Insider Selling: Samsara (NYSE:IOT) Insider Sells 123,336 Shares of Stock

Samsara Inc. (NYSE:IOT) insider Sanjit Biswas sold 123,336 shares of the company’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $36.50, for a total value of $4,501,764.00. Following the sale, the insider owned 18,000 shares of the company’s stock, valued at $657,000. This trade represents a 87.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Wednesday, November 19th, Sanjit Biswas sold 36,664 shares of Samsara stock. The stock was sold at an average price of $36.13, for a total transaction of $1,324,670.32.
• 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 shares were 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 shares were sold at an average price of $38.36, for a total value 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 transaction 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 transaction of $4,592,971.35.

Samsara Stock Performance

Shares of IOT traded down $1.37 during midday trading on Thursday, hitting $35.08. 4,076,004 shares of the stock were exchanged, compared to its average volume of 4,874,547. The firm has a market cap of $20.12 billion, a P/E ratio of -219.23 and a beta of 1.61. The stock has a fifty day simple moving average of $38.61 and a 200 day simple moving average of $39.33. Samsara Inc. has a 52-week low of $31.40 and a 52-week high of $61.90.

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

Institutional Trading of Samsara

Several hedge funds and other institutional investors have recently bought and sold shares of IOT. Gerber Kawasaki Wealth & Investment Management lifted its position in shares of Samsara by 0.5% in the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 54,000 shares of the company’s stock worth $2,070,000 after buying an additional 250 shares during the last quarter. Nemes Rush Group LLC increased its holdings in shares of Samsara by 7.8% during the first quarter. Nemes Rush Group LLC now owns 3,597 shares of the company’s stock valued at $138,000 after purchasing an additional 260 shares during the period. Lazard Asset Management LLC lifted its stake in shares of Samsara by 2.0% in the 3rd quarter. Lazard Asset Management LLC now owns 13,971 shares of the company’s stock worth $520,000 after acquiring an additional 279 shares during the period. KLP Kapitalforvaltning AS boosted its stake in Samsara by 0.3% during the 3rd quarter. KLP Kapitalforvaltning AS now owns 113,900 shares of the company’s stock valued at $4,243,000 after purchasing an additional 300 shares in the last quarter. Finally, Jefferies Financial Group Inc. grew its holdings in Samsara by 1.6% during the third quarter. Jefferies Financial Group Inc. now owns 20,995 shares of the company’s stock worth $782,000 after acquiring an additional 322 shares during the period. 96.02% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have issued reports on IOT shares. Truist Financial raised their price objective on shares of Samsara from $35.00 to $39.00 and gave the stock a “hold” rating in a research report on Friday, September 5th. BMO Capital Markets decreased their price target on Samsara from $54.00 to $47.00 and set an “outperform” rating on the stock in a research note on Friday, September 5th. Royal Bank Of Canada lifted their target price on shares of Samsara from $44.00 to $46.00 and gave the stock an “outperform” rating in a research report on Friday, September 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Samsara in a research note on Wednesday, October 8th. Finally, Craig Hallum raised Samsara from a “hold” rating to a “buy” rating and lifted their price objective for the company from $42.00 to $48.00 in a research report on Friday, September 5th. Eight research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Samsara currently has an average rating of “Hold” and an average price target 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.