John Bicket Sells 123,441 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 123,441 shares of Samsara stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $36.51, for a total transaction of $4,506,830.91. Following the completion of the sale, the insider owned 18,000 shares in the company, valued at approximately $657,180. This trade represents a 87.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Wednesday, November 19th, John Bicket sold 46,559 shares of Samsara stock. The shares were sold at an average price of $36.11, for a total transaction of $1,681,245.49.
• On Wednesday, November 5th, John Bicket sold 20,723 shares of Samsara stock. The stock was sold at an average price of $38.52, for a total value of $798,249.96.
• On Tuesday, November 4th, John Bicket sold 149,277 shares of Samsara stock. The stock was sold at an average price of $38.94, for a total value 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 value of $6,572,200.00.
• On Tuesday, October 7th, John Bicket sold 170,000 shares of Samsara stock. The stock was 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 stock was 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 stock was sold at an average price of $35.37, for a total transaction of $4,586,781.60.

Samsara Stock Down 3.8%

Shares of Samsara stock traded down $1.37 during trading hours on Thursday, reaching $35.08. 4,076,004 shares of the company’s stock were exchanged, compared to its average volume of 4,874,547. The business has a fifty day moving average of $38.61 and a two-hundred day moving average of $39.33. The company has a market capitalization of $20.12 billion, a P/E ratio of -219.23 and a beta of 1.61. Samsara Inc. has a 1 year low of $31.40 and a 1 year high of $61.90.

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

Hedge Funds Weigh In On Samsara

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Keystone Financial Group Inc. raised its holdings in shares of Samsara by 300.0% in the 1st quarter. Keystone Financial Group Inc. now owns 600 shares of the company’s stock valued at $25,000 after purchasing an additional 450 shares in the last quarter. Catalyst Capital Advisors LLC purchased a new position in Samsara in the second quarter valued at $28,000. Versant Capital Management Inc raised its stake in 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 buying an additional 851 shares in the last quarter. CWM LLC lifted its holdings 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 buying an additional 836 shares during the last quarter. Finally, AlphaQuest LLC boosted its position in shares of 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. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Wall Street Analyst Weigh In

IOT has been the topic of a number of research analyst reports. Piper Sandler reissued an “overweight” rating and issued a $48.00 target price on shares of Samsara in a research report on Friday, November 14th. Morgan Stanley lifted their price objective on Samsara from $50.00 to $53.00 and gave the company an “equal weight” rating in a research note on Monday, September 8th. Truist Financial increased their target price on Samsara from $35.00 to $39.00 and gave the stock a “hold” rating in a research note on Friday, September 5th. Evercore ISI set a $50.00 target price on Samsara and gave the company an “outperform” rating in a report on Wednesday, October 1st. Finally, Royal Bank Of Canada lifted their target price on Samsara from $44.00 to $46.00 and gave the company an “outperform” rating in a research report on Friday, September 5th. Eight research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Samsara presently 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.