Samsara (NYSE:IOT) CEO Sanjit Biswas Sells 93,969 Shares of Company Stock

Posted by Lauren Steadman on Nov 15th, 2026

Samsara Inc. (NYSE:IOT – Get Free Report) CEO Sanjit Biswas sold 93,969 shares of the company’s stock in a transaction that occurred on Tuesday, November 10th. The stock was sold at an average price of $41.39, for a total transaction of $3,889,376.91. Following the completion of the transaction, the chief executive officer owned 19,800 shares in the company, valued at approximately $819,522. This trade represents a 82.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sanjit Biswas also recently made the following trade(s):

On Thursday, November 12th, Sanjit Biswas sold 66,560 shares of Samsara stock. The shares were sold at an average price of $41.44, for a total transaction of $2,758,246.40.
On Wednesday, November 11th, Sanjit Biswas sold 74,489 shares of Samsara stock. The shares were sold at an average price of $42.05, for a total transaction of $3,132,262.45.
On Tuesday, October 27th, Sanjit Biswas sold 114,813 shares of Samsara stock. The stock was sold at an average price of $43.38, for a total transaction of $4,980,587.94.
On Thursday, October 29th, Sanjit Biswas sold 40,875 shares of Samsara stock. The stock was sold at an average price of $41.57, for a total transaction of $1,699,173.75.
On Wednesday, October 28th, Sanjit Biswas sold 108,212 shares of Samsara stock. The stock was sold at an average price of $42.97, for a total transaction of $4,649,869.64.
On Thursday, October 15th, Sanjit Biswas sold 65,402 shares of Samsara stock. The shares were sold at an average price of $42.27, for a total transaction of $2,764,542.54.
On Wednesday, October 14th, Sanjit Biswas sold 103,110 shares of Samsara stock. The shares were sold at an average price of $41.14, for a total transaction of $4,241,945.40.
On Tuesday, October 13th, Sanjit Biswas sold 95,388 shares of Samsara stock. The stock was sold at an average price of $41.87, for a total transaction of $3,993,895.56.
On Thursday, October 1st, Sanjit Biswas sold 21,129 shares of Samsara stock. The stock was sold at an average price of $38.81, for a total transaction of $820,016.49.
On Wednesday, September 30th, Sanjit Biswas sold 84,369 shares of Samsara stock. The stock was sold at an average price of $38.40, for a total transaction of $3,239,769.60.

Samsara Stock Performance

IOT traded up $0.06 during trading on Friday, reaching $41.38. The stock had a trading volume of 2,568,004 shares, compared to its average volume of 3,664,249. The stock has a market cap of $24.23 billion, a PE ratio of 258.62, a PEG ratio of 10.15 and a beta of 1.33. Samsara Inc. has a one year low of $23.38 and a one year high of $47.47. The business has a 50-day moving average of $40.96 and a 200-day moving average of $34.75.

Samsara (NYSE:IOT – Get Free Report) last released its quarterly earnings results on Thursday, September 3rd. The company reported $0.20 earnings per share for the quarter, beating 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 business had revenue of $508.44 million for the quarter, compared to the consensus estimate of $483.29 million. During the same quarter last year, the business posted $0.12 earnings per share. The company’s revenue for the quarter was up 29.9% on a year-over-year basis. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. Equities research analysts forecast that Samsara Inc. will post 0.13 EPS for the current fiscal year.

Wall Street Analyst Weigh In

IOT has been the topic of a number of research reports. BTIG Research raised their price objective on Samsara from $45.00 to $54.00 and gave the company a “buy” rating in a report on Friday, September 4th. Craig Hallum reaffirmed a “buy” rating and issued a $54.00 target price on shares of Samsara in a research note on Friday, September 4th. BMO Capital Markets increased their price target on shares of Samsara from $44.00 to $54.00 and gave the company an “outperform” rating in a research report on Friday, September 4th. KeyCorp increased their price target on shares of Samsara from $46.00 to $55.00 and gave the company an “overweight” rating in a research report on Friday, September 4th. Finally, Truist Financial lifted their price target on shares of Samsara from $38.00 to $48.00 and gave the stock a “hold” rating in a research note 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 stock. Based on data from MarketBeat.com, Samsara presently has an average rating of “Moderate Buy” and an average price target of $51.68.

Check Out Our Latest Analysis on Samsara

Trending Headlines about Samsara

These are some of the IOT headlines that stood out recently:

Positive Sentiment: Samsara launched what it describes as an industry-first 360-degree camera designed for open-cab equipment. The launch could broaden its equipment-monitoring offerings and appeal to customers operating in additional work environments. Samsara launches 360-degree camera article
Negative Sentiment: CEO Sanjit Biswas and insider John Bicket reported selling shares in transactions from Nov. 10–12, totaling roughly 470,000 shares based on the reported amounts. The sales could concern investors, though both were executed under pre-arranged Rule 10b5-1 plans, tempering the signal. John Bicket SEC filing Sanjit Biswas SEC filing

Hedge Funds Weigh In On Samsara

A number of large investors have recently bought and sold shares of the stock. Apollon Wealth Management LLC raised its position in shares of Samsara by 0.7% in the 3rd quarter. Apollon Wealth Management LLC now owns 34,924 shares of the company’s stock worth $1,332,000 after purchasing an additional 257 shares during the last quarter. Cim LLC boosted its stake in Samsara by 1.3% in the 1st quarter. Cim LLC now owns 34,505 shares of the company’s stock worth $1,093,000 after purchasing an additional 455 shares in the last quarter. Flputnam Investment Management Co. grew its position in Samsara by 8.3% during the 3rd quarter. Flputnam Investment Management Co. now owns 6,499 shares of the company’s stock valued at $248,000 after purchasing an additional 499 shares during the last quarter. Lido Advisors LLC grew its position in Samsara by 1.4% during the 1st quarter. Lido Advisors LLC now owns 40,044 shares of the company’s stock valued at $1,269,000 after purchasing an additional 534 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in Samsara by 22.4% during the 3rd quarter. GAMMA Investing LLC now owns 3,502 shares of the company’s stock valued at $134,000 after purchasing an additional 640 shares in the last quarter. 96.02% of the stock is owned by hedge funds and other institutional investors.

About Samsara

(Get Free Report)

Samsara Inc. is a technology company that provides a cloud-based platform for managing connected operations. Its platform combines Internet of Things (IoT) devices, software and data analytics to help organizations monitor vehicles, equipment, worksites and other physical assets. The company’s products include vehicle telematics, fleet management tools, AI-enabled dash cameras, equipment monitoring and software for routing, driver safety and operational workflows. Its customers span industries such as transportation, construction, field services, manufacturing and the public sector.