Samsara (NYSE:IOT) Trading 9.4% Higher – Should You Buy?

Samsara Inc. (NYSE:IOT)’s share price traded up 9.4% during trading on Wednesday . The company traded as high as $35.54 and last traded at $35.48. Approximately 1,784,436 shares changed hands during trading, a decline of 76% from the average session volume of 7,345,926 shares. The stock had previously closed at $32.43.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on IOT. BTIG Research restated a “buy” rating and set a $45.00 price objective on shares of Samsara in a report on Friday, June 26th. TD Cowen restated a “buy” rating and set a $45.00 target price on shares of Samsara in a report on Thursday, June 25th. KeyCorp reissued an “overweight” rating on shares of Samsara in a research report on Friday, June 26th. Jefferies Financial Group raised shares of Samsara to a “buy” rating in a research note on Thursday, June 11th. Finally, UBS Group reaffirmed a “buy” rating and issued a $48.00 target price on shares of Samsara in a research report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Samsara presently has an average rating of “Moderate Buy” and an average price target of $45.94.

Samsara Stock Up 8.2%

The company has a 50 day moving average of $31.43 and a 200 day moving average of $31.59. The stock has a market capitalization of $20.45 billion, a price-to-earnings ratio of 350.99, a price-to-earnings-growth ratio of 7.53 and a beta of 1.34.

Samsara (NYSE:IOT) last posted its earnings results on Thursday, June 4th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.04. The business had revenue of $478.84 million for the quarter, compared to analyst estimates of $455.21 million. Samsara had a net margin of 3.32% and a return on equity of 2.00%. The business’s quarterly revenue was up 30.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.11 EPS. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. On average, research analysts forecast that Samsara Inc. will post 0.15 earnings per share for the current fiscal year.

Insider Transactions at Samsara

In related news, insider Dominic Phillips sold 19,547 shares of Samsara stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $35.39, for a total transaction of $691,768.33. Following the sale, the insider directly owned 929,575 shares in the company, valued at $32,897,659.25. The trade was a 2.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Adam Eltoukhy sold 2,039 shares of the stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $32.08, for a total transaction of $65,411.12. Following the completion of the transaction, the insider owned 425,080 shares of the company’s stock, valued at $13,636,566.40. This trade represents a 0.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 4,459,353 shares of company stock worth $139,201,972 over the last quarter. Insiders own 35.13% of the company’s stock.

Institutional Investors Weigh In On Samsara

Institutional investors and hedge funds have recently bought and sold shares of the business. Acumen Wealth Advisors LLC bought a new stake in shares of Samsara in the 4th quarter worth approximately $28,000. Caitong International Asset Management Co. Ltd raised its holdings in Samsara by 312.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock worth $31,000 after buying an additional 669 shares during the period. AlphaCentric Advisors LLC acquired a new position in Samsara during the fourth quarter worth $36,000. IFP Advisors Inc raised its holdings in Samsara by 194.4% during the third quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock valued at $47,000 after buying an additional 828 shares in the last quarter. Finally, Los Angeles Capital Management LLC bought a new stake in shares of Samsara during the 4th quarter worth about $52,000. 96.02% of the stock is owned by institutional investors and hedge funds.

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.