Insider Selling: Samsara (NYSE:IOT) Insider Sells $325,043.94 in Stock

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 7,306 shares of the stock in a transaction that occurred on Monday, October 26th. The stock was sold at an average price of $44.49, for a total value of $325,043.94. Following the transaction, the insider directly owned 381,854 shares in the company, valued at approximately $16,988,684.46. This represents a 1.88% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Adam Eltoukhy also recently made the following trade(s):

• On Friday, September 25th, Adam Eltoukhy sold 7,306 shares of Samsara stock. The stock was sold at an average price of $39.07, for a total transaction of $285,445.42.
• On Tuesday, August 25th, Adam Eltoukhy sold 6,876 shares of Samsara stock. The stock was sold at an average price of $39.82, for a total transaction of $273,802.32.

Samsara Price Performance

IOT stock opened at $42.07 on Friday. Samsara Inc. has a 1-year low of $23.38 and a 1-year high of $47.47. The firm has a fifty day moving average price of $40.59 and a two-hundred day moving average price of $34.31. The firm has a market cap of $24.64 billion, a price-to-earnings ratio of 262.94, a PEG ratio of 10.23 and a beta of 1.35.

Samsara (NYSE:IOT) last issued its earnings results on Thursday, September 3rd. The company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. Samsara had a net margin of 4.90% and a return on equity of 4.13%. The company had revenue of $508.44 million for the quarter, compared to analysts’ expectations of $483.29 million. During the same period in the prior year, the company earned $0.12 earnings per share. The firm’s revenue was up 29.9% compared to the same quarter last year. 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, analysts expect that Samsara Inc. will post 0.13 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Wells Fargo & Company raised their target price on shares of Samsara from $50.00 to $58.00 and gave the stock an “overweight” rating in a report on Friday, September 4th. Truist Financial lifted their target price on Samsara from $38.00 to $48.00 and gave the company a “hold” rating in a research note on Friday, September 4th. TD Cowen upped their target price on Samsara from $48.00 to $53.00 and gave the company a “buy” rating in a report on Friday, September 4th. Royal Bank Of Canada increased their price target on Samsara from $50.00 to $55.00 and gave the stock an “outperform” rating in a research report on Friday, September 4th. Finally, Cantor Fitzgerald assumed coverage on Samsara in a research note on Monday, September 14th. They issued an “overweight” rating and a $45.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Samsara presently has an average rating of “Moderate Buy” and a consensus target price of $51.68.

Key Headlines Impacting Samsara

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Analysts remain constructive after Samsara’s latest quarterly results topped expectations, with revenue rising 29.9% year over year and EPS exceeding consensus. The average analyst price target is approximately $51.68, above the recent trading range. Samsara Just Answered the AI Question
• Positive Sentiment: Institutional ownership remains high at roughly 96%, and several funds recently increased their positions, including Wellington Management, Bank of America and First Trust Advisors. This suggests continued professional-investor interest in Samsara’s connected-operations and fleet-management growth story. 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 may enhance the company’s brand and social-impact profile, but it is unlikely to materially affect near-term revenue or earnings. Together for Safer Roads and Samsara Launch Fleet Safety Program
• Negative Sentiment: CEO Sanjit Biswas sold 263,900 shares from October 27–29, while co-founder John Bicket sold another 263,900 shares over the same period. Insider Adam Eltoukhy also sold 7,306 shares. The combined sales represent roughly $23 million of stock and create a meaningful supply and confidence overhang, even though scheduled 10b5-1 plans reduce the signal that the sales reflect deteriorating business expectations. Samsara Insider Selling Alert
• Negative Sentiment: Samsara’s valuation remains demanding, with a price-to-earnings ratio above 260 and a PEG ratio above 10. That leaves IOT particularly sensitive to profit-taking, insider sales and any slowdown in its high-growth outlook. Samsara Falls More Steeply Than Broader Market

Institutional Trading of Samsara

A number of institutional investors have recently bought and sold shares of the company. Rakuten Investment Management Inc. raised its stake in Samsara by 15.7% during the third quarter. Rakuten Investment Management Inc. now owns 23,310 shares of the company’s stock worth $885,000 after acquiring an additional 3,171 shares in the last quarter. Provenance Wealth Advisors LLC acquired a new stake in Samsara during the 3rd quarter valued at $258,000. Aware Super Pty Ltd as trustee of Aware Super acquired a new stake in Samsara during the 3rd quarter valued at $572,000. Gerber Kawasaki Wealth & Investment Management grew its holdings in shares of Samsara by 5.9% during the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 21,278 shares of the company’s stock worth $811,000 after purchasing an additional 1,186 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich raised its holdings in shares of Samsara by 99.7% in the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 11,178 shares of the company’s stock valued at $426,000 after buying an additional 5,580 shares during the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

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.