Insider Selling: Samsara (NYSE:IOT) Insider Sells $534,240.00 in Stock

Samsara Inc. (NYSE:IOT) insider Dominic Phillips sold 17,808 shares of the business’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $30.00, for a total value of $534,240.00. Following the sale, the insider owned 573,114 shares of the company’s stock, valued at $17,193,420. The trade was a 3.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Dominic Phillips also recently made the following trade(s):

• On Friday, January 2nd, Dominic Phillips sold 18,348 shares of Samsara stock. The shares were sold at an average price of $34.24, for a total transaction of $628,235.52.
• On Monday, December 15th, Dominic Phillips sold 48,116 shares of Samsara stock. The shares were sold at an average price of $40.72, for a total transaction of $1,959,283.52.
• On Wednesday, December 10th, Dominic Phillips sold 8,231 shares of Samsara stock. The stock was sold at an average price of $44.46, for a total transaction of $365,950.26.

Samsara Stock Down 2.6%

Samsara stock opened at $32.06 on Thursday. Samsara Inc. has a 52-week low of $23.38 and a 52-week high of $48.40. The firm has a fifty day moving average of $30.19 and a 200-day moving average of $35.55. The firm has a market capitalization of $18.50 billion, a P/E ratio of -1,602.10 and a beta of 1.60.

Samsara (NYSE:IOT) last posted its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.05. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.75%. The business had revenue of $444.30 million for the quarter, compared to analyst estimates of $422.29 million. During the same quarter in the previous year, the business posted $0.11 EPS. The business’s quarterly revenue was up 28.3% on a year-over-year basis. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. On average, research analysts expect that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on IOT. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Samsara in a research report on Thursday, January 22nd. The Goldman Sachs Group set a $45.00 target price on shares of Samsara in a research note on Monday, March 2nd. BNP Paribas Exane raised shares of Samsara from a “neutral” rating to an “outperform” rating and set a $40.00 price target for the company in a report on Thursday, January 15th. BMO Capital Markets lifted their price target on shares of Samsara from $40.00 to $44.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. Finally, Bank of America upped their price objective on shares of Samsara from $53.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $46.18.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in IOT. Acumen Wealth Advisors LLC bought a new position in shares of Samsara during the fourth quarter worth about $28,000. Caitong International Asset Management Co. Ltd lifted its holdings in 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 last quarter. Versant Capital Management Inc grew its position in shares of Samsara by 6,078.6% in the 3rd quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock worth $32,000 after acquiring an additional 851 shares in the last quarter. AlphaCentric Advisors LLC bought a new stake in shares of Samsara in the 4th quarter valued at approximately $36,000. Finally, Optiver Holding B.V. raised its stake in Samsara by 953.2% during the third quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock worth $44,000 after acquiring an additional 1,058 shares during the period. 96.02% of the stock is currently owned by institutional investors.

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.