Adam Eltoukhy Sells 4,578 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 4,578 shares of the company’s stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $32.73, for a total transaction of $149,837.94. Following the sale, the insider directly owned 358,720 shares in the company, valued at $11,740,905.60. This trade represents a 1.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Adam Eltoukhy also recently made the following trade(s):

• On Monday, July 21st, Adam Eltoukhy sold 10,083 shares of Samsara stock. The stock was sold at an average price of $38.77, for a total transaction of $390,917.91.
• On Friday, June 27th, Adam Eltoukhy sold 10,083 shares of Samsara stock. The stock was sold at an average price of $39.89, for a total transaction of $402,210.87.
• On Monday, June 16th, Adam Eltoukhy sold 18,643 shares of Samsara stock. The stock was sold at an average price of $39.21, for a total transaction of $730,992.03.
• On Tuesday, June 10th, Adam Eltoukhy sold 10,451 shares of Samsara stock. The stock was sold at an average price of $41.23, for a total transaction of $430,894.73.

Samsara Price Performance

Shares of IOT opened at $34.7910 on Friday. The firm has a market capitalization of $19.81 billion, a PE ratio of -158.14 and a beta of 1.62. The company’s 50-day moving average is $37.27 and its 200-day moving average is $41.38. Samsara Inc. has a fifty-two week low of $31.40 and a fifty-two week high of $61.90.

Samsara (NYSE:IOT) last issued its quarterly earnings data on Thursday, June 5th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.05. The company had revenue of $366.88 million for the quarter, compared to analyst estimates of $351.44 million. Samsara had a negative net margin of 9.04% and a negative return on equity of 11.14%. The company’s revenue was up 30.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.03 earnings per share. Samsara has set its FY 2026 guidance at 0.390-0.410 EPS. Q2 2026 guidance at 0.060-0.070 EPS. Analysts predict that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently weighed in on IOT. Piper Sandler reissued an “overweight” rating and issued a $47.00 price objective (down from $53.00) on shares of Samsara in a research report on Thursday, August 7th. Zacks Research lowered shares of Samsara from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Evercore ISI set a $45.00 price objective on shares of Samsara in a research report on Wednesday, June 25th. Wells Fargo & Company increased their price objective on shares of Samsara from $48.00 to $50.00 and gave the company an “overweight” rating in a research report on Friday, June 6th. Finally, BMO Capital Markets increased their price objective on shares of Samsara from $48.00 to $54.00 and gave the company an “outperform” rating in a research report on Monday, June 2nd. Eight analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $50.21.

Hedge Funds Weigh In On Samsara

A number of hedge funds have recently bought and sold shares of IOT. Brighton Jones LLC bought a new position in Samsara during the fourth quarter worth about $13,464,000. Envestnet Asset Management Inc. grew its stake in Samsara by 44.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 48,549 shares of the company’s stock worth $2,121,000 after buying an additional 15,039 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Samsara during the fourth quarter worth about $2,634,000. Guggenheim Capital LLC acquired a new stake in Samsara during the fourth quarter worth about $294,000. Finally, NewEdge Advisors LLC grew its stake in Samsara by 262.0% during the fourth quarter. NewEdge Advisors LLC now owns 572 shares of the company’s stock worth $25,000 after buying an additional 414 shares in the last quarter. 96.02% of the stock is owned by institutional investors.

About Samsara

Samsara Inc provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.