Insider Selling: Samsara (NYSE:IOT) Insider Sells $596,727.88 in Stock

Samsara Inc. (NYSE:IOT) insider Dominic Phillips sold 17,909 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $33.32, for a total transaction of $596,727.88. Following the completion of the sale, the insider directly owned 1,078,600 shares in the company, valued at $35,938,952. This represents a 1.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Dominic Phillips also recently made the following trade(s):

• On Wednesday, July 1st, Dominic Phillips sold 12,065 shares of Samsara stock. The stock was sold at an average price of $33.32, for a total transaction of $402,005.80.
• On Friday, June 5th, Dominic Phillips sold 19,547 shares of Samsara stock. The stock was sold at an average price of $35.39, for a total transaction of $691,768.33.
• On Friday, May 1st, Dominic Phillips sold 19,547 shares of Samsara stock. The shares were sold at an average price of $30.00, for a total transaction of $586,410.00.

Samsara Stock Performance

IOT traded up $1.83 during trading on Thursday, reaching $36.01. The stock had a trading volume of 5,927,617 shares, compared to its average volume of 7,366,290. The stock has a market cap of $20.99 billion, a PE ratio of 360.17, a PEG ratio of 7.60 and a beta of 1.35. Samsara Inc. has a one year low of $23.38 and a one year high of $47.47. The business has a 50-day moving average of $31.50 and a 200-day moving average of $31.53.

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

Wall Street Analyst Weigh In

Several research analysts have commented on IOT shares. Jefferies Financial Group raised shares of Samsara to a “buy” rating in a research note on Thursday, June 11th. UBS Group reaffirmed a “buy” rating and set a $48.00 price target on shares of Samsara in a research report on Friday, March 6th. Wolfe Research reiterated an “outperform” rating on shares of Samsara in a report on Thursday, June 11th. Zacks Research downgraded Samsara from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. Finally, BMO Capital Markets increased their target price on Samsara from $40.00 to $44.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. One equities 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, Samsara presently has a consensus rating of “Moderate Buy” and a consensus target price of $45.94.

Institutional Investors Weigh In On Samsara

Several hedge funds and other institutional investors have recently modified their holdings of IOT. Acumen Wealth Advisors LLC purchased a new stake in Samsara in the fourth quarter worth about $28,000. Caitong International Asset Management Co. Ltd increased its holdings in Samsara by 312.6% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock worth $31,000 after acquiring an additional 669 shares in the last quarter. AlphaCentric Advisors LLC bought a new stake in Samsara during the 4th quarter worth approximately $36,000. IFP Advisors Inc raised its stake in 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 acquiring an additional 828 shares during the period. Finally, Los Angeles Capital Management LLC purchased a new position in Samsara during the fourth quarter valued at approximately $52,000. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

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.