Samsara (NYSE:IOT) Insider Adam Eltoukhy Sells 9,498 Shares

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 9,498 shares of the firm’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $44.45, for a total value of $422,186.10. Following the completion of the sale, the insider owned 283,602 shares of the company’s stock, valued at approximately $12,606,108.90. This trade represents a 3.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Adam Eltoukhy also recently made the following trade(s):

• On Thursday, November 20th, Adam Eltoukhy sold 4,767 shares of Samsara stock. The stock was sold at an average price of $36.04, for a total transaction of $171,802.68.
• On Monday, October 20th, Adam Eltoukhy sold 4,767 shares of Samsara stock. The stock was sold at an average price of $37.16, for a total transaction of $177,141.72.
• On Monday, September 22nd, Adam Eltoukhy sold 4,767 shares of Samsara stock. The shares were sold at an average price of $39.40, for a total transaction of $187,819.80.
• On Monday, September 15th, Adam Eltoukhy sold 18,219 shares of Samsara stock. The shares were sold at an average price of $39.15, for a total transaction of $713,273.85.

Samsara Stock Down 2.6%

IOT stock traded down $1.19 during trading on Thursday, hitting $43.83. The company had a trading volume of 5,261,076 shares, compared to its average volume of 5,773,693. The stock has a market cap of $25.14 billion, a price-to-earnings ratio of -547.88 and a beta of 1.61. Samsara Inc. has a 12 month low of $31.40 and a 12 month high of $61.90. The firm has a 50-day moving average price of $38.95 and a 200-day moving average price of $38.76.

Samsara (NYSE:IOT) last issued its quarterly earnings results on Thursday, December 4th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.11). Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. The firm had revenue of $415.98 million for the quarter, compared to analyst estimates of $398.92 million. During the same period last year, the company earned $0.07 EPS. The company’s revenue was up 29.2% compared to the same quarter last year. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. Equities analysts expect that Samsara Inc. will post -0.3 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Vident Advisory LLC grew its holdings in shares of Samsara by 66.2% during the first quarter. Vident Advisory LLC now owns 14,282 shares of the company’s stock worth $547,000 after buying an additional 5,691 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Samsara by 18.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,229,773 shares of the company’s stock worth $85,467,000 after acquiring an additional 352,829 shares during the last quarter. Citigroup Inc. boosted its position in Samsara by 96.9% during the 1st quarter. Citigroup Inc. now owns 223,144 shares of the company’s stock worth $8,553,000 after acquiring an additional 109,807 shares during the last quarter. Russell Investments Group Ltd. grew its stake in shares of Samsara by 407.7% during the 1st quarter. Russell Investments Group Ltd. now owns 271,327 shares of the company’s stock worth $10,400,000 after acquiring an additional 217,884 shares in the last quarter. Finally, Swiss National Bank raised its holdings in shares of Samsara by 18.8% in the first quarter. Swiss National Bank now owns 733,200 shares of the company’s stock valued at $28,104,000 after purchasing an additional 116,100 shares during the last quarter. Institutional investors own 96.02% of the company’s stock.

Wall Street Analysts Forecast Growth

IOT has been the subject of a number of analyst reports. JPMorgan Chase & Co. lifted their target price on shares of Samsara from $46.00 to $48.00 and gave the stock a “neutral” rating in a report on Friday, December 5th. Zacks Research cut Samsara from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Wells Fargo & Company increased their target price on Samsara from $50.00 to $52.00 and gave the company an “overweight” rating in a research note on Friday, December 5th. Truist Financial raised their target price on Samsara from $35.00 to $39.00 and gave the stock a “hold” rating in a report on Friday, September 5th. Finally, Cowen reaffirmed a “buy” rating on shares of Samsara in a research note on Friday, December 5th. Ten 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. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $51.29.

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.