Samsara (NYSE:IOT) Insider Sells $5,812,846.38 in Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 149,277 shares of the stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $38.94, for a total value of $5,812,846.38. Following the transaction, the insider directly owned 24,000 shares of the company’s stock, valued at $934,560. The trade was a 86.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Wednesday, November 5th, John Bicket sold 20,723 shares of Samsara stock. The shares were sold at an average price of $38.52, for a total value of $798,249.96.
• On Tuesday, October 21st, John Bicket sold 170,000 shares of Samsara stock. The shares were sold at an average price of $38.66, for a total value of $6,572,200.00.
• On Tuesday, October 7th, John Bicket sold 170,000 shares of Samsara stock. The shares were sold at an average price of $38.35, for a total value of $6,519,500.00.
• On Wednesday, September 24th, John Bicket sold 36,579 shares of Samsara stock. The shares were sold at an average price of $37.50, for a total value of $1,371,712.50.
• On Tuesday, September 23rd, John Bicket sold 133,421 shares of Samsara stock. The shares were sold at an average price of $38.97, for a total value of $5,199,416.37.
• On Wednesday, September 3rd, John Bicket sold 40,320 shares of Samsara stock. The shares were sold at an average price of $35.61, for a total value of $1,435,795.20.
• On Tuesday, September 2nd, John Bicket sold 129,680 shares of Samsara stock. The shares were sold at an average price of $35.37, for a total value of $4,586,781.60.
• On Wednesday, August 20th, John Bicket sold 67,349 shares of Samsara stock. The shares were sold at an average price of $32.64, for a total value of $2,198,271.36.
• On Tuesday, August 19th, John Bicket sold 102,651 shares of Samsara stock. The shares were sold at an average price of $33.44, for a total value of $3,432,649.44.

Samsara Trading Down 1.7%

Samsara stock traded down $0.64 during mid-day trading on Thursday, hitting $38.11. The company’s stock had a trading volume of 4,226,657 shares, compared to its average volume of 4,910,350. The firm has a market capitalization of $21.86 billion, a PE ratio of -238.19 and a beta of 1.61. Samsara Inc. has a 1 year low of $31.40 and a 1 year high of $61.90. The stock’s fifty day moving average is $38.50 and its two-hundred day moving average is $39.36.

Samsara (NYSE:IOT) last released its quarterly earnings results on Thursday, September 4th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.07 by $0.05. The business had revenue of $391.48 million during the quarter, compared to analyst estimates of $372.22 million. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.The company’s quarterly revenue was up 30.4% on a year-over-year basis. During the same period last year, the business posted $0.05 earnings per share. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. On average, equities analysts expect that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Institutional Trading of Samsara

Several institutional investors have recently made changes to their positions in IOT. Keystone Financial Group Inc. increased its stake in shares of Samsara by 300.0% in the first quarter. Keystone Financial Group Inc. now owns 600 shares of the company’s stock valued at $25,000 after purchasing an additional 450 shares during the period. Catalyst Capital Advisors LLC acquired a new stake in shares of Samsara in the second quarter valued at approximately $28,000. Versant Capital Management Inc increased its stake in shares of Samsara by 6,078.6% in the third quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock valued at $32,000 after purchasing an additional 851 shares during the period. Family Legacy Financial Solutions LLC acquired a new stake in shares of Samsara in the second quarter valued at approximately $40,000. Finally, AlphaQuest LLC increased its stake in shares of Samsara by 519.6% during the first quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock valued at $40,000 after acquiring an additional 873 shares during the period. 96.02% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

IOT has been the topic of several research analyst reports. Evercore ISI set a $50.00 price target on Samsara and gave the stock an “outperform” rating in a research note on Wednesday, October 1st. Piper Sandler boosted their price target on Samsara from $47.00 to $48.00 and gave the stock an “overweight” rating in a research note on Friday, September 5th. Wall Street Zen downgraded Samsara from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Morgan Stanley lifted their price objective on Samsara from $50.00 to $53.00 and gave the stock an “equal weight” rating in a research report on Monday, September 8th. Finally, BMO Capital Markets cut their price objective on Samsara from $54.00 to $47.00 and set an “outperform” rating for the company in a research report on Friday, September 5th. Eight investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $49.55.

Samsara Company Profile

Samsara Inc provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.