Benjamin Louis Kirchhoff Sells 2,549 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOT) CAO Benjamin Louis Kirchhoff sold 2,549 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $33.74, for a total value of $86,003.26. Following the transaction, the chief accounting officer owned 167,269 shares of the company’s stock, valued at $5,643,656.06. This trade represents a 1.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Benjamin Louis Kirchhoff also recently made the following trade(s):

• On Wednesday, May 13th, Benjamin Louis Kirchhoff sold 2,554 shares of Samsara stock. The stock was sold at an average price of $27.47, for a total transaction of $70,158.38.
• On Monday, April 13th, Benjamin Louis Kirchhoff sold 2,480 shares of Samsara stock. The stock was sold at an average price of $26.02, for a total transaction of $64,529.60.

Samsara Stock Up 0.4%

Shares of NYSE IOT opened at $31.73 on Friday. The business has a fifty day simple moving average of $30.91 and a two-hundred day simple moving average of $32.18. The firm has a market cap of $18.43 billion, a PE ratio of 317.34, a price-to-earnings-growth ratio of 7.38 and a beta of 1.34. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $47.47.

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

Analyst Ratings Changes

Several brokerages have recently issued reports on IOT. Royal Bank Of Canada raised their price objective on Samsara from $41.00 to $42.00 and gave the stock an “outperform” rating in a research note on Friday, June 5th. BTIG Research reiterated a “buy” rating and issued a $45.00 target price on shares of Samsara in a research report on Friday, June 5th. The Goldman Sachs Group set a $45.00 price target on shares of Samsara in a research report on Monday, March 2nd. Wells Fargo & Company lifted their price objective on shares of Samsara from $46.00 to $50.00 and gave the company an “overweight” rating in a research note on Friday, June 5th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $40.00 price objective (up from $39.00) on shares of Samsara in a research note on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Samsara currently has an average rating of “Moderate Buy” and an average target price of $46.53.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of IOT. Acumen Wealth Advisors LLC purchased a new stake in Samsara in the fourth quarter valued at $28,000. Caitong International Asset Management Co. Ltd grew its holdings in shares of Samsara by 312.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock worth $31,000 after purchasing an additional 669 shares during the period. AlphaCentric Advisors LLC acquired a new stake in shares of Samsara during the 4th quarter worth about $36,000. Optiver Holding B.V. increased its position 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 purchasing an additional 1,058 shares during the last quarter. Finally, IFP Advisors Inc raised its holdings in Samsara by 194.4% in the 3rd quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock valued at $47,000 after buying an additional 828 shares during the period. 96.02% of the stock is owned by hedge funds and other institutional investors.

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.