Samsara (NYSE:IOT) Insider Sanjit Biswas Sells 72,958 Shares of Stock

Samsara Inc. (NYSE:IOT) insider Sanjit Biswas sold 72,958 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $28.49, for a total value of $2,078,573.42. Following the transaction, the insider owned 723,056 shares of the company’s stock, valued at $20,599,865.44. This represents a 9.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sanjit Biswas also recently made the following trade(s):

• On Wednesday, April 29th, Sanjit Biswas sold 87,067 shares of Samsara stock. The shares were sold at an average price of $29.05, for a total value of $2,529,296.35.
• On Tuesday, April 28th, Sanjit Biswas sold 103,875 shares of Samsara stock. The stock was sold at an average price of $29.50, for a total value of $3,064,312.50.
• On Wednesday, April 15th, Sanjit Biswas sold 96,562 shares of Samsara stock. The stock was sold at an average price of $27.98, for a total value of $2,701,804.76.
• On Tuesday, April 14th, Sanjit Biswas sold 167,338 shares of Samsara stock. The stock was sold at an average price of $26.60, for a total value of $4,451,190.80.
• On Thursday, April 2nd, Sanjit Biswas sold 10,381 shares of Samsara stock. The stock was sold at an average price of $30.97, for a total value of $321,499.57.
• On Wednesday, April 1st, Sanjit Biswas sold 116,576 shares of Samsara stock. The stock was sold at an average price of $31.80, for a total value of $3,707,116.80.
• On Tuesday, March 31st, Sanjit Biswas sold 136,943 shares of Samsara stock. The stock was sold at an average price of $31.44, for a total value of $4,305,487.92.
• On Tuesday, February 17th, Sanjit Biswas sold 263,900 shares of Samsara stock. The stock was sold at an average price of $25.87, for a total value of $6,827,093.00.
• On Wednesday, February 4th, Sanjit Biswas sold 208,081 shares of Samsara stock. The stock was sold at an average price of $25.19, for a total value of $5,241,560.39.
• On Tuesday, February 3rd, Sanjit Biswas sold 55,819 shares of Samsara stock. The stock was sold at an average price of $25.23, for a total value of $1,408,313.37.

Samsara Stock Performance

Shares of IOT stock opened at $28.72 on Friday. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $48.40. The stock has a fifty day moving average of $30.36 and a two-hundred day moving average of $33.70. The firm has a market capitalization of $16.68 billion, a PE ratio of -1,435.28, a price-to-earnings-growth ratio of 10.77 and a beta of 1.50.

Samsara (NYSE:IOT) last announced its quarterly earnings results on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 quarter in the previous year, the firm posted $0.11 EPS. The firm’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. Equities research analysts predict that Samsara Inc. will post 0.06 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Samsara

Several hedge funds have recently modified their holdings of the stock. Sequoia Financial Advisors LLC lifted its holdings in shares of Samsara by 218.4% during the first quarter. Sequoia Financial Advisors LLC now owns 22,846 shares of the company’s stock valued at $724,000 after purchasing an additional 15,671 shares during the last quarter. Hsbc Holdings PLC lifted its holdings in shares of Samsara by 14.9% during the first quarter. Hsbc Holdings PLC now owns 135,137 shares of the company’s stock valued at $4,273,000 after purchasing an additional 17,511 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of Samsara by 0.8% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 636,600 shares of the company’s stock valued at $20,174,000 after purchasing an additional 5,109 shares during the last quarter. Resona Asset Management Co. Ltd. lifted its holdings in shares of Samsara by 0.9% during the first quarter. Resona Asset Management Co. Ltd. now owns 100,942 shares of the company’s stock valued at $3,184,000 after purchasing an additional 910 shares during the last quarter. Finally, Seelaus Asset Management LLC purchased a new stake in shares of Samsara during the first quarter valued at $234,000. 96.02% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

IOT has been the topic of a number of research reports. 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. BTIG Research dropped their price objective on Samsara from $55.00 to $45.00 and set a “buy” rating on the stock in a research note on Friday, March 6th. Wells Fargo & Company boosted their price objective on Samsara from $43.00 to $46.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. KeyCorp boosted their price objective on Samsara from $40.00 to $41.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Finally, Truist Financial dropped their price target on Samsara from $39.00 to $30.00 and set a “hold” rating on the stock in a report on Tuesday, February 17th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $46.18.

Trending Headlines about Samsara

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Named to TIME100 Most Influential Companies for Manufacturing & Logistics, a branding/validation win that can support enterprise adoption and market credibility. Read More.
• Positive Sentiment: New industry study highlighted by media shows equipment theft and loss cost large operations an average of $13.2M annually — a pain point that can drive demand for Samsara’s tracking and security products. Read More.
• Neutral Sentiment: Market coverage noted the stock “sank” in the latest session (reports and intraday coverage). This is a short‑term market reaction piece rather than new fundamental news. Read More.
• Neutral Sentiment: Customer news (First Student) highlights ecosystem traction for AI/operations platforms in transportation; positive for narrative but not an immediate earnings catalyst. Read More.
• Negative Sentiment: Large, pre‑arranged Rule 10b5‑1 sales by co‑founders Sanjit Biswas and John Bicket — each sold ~263,900 shares across April 28–30 (combined ≈527,800 shares, ~ $15.3M in proceeds). The trades materially reduced their individual holdings (some filings show ~80% reductions for the insider lots sold), increasing available float and creating visible selling pressure despite being executed under trading plans. SEC filings: Read More. and Read More.

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.