Insider Selling: Samsara (NYSE:IOT) Insider Sells $2,074,527.84 in Stock

Posted by Patrick Bannon on May 3rd, 2026

Samsara Inc. (NYSE:IOT – Get Free Report) insider John Bicket sold 72,816 shares of the company’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $28.49, for a total transaction of $2,074,527.84. Following the completion of the transaction, the insider owned 569,828 shares of the company’s stock, valued at approximately $16,234,399.72. This trade represents a 11.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

John Bicket also recently made the following trade(s):

On Wednesday, April 29th, John Bicket sold 87,227 shares of Samsara stock. The stock was sold at an average price of $29.05, for a total transaction of $2,533,944.35.
On Tuesday, April 28th, John Bicket sold 103,857 shares of Samsara stock. The stock was sold at an average price of $29.50, for a total transaction of $3,063,781.50.
On Wednesday, April 15th, John Bicket sold 96,690 shares of Samsara stock. The stock was sold at an average price of $27.98, for a total transaction of $2,705,386.20.
On Tuesday, April 14th, John Bicket sold 167,210 shares of Samsara stock. The stock was sold at an average price of $26.60, for a total transaction of $4,447,786.00.
On Thursday, April 2nd, John Bicket sold 10,009 shares of Samsara stock. The shares were sold at an average price of $30.96, for a total transaction of $309,878.64.
On Wednesday, April 1st, John Bicket sold 116,486 shares of Samsara stock. The shares were sold at an average price of $31.80, for a total transaction of $3,704,254.80.
On Tuesday, March 31st, John Bicket sold 137,405 shares of Samsara stock. The shares were sold at an average price of $31.44, for a total transaction of $4,320,013.20.
On Tuesday, February 17th, John Bicket sold 263,900 shares of Samsara stock. The shares were sold at an average price of $25.87, for a total transaction of $6,827,093.00.
On Wednesday, February 4th, John Bicket sold 208,536 shares of Samsara stock. The shares were sold at an average price of $25.20, for a total transaction of $5,255,107.20.
On Tuesday, February 3rd, John Bicket sold 55,364 shares of Samsara stock. The shares were sold at an average price of $25.23, for a total transaction of $1,396,833.72.

Samsara Trading Up 6.2%

Shares of Samsara stock opened at $30.53 on Friday. The firm has a market capitalization of $17.73 billion, a PE ratio of -1,525.49, a P/E/G ratio of 11.18 and a beta of 1.29. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $48.40. The firm’s 50-day moving average price is $30.36 and its 200 day moving average price is $33.68.

Samsara (NYSE:IOT – Get Free Report) last issued its quarterly earnings results on Thursday, March 5th. The company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.05. The firm had revenue of $444.30 million for the quarter, compared to analyst estimates of $422.29 million. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. Samsara’s quarterly revenue was up 28.3% compared to the same quarter last year. During the same period last year, the company posted $0.11 EPS. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. On average, sell-side analysts predict that Samsara Inc. will post 0.06 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

IOT has been the topic of a number of research reports. BTIG Research decreased their price target on shares of Samsara from $55.00 to $45.00 and set a “buy” rating on the stock in a research note on Friday, March 6th. Royal Bank Of Canada increased their price objective on shares of Samsara from $35.00 to $41.00 and gave the company an “outperform” rating in a report on Friday, March 6th. The Goldman Sachs Group set a $45.00 price objective on shares of Samsara in a report on Monday, March 2nd. TD Cowen reiterated a “buy” rating on shares of Samsara in a report on Monday, March 2nd. Finally, Evercore reiterated an “outperform” rating on shares of Samsara in a report on Friday, March 6th. Two 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.com, Samsara has an average rating of “Moderate Buy” and an average target price of $46.18.

Read Our Latest Stock Analysis on Samsara

Trending Headlines about Samsara

Here are the key news stories impacting Samsara this week:

Positive Sentiment: Quarterly results and guidance supported fundamentals — Samsara beat EPS and revenue in its most recent report and set FY/FY‑quarter guidance that keeps the growth narrative intact. This underpins investor confidence in recurring‑revenue momentum. Samsara Shows What Happens When Fundamentals Beat Fear
Positive Sentiment: TIME100 recognition in Manufacturing & Logistics — a branding/validation boost that can help enterprise sales cycles and market credibility for Samsara’s Connected Operations platform. Samsara Named to TIME100 Most Influential Companies List
Positive Sentiment: New industry study highlights a large addressable problem — reported average equipment theft/loss costs (~$13.2M for large operations) that can drive demand for Samsara’s asset‑tracking and security offerings. That strengthens the revenue opportunity thesis. Samsara Study Reveals Equipment Theft and Loss Costs
Neutral Sentiment: Short‑term market commentary flagged an intraday pullback in a prior session — mostly a sentiment/flow item rather than new fundamental news. Useful to monitor volatility but not a new catalyst. Samsara Inc. (IOT) Stock Sinks As Market Gains
Neutral Sentiment: Customer wins / ecosystem traction (e.g., First Student coverage tied to the TIME100 list) support the narrative but are not an immediate earnings catalyst. First Student Named to TIME100 Most Influential Companies List
Negative Sentiment: Large, pre‑arranged insider sales by co‑founders (Sanjit Biswas and John Bicket) — executed across April 28–30 via 10b5‑1 plans — have released roughly ~527,800 shares (~$15M+ proceeds at the trade prices shown) into the market. Multiple filings show steep reductions in their held lots; while planned, these sales increase float and can create near‑term selling pressure and headline risk. SEC filings: Form 4 (Bicket filing) and Form 4 (Biswas filing)

Institutional Trading of Samsara

A number of hedge funds have recently bought and sold shares of IOT. Baillie Gifford & Co. raised its holdings in Samsara by 15.0% in the 4th quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock valued at $1,689,565,000 after acquiring an additional 6,208,553 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Samsara by 58.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock worth $421,079,000 after buying an additional 4,401,082 shares during the last quarter. Norges Bank acquired a new stake in shares of Samsara during the 4th quarter worth approximately $127,415,000. Vanguard Group Inc. increased its holdings in shares of Samsara by 11.5% during the 4th quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock worth $1,174,620,000 after buying an additional 3,417,849 shares during the last quarter. Finally, Brown Advisory Inc. increased its holdings in shares of Samsara by 42.1% during the 4th quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock worth $397,536,000 after buying an additional 3,322,023 shares during the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

About Samsara

(Get Free Report)

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.