Samsara (NYSE:IOT) Insider Sells $1,959,283.52 in Stock

Samsara Inc. (NYSE:IOT) insider Dominic Phillips sold 48,116 shares of the stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $40.72, for a total transaction of $1,959,283.52. Following the completion of the sale, the insider owned 573,114 shares in the company, valued at $23,337,202.08. This represents a 7.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Dominic Phillips also recently made the following trade(s):

• On Wednesday, December 10th, Dominic Phillips sold 8,231 shares of Samsara stock. The shares were sold at an average price of $44.46, for a total transaction of $365,950.26.
• On Friday, December 5th, Dominic Phillips sold 18,348 shares of Samsara stock. The stock was sold at an average price of $46.09, for a total transaction of $845,659.32.
• On Monday, November 3rd, Dominic Phillips sold 18,348 shares of Samsara stock. The stock was sold at an average price of $40.39, for a total value of $741,075.72.
• On Wednesday, October 1st, Dominic Phillips sold 18,904 shares of Samsara stock. The shares were sold at an average price of $37.83, for a total value of $715,138.32.

Samsara Price Performance

NYSE IOT traded down $0.72 during trading on Tuesday, reaching $38.95. The company’s stock had a trading volume of 6,128,747 shares, compared to its average volume of 5,024,713. The stock has a market capitalization of $22.34 billion, a PE ratio of -486.88 and a beta of 1.61. The firm has a fifty day moving average of $38.99 and a 200 day moving average of $38.58. Samsara Inc. has a one year low of $31.40 and a one year high of $61.90.

Samsara (NYSE:IOT) last issued its quarterly earnings results on Thursday, December 4th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.11). Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. The business had revenue of $415.98 million for the quarter, compared to the consensus estimate of $398.92 million. During the same quarter last year, the business posted $0.07 EPS. The business’s revenue was up 29.2% compared to the same quarter last year. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. Research analysts expect that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Analyst Ratings Changes

IOT has been the topic of a number of research analyst reports. KeyCorp began coverage on shares of Samsara in a report on Tuesday, December 9th. They issued an “overweight” rating and a $55.00 price target on the stock. JPMorgan Chase & Co. increased their target price on Samsara from $46.00 to $48.00 and gave the company a “neutral” rating in a research note on Friday, December 5th. Jefferies Financial Group set a $57.00 price target on Samsara in a research report on Wednesday, December 10th. Cowen reiterated a “buy” rating on shares of Samsara in a report on Friday, December 5th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Samsara in a research report on Wednesday, October 8th. Eleven analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $51.53.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of IOT. Catalyst Capital Advisors LLC bought a new stake in shares of Samsara in the 2nd quarter valued at about $28,000. Versant Capital Management Inc increased its stake in Samsara by 6,078.6% in the 3rd quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock worth $32,000 after purchasing an additional 851 shares during the period. Family Legacy Financial Solutions LLC purchased a new position in Samsara in the 2nd quarter worth approximately $40,000. AlphaQuest LLC lifted its position in Samsara by 519.6% in the first quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock valued at $40,000 after purchasing an additional 873 shares during the last quarter. Finally, Whipplewood Advisors LLC lifted its position in Samsara by 349.8% in the second quarter. Whipplewood Advisors LLC now owns 1,093 shares of the company’s stock valued at $43,000 after purchasing an additional 850 shares during the last quarter. 96.02% of the stock is owned by institutional investors.

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.