Samsara (NYSE:IOT) Insider John Bicket Sells 65,209 Shares of Company Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 65,209 shares of the firm’s stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $42.27, for a total transaction of $2,756,384.43. Following the completion of the transaction, the insider directly owned 769,398 shares of the company’s stock, valued at $32,522,453.46. This represents a 7.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, October 14th, John Bicket sold 103,206 shares of Samsara stock. The shares were sold at an average price of $41.14, for a total transaction of $4,245,894.84.
• On Tuesday, October 13th, John Bicket sold 95,485 shares of Samsara stock. The shares were sold at an average price of $41.87, for a total transaction of $3,997,956.95.
• On Thursday, October 1st, John Bicket sold 20,523 shares of Samsara stock. The shares were sold at an average price of $38.83, for a total value of $796,908.09.
• On Wednesday, September 30th, John Bicket sold 84,950 shares of Samsara stock. The shares were sold at an average price of $38.40, for a total value of $3,262,080.00.
• On Tuesday, September 29th, John Bicket sold 158,427 shares of Samsara stock. The stock was sold at an average price of $37.73, for a total value of $5,977,450.71.
• On Thursday, August 20th, John Bicket sold 34,557 shares of Samsara stock. The stock was sold at an average price of $39.44, for a total value of $1,362,928.08.
• On Wednesday, August 19th, John Bicket sold 93,365 shares of Samsara stock. The shares were sold at an average price of $39.93, for a total value of $3,728,064.45.
• On Tuesday, August 18th, John Bicket sold 135,978 shares of Samsara stock. The shares were sold at an average price of $39.99, for a total value of $5,437,760.22.
• On Thursday, August 6th, John Bicket sold 57,267 shares of Samsara stock. The shares were sold at an average price of $37.89, for a total value of $2,169,846.63.
• On Wednesday, August 5th, John Bicket sold 87,079 shares of Samsara stock. The shares were sold at an average price of $38.64, for a total value of $3,364,732.56.

Samsara Trading Up 4.4%

Shares of Samsara stock opened at $42.61 on Friday. The stock has a 50-day moving average price of $39.98 and a 200 day moving average price of $35.23. The company has a market cap of $24.95 billion, a P/E ratio of 266.32, a P/E/G ratio of 10.02 and a beta of 1.35. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $47.47.

Samsara (NYSE:IOT) last announced its quarterly earnings data on Thursday, September 3rd. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. Samsara had a return on equity of 4.13% and a net margin of 4.90%. The firm had revenue of $508.44 million during the quarter, compared to analyst estimates of $483.29 million. During the same period last year, the company posted $0.12 EPS. The business’s quarterly revenue was up 29.9% compared to the same quarter last year. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. On average, equities analysts forecast that Samsara Inc. will post 0.13 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently commented on IOT shares. Piper Sandler restated a “neutral” rating and set a $46.00 price target (up from $40.00) on shares of Samsara in a report on Friday, September 4th. Morgan Stanley upped their price objective on shares of Samsara from $43.00 to $49.00 and gave the company an “equal weight” rating in a research note on Friday, September 4th. TD Cowen upped their price objective on shares of Samsara from $48.00 to $53.00 and gave the company a “buy” rating in a research note on Friday, September 4th. Wells Fargo & Company increased their target price on shares of Samsara from $50.00 to $58.00 and gave the stock an “overweight” rating in a research report on Friday, September 4th. Finally, Bank of America increased their target price on shares of Samsara from $47.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday, September 4th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Samsara presently has a consensus rating of “Moderate Buy” and an average price target of $51.68.

Samsara News Summary

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Tracking Label wins TIME recognition: Samsara’s disposable Bluetooth Tracking Label was named one of TIME’s Best Inventions of 2026 in the Logistics category. The product provides near-real-time shipment visibility across carriers and expands Samsara’s Connected Operations platform into high-value shipments, packages and pallets. The award adds credibility to the company’s product innovation and growth prospects. Samsara Tracking Label Named to TIME’s Best Inventions of 2026
• Neutral Sentiment: Fleet-employer scholarship recipients announced: Samsara and Trucking HR Canada announced the recipients of a scholarship recognizing top fleet employers. The announcement supports Samsara’s engagement with transportation and fleet-management customers but is unlikely to materially affect near-term financial results. Samsara and Trucking HR Canada Announce Recipients of Top Fleet Employers Scholarship
• Negative Sentiment: CEO and co-founder insider sales: CEO Sanjit Biswas sold a combined 263,900 shares for approximately $11.0 million across October 13–15, reducing his reported position by about 70% from the transactions. Co-founder John Bicket sold 263,900 shares worth approximately $11.0 million over the same period, also substantially reducing his holdings. The sales could raise concerns because of their size, but all were executed under pre-arranged Rule 10b5-1 trading plans, which indicates they were scheduled in advance and does not necessarily signal deteriorating confidence in Samsara’s business. SEC insider trading filing for John Bicket

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Markowski Investments purchased a new position in Samsara in the second quarter valued at about $37,000. Parkside Financial Bank & Trust increased its position in Samsara by 91.0% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,377 shares of the company’s stock worth $45,000 after purchasing an additional 656 shares during the last quarter. Anchor Investment Management LLC purchased a new stake in shares of Samsara during the 2nd quarter worth about $46,000. Westwind Capital purchased a new stake in shares of Samsara during the 3rd quarter worth about $64,000. Finally, CX Institutional purchased a new stake in shares of Samsara during the 2nd quarter worth about $64,000. Hedge funds and other institutional investors own 96.02% of the company’s stock.

About Samsara

Samsara Inc is a technology company that provides connected operations solutions for organizations with physical operations. Its platform combines Internet of Things (IoT) hardware, cloud-based software and data analytics to help businesses monitor vehicles, equipment, worksites and mobile workforces.

The Samsara Connected Operations Cloud includes vehicle telematics, GPS tracking, video-based safety, routing and dispatch tools, equipment monitoring, workforce and workflow management, and compliance solutions.