Samsara (NYSE:IOT) Stock: Insider Sanjit Biswas Sells 95,388 Shares

Posted by Stacy Sanders on Oct 17th, 2026

Samsara Inc. (NYSE:IOT – Get Free Report) CEO Sanjit Biswas sold 95,388 shares of the company’s stock in a transaction that occurred on Tuesday, October 13th. The shares were sold at an average price of $41.87, for a total transaction of $3,993,895.56. Following the transaction, the chief executive officer directly owned 41,000 shares in the company, valued at $1,716,670. The trade was a 69.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

On Thursday, October 15th, Sanjit Biswas sold 65,402 shares of Samsara stock. The stock was sold at an average price of $42.27, for a total transaction of $2,764,542.54.
On Wednesday, October 14th, Sanjit Biswas sold 103,110 shares of Samsara stock. The shares were sold at an average price of $41.14, for a total value of $4,241,945.40.
On Thursday, October 1st, Sanjit Biswas sold 21,129 shares of Samsara stock. The shares were sold at an average price of $38.81, for a total value of $820,016.49.
On Wednesday, September 30th, Sanjit Biswas sold 84,369 shares of Samsara stock. The shares were sold at an average price of $38.40, for a total value of $3,239,769.60.
On Tuesday, September 29th, Sanjit Biswas sold 158,402 shares of Samsara stock. The stock was sold at an average price of $37.74, for a total value of $5,978,091.48.
On Thursday, August 20th, Sanjit Biswas sold 35,366 shares of Samsara stock. The stock was sold at an average price of $39.43, for a total value of $1,394,481.38.
On Wednesday, August 19th, Sanjit Biswas sold 93,079 shares of Samsara stock. The stock was sold at an average price of $39.94, for a total transaction of $3,717,575.26.
On Tuesday, August 18th, Sanjit Biswas sold 135,455 shares of Samsara stock. The shares were sold at an average price of $39.99, for a total transaction of $5,416,845.45.
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 value of $2,163,140.10.
On Wednesday, August 5th, Sanjit Biswas sold 87,333 shares of Samsara stock. The stock was sold at an average price of $38.64, for a total transaction of $3,374,547.12.

Samsara Trading Down 7.2%

IOT stock opened at $39.54 on Friday. The business’s 50-day moving average price is $39.95 and its two-hundred day moving average price is $35.26. Samsara Inc. has a 1-year low of $23.38 and a 1-year high of $47.47. The firm has a market cap of $23.15 billion, a PE ratio of 247.12, a P/E/G ratio of 10.46 and a beta of 1.35.

Samsara (NYSE:IOT – Get Free Report) 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. The company had revenue of $508.44 million during the quarter, compared to analysts’ expectations of $483.29 million. Samsara had a return on equity of 4.13% and a net margin of 4.90%. The business’s revenue was up 29.9% on a year-over-year basis. During the same period last year, the firm posted $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, analysts forecast that Samsara Inc. will post 0.13 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Markowski Investments purchased a new position in shares of Samsara during the 2nd quarter valued at about $37,000. Parkside Financial Bank & Trust lifted its position in Samsara by 91.0% during the second quarter. Parkside Financial Bank & Trust now owns 1,377 shares of the company’s stock valued at $45,000 after purchasing an additional 656 shares during the last quarter. Anchor Investment Management LLC purchased a new stake in Samsara during the second quarter valued at approximately $46,000. CX Institutional purchased a new position in shares of Samsara during the second quarter valued at approximately $64,000. Finally, Westwind Capital purchased a new stake in shares of Samsara during the third quarter valued at $64,000. 96.02% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Guggenheim boosted their price target on shares of Samsara from $45.00 to $51.00 and gave the stock a “buy” rating in a research report on Friday, September 4th. BMO Capital Markets raised their price target on shares of Samsara from $44.00 to $54.00 and gave the stock an “outperform” rating in a report on Friday, September 4th. BNP Paribas Exane boosted their target price on Samsara from $40.00 to $55.00 and gave the company an “outperform” rating in a research report on Friday, September 4th. Cantor Fitzgerald assumed coverage on Samsara in a report on Monday, September 14th. They set an “overweight” rating and a $45.00 price objective for the company. Finally, Craig Hallum restated a “buy” rating and issued a $54.00 target price on shares of Samsara in a report on Friday, September 4th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $51.68.

Get Our Latest Stock Analysis on IOT

Samsara News Summary

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.

About Samsara

(Get Free Report)

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.