Sanjit Biswas Sells 31,081 Shares of Samsara (NYSE:IOT) Stock

Posted by Kyle Jackson on May 30th, 2026

Samsara Inc. (NYSE:IOT – Get Free Report) insider Sanjit Biswas sold 31,081 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $31.21, for a total transaction of $970,038.01. Following the sale, the insider directly owned 307,056 shares in the company, valued at $9,583,217.76. This trade represents a 9.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available 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 Wednesday, May 27th, Sanjit Biswas sold 128,159 shares of Samsara stock. The stock was sold at an average price of $30.03, for a total transaction 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 transaction 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 transaction of $2,626,901.16.
On Tuesday, May 12th, Sanjit Biswas sold 168,272 shares of Samsara stock. The stock was sold at an average price of $28.58, for a total transaction of $4,809,213.76.
On Thursday, April 30th, Sanjit Biswas sold 72,958 shares of Samsara stock. The stock was sold at an average price of $28.49, for a total transaction of $2,078,573.42.
On Wednesday, April 29th, Sanjit Biswas sold 87,067 shares of Samsara stock. The stock was sold at an average price of $29.05, for a total transaction of $2,529,296.35.
On Tuesday, April 28th, Sanjit Biswas sold 103,875 shares of Samsara stock. The stock was sold at an average price of $29.50, for a total transaction of $3,064,312.50.
On Wednesday, April 15th, Sanjit Biswas sold 96,562 shares of Samsara stock. The stock was sold at an average price of $27.98, for a total transaction of $2,701,804.76.
On Tuesday, April 14th, Sanjit Biswas sold 167,338 shares of Samsara stock. The stock was sold at an average price of $26.60, for a total transaction of $4,451,190.80.
On Thursday, April 2nd, Sanjit Biswas sold 10,381 shares of Samsara stock. The stock was sold at an average price of $30.97, for a total transaction of $321,499.57.

Samsara Price Performance

Shares of NYSE:IOT opened at $35.15 on Friday. The company’s fifty day moving average price is $30.28 and its 200-day moving average price is $32.55. The firm has a market capitalization of $20.41 billion, a price-to-earnings ratio of -1,756.77, a PEG ratio of 9.39 and a beta of 1.29. Samsara Inc. has a one year low of $23.38 and a one year high of $48.40.

Samsara (NYSE:IOT – Get Free Report) last issued its quarterly earnings results on Thursday, March 5th. The company reported $0.18 EPS for the quarter, topping 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%. The business’s revenue for the quarter was up 28.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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. As a group, equities research analysts expect that Samsara Inc. will post 0.08 EPS for the current year.

Institutional Investors Weigh In On Samsara

Several institutional investors and hedge funds have recently modified their holdings of the stock. Evolutionary Tree Capital Management LLC purchased a new stake in shares of Samsara in the 1st quarter worth about $1,340,000. Bank of America Corp DE lifted its position in shares of Samsara by 41.5% in the 1st quarter. Bank of America Corp DE now owns 2,710,202 shares of the company’s stock worth $85,886,000 after purchasing an additional 794,255 shares during the period. Cim LLC lifted its position in shares of Samsara by 1.3% in the 1st quarter. Cim LLC now owns 34,505 shares of the company’s stock worth $1,093,000 after purchasing an additional 455 shares during the period. Spyglass Capital Management LLC lifted its position in shares of Samsara by 25.5% in the 1st quarter. Spyglass Capital Management LLC now owns 2,946,646 shares of the company’s stock worth $93,379,000 after purchasing an additional 599,651 shares during the period. Finally, Sunbelt Securities Inc. lifted its position in shares of Samsara by 36.5% in the 1st quarter. Sunbelt Securities Inc. now owns 11,400 shares of the company’s stock worth $361,000 after purchasing an additional 3,050 shares during the period. 96.02% of the stock is owned by hedge funds and other institutional investors.

More Samsara News

Here are the key news stories impacting Samsara this week:

Positive Sentiment: Samsara said it earned the No. 1 spot in 23 Summer 2026 G2 Grid Reports, more than any other fleet technology brand. Because the rankings are based on verified customer reviews, the news supports the company’s competitive position and may boost confidence in future demand. Article Title
Positive Sentiment: The latest coverage highlights Samsara’s momentum and leadership across fleet management, asset tracking, and maintenance software, reinforcing its growth narrative with customers and analysts. Article Title
Neutral Sentiment: Several insider sales were disclosed, including transactions by co-founder Sanjit Biswas and John Bicket. The trades were made under pre-arranged 10b5-1 plans, which makes them less concerning than discretionary selling, but the sheer size may still weigh on sentiment. Article Title
Negative Sentiment: The volume of insider selling was substantial, with Biswas and Bicket sharply reducing their holdings, which can create near-term pressure if investors view it as a sign shares have run ahead of fundamentals. Article Title

Analyst Ratings Changes

IOT has been the topic of several recent research reports. UBS Group reaffirmed a “buy” rating and set a $48.00 target price on shares of Samsara in a report on Friday, March 6th. Royal Bank Of Canada increased their target price on shares of Samsara from $35.00 to $41.00 and gave the company an “outperform” rating in a report on Friday, March 6th. Zacks Research lowered shares of Samsara from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. KeyCorp increased their target price on shares of Samsara from $40.00 to $41.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Finally, Evercore reaffirmed an “outperform” rating on shares of Samsara in a report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Samsara presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.18.

View Our Latest Stock Report on Samsara

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.