Samsara Inc. (NYSE:IOT – Get Free Report) insider Adam Eltoukhy sold 1,614 shares of the business’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $32.21, for a total transaction of $51,986.94. Following the completion of the transaction, the insider owned 425,080 shares of the company’s stock, valued at $13,691,826.80. The trade was a 0.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Adam Eltoukhy also recently made the following trade(s):
- On Wednesday, May 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The stock was sold at an average price of $30.21, for a total transaction of $165,339.33.
- On Monday, April 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The shares were sold at an average price of $30.68, for a total transaction of $167,911.64.
Samsara Price Performance
Shares of IOT opened at $28.86 on Friday. Samsara Inc. has a one year low of $23.38 and a one year high of $47.47. The company has a market cap of $16.81 billion, a P/E ratio of 288.59, a P/E/G ratio of 7.30 and a beta of 1.34. The firm has a 50 day simple moving average of $31.30 and a two-hundred day simple moving average of $31.85.
Samsara News Roundup
Here are the key news stories impacting Samsara this week:
- Positive Sentiment: TD Cowen reiterated its Buy rating on Samsara and kept a $45 price target, suggesting meaningful upside from current levels.
- Positive Sentiment: BNP highlighted Samsara’s Investor Day as evidence of a “clear AI moat,” which could strengthen the company’s long-term growth narrative. Article Title
- Positive Sentiment: The company also unveiled new products, including a 360 Camera, expanded AI Multicam and two-way voice features, plus new agentic AI tools and a Tracking Label for shipment visibility, reinforcing its expansion into higher-value software and AI use cases. Article Title
- Neutral Sentiment: Investors are also digesting Samsara’s Investor Day transcript and slideshow, which likely provided more detail on its AI strategy and growth roadmap. Article Title
- Negative Sentiment: The stock has been sliding as a broader software sector concern and “June gloom” sentiment weigh on the name, with traders reacting to the recent pullback from early June highs. Article Title
- Negative Sentiment: Recent insider selling by Adam Eltoukhy may also be adding a bit of caution, even though the trade was made under a pre-arranged plan. Article Title
Hedge Funds Weigh In On Samsara
Large investors have recently bought and sold shares of the company. Lazard Asset Management LLC grew its holdings in shares of Samsara by 2.0% during the third quarter. Lazard Asset Management LLC now owns 13,971 shares of the company’s stock worth $520,000 after purchasing an additional 279 shares during the last quarter. Jefferies Financial Group Inc. boosted its position in Samsara by 1.6% during the 3rd quarter. Jefferies Financial Group Inc. now owns 20,995 shares of the company’s stock worth $782,000 after buying an additional 322 shares during the period. Cim LLC grew its holdings in Samsara by 1.0% during the 3rd quarter. Cim LLC now owns 32,700 shares of the company’s stock worth $1,218,000 after acquiring an additional 326 shares during the last quarter. Empowered Funds LLC grew its holdings in Samsara by 3.4% during the 1st quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock worth $390,000 after acquiring an additional 335 shares during the last quarter. Finally, IFG Advisory LLC increased its position in Samsara by 0.8% in the 4th quarter. IFG Advisory LLC now owns 44,814 shares of the company’s stock valued at $1,589,000 after acquiring an additional 372 shares during the period. 96.02% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the company. Evercore reiterated an “outperform” rating on shares of Samsara in a research report on Friday, March 6th. Weiss Ratings upgraded shares of Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a research note on Monday, June 15th. Royal Bank Of Canada lifted their price target on shares of Samsara from $41.00 to $42.00 and gave the company an “outperform” rating in a report on Friday, June 5th. Wolfe Research reiterated an “outperform” rating on shares of Samsara in a research report on Thursday, June 11th. Finally, Zacks Research downgraded shares of Samsara from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $45.94.
Check Out Our Latest Report on Samsara
Samsara Company Profile
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.
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