Samsara (NYSE:IOT) Insider Sells $1,324,670.32 in Stock

Samsara Inc. (NYSE:IOT) insider Sanjit Biswas sold 36,664 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $36.13, for a total value of $1,324,670.32. Following the completion of the sale, the insider owned 171,952 shares in the company, valued at $6,212,625.76. This trade represents a 17.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Tuesday, November 18th, Sanjit Biswas sold 123,336 shares of Samsara stock. The shares were sold at an average price of $36.50, for a total transaction of $4,501,764.00.
• On Wednesday, November 5th, Sanjit Biswas sold 10,937 shares of Samsara stock. The stock was sold at an average price of $38.38, for a total transaction of $419,762.06.
• On Tuesday, November 4th, Sanjit Biswas sold 149,063 shares of Samsara stock. The shares were sold at an average price of $38.94, for a total transaction of $5,804,513.22.
• On Tuesday, October 21st, Sanjit Biswas sold 160,000 shares of Samsara stock. The stock was sold at an average price of $38.63, for a total transaction of $6,180,800.00.
• On Tuesday, October 7th, Sanjit Biswas sold 160,000 shares of Samsara stock. The stock was sold at an average price of $38.36, for a total transaction of $6,137,600.00.
• On Wednesday, September 24th, Sanjit Biswas sold 26,590 shares of Samsara stock. The stock was sold at an average price of $37.60, for a total value of $999,784.00.
• On Tuesday, September 23rd, Sanjit Biswas sold 133,410 shares of Samsara stock. The stock was sold at an average price of $38.97, for a total value of $5,198,987.70.
• On Wednesday, September 3rd, Sanjit Biswas sold 30,145 shares of Samsara stock. The shares were sold at an average price of $35.57, for a total value of $1,072,257.65.
• On Tuesday, September 2nd, Sanjit Biswas sold 129,855 shares of Samsara stock. The stock was sold at an average price of $35.37, for a total value of $4,592,971.35.

Samsara Price Performance

Shares of NYSE:IOT traded down $1.37 during midday trading on Thursday, reaching $35.08. The company’s stock had a trading volume of 4,076,004 shares, compared to its average volume of 4,874,547. The business’s fifty day simple moving average is $38.61 and its 200-day simple moving average is $39.33. Samsara Inc. has a fifty-two week low of $31.40 and a fifty-two week high of $61.90. The company has a market capitalization of $20.12 billion, a P/E ratio of -219.23 and a beta of 1.61.

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

Institutional Trading of Samsara

Institutional investors and hedge funds have recently modified their holdings of the stock. Sunbelt Securities Inc. bought a new position in Samsara during the 3rd quarter worth approximately $308,000. Danske Bank A S acquired a new stake in Samsara in the third quarter worth $4,053,000. Jasper Ridge Partners L.P. boosted its position in shares of Samsara by 45.6% during the third quarter. Jasper Ridge Partners L.P. now owns 47,163 shares of the company’s stock worth $1,757,000 after purchasing an additional 14,769 shares in the last quarter. Kestra Private Wealth Services LLC boosted its position in shares of Samsara by 23.6% during the third quarter. Kestra Private Wealth Services LLC now owns 7,959 shares of the company’s stock worth $296,000 after purchasing an additional 1,521 shares in the last quarter. Finally, PharVision Advisers LLC acquired a new position in shares of Samsara in the 3rd quarter valued at $317,000. 96.02% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on IOT shares. Morgan Stanley raised their price target on shares of Samsara from $50.00 to $53.00 and gave the company an “equal weight” rating in a report on Monday, September 8th. Wall Street Zen downgraded Samsara from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Piper Sandler reaffirmed an “overweight” rating and set a $48.00 price target on shares of Samsara in a research note on Friday, November 14th. Evercore ISI set a $50.00 price objective on Samsara and gave the stock an “outperform” rating in a research report on Wednesday, October 1st. Finally, Truist Financial boosted their price objective on Samsara from $35.00 to $39.00 and gave the stock a “hold” rating in a report on Friday, September 5th. Eight analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Samsara presently has a consensus rating of “Hold” and an average 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.