Samsara (NYSE:IOT) Insider John Bicket Sells 42,507 Shares of Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 42,507 shares of the company’s stock in a transaction on Thursday, October 29th. The shares were sold at an average price of $41.58, for a total transaction of $1,767,441.06. Following the completion of the transaction, the insider owned 561,398 shares of the company’s stock, valued at approximately $23,342,928.84. The trade was a 7.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

John Bicket also recently made the following trade(s):

• On Wednesday, October 28th, John Bicket sold 107,729 shares of Samsara stock. The shares were sold at an average price of $42.97, for a total value of $4,629,115.13.
• On Tuesday, October 27th, John Bicket sold 113,664 shares of Samsara stock. The stock was sold at an average price of $43.38, for a total transaction of $4,930,744.32.
• On Thursday, October 15th, John Bicket sold 65,209 shares of Samsara stock. The shares were sold at an average price of $42.27, for a total value of $2,756,384.43.
• On Wednesday, October 14th, John Bicket sold 103,206 shares of Samsara stock. The shares were sold at an average price of $41.14, for a total value of $4,245,894.84.
• On Tuesday, October 13th, John Bicket sold 95,485 shares of Samsara stock. The stock was sold at an average price of $41.87, for a total value of $3,997,956.95.
• On Thursday, October 1st, John Bicket sold 20,523 shares of Samsara stock. The stock was sold at an average price of $38.83, for a total value of $796,908.09.
• On Wednesday, September 30th, John Bicket sold 84,950 shares of Samsara stock. The shares were sold at an average price of $38.40, for a total transaction of $3,262,080.00.
• On Tuesday, September 29th, John Bicket sold 158,427 shares of Samsara stock. The shares were sold at an average price of $37.73, for a total transaction of $5,977,450.71.
• On Thursday, August 20th, John Bicket sold 34,557 shares of Samsara stock. The shares were sold at an average price of $39.44, for a total transaction of $1,362,928.08.
• On Wednesday, August 19th, John Bicket sold 93,365 shares of Samsara stock. The shares were sold at an average price of $39.93, for a total transaction of $3,728,064.45.

Samsara Stock Performance

Shares of Samsara stock opened at $41.51 on Friday. The company has a market cap of $24.31 billion, a P/E ratio of 259.41, a PEG ratio of 10.56 and a beta of 1.35. Samsara Inc. has a one year low of $23.38 and a one year high of $47.47. The firm has a fifty day moving average of $40.53 and a two-hundred day moving average of $34.26.

Samsara (NYSE:IOT) last released its earnings results on Thursday, September 3rd. The company reported $0.20 EPS for the quarter, topping the consensus estimate 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 net margin of 4.90% and a return on equity of 4.13%. The business’s revenue was up 29.9% on a year-over-year basis. During the same quarter last year, the business earned $0.12 EPS. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. As a group, equities analysts predict that Samsara Inc. will post 0.13 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on IOT shares. Jefferies Financial Group began coverage on shares of Samsara in a research report on Sunday, October 4th. They issued a “buy” rating and a $50.00 price objective for the company. Bank of America lifted their price objective on Samsara from $47.00 to $55.00 and gave the company a “buy” rating in a report on Friday, September 4th. Wells Fargo & Company boosted their target price on Samsara from $50.00 to $58.00 and gave the stock an “overweight” rating in a research report on Friday, September 4th. BMO Capital Markets increased their target price on Samsara from $44.00 to $54.00 and gave the stock an “outperform” rating in a research note on Friday, September 4th. Finally, Guggenheim raised their price target on Samsara from $45.00 to $51.00 and gave the company a “buy” rating in a report on Friday, September 4th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $51.68.

Institutional Investors Weigh In On Samsara

Institutional investors have recently made changes to their positions in the stock. Apollon Wealth Management LLC increased its holdings in shares of Samsara by 0.7% in the 3rd quarter. Apollon Wealth Management LLC now owns 34,924 shares of the company’s stock valued at $1,332,000 after purchasing an additional 257 shares in the last quarter. Cim LLC lifted its stake in shares of Samsara by 1.3% in the first quarter. Cim LLC now owns 34,505 shares of the company’s stock valued at $1,093,000 after purchasing an additional 455 shares during the period. Lido Advisors LLC lifted its stake in shares of Samsara by 1.4% in the first quarter. Lido Advisors LLC now owns 40,044 shares of the company’s stock valued at $1,269,000 after purchasing an additional 534 shares during the period. Moran Wealth Management LLC boosted its holdings in Samsara by 7.3% during the first quarter. Moran Wealth Management LLC now owns 8,291 shares of the company’s stock worth $263,000 after buying an additional 562 shares in the last quarter. Finally, GAMMA Investing LLC boosted its holdings in Samsara by 22.4% during the third quarter. GAMMA Investing LLC now owns 3,502 shares of the company’s stock worth $134,000 after buying an additional 640 shares in the last quarter. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Samsara News Summary

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Analysts remain broadly constructive following Samsara’s latest earnings beat, with several firms raising price targets to between $48 and $55. The average price target is $51.68, compared with the stock’s recent trading range. Samsara Just Answered The AI Question—Is Wall Street Ready To Listen?
• Positive Sentiment: Institutional investors have been adding to positions, including Wellington Management, Bank of America, First Trust Advisors and others. Institutions and hedge funds own approximately 96% of the shares, providing an indication of strong professional-investor interest. Samsara Shows What Happens When Fundamentals Beat Fear
• Neutral Sentiment: Samsara and Together for Safer Roads launched a fleet-safety program for community food banks. The initiative supports the company’s brand and social-impact profile but is unlikely to materially affect near-term financial results. Together for Safer Roads and Samsara launch US fleet safety program for community food banks
• Negative Sentiment: CEO Sanjit Biswas sold roughly 264,000 shares across October 27–29, while insider John Bicket sold a similar amount. Another insider, Adam Eltoukhy, sold 7,306 shares. The combined sales were worth roughly $23 million, creating a notable supply and confidence overhang, even though they were scheduled trades rather than necessarily discretionary sales.

About Samsara

Samsara, Inc is a technology company that provides connected operations solutions for organizations with physical operations. Its Samsara Connected Operations Cloud combines Internet of Things (IoT) hardware, cloud-based software and data analytics to help businesses monitor vehicles, equipment, facilities and frontline operations.

The company’s products and services include vehicle telematics, GPS fleet tracking, AI-enabled dash cameras and video-based safety tools, equipment and asset monitoring, electronic logging and compliance solutions, routing and dispatch software, and maintenance and workforce-management applications.