Samsara Inc. (NYSE:IOT – Get Free Report) CAO Benjamin Louis Kirchhoff sold 2,554 shares of Samsara stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $27.47, for a total value of $70,158.38. Following the completion of the sale, the chief accounting officer owned 111,704 shares of the company’s stock, valued at approximately $3,068,508.88. The trade was a 2.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Benjamin Louis Kirchhoff also recently made the following trade(s):
- On Monday, April 13th, Benjamin Louis Kirchhoff sold 2,480 shares of Samsara stock. The stock was sold at an average price of $26.02, for a total value of $64,529.60.
- On Tuesday, February 17th, Benjamin Louis Kirchhoff sold 1,731 shares of Samsara stock. The stock was sold at an average price of $26.64, for a total value of $46,113.84.
Samsara Stock Up 5.7%
Shares of IOT stock opened at $29.59 on Friday. The stock has a 50-day moving average price of $30.60 and a 200 day moving average price of $33.12. The firm has a market cap of $17.18 billion, a price-to-earnings ratio of -1,478.71, a PEG ratio of 10.26 and a beta of 1.29. Samsara Inc. has a 12 month low of $23.38 and a 12 month high of $48.40.
Institutional Trading of Samsara
A number of hedge funds have recently bought and sold shares of IOT. Baillie Gifford & Co. boosted its position in Samsara by 15.0% during the fourth quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock worth $1,689,565,000 after acquiring an additional 6,208,553 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Samsara by 58.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock worth $421,079,000 after acquiring an additional 4,401,082 shares in the last quarter. Norges Bank acquired a new stake in shares of Samsara in the fourth quarter worth $127,415,000. Vanguard Group Inc. increased its position in shares of Samsara by 11.5% in the fourth quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock worth $1,174,620,000 after acquiring an additional 3,417,849 shares in the last quarter. Finally, Brown Advisory Inc. increased its position in shares of Samsara by 42.1% in the fourth quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock worth $397,536,000 after acquiring an additional 3,322,023 shares in the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on IOT. Evercore restated an “outperform” rating on shares of Samsara in a research report on Friday, March 6th. BTIG Research decreased their target price on Samsara from $55.00 to $45.00 and set a “buy” rating for the company in a research report on Friday, March 6th. Weiss Ratings restated a “sell (d-)” rating on shares of Samsara in a research report on Thursday, January 22nd. Piper Sandler restated an “overweight” rating and set a $39.00 target price (up from $37.00) on shares of Samsara in a research report on Friday, March 6th. Finally, Royal Bank Of Canada boosted their target price on Samsara from $35.00 to $41.00 and gave the stock an “outperform” rating in a research report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $46.18.
More Samsara News
Here are the key news stories impacting Samsara this week:
- Positive Sentiment: Recent coverage highlights Samsara’s annual recurring revenue reaching $1.89 billion, with enterprise adoption and AI-driven products still fueling growth despite a tougher competitive backdrop. Samsara Declines 22.4% Year to Date: Buy, Hold or Sell the Stock?
- Positive Sentiment: Analysts remain constructive, with multiple firms maintaining buy-equivalent ratings and an average target price above the current trading range, reinforcing the market’s long-term growth expectations for IOT. NYSE:IOT stock page
- Neutral Sentiment: Commentary also frames Samsara as a valuation debate, suggesting investors are still weighing its strong revenue growth against the stock’s pullback from earlier highs. NYSE Composite: Is Samsara AI Transforming Public Operations?
- Negative Sentiment: Several insider sales by co-founder/CEO Sanjit Biswas, co-founder John Bicket, and CAO Benjamin Louis Kirchhoff totaled hundreds of thousands of shares, which may weigh on sentiment even though the transactions were made under pre-arranged 10b5-1 plans. SEC filing for Sanjit Biswas sale SEC filing for John Bicket sale SEC filing for Benjamin Louis Kirchhoff sale
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.
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