Samsara Inc. (NYSE:IOT) Short Interest Up 22.9% in January

Samsara Inc. (NYSE:IOT) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 28,172,447 shares, a growth of 22.9% from the January 15th total of 22,922,656 shares. Currently, 9.1% of the shares of the company are short sold. Based on an average daily trading volume, of 7,700,692 shares, the days-to-cover ratio is presently 3.7 days. Based on an average daily trading volume, of 7,700,692 shares, the days-to-cover ratio is presently 3.7 days. Currently, 9.1% of the shares of the company are short sold.

Insider Transactions at Samsara

In related news, insider Sanjit Biswas sold 263,900 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $34.40, for a total value of $9,078,160.00. Following the completion of the sale, the insider owned 89,400 shares in the company, valued at $3,075,360. This trade represents a 74.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider John Bicket sold 263,900 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $34.40, for a total value of $9,078,160.00. Following the completion of the sale, the insider directly owned 89,400 shares of the company’s stock, valued at $3,075,360. This represents a 74.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 2,719,244 shares of company stock worth $91,558,918. Company insiders own 46.49% of the company’s stock.

Institutional Investors Weigh In On Samsara

Several large investors have recently modified their holdings of the stock. Catalyst Capital Advisors LLC acquired a new position in shares of Samsara in the second quarter worth about $28,000. Acumen Wealth Advisors LLC purchased a new stake in shares of Samsara in the 4th quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd boosted its stake in Samsara by 312.6% in 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. Versant Capital Management Inc grew its position in Samsara by 6,078.6% during the 3rd quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock worth $32,000 after purchasing an additional 851 shares in the last quarter. Finally, AlphaCentric Advisors LLC acquired a new stake in Samsara during the 4th quarter valued at $36,000. 96.02% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on IOT. Zacks Research downgraded shares of Samsara from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. Bank of America boosted their price target on Samsara from $53.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday, December 5th. Wells Fargo & Company cut their price objective on Samsara from $52.00 to $43.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 4th. JPMorgan Chase & Co. boosted their price objective on Samsara from $46.00 to $48.00 and gave the company a “neutral” rating in a research report on Friday, December 5th. Finally, Truist Financial dropped their target price on Samsara from $39.00 to $30.00 and set a “hold” rating on the stock in a research report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Samsara has a consensus rating of “Moderate Buy” and an average target price of $46.69.

Samsara Trading Up 3.0%

Samsara stock opened at $26.93 on Thursday. Samsara has a 52 week low of $23.38 and a 52 week high of $61.90. The stock has a market cap of $15.54 billion, a price-to-earnings ratio of -336.68 and a beta of 1.61. The company’s 50-day moving average price is $32.80 and its two-hundred day moving average price is $36.03.

Samsara (NYSE:IOT) last announced its earnings results on Thursday, December 4th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.11). Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. The firm had revenue of $415.98 million for the quarter, compared to the consensus estimate of $398.92 million. During the same period in the prior year, the business earned $0.07 EPS. The company’s quarterly revenue was up 29.2% compared to the same quarter last year. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. Research analysts expect that Samsara will post -0.3 earnings per share for the current fiscal year.

About Samsara

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.