Samsara (NYSE:IOT) Insider Sells 167,210 Shares

Samsara Inc. (NYSE:IOT) insider John Bicket sold 167,210 shares of the stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $26.60, for a total value of $4,447,786.00. Following the completion of the transaction, the insider owned 36,400 shares of the company’s stock, valued at $968,240. This represents a 82.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, April 15th, John Bicket sold 96,690 shares of Samsara stock. The stock was sold at an average price of $27.98, for a total value of $2,705,386.20.
• On Thursday, April 2nd, John Bicket sold 10,009 shares of Samsara stock. The shares were sold at an average price of $30.96, for a total value of $309,878.64.
• On Wednesday, April 1st, John Bicket sold 116,486 shares of Samsara stock. The shares were sold at an average price of $31.80, for a total transaction of $3,704,254.80.
• On Tuesday, March 31st, John Bicket sold 137,405 shares of Samsara stock. The stock was sold at an average price of $31.44, for a total transaction of $4,320,013.20.
• On Tuesday, February 17th, John Bicket sold 263,900 shares of Samsara stock. The shares were sold at an average price of $25.87, for a total transaction of $6,827,093.00.
• On Wednesday, February 4th, John Bicket sold 208,536 shares of Samsara stock. The shares were sold at an average price of $25.20, for a total transaction of $5,255,107.20.
• On Tuesday, February 3rd, John Bicket sold 55,364 shares of Samsara stock. The shares were sold at an average price of $25.23, for a total transaction of $1,396,833.72.
• On Tuesday, January 20th, John Bicket sold 263,900 shares of Samsara stock. The stock was sold at an average price of $32.43, for a total transaction of $8,558,277.00.

Samsara Price Performance

Shares of Samsara stock traded up $0.68 during trading on Thursday, hitting $29.53. The company’s stock had a trading volume of 9,737,465 shares, compared to its average volume of 8,257,559. The stock has a market cap of $17.15 billion, a price-to-earnings ratio of -1,475.76, a price-to-earnings-growth ratio of 9.72 and a beta of 1.50. Samsara Inc. has a 52 week low of $23.38 and a 52 week high of $48.40. The stock has a 50-day moving average price of $29.63 and a two-hundred day moving average price of $34.33.

Samsara (NYSE:IOT) last announced its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.05. The business had revenue of $444.30 million during the quarter, compared to analyst estimates of $422.29 million. Samsara had a negative return on equity of 0.72% and a negative net margin of 0.56%.Samsara’s revenue for the quarter was up 28.3% compared to the same quarter last year. During the same period last year, the company earned $0.11 EPS. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. On average, equities analysts predict that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on IOT. Wells Fargo & Company raised their price target on shares of Samsara from $43.00 to $46.00 and gave the stock an “overweight” rating in a report on Friday, March 6th. Zacks Research upgraded shares of Samsara from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 13th. KeyCorp lifted their target price on shares of Samsara from $40.00 to $41.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. UBS Group restated a “buy” rating and issued a $48.00 target price on shares of Samsara in a report on Friday, March 6th. Finally, Piper Sandler reiterated an “overweight” rating and set a $39.00 price target (up from $37.00) on shares of Samsara in a report on Friday, March 6th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $46.18.

Hedge Funds Weigh In On Samsara

A number of large investors have recently modified their holdings of the company. Acumen Wealth Advisors LLC bought a new stake in Samsara during the 4th quarter valued at $28,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of Samsara by 312.6% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock valued at $31,000 after buying an additional 669 shares in the last quarter. Versant Capital Management Inc lifted its stake in shares of Samsara by 6,078.6% in the third quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock valued at $32,000 after buying an additional 851 shares in the last quarter. AlphaCentric Advisors LLC acquired a new position in shares of Samsara during the fourth quarter valued at about $36,000. Finally, Optiver Holding B.V. grew its holdings in shares of Samsara by 953.2% during the third quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock valued at $44,000 after buying an additional 1,058 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors.

About Samsara

Samsara develops an industrial Internet of Things (IoT) platform designed to help organizations monitor, manage, and optimize physical operations. The company combines connected hardware — including telematics devices, GPS trackers, dash cameras, and environmental sensors — with cloud-based software to provide real-time visibility into vehicles, mobile equipment, and fixed assets. Its software offers tools for fleet management, driver and worker safety, asset tracking, compliance (including electronic logging), maintenance scheduling, and operational analytics.

The Samsara platform emphasizes integration of live data streams with analytics and workflow features to drive efficiency and safety across industries that rely on dispersed equipment and mobile workforces.