John Bicket Sells 46,559 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOTGet Free Report) insider John Bicket sold 46,559 shares of the business’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $36.11, for a total value of $1,681,245.49. Following the sale, the insider owned 355,173 shares of the company’s stock, valued at approximately $12,825,297.03. This represents a 11.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

  • On Tuesday, November 18th, John Bicket sold 123,441 shares of Samsara stock. The shares were sold at an average price of $36.51, for a total transaction of $4,506,830.91.
  • On Wednesday, November 5th, John Bicket sold 20,723 shares of Samsara stock. The shares were sold at an average price of $38.52, for a total transaction of $798,249.96.
  • On Tuesday, November 4th, John Bicket sold 149,277 shares of Samsara stock. The stock was sold at an average price of $38.94, for a total transaction of $5,812,846.38.
  • On Tuesday, October 21st, John Bicket sold 170,000 shares of Samsara stock. The shares were sold at an average price of $38.66, for a total transaction of $6,572,200.00.
  • On Tuesday, October 7th, John Bicket sold 170,000 shares of Samsara stock. The stock was sold at an average price of $38.35, for a total transaction of $6,519,500.00.
  • On Wednesday, September 24th, John Bicket sold 36,579 shares of Samsara stock. The stock was sold at an average price of $37.50, for a total transaction of $1,371,712.50.
  • On Tuesday, September 23rd, John Bicket sold 133,421 shares of Samsara stock. The shares were sold at an average price of $38.97, for a total transaction of $5,199,416.37.
  • On Wednesday, September 3rd, John Bicket sold 40,320 shares of Samsara stock. The stock was sold at an average price of $35.61, for a total value of $1,435,795.20.
  • On Tuesday, September 2nd, John Bicket sold 129,680 shares of Samsara stock. The stock was sold at an average price of $35.37, for a total value of $4,586,781.60.

Samsara Stock Up 4.9%

IOT stock opened at $36.74 on Friday. The firm has a market capitalization of $21.08 billion, a PE ratio of -229.63 and a beta of 1.61. Samsara Inc. has a twelve month low of $31.40 and a twelve month high of $61.90. The stock’s 50 day moving average is $38.51 and its 200-day moving average is $39.27.

Samsara (NYSE:IOTGet Free Report) last released its quarterly earnings results on Thursday, September 4th. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.05. The business had revenue of $391.48 million during the quarter, compared to analyst estimates of $372.22 million. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.Samsara’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same period in the prior year, the firm 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. On average, equities research analysts anticipate that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Samsara

Large investors have recently modified their holdings of the stock. Keystone Financial Group Inc. lifted its stake in Samsara by 300.0% in the first quarter. Keystone Financial Group Inc. now owns 600 shares of the company’s stock valued at $25,000 after purchasing an additional 450 shares during the last quarter. Catalyst Capital Advisors LLC bought a new stake in shares of Samsara in the second quarter valued at $28,000. Versant Capital Management Inc raised its stake in shares of Samsara by 6,078.6% in the third quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock valued at $32,000 after buying an additional 851 shares during the period. CWM LLC lifted its position in shares of Samsara by 385.3% during the 1st quarter. CWM LLC now owns 1,053 shares of the company’s stock valued at $40,000 after buying an additional 836 shares during the last quarter. Finally, AlphaQuest LLC grew its stake in shares of Samsara by 519.6% during the 1st quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock worth $40,000 after acquiring an additional 873 shares during the period. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Evercore ISI set a $50.00 price target on shares of Samsara and gave the company an “outperform” rating in a research report on Wednesday, October 1st. Craig Hallum raised shares of Samsara from a “hold” rating to a “buy” rating and lifted their target price for the stock from $42.00 to $48.00 in a research report on Friday, September 5th. Truist Financial boosted their target price on Samsara from $35.00 to $39.00 and gave the stock a “hold” rating in a research note on Friday, September 5th. Wall Street Zen downgraded Samsara from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Finally, Royal Bank Of Canada boosted their price objective on Samsara from $44.00 to $46.00 and gave the stock an “outperform” rating in a research report on Friday, September 5th. Eight investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $49.55.

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About Samsara

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Samsara (NYSE:IOT)

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