Stock Traders Purchase High Volume of Call Options on Samsara (NYSE:IOT)

Samsara Inc. (NYSE:IOT) was the recipient of unusually large options trading activity on Tuesday. Traders purchased 11,970 call options on the stock. This represents an increase of approximately 60% compared to the average volume of 7,499 call options.

Samsara Stock Down 5.8%

IOT stock traded down $2.24 during midday trading on Tuesday, hitting $36.31. 2,294,150 shares of the company traded hands, compared to its average volume of 7,165,004. Samsara has a twelve month low of $23.38 and a twelve month high of $47.47. The business has a 50 day simple moving average of $33.36 and a 200-day simple moving average of $31.45. The stock has a market capitalization of $21.16 billion, a price-to-earnings ratio of 363.24, a price-to-earnings-growth ratio of 8.98 and a beta of 1.35.

Samsara (NYSE:IOT) last posted its quarterly earnings data on Thursday, June 4th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The business had revenue of $478.84 million for the quarter, compared to analyst estimates of $455.21 million. During the same period in the previous year, the company posted $0.11 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts forecast that Samsara will post 0.15 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently commented on IOT shares. 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. Piper Sandler restated an “overweight” rating and set a $40.00 price target (up from $39.00) on shares of Samsara in a report on Friday, June 5th. KeyCorp reissued an “overweight” rating on shares of Samsara in a research note on Friday, June 26th. Jefferies Financial Group raised Samsara to a “buy” rating in a research report on Thursday, June 11th. Finally, BTIG Research reissued a “buy” rating and issued a $45.00 price target on shares of Samsara in a research note on Friday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $45.35.

Insider Buying and Selling at Samsara

In other news, Director Marc L. Andreessen sold 613,660 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $32.27, for a total transaction of $19,802,808.20. Following the completion of the sale, the director owned 2,256,487 shares in the company, valued at approximately $72,816,835.49. This represents a 21.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Sanjit Biswas sold 244,805 shares of Samsara stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $36.77, for a total value of $9,001,479.85. Following the completion of the transaction, the chief executive officer owned 94,000 shares in the company, valued at $3,456,380. The trade was a 72.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 4,464,637 shares of company stock valued at $144,511,167. Corporate insiders own 35.13% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of IOT. Acumen Wealth Advisors LLC acquired a new stake in Samsara during the fourth quarter worth $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 valued at $31,000 after buying an additional 669 shares during the period. AlphaCentric Advisors LLC acquired a new position in shares of Samsara in the 4th quarter valued at $36,000. IFP Advisors Inc lifted its holdings 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 acquiring an additional 828 shares during the period. Finally, Los Angeles Capital Management LLC bought a new position in shares of Samsara during the 4th quarter worth about $52,000. 96.02% of the stock is currently owned by institutional investors and hedge funds.

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.