Adam Eltoukhy Sells 18,952 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 18,952 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $40.72, for a total value of $771,725.44. Following the completion of the transaction, the insider owned 246,675 shares of the company’s stock, valued at $10,044,606. The trade was a 7.13% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

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

• On Wednesday, December 10th, Adam Eltoukhy sold 9,498 shares of Samsara stock. The stock was sold at an average price of $44.45, for a total transaction of $422,186.10.
• On Thursday, November 20th, Adam Eltoukhy sold 4,767 shares of Samsara stock. The shares were sold at an average price of $36.04, for a total transaction of $171,802.68.
• On Monday, October 20th, Adam Eltoukhy sold 4,767 shares of Samsara stock. The shares were sold at an average price of $37.16, for a total transaction of $177,141.72.
• On Monday, September 22nd, Adam Eltoukhy sold 4,767 shares of Samsara stock. The stock was sold at an average price of $39.40, for a total transaction of $187,819.80.

Samsara Trading Down 1.8%

Shares of NYSE:IOT traded down $0.72 during trading on Tuesday, hitting $38.95. 6,128,747 shares of the stock were exchanged, compared to its average volume of 5,024,713. Samsara Inc. has a 12-month low of $31.40 and a 12-month high of $61.90. The company has a market cap of $22.34 billion, a PE ratio of -486.88 and a beta of 1.61. The company has a fifty day moving average price of $38.99 and a two-hundred day moving average price of $38.58.

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

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on IOT shares. Royal Bank Of Canada raised their price target on Samsara from $46.00 to $50.00 and gave the stock an “outperform” rating in a research report on Friday, December 5th. Morgan Stanley lifted their price objective on Samsara from $50.00 to $53.00 and gave the stock an “equal weight” rating in a research report on Monday, September 8th. JPMorgan Chase & Co. boosted their target price on shares of Samsara from $46.00 to $48.00 and gave the company a “neutral” rating in a research note on Friday, December 5th. Bank of America raised their target price on shares of Samsara from $53.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday, December 5th. Finally, Piper Sandler lifted their target price on shares of Samsara from $48.00 to $49.00 and gave the stock an “overweight” rating in a research note on Friday, December 5th. Eleven research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $51.53.

Hedge Funds Weigh In On Samsara

A number of hedge funds have recently made changes to their positions in the stock. Gerber Kawasaki Wealth & Investment Management boosted its holdings in Samsara by 0.5% in the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 54,000 shares of the company’s stock valued at $2,070,000 after acquiring an additional 250 shares during the last quarter. Lazard Asset Management LLC increased its holdings in Samsara by 2.0% in the third quarter. Lazard Asset Management LLC now owns 13,971 shares of the company’s stock valued at $520,000 after buying an additional 279 shares during the last quarter. KLP Kapitalforvaltning AS raised its holdings in shares of Samsara by 0.3% during the third quarter. KLP Kapitalforvaltning AS now owns 113,900 shares of the company’s stock worth $4,243,000 after purchasing an additional 300 shares during the period. Jefferies Financial Group Inc. lifted its holdings in shares of Samsara by 1.6% in the 3rd quarter. Jefferies Financial Group Inc. now owns 20,995 shares of the company’s stock worth $782,000 after purchasing an additional 322 shares during the last quarter. Finally, Cim LLC boosted its position in Samsara by 1.0% during the 3rd quarter. Cim LLC now owns 32,700 shares of the company’s stock valued at $1,218,000 after purchasing an additional 326 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

About Samsara

Samsara Inc provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.