tracking, video-based safety, routing and dispatch tools, equipment monitoring, workforce and workflow management, and compliance solutions.