Insider Selling: Samsara (NYSE:IOT) Insider Sells 9,758 Shares of Stock

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 9,758 shares of the firm’s stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $38.14, for a total transaction of $372,170.12. Following the completion of the sale, the insider owned 339,624 shares of the company’s stock, valued at $12,953,259.36. This trade represents a 2.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

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

• On Wednesday, August 20th, Adam Eltoukhy sold 4,578 shares of Samsara stock. The stock was sold at an average price of $32.73, for a total transaction of $149,837.94.
• On Monday, July 21st, Adam Eltoukhy sold 10,083 shares of Samsara stock. The stock was sold at an average price of $38.77, for a total transaction of $390,917.91.
• On Friday, June 27th, Adam Eltoukhy sold 10,083 shares of Samsara stock. The stock was sold at an average price of $39.89, for a total transaction of $402,210.87.
• On Monday, June 16th, Adam Eltoukhy sold 18,643 shares of Samsara stock. The stock was sold at an average price of $39.21, for a total transaction of $730,992.03.

Samsara Stock Down 1.0%

NYSE:IOT opened at $38.30 on Friday. The firm’s fifty day simple moving average is $36.67 and its 200-day simple moving average is $39.50. The stock has a market cap of $21.81 billion, a PE ratio of -239.39 and a beta of 1.61. Samsara Inc. has a fifty-two week low of $31.40 and a fifty-two week high of $61.90.

Samsara (NYSE:IOT) last announced its quarterly earnings data on Thursday, September 4th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.07 by $0.05. The firm had revenue of $391.48 million during the quarter, compared to analysts’ expectations of $372.22 million. Samsara had a negative net margin of 6.16% and a negative return on equity of 7.53%. The business’s revenue for the quarter was up 30.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.05 earnings per share. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. Equities analysts anticipate that Samsara Inc. will post -0.3 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in IOT. Keystone Financial Group Inc. grew its position in shares of Samsara by 300.0% in the first quarter. Keystone Financial Group Inc. now owns 600 shares of the company’s stock valued at $25,000 after purchasing an additional 450 shares during the period. Catalyst Capital Advisors LLC purchased a new stake in Samsara in the 2nd quarter valued at about $28,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Samsara during the 1st quarter valued at about $31,000. Fourth Dimension Wealth LLC purchased a new position in shares of Samsara during the 4th quarter worth about $38,000. Finally, CWM LLC boosted its position in shares of Samsara by 385.3% in the first quarter. CWM LLC now owns 1,053 shares of the company’s stock worth $40,000 after acquiring an additional 836 shares during the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on IOT shares. Evercore ISI set a $45.00 price objective on Samsara in a research note on Wednesday, June 25th. Truist Financial lifted their price objective on Samsara from $35.00 to $39.00 and gave the stock a “hold” rating in a research report on Friday, September 5th. BMO Capital Markets lowered their target price on Samsara from $54.00 to $47.00 and set an “outperform” rating on the stock in a report on Friday, September 5th. Craig Hallum raised Samsara from a “hold” rating to a “buy” rating and raised their price target for the stock from $42.00 to $48.00 in a research report on Friday, September 5th. Finally, Piper Sandler upped their price objective on Samsara from $47.00 to $48.00 and gave the company an “overweight” rating in a research report on Friday, September 5th. Eight analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $49.38.

Samsara Company Profile

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.