Insider Selling: Samsara (NYSE:IOT) CAO Sells 4,933 Shares of Stock

Samsara Inc. (NYSE:IOT) CAO Benjamin Louis Kirchhoff sold 4,933 shares of the company’s stock in a transaction on Monday, September 29th. The stock was sold at an average price of $37.47, for a total value of $184,839.51. Following the sale, the chief accounting officer owned 100,585 shares of the company’s stock, valued at approximately $3,768,919.95. This represents a 4.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Benjamin Louis Kirchhoff also recently made the following trade(s):

• On Wednesday, September 10th, Benjamin Louis Kirchhoff sold 1,772 shares of Samsara stock. The stock was sold at an average price of $38.13, for a total value of $67,566.36.

Samsara Stock Up 0.1%

Samsara stock opened at $37.26 on Wednesday. The business has a fifty day moving average of $36.77 and a two-hundred day moving average of $39.25. The firm has a market cap of $21.37 billion, a P/E ratio of -232.84 and a beta of 1.61. Samsara Inc. has a twelve month low of $31.40 and a twelve month high of $61.90.

Samsara (NYSE:IOT) last posted its earnings results on Thursday, September 4th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.05. The company had revenue of $391.48 million during the quarter, compared to analyst estimates of $372.22 million. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.Samsara’s revenue was up 30.4% on a year-over-year basis. During the same quarter in the prior 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 expect that Samsara Inc. will post -0.3 earnings per share for the current year.

Hedge Funds Weigh In On Samsara

Several hedge funds have recently made changes to their positions in IOT. Keystone Financial Group Inc. increased its position in shares of Samsara by 300.0% in the 1st quarter. Keystone Financial Group Inc. now owns 600 shares of the company’s stock valued at $25,000 after acquiring an additional 450 shares during the period. Catalyst Capital Advisors LLC acquired a new position in shares of Samsara in the 2nd quarter valued at $28,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Samsara in the 1st quarter valued at $31,000. CWM LLC increased its position in shares of Samsara by 385.3% in the 1st quarter. CWM LLC now owns 1,053 shares of the company’s stock valued at $40,000 after acquiring an additional 836 shares during the period. Finally, AlphaQuest LLC increased its position in shares of Samsara by 519.6% in the 1st quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock valued at $40,000 after acquiring an additional 873 shares during the period. 96.02% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on IOT. Morgan Stanley increased their price objective on Samsara from $50.00 to $53.00 and gave the company an “equal weight” rating in a report on Monday, September 8th. Wells Fargo & Company increased their price objective on Samsara from $48.00 to $50.00 and gave the company an “overweight” rating in a report on Friday, June 6th. Piper Sandler increased their price objective on Samsara from $47.00 to $48.00 and gave the company an “overweight” rating in a report on Friday, September 5th. Wall Street Zen lowered Samsara from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Finally, Evercore ISI set a $45.00 price objective on Samsara in a report on Wednesday, June 25th. Eight investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently 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.