Samsara (NYSE:IOT) Insider Dominic Phillips Sells 17,908 Shares of Stock

Samsara Inc. (NYSE:IOT) insider Dominic Phillips sold 17,908 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $37.62, for a total transaction of $673,698.96. Following the completion of the sale, the insider owned 1,048,982 shares in the company, valued at approximately $39,462,702.84. This trade represents a 1.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, August 3rd, Dominic Phillips sold 11,710 shares of Samsara stock. The shares were sold at an average price of $37.62, for a total transaction of $440,530.20.
• On Wednesday, July 1st, Dominic Phillips sold 17,909 shares of Samsara stock. The stock was sold at an average price of $33.32, for a total transaction of $596,727.88.
• On Wednesday, July 1st, Dominic Phillips sold 12,065 shares of Samsara stock. The shares were sold at an average price of $33.32, for a total value of $402,005.80.
• On Friday, June 5th, Dominic Phillips sold 19,547 shares of Samsara stock. The shares were sold at an average price of $35.39, for a total value of $691,768.33.

Samsara Stock Up 0.4%

IOT opened at $38.74 on Thursday. The firm has a market cap of $22.58 billion, a PE ratio of 387.46, a P/E/G ratio of 8.67 and a beta of 1.34. The business has a fifty day simple moving average of $34.87 and a 200-day simple moving average of $31.59. Samsara Inc. has a fifty-two week low of $23.38 and a fifty-two week high of $47.47.

Samsara (NYSE:IOT) last issued its earnings results on Thursday, June 4th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The business had revenue of $478.84 million for the quarter, compared to analysts’ expectations of $455.21 million. During the same period in the previous year, the firm posted $0.11 EPS. The company’s quarterly revenue was up 30.5% on a year-over-year basis. 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, equities research analysts anticipate that Samsara Inc. will post 0.15 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have commented on IOT. Zacks Research lowered shares of Samsara from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 5th. BTIG Research restated a “buy” rating and set a $45.00 price target on shares of Samsara in a report on Friday, June 26th. Morgan Stanley set a $43.00 price target on shares of Samsara in a research report on Tuesday, July 21st. TD Cowen reaffirmed a “buy” rating and issued a $45.00 price objective on shares of Samsara in a research note on Thursday, June 25th. Finally, Jefferies Financial Group upgraded shares of Samsara to a “buy” rating in a research report on Thursday, June 11th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $45.33.

Hedge Funds Weigh In On Samsara

A number of large investors have recently made changes to their positions in IOT. USS Investment Management Ltd acquired a new stake in shares of Samsara during the 1st quarter valued at $28,232,000. Allen Operations LLC increased its stake in shares of Samsara by 83.3% in the fourth quarter. Allen Operations LLC now owns 66,020 shares of the company’s stock worth $2,340,000 after acquiring an additional 30,000 shares during the last quarter. Spyglass Capital Management LLC increased its stake in shares of Samsara by 25.5% in the first quarter. Spyglass Capital Management LLC now owns 2,946,646 shares of the company’s stock worth $93,379,000 after acquiring an additional 599,651 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Samsara by 17.8% during the fourth quarter. Geode Capital Management LLC now owns 6,196,703 shares of the company’s stock worth $219,035,000 after acquiring an additional 935,855 shares in the last quarter. Finally, Jordan Park Trust Co LLC raised its holdings in shares of Samsara by 54.1% during the fourth quarter. Jordan Park Trust Co LLC now owns 3,833,929 shares of the company’s stock worth $135,913,000 after acquiring an additional 1,346,628 shares in the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

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.