Insider Selling: Samsara (NYSE:IOT) CAO Sells $36,192.00 in Stock

Samsara Inc. (NYSE:IOT) CAO Benjamin Louis Kirchhoff sold 960 shares of the company’s stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $37.70, for a total transaction of $36,192.00. Following the completion of the transaction, the chief accounting officer owned 162,800 shares of the company’s stock, valued at approximately $6,137,560. This trade represents a 0.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, June 15th, Benjamin Louis Kirchhoff sold 2,549 shares of Samsara stock. The stock was sold at an average price of $33.74, for a total transaction of $86,003.26.
• 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.

Samsara Stock Down 7.4%

Shares of Samsara stock opened at $35.89 on Friday. The stock has a market cap of $20.91 billion, a price-to-earnings ratio of 358.96, a P/E/G ratio of 8.70 and a beta of 1.35. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $47.47. The company’s fifty day moving average is $34.29 and its 200 day moving average is $31.48.

Samsara (NYSE:IOT) last announced its earnings results on Thursday, June 4th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.04. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The business had revenue of $478.84 million during the quarter, compared to analyst estimates of $455.21 million. During the same period last year, the company earned $0.11 EPS. Samsara’s revenue for the quarter 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. As a group, equities analysts anticipate that Samsara Inc. will post 0.15 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Samsara

Several large investors have recently added to or reduced their stakes in IOT. Acumen Wealth Advisors LLC acquired a new position in Samsara in the fourth quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd grew its position 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 buying an additional 669 shares during the period. AlphaCentric Advisors LLC acquired a new stake in shares of Samsara during the 4th quarter worth approximately $36,000. IFP Advisors Inc increased its stake in shares of 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 acquiring an additional 828 shares in the last quarter. Finally, Los Angeles Capital Management LLC bought a new stake in shares of Samsara in the 4th quarter valued at $52,000. Institutional investors and hedge funds own 96.02% of the company’s stock.

Analyst Upgrades and Downgrades

IOT has been the topic of several analyst reports. Wells Fargo & Company upped their target price on Samsara from $46.00 to $50.00 and gave the company an “overweight” rating in a report on Friday, June 5th. Guggenheim initiated coverage on shares of Samsara in a report on Wednesday, July 22nd. They set a “buy” rating and a $45.00 price target for the company. Royal Bank Of Canada boosted their price target on shares of Samsara from $41.00 to $42.00 and gave the stock an “outperform” rating in a research report on Friday, June 5th. Wolfe Research reaffirmed an “outperform” rating on shares of Samsara in a research note on Thursday, June 11th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $45.00 price objective on shares of Samsara in a research note on Friday, June 26th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Samsara currently has an average rating of “Moderate Buy” and a consensus target price of $45.33.

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.