Insider Selling: Samsara (NYSE:IOT) Insider Sells $921,780.30 in Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 24,162 shares of the business’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $38.15, for a total transaction of $921,780.30. Following the completion of the sale, the insider owned 218,173 shares in the company, valued at approximately $8,323,299.95. The trade was a 9.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Tuesday, December 2nd, John Bicket sold 145,838 shares of Samsara stock. The stock was sold at an average price of $37.85, for a total value of $5,519,968.30.
• On Wednesday, November 19th, John Bicket sold 46,559 shares of Samsara stock. The stock was sold at an average price of $36.11, for a total value of $1,681,245.49.
• On Tuesday, November 18th, John Bicket sold 123,441 shares of Samsara stock. The shares were sold at an average price of $36.51, for a total value of $4,506,830.91.
• On Wednesday, November 5th, John Bicket sold 20,723 shares of Samsara stock. The stock was sold at an average price of $38.52, for a total value of $798,249.96.
• On Tuesday, November 4th, John Bicket sold 149,277 shares of Samsara stock. The stock was sold at an average price of $38.94, for a total value of $5,812,846.38.
• On Tuesday, October 21st, John Bicket sold 170,000 shares of Samsara stock. The shares were sold at an average price of $38.66, for a total transaction of $6,572,200.00.
• On Tuesday, October 7th, John Bicket sold 170,000 shares of Samsara stock. The stock was sold at an average price of $38.35, for a total transaction of $6,519,500.00.
• On Wednesday, September 24th, John Bicket sold 36,579 shares of Samsara stock. The shares were sold at an average price of $37.50, for a total transaction of $1,371,712.50.
• On Tuesday, September 23rd, John Bicket sold 133,421 shares of Samsara stock. The stock was sold at an average price of $38.97, for a total transaction of $5,199,416.37.

Samsara Price Performance

Shares of Samsara stock traded up $1.17 during trading hours on Wednesday, reaching $39.15. The company’s stock had a trading volume of 4,830,748 shares, compared to its average volume of 4,861,814. The firm has a 50 day moving average price of $38.22 and a 200-day moving average price of $38.82. The stock has a market cap of $22.46 billion, a P/E ratio of -244.68 and a beta of 1.61. Samsara Inc. has a one year low of $31.40 and a one year high of $61.90.

Samsara (NYSE:IOT) last released its quarterly earnings results on Thursday, September 4th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.07 by $0.05. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.The company had revenue of $391.48 million during the quarter, compared to analyst estimates of $372.22 million. During the same quarter last year, the business posted $0.05 earnings per share. The firm’s revenue was up 30.4% on a year-over-year basis. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS and its Q3 2026 guidance at 0.110-0.12 EPS. As a group, sell-side analysts forecast that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Institutional Investors Weigh In On Samsara

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Catalyst Capital Advisors LLC purchased a new position in Samsara in the second quarter worth $28,000. Versant Capital Management Inc boosted 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 purchasing an additional 851 shares in the last quarter. AlphaQuest LLC boosted its position in shares of Samsara by 519.6% in the 1st quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock worth $40,000 after purchasing an additional 873 shares in the last quarter. Family Legacy Financial Solutions LLC purchased a new position in Samsara during the 2nd quarter worth $40,000. Finally, Whipplewood Advisors LLC increased its position in Samsara by 349.8% during the 2nd quarter. Whipplewood Advisors LLC now owns 1,093 shares of the company’s stock valued at $43,000 after buying an additional 850 shares in the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on IOT. BMO Capital Markets reduced their target price on shares of Samsara from $54.00 to $47.00 and set an “outperform” rating on the stock in a research note on Friday, September 5th. Wall Street Zen downgraded shares of Samsara from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Zacks Research lowered Samsara from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Craig Hallum upgraded Samsara from a “hold” rating to a “buy” rating and increased their price target for the stock from $42.00 to $48.00 in a report on Friday, September 5th. Finally, Royal Bank Of Canada raised their price target on Samsara from $44.00 to $46.00 and gave the stock an “outperform” rating in a research note on Friday, September 5th. Eight analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $49.55.

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.