Samsara (NYSE:IOT) Insider John Bicket Sells 168,227 Shares of Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 168,227 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $28.58, for a total value of $4,807,927.66. Following the transaction, the insider owned 15,200 shares in the company, valued at approximately $434,416. This trade represents a 91.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, May 13th, John Bicket sold 95,673 shares of Samsara stock. The shares were sold at an average price of $27.47, for a total value of $2,628,137.31.
• On Thursday, April 30th, John Bicket sold 72,816 shares of Samsara stock. The shares were sold at an average price of $28.49, for a total value of $2,074,527.84.
• On Wednesday, April 29th, John Bicket sold 87,227 shares of Samsara stock. The shares were sold at an average price of $29.05, for a total value of $2,533,944.35.
• On Tuesday, April 28th, John Bicket sold 103,857 shares of Samsara stock. The shares were sold at an average price of $29.50, for a total value of $3,063,781.50.
• On Wednesday, April 15th, John Bicket sold 96,690 shares of Samsara stock. The shares were sold at an average price of $27.98, for a total value of $2,705,386.20.
• On Tuesday, April 14th, John Bicket sold 167,210 shares of Samsara stock. The shares were sold at an average price of $26.60, for a total value of $4,447,786.00.
• On Thursday, April 2nd, John Bicket sold 10,009 shares of Samsara stock. The shares were sold at an average price of $30.96, for a total value of $309,878.64.
• On Wednesday, April 1st, John Bicket sold 116,486 shares of Samsara stock. The shares were sold at an average price of $31.80, for a total value of $3,704,254.80.
• On Tuesday, March 31st, John Bicket sold 137,405 shares of Samsara stock. The shares were sold at an average price of $31.44, for a total value of $4,320,013.20.
• On Tuesday, February 17th, John Bicket sold 263,900 shares of Samsara stock. The shares were sold at an average price of $25.87, for a total value of $6,827,093.00.

Samsara Stock Up 1.7%

IOT stock opened at $27.99 on Friday. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $48.40. The company has a market cap of $16.25 billion, a PE ratio of -1,398.75, a price-to-earnings-growth ratio of 10.09 and a beta of 1.29. The business’s 50-day simple moving average is $30.58 and its 200 day simple moving average is $33.14.

Samsara (NYSE:IOT) last released its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.05. Samsara had a negative return on equity of 0.72% and a negative net margin of 0.56%.The business had revenue of $444.30 million for the quarter, compared to the consensus estimate of $422.29 million. During the same period last year, the business earned $0.11 earnings per share. The firm’s revenue for the quarter was up 28.3% compared to the same quarter last year. 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 research analysts anticipate that Samsara Inc. will post 0.06 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IOT. Baillie Gifford & Co. lifted its stake in Samsara by 15.0% during the fourth quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock worth $1,689,565,000 after purchasing an additional 6,208,553 shares during the period. Goldman Sachs Group Inc. lifted its stake in Samsara by 58.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock worth $421,079,000 after purchasing an additional 4,401,082 shares during the period. Norges Bank bought a new position in Samsara during the fourth quarter worth about $127,415,000. Vanguard Group Inc. raised its stake 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 acquiring an additional 3,417,849 shares during the last quarter. Finally, Brown Advisory Inc. raised its stake 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 acquiring an additional 3,322,023 shares during the last quarter. Institutional investors own 96.02% of the company’s stock.

Key Samsara News

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Recent articles say Samsara’s annual recurring revenue has reached $1.89 billion, with enterprise adoption and AI-powered offerings continuing to support the company’s growth story. Samsara Declines 22.4% Year to Date: Buy, Hold or Sell the Stock?
• Positive Sentiment: Coverage also points to Samsara’s push into public-sector workflows and its upgrade program, both of which suggest the company is trying to deepen customer relationships and expand demand despite a tougher economic backdrop. Samsara AI Push Into Public Sector Workflows And Valuation Opportunity Samsara Announces Upgrade Program to Provide Operations Leaders with Absolute Confidence Amid Economic Uncertainty
• Neutral Sentiment: Additional commentary framed the stock as a valuation question, indicating investors are still weighing growth potential against the current share-price decline from earlier levels. NYSE Composite: Is Samsara AI Transforming Public Operations?
• Negative Sentiment: Multiple insider sales by co-founder/CEO Sanjit Biswas and co-founder John Bicket totaled hundreds of thousands of shares, which can weigh on sentiment even though the trades were made under pre-arranged 10b5-1 plans. SEC filing for Sanjit Biswas sale SEC filing for John Bicket sale

Wall Street Analyst Weigh In

IOT has been the topic of a number of recent research reports. TD Cowen reissued a “buy” rating on shares of Samsara in a research report on Monday, March 2nd. Truist Financial decreased their target price on Samsara from $39.00 to $30.00 and set a “hold” rating on the stock in a research report on Tuesday, February 17th. Piper Sandler restated an “overweight” rating and set a $39.00 price target (up from $37.00) on shares of Samsara in a research note on Friday, March 6th. Wells Fargo & Company raised their price target on shares of Samsara from $43.00 to $46.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Finally, Evercore restated an “outperform” rating on shares of Samsara in a research note on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Samsara currently has a consensus rating of “Moderate Buy” and an average price target 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.