John Bicket Sells 149,277 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 149,277 shares of Samsara stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $38.94, for a total transaction of $5,812,846.38. Following the sale, the insider owned 24,000 shares of the company’s stock, valued at approximately $934,560. This trade represents a 86.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

John Bicket also recently made the following trade(s):

• On Wednesday, November 5th, John Bicket sold 20,723 shares of Samsara stock. The stock was sold at an average price of $38.52, for a total transaction of $798,249.96.
• On Tuesday, October 21st, John Bicket sold 170,000 shares of Samsara stock. The stock was sold at an average price of $38.66, for a total transaction of $6,572,200.00.
• On Tuesday, October 7th, John Bicket sold 170,000 shares of Samsara stock. The shares were sold at an average price of $38.35, for a total value of $6,519,500.00.
• On Wednesday, September 24th, John Bicket sold 36,579 shares of Samsara stock. The stock was sold at an average price of $37.50, for a total value of $1,371,712.50.
• On Tuesday, September 23rd, John Bicket sold 133,421 shares of Samsara stock. The stock was sold at an average price of $38.97, for a total value of $5,199,416.37.
• On Wednesday, September 3rd, John Bicket sold 40,320 shares of Samsara stock. The shares were sold at an average price of $35.61, for a total value of $1,435,795.20.
• On Tuesday, September 2nd, John Bicket sold 129,680 shares of Samsara stock. The shares were sold at an average price of $35.37, for a total value of $4,586,781.60.
• On Wednesday, August 20th, John Bicket sold 67,349 shares of Samsara stock. The stock was sold at an average price of $32.64, for a total value of $2,198,271.36.
• On Tuesday, August 19th, John Bicket sold 102,651 shares of Samsara stock. The shares were sold at an average price of $33.44, for a total value of $3,432,649.44.

Samsara Price Performance

NYSE IOT opened at $38.93 on Friday. The company has a market cap of $22.33 billion, a P/E ratio of -243.33 and a beta of 1.61. Samsara Inc. has a 12 month low of $31.40 and a 12 month high of $61.90. The company has a 50-day moving average of $38.59 and a 200-day moving average of $39.38.

Samsara (NYSE:IOT) last released its earnings results on Thursday, September 4th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.05. Samsara had a negative net margin of 6.16% and a negative return on equity of 7.53%. The business had revenue of $391.48 million for the quarter, compared to analysts’ expectations of $372.22 million. During the same period last year, the company earned $0.05 earnings per share. The company’s quarterly revenue was up 30.4% on a year-over-year basis. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. As a group, equities research analysts anticipate that Samsara Inc. will post -0.3 EPS for the current year.

Institutional Investors Weigh In On Samsara

Several institutional investors and hedge funds have recently modified their holdings of IOT. Baillie Gifford & Co. grew its stake in shares of Samsara by 7.1% in the first quarter. Baillie Gifford & Co. now owns 35,277,488 shares of the company’s stock valued at $1,352,186,000 after buying an additional 2,348,101 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Samsara by 6.9% in the 3rd quarter. Vanguard Group Inc. now owns 29,716,700 shares of the company’s stock worth $1,106,947,000 after acquiring an additional 1,913,474 shares during the period. Sands Capital Management LLC grew its position in Samsara by 17.2% in the second quarter. Sands Capital Management LLC now owns 19,276,210 shares of the company’s stock valued at $766,808,000 after acquiring an additional 2,833,049 shares in the last quarter. Jennison Associates LLC raised its stake in shares of Samsara by 1,881.8% during the first quarter. Jennison Associates LLC now owns 11,763,133 shares of the company’s stock valued at $450,881,000 after purchasing an additional 11,169,571 shares during the period. Finally, State Street Corp raised its stake in shares of Samsara by 107.8% during the second quarter. State Street Corp now owns 5,611,956 shares of the company’s stock valued at $223,244,000 after purchasing an additional 2,910,916 shares during the period. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Wall Street Analysts Forecast Growth

IOT has been the subject of a number of research analyst reports. Craig Hallum upgraded Samsara from a “hold” rating to a “buy” rating and upped their price objective for the stock from $42.00 to $48.00 in a report on Friday, September 5th. BMO Capital Markets lowered their price target on Samsara from $54.00 to $47.00 and set an “outperform” rating for the company in a research report on Friday, September 5th. Piper Sandler upped their price target on Samsara from $47.00 to $48.00 and gave the stock an “overweight” rating in a research note on Friday, September 5th. Truist Financial raised 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. Finally, Evercore ISI set a $50.00 price objective on Samsara and gave the company an “outperform” rating in a research note on Wednesday, October 1st. Eight investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Samsara 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.