Insider Selling: Samsara (NYSE:IOT) Insider Sells 10,937 Shares of Stock

Samsara Inc. (NYSE:IOT) insider Sanjit Biswas sold 10,937 shares of the company’s stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $38.38, for a total value of $419,762.06. Following the transaction, the insider directly owned 298,952 shares of the company’s stock, valued at $11,473,777.76. The trade was a 3.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Tuesday, November 4th, Sanjit Biswas sold 149,063 shares of Samsara stock. The stock was sold at an average price of $38.94, for a total value of $5,804,513.22.
• On Tuesday, October 21st, Sanjit Biswas sold 160,000 shares of Samsara stock. The stock was sold at an average price of $38.63, for a total value of $6,180,800.00.
• On Tuesday, October 7th, Sanjit Biswas sold 160,000 shares of Samsara stock. The stock was sold at an average price of $38.36, for a total value of $6,137,600.00.
• On Wednesday, September 24th, Sanjit Biswas sold 26,590 shares of Samsara stock. The stock was sold at an average price of $37.60, for a total value of $999,784.00.
• On Tuesday, September 23rd, Sanjit Biswas sold 133,410 shares of Samsara stock. The stock was sold at an average price of $38.97, for a total value of $5,198,987.70.
• On Wednesday, September 3rd, Sanjit Biswas sold 30,145 shares of Samsara stock. The stock was sold at an average price of $35.57, for a total value of $1,072,257.65.
• On Tuesday, September 2nd, Sanjit Biswas sold 129,855 shares of Samsara stock. The stock was sold at an average price of $35.37, for a total value of $4,592,971.35.
• On Wednesday, August 20th, Sanjit Biswas sold 57,177 shares of Samsara stock. The stock was sold at an average price of $32.58, for a total value of $1,862,826.66.
• On Tuesday, August 19th, Sanjit Biswas sold 102,823 shares of Samsara stock. The stock was sold at an average price of $33.44, for a total value of $3,438,401.12.

Samsara Stock Performance

Shares of Samsara stock traded down $0.64 during midday trading on Thursday, hitting $38.11. The company had a trading volume of 4,226,657 shares, compared to its average volume of 4,910,350. The stock has a market capitalization of $21.86 billion, a P/E ratio of -238.19 and a beta of 1.61. The company has a 50 day moving average of $38.50 and a 200 day moving average of $39.36. Samsara Inc. has a 52-week low of $31.40 and a 52-week high of $61.90.

Samsara (NYSE:IOT) last posted its quarterly earnings results on Thursday, September 4th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.05. The company had revenue of $391.48 million for the quarter, compared to the consensus estimate of $372.22 million. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.The firm’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.05 EPS. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. Equities research analysts forecast that Samsara Inc. will post -0.3 EPS for the current year.

Hedge Funds Weigh In On Samsara

Hedge funds and other institutional investors have recently modified their holdings of the company. Keystone Financial Group Inc. lifted its holdings in shares of Samsara by 300.0% during the 1st quarter. Keystone Financial Group Inc. now owns 600 shares of the company’s stock valued at $25,000 after buying an additional 450 shares during the period. Catalyst Capital Advisors LLC bought a new position in Samsara in the 2nd quarter worth $28,000. Versant Capital Management Inc raised its holdings in Samsara by 6,078.6% in the 3rd quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock worth $32,000 after purchasing an additional 851 shares during the period. Family Legacy Financial Solutions LLC bought a new position in Samsara in the 2nd quarter worth $40,000. Finally, AlphaQuest LLC raised its holdings in Samsara by 519.6% in the 1st quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock worth $40,000 after purchasing an additional 873 shares during the period. 96.02% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on IOT. Morgan Stanley upped their price objective on Samsara from $50.00 to $53.00 and gave the company an “equal weight” rating in a research report on Monday, September 8th. Zacks Research cut Samsara from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Wall Street Zen cut Samsara from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Craig Hallum raised Samsara from a “hold” rating to a “buy” rating and increased their price target for the company from $42.00 to $48.00 in a report on Friday, September 5th. Finally, Royal Bank Of Canada increased their price target on Samsara from $44.00 to $46.00 and gave the company an “outperform” rating in a report on Friday, September 5th. Eight research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $49.55.

Samsara Company Profile

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.