John Bicket Sells 46,559 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 46,559 shares of the business’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $36.11, for a total value of $1,681,245.49. Following the sale, the insider directly owned 355,173 shares in the company, valued at $12,825,297.03. This trade represents a 11.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Tuesday, November 18th, John Bicket sold 123,441 shares of Samsara stock. The shares were sold at an average price of $36.51, for a total value of $4,506,830.91.
• 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 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 stock was 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 value of $1,371,712.50.
• On Tuesday, September 23rd, John Bicket sold 133,421 shares of Samsara stock. The stock was 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 value of $4,586,781.60.

Samsara Trading Down 3.8%

NYSE IOT traded down $1.37 during trading 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. Samsara Inc. has a fifty-two week low of $31.40 and a fifty-two week high of $61.90. The company’s fifty day simple moving average is $38.61 and its 200-day simple moving average is $39.33. The firm has a market capitalization of $20.12 billion, a PE ratio of -219.23 and a beta of 1.61.

Samsara (NYSE:IOT) last posted its quarterly earnings results on Thursday, September 4th. The company reported $0.12 earnings per share (EPS) for the quarter, topping 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 business had revenue of $391.48 million during the quarter, compared to analyst estimates of $372.22 million. During the same period in the prior year, the firm earned $0.05 earnings per share. The firm’s revenue was up 30.4% compared to the same quarter last year. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. Equities analysts forecast that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Craig Hallum upgraded Samsara from a “hold” rating to a “buy” rating and increased their price objective for the stock from $42.00 to $48.00 in a report on Friday, September 5th. Piper Sandler reiterated an “overweight” rating and set a $48.00 target price on shares of Samsara in a research note on Friday, November 14th. Evercore ISI set a $50.00 target price on Samsara and gave the stock an “outperform” rating in a research report on Wednesday, October 1st. Morgan Stanley raised their target price 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, Truist Financial upped their price objective on shares of Samsara from $35.00 to $39.00 and gave the stock a “hold” rating in a research note on Friday, September 5th. Eight investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Samsara has an average rating of “Hold” and a consensus price target of $49.55.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Baillie Gifford & Co. increased its position in shares of Samsara by 7.1% during the first quarter. Baillie Gifford & Co. now owns 35,277,488 shares of the company’s stock worth $1,352,186,000 after acquiring an additional 2,348,101 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Samsara by 6.9% in the 3rd quarter. Vanguard Group Inc. now owns 29,716,700 shares of the company’s stock valued at $1,106,947,000 after acquiring an additional 1,913,474 shares during the period. Sands Capital Management LLC raised its stake in Samsara by 6.4% in the third quarter. Sands Capital Management LLC now owns 20,518,332 shares of the company’s stock valued at $764,308,000 after buying an additional 1,242,122 shares during the period. State Street Corp lifted its holdings in Samsara by 107.8% during the 2nd quarter. State Street Corp now owns 5,611,956 shares of the company’s stock valued at $223,244,000 after purchasing an additional 2,910,916 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in Samsara by 65.6% in the 2nd quarter. Geode Capital Management LLC now owns 4,877,254 shares of the company’s stock valued at $193,387,000 after buying an additional 1,931,870 shares during the last quarter. 96.02% of the stock is owned by institutional investors and hedge funds.

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.