Samsara (NYSE:IOT) Insider Sells $127,672.35 in Stock

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 3,653 shares of the stock in a transaction on Monday, July 27th. The stock was sold at an average price of $34.95, for a total value of $127,672.35. Following the completion of the transaction, the insider directly owned 425,080 shares in the company, valued at $14,856,546. This trade represents a 0.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, July 6th, Adam Eltoukhy sold 3,653 shares of Samsara stock. The shares were sold at an average price of $37.00, for a total value of $135,161.00.
• On Monday, June 29th, Adam Eltoukhy sold 2,039 shares of Samsara stock. The stock was sold at an average price of $32.08, for a total value of $65,411.12.
• On Monday, June 22nd, Adam Eltoukhy sold 1,614 shares of Samsara stock. The stock was sold at an average price of $32.21, for a total value of $51,986.94.
• On Wednesday, May 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The stock was sold at an average price of $30.21, for a total value of $165,339.33.

Samsara Price Performance

NYSE IOT opened at $37.48 on Friday. The firm has a market capitalization of $21.84 billion, a P/E ratio of 374.79, a P/E/G ratio of 8.04 and a beta of 1.35. Samsara Inc. has a 1-year low of $23.38 and a 1-year high of $47.47. The business’s 50-day simple moving average is $34.42 and its 200-day simple moving average is $31.52.

Samsara (NYSE:IOT) last issued its earnings results on Thursday, June 4th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. The business had revenue of $478.84 million during the quarter, compared to analysts’ expectations of $455.21 million. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The company’s revenue for the quarter was up 30.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.11 EPS. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. On average, equities research analysts expect that Samsara Inc. will post 0.15 EPS for the current fiscal year.

Institutional Trading of Samsara

Hedge funds have recently made changes to their positions in the company. Lazard Asset Management LLC lifted its position in shares of Samsara by 2.0% during the third quarter. Lazard Asset Management LLC now owns 13,971 shares of the company’s stock worth $520,000 after purchasing an additional 279 shares in the last quarter. Cim LLC boosted its stake in shares of Samsara by 1.0% in the third quarter. Cim LLC now owns 32,700 shares of the company’s stock valued at $1,218,000 after purchasing an additional 326 shares during the period. Empowered Funds LLC grew its holdings in Samsara by 3.4% during the 1st quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after purchasing an additional 335 shares in the last quarter. IFG Advisory LLC grew its holdings in Samsara by 0.8% during the 4th quarter. IFG Advisory LLC now owns 44,814 shares of the company’s stock valued at $1,589,000 after purchasing an additional 372 shares in the last quarter. Finally, Summit Financial LLC increased its stake in Samsara by 1.4% during the 4th quarter. Summit Financial LLC now owns 29,487 shares of the company’s stock worth $1,045,000 after buying an additional 419 shares during the period. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on IOT. Jefferies Financial Group upgraded shares of Samsara to a “buy” rating in a research note on Thursday, June 11th. BTIG Research reissued a “buy” rating and issued a $45.00 target price on shares of Samsara in a research note on Friday, June 26th. Morgan Stanley set a $43.00 target price on shares of Samsara in a report on Tuesday, July 21st. TD Cowen reaffirmed a “buy” rating and set a $45.00 price target on shares of Samsara in a research report on Thursday, June 25th. Finally, Royal Bank Of Canada increased their price target on Samsara from $41.00 to $42.00 and gave the company an “outperform” rating in a report on Friday, June 5th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Samsara currently has an average rating of “Moderate Buy” and an average price target of $45.33.

Samsara Company Profile

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.