Samsara (NYSE:IOT) Insider Adam Eltoukhy Sells 2,039 Shares of Stock

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 2,039 shares of Samsara stock in a transaction on Monday, June 29th. The stock was sold at an average price of $32.08, for a total transaction of $65,411.12. Following the transaction, the insider owned 425,080 shares in the company, valued at approximately $13,636,566.40. This trade represents a 0.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, June 22nd, Adam Eltoukhy sold 1,614 shares of Samsara stock. The stock was sold at an average price of $32.21, for a total transaction of $51,986.94.
• On Wednesday, May 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The shares were sold at an average price of $30.21, for a total value of $165,339.33.
• On Monday, April 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The stock was sold at an average price of $30.68, for a total value of $167,911.64.

Samsara Stock Up 1.3%

IOT traded up $0.41 during midday trading on Tuesday, hitting $32.51. 4,105,851 shares of the company were exchanged, compared to its average volume of 7,391,765. The firm’s 50 day moving average price is $31.40 and its 200-day moving average price is $31.68. Samsara Inc. has a 1-year low of $23.38 and a 1-year high of $47.47. The firm has a market capitalization of $18.94 billion, a P/E ratio of 325.13, a P/E/G ratio of 7.30 and a beta of 1.34.

Samsara (NYSE:IOT) last issued its quarterly earnings results on Thursday, June 4th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.04. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The company had revenue of $478.84 million during the quarter, compared to analysts’ expectations of $455.21 million. During the same quarter in the prior year, the firm posted $0.11 earnings per share. The business’s quarterly revenue was up 30.5% on a year-over-year basis. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. On average, sell-side analysts predict that Samsara Inc. will post 0.15 earnings per share for the current fiscal year.

Analysts Set New Price Targets

IOT has been the subject of several analyst reports. Jefferies Financial Group upgraded shares of Samsara to a “buy” rating in a report on Thursday, June 11th. The Goldman Sachs Group set a $45.00 price objective on shares of Samsara in a research report on Monday, March 2nd. KeyCorp reissued an “overweight” rating on shares of Samsara in a research note on Friday. Piper Sandler restated an “overweight” rating and issued a $40.00 target price (up from $39.00) on shares of Samsara in a report on Friday, June 5th. Finally, Royal Bank Of Canada upped their price target on shares of Samsara from $41.00 to $42.00 and gave the company an “outperform” rating in a research report on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $45.94.

Institutional Trading of Samsara

Several large investors have recently modified their holdings of IOT. Acumen Wealth Advisors LLC bought a new position in Samsara during the fourth quarter worth $28,000. Caitong International Asset Management Co. Ltd increased its stake in Samsara by 312.6% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock valued at $31,000 after purchasing an additional 669 shares in the last quarter. AlphaCentric Advisors LLC acquired a new position in shares of Samsara during the fourth quarter valued at about $36,000. IFP Advisors Inc boosted its position in shares of Samsara by 194.4% during the 3rd quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock worth $47,000 after purchasing an additional 828 shares in the last quarter. Finally, Los Angeles Capital Management LLC acquired a new stake in shares of Samsara in the 4th quarter valued at about $52,000. Institutional investors and hedge funds own 96.02% of the company’s stock.

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.