Samsara (NYSE:IOT) CEO Sells 119,477 Shares

Samsara Inc. (NYSE:IOT) CEO Sanjit Biswas sold 119,477 shares of Samsara stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $38.34, for a total transaction of $4,580,748.18. Following the completion of the sale, the chief executive officer directly owned 72,800 shares of the company’s stock, valued at approximately $2,791,152. This trade represents a 62.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sanjit Biswas also recently made the following trade(s):

• On Thursday, August 6th, Sanjit Biswas sold 57,090 shares of Samsara stock. The stock was sold at an average price of $37.89, for a total transaction of $2,163,140.10.
• On Wednesday, August 5th, Sanjit Biswas sold 87,333 shares of Samsara stock. The shares were sold at an average price of $38.64, for a total value of $3,374,547.12.
• On Wednesday, July 22nd, Sanjit Biswas sold 61,283 shares of Samsara stock. The shares were sold at an average price of $33.87, for a total value of $2,075,655.21.
• On Tuesday, July 21st, Sanjit Biswas sold 202,617 shares of Samsara stock. The shares were sold at an average price of $36.81, for a total value of $7,458,331.77.
• On Wednesday, July 8th, Sanjit Biswas sold 19,095 shares of Samsara stock. The stock was sold at an average price of $35.09, for a total value of $670,043.55.
• On Tuesday, July 7th, Sanjit Biswas sold 244,805 shares of Samsara stock. The stock was sold at an average price of $36.77, for a total value of $9,001,479.85.
• On Thursday, May 28th, Sanjit Biswas sold 31,081 shares of Samsara stock. The shares were sold at an average price of $31.21, for a total value of $970,038.01.
• On Wednesday, May 27th, Sanjit Biswas sold 128,159 shares of Samsara stock. The shares were sold at an average price of $30.03, for a total value of $3,848,614.77.
• On Tuesday, May 26th, Sanjit Biswas sold 104,660 shares of Samsara stock. The stock was sold at an average price of $31.10, for a total value of $3,254,926.00.
• On Wednesday, May 13th, Sanjit Biswas sold 95,628 shares of Samsara stock. The stock was sold at an average price of $27.47, for a total value of $2,626,901.16.

Samsara Trading Down 1.3%

NYSE IOT traded down $0.52 during mid-day trading on Thursday, hitting $38.21. The company’s stock had a trading volume of 3,623,667 shares, compared to its average volume of 7,039,216. The firm has a market capitalization of $22.26 billion, a price-to-earnings ratio of 382.12, a PEG ratio of 8.67 and a beta of 1.34. The company’s 50 day simple moving average is $34.87 and its 200 day simple moving average is $31.59. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $47.47.

Samsara (NYSE:IOT) last released its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $455.21 million. During the same quarter in the prior year, the company posted $0.11 earnings per share. The business’s revenue was up 30.5% on a year-over-year basis. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. As a group, research analysts forecast that Samsara Inc. will post 0.15 EPS for the current year.

Analyst Ratings Changes

IOT has been the topic of several recent research reports. Wells Fargo & Company raised their price target on shares of Samsara from $46.00 to $50.00 and gave the company an “overweight” rating in a research report on Friday, June 5th. Zacks Research lowered Samsara from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. Wolfe Research reissued an “outperform” rating on shares of Samsara in a research note on Thursday, June 11th. KeyCorp restated an “overweight” rating on shares of Samsara in a report on Friday, June 26th. Finally, Morgan Stanley set a $43.00 target price on Samsara in a research report on Tuesday, July 21st. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Samsara currently has a consensus rating of “Moderate Buy” and a consensus price target of $45.33.

Institutional Investors Weigh In On Samsara

A number of institutional investors have recently added to or reduced their stakes in IOT. Lazard Asset Management LLC boosted its position in Samsara by 2.0% during the 3rd quarter. Lazard Asset Management LLC now owns 13,971 shares of the company’s stock valued at $520,000 after buying an additional 279 shares during the period. Cim LLC increased its position in shares of Samsara by 1.0% in the third quarter. Cim LLC now owns 32,700 shares of the company’s stock valued at $1,218,000 after acquiring an additional 326 shares during the period. Empowered Funds LLC raised its stake in shares of Samsara by 3.4% during the first quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after acquiring an additional 335 shares during the last quarter. IFG Advisory LLC raised its stake in shares of Samsara by 0.8% during the fourth quarter. IFG Advisory LLC now owns 44,814 shares of the company’s stock valued at $1,589,000 after acquiring an additional 372 shares during the last quarter. Finally, Summit Financial LLC boosted its holdings in shares of Samsara by 1.4% during the fourth quarter. Summit Financial LLC now owns 29,487 shares of the company’s stock worth $1,045,000 after purchasing an additional 419 shares during the period. 96.02% of the stock is owned by 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.