Samsara (NYSE:IOT) Insider Dominic Phillips Sells 19,547 Shares

Samsara Inc. (NYSE:IOT) insider Dominic Phillips sold 19,547 shares of Samsara stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $30.00, for a total value of $586,410.00. Following the completion of the transaction, the insider owned 462,801 shares of the company’s stock, valued at approximately $13,884,030. This represents a 4.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, April 1st, Dominic Phillips sold 20,139 shares of Samsara stock. The shares were sold at an average price of $31.81, for a total value of $640,621.59.
• On Thursday, March 5th, Dominic Phillips sold 17,808 shares of Samsara stock. The shares were sold at an average price of $30.00, for a total value of $534,240.00.

Samsara Stock Performance

Shares of Samsara stock traded up $0.11 on Monday, hitting $30.60. The company’s stock had a trading volume of 3,831,893 shares, compared to its average volume of 7,816,071. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $48.40. The firm has a fifty day moving average price of $30.36 and a 200-day moving average price of $33.65. The company has a market capitalization of $17.77 billion, a price-to-earnings ratio of -1,529.24, a price-to-earnings-growth ratio of 11.18 and a beta of 1.29.

Samsara (NYSE:IOT) last posted its quarterly earnings data on Thursday, March 5th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.13 by $0.05. Samsara had a negative return on equity of 0.72% and a negative net margin of 0.56%.The company had revenue of $444.30 million during the quarter, compared to analyst estimates of $422.29 million. During the same period in the previous year, the business earned $0.11 EPS. Samsara’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. As a group, analysts forecast that Samsara Inc. will post 0.06 EPS for the current year.

Analyst Upgrades and Downgrades

IOT has been the subject of several research reports. Zacks Research upgraded Samsara from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 13th. Truist Financial cut their price objective on Samsara from $39.00 to $30.00 and set a “hold” rating for the company in a research note on Tuesday, February 17th. BNP Paribas Exane upgraded Samsara from a “neutral” rating to an “outperform” rating and set a $40.00 price objective for the company in a research note on Thursday, January 15th. Evercore reiterated an “outperform” rating on shares of Samsara in a research note on Friday, March 6th. Finally, Royal Bank Of Canada boosted their price objective on Samsara from $35.00 to $41.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $46.18.

Institutional Investors Weigh In On Samsara

A number of large investors have recently made changes to their positions in the stock. Archer Investment Corp purchased a new stake in shares of Samsara in the first quarter valued at approximately $236,000. Principal Financial Group Inc. grew its position in shares of Samsara by 119.7% in the first quarter. Principal Financial Group Inc. now owns 14,185 shares of the company’s stock valued at $450,000 after purchasing an additional 7,727 shares in the last quarter. Teachers Retirement System of The State of Kentucky grew its position in shares of Samsara by 0.9% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 283,944 shares of the company’s stock valued at $8,998,000 after purchasing an additional 2,400 shares in the last quarter. International Assets Investment Management LLC grew its position in shares of Samsara by 444.3% in the first quarter. International Assets Investment Management LLC now owns 2,961 shares of the company’s stock valued at $94,000 after purchasing an additional 2,417 shares in the last quarter. Finally, Fifth Third Bancorp grew its position in shares of Samsara by 226.3% in the first quarter. Fifth Third Bancorp now owns 54,335 shares of the company’s stock valued at $1,722,000 after purchasing an additional 37,683 shares in the last quarter. 96.02% of the stock is currently owned by hedge funds and other 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.