Samsara (NYSE:IOT) Insider Sells $167,911.64 in Stock

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 5,473 shares of the firm’s stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $30.68, for a total transaction of $167,911.64. Following the sale, the insider owned 190,649 shares of the company’s stock, valued at approximately $5,849,111.32. This represents a 2.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, March 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The stock was sold at an average price of $33.31, for a total transaction of $182,305.63.
• On Friday, February 20th, Adam Eltoukhy sold 4,688 shares of Samsara stock. The stock was sold at an average price of $26.79, for a total transaction of $125,591.52.

Samsara Stock Performance

Shares of IOT stock traded up $0.68 during trading on Tuesday, hitting $31.49. 4,255,852 shares of the company were exchanged, compared to its average volume of 8,178,087. The firm has a market capitalization of $18.29 billion, a price-to-earnings ratio of -1,573.81, a P/E/G ratio of 11.23 and a beta of 1.50. The business’s 50-day simple moving average is $29.91 and its 200 day simple moving average is $34.15. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $48.40.

Samsara (NYSE:IOT) last posted its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.05. The firm had revenue of $444.30 million during the quarter, compared to analysts’ expectations of $422.29 million. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. The company’s revenue was up 28.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.11 earnings per share. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. On average, equities analysts forecast that Samsara Inc. will post 0.06 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Samsara

A number of institutional investors have recently modified their holdings of IOT. Baillie Gifford & Co. raised its position in shares of Samsara by 15.0% in the fourth quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock valued at $1,689,565,000 after purchasing an additional 6,208,553 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Samsara by 58.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock valued at $421,079,000 after purchasing an additional 4,401,082 shares during the period. Norges Bank bought a new position in shares of Samsara in the fourth quarter valued at approximately $127,415,000. Vanguard Group Inc. raised its position in shares of Samsara by 11.5% in the fourth quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock valued at $1,174,620,000 after purchasing an additional 3,417,849 shares during the period. Finally, Brown Advisory Inc. raised its position in shares of Samsara by 42.1% in the fourth quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock valued at $397,536,000 after purchasing an additional 3,322,023 shares during the period. Institutional investors own 96.02% of the company’s stock.

Wall Street Analyst Weigh In

IOT has been the subject of a number of analyst reports. BNP Paribas Exane upgraded shares of Samsara from a “neutral” rating to an “outperform” rating and set a $40.00 target price for the company in a research note on Thursday, January 15th. Wells Fargo & Company lifted their target price on shares of Samsara from $43.00 to $46.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. TD Cowen reiterated a “buy” rating on shares of Samsara in a research note on Monday, March 2nd. Evercore reiterated an “outperform” rating on shares of Samsara in a research note on Friday, March 6th. Finally, UBS Group reiterated a “buy” rating and issued a $48.00 target price on shares of Samsara in a research note on Friday, March 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $46.18.

About Samsara

Samsara develops an industrial Internet of Things (IoT) platform designed to help organizations monitor, manage, and optimize physical operations. The company combines connected hardware — including telematics devices, GPS trackers, dash cameras, and environmental sensors — with cloud-based software to provide real-time visibility into vehicles, mobile equipment, and fixed assets. Its software offers tools for fleet management, driver and worker safety, asset tracking, compliance (including electronic logging), maintenance scheduling, and operational analytics.

The Samsara platform emphasizes integration of live data streams with analytics and workflow features to drive efficiency and safety across industries that rely on dispersed equipment and mobile workforces.