Samsara (NYSE:IOT) Insider Sells $798,249.96 in Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 20,723 shares of the stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $38.52, for a total transaction of $798,249.96. Following the completion of the sale, the insider directly owned 492,173 shares of the company’s stock, valued at approximately $18,958,503.96. This trade represents a 4.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Tuesday, November 4th, John Bicket sold 149,277 shares of Samsara stock. The shares were sold at an average price of $38.94, for a total transaction of $5,812,846.38.
• 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 transaction 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 transaction 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 transaction 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 transaction of $5,199,416.37.
• On Wednesday, September 3rd, John Bicket sold 40,320 shares of Samsara stock. The stock was sold at an average price of $35.61, for a total transaction of $1,435,795.20.
• On Tuesday, September 2nd, John Bicket sold 129,680 shares of Samsara stock. The stock was sold at an average price of $35.37, for a total transaction of $4,586,781.60.
• On Wednesday, August 20th, John Bicket sold 67,349 shares of Samsara stock. The stock was sold at an average price of $32.64, for a total transaction of $2,198,271.36.
• On Tuesday, August 19th, John Bicket sold 102,651 shares of Samsara stock. The stock was sold at an average price of $33.44, for a total transaction of $3,432,649.44.

Samsara Price Performance

Shares of NYSE:IOT traded down $0.64 during mid-day trading on Thursday, reaching $38.11. 4,226,657 shares of the company were exchanged, compared to its average volume of 4,910,350. The firm has a market cap of $21.86 billion, a price-to-earnings ratio of -238.19 and a beta of 1.61. The firm’s 50-day simple moving average is $38.50 and its 200 day simple moving average is $39.36. Samsara Inc. has a 1 year low of $31.40 and a 1 year high of $61.90.

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

Institutional Investors Weigh In On Samsara

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Keystone Financial Group Inc. raised its stake in Samsara by 300.0% during the 1st quarter. Keystone Financial Group Inc. now owns 600 shares of the company’s stock worth $25,000 after acquiring an additional 450 shares in the last quarter. Catalyst Capital Advisors LLC acquired a new stake in Samsara during the 2nd quarter worth $28,000. Versant Capital Management Inc raised its stake in Samsara by 6,078.6% during the 3rd quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock worth $32,000 after acquiring an additional 851 shares in the last quarter. CWM LLC raised its stake in Samsara by 385.3% during the 1st quarter. CWM LLC now owns 1,053 shares of the company’s stock worth $40,000 after acquiring an additional 836 shares in the last quarter. Finally, AlphaQuest LLC raised its stake in Samsara by 519.6% during the 1st quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock worth $40,000 after acquiring an additional 873 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on IOT shares. Zacks Research lowered shares of Samsara from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. Morgan Stanley increased their target price on shares of Samsara from $50.00 to $53.00 and gave the stock an “equal weight” rating in a report on Monday, September 8th. Wall Street Zen lowered shares of Samsara from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. BMO Capital Markets reduced their target price on shares of Samsara from $54.00 to $47.00 and set an “outperform” rating on the stock in a report on Friday, September 5th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Samsara in a report on Wednesday, October 8th. Eight research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus 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.