Samsara (NYSE:IOT) Stock Price Down 7.3% Following Insider Selling

Samsara Inc. (NYSE:IOT) shares traded down 7.3% during trading on Thursday after an insider sold shares in the company. The stock traded as low as $33.74 and last traded at $33.67. 2,085,630 shares changed hands during trading, a decline of 60% from the average session volume of 5,220,289 shares. The stock had previously closed at $36.31.

Specifically, insider John Bicket sold 263,900 shares of Samsara stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $34.40, for a total transaction of $9,078,160.00. Following the sale, the insider directly owned 89,400 shares in the company, valued at $3,075,360. The trade was a 74.70% 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. Also, insider Sanjit Biswas sold 263,900 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $34.40, for a total transaction of $9,078,160.00. Following the transaction, the insider owned 89,400 shares in the company, valued at $3,075,360. This represents a 74.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In other Samsara news, insider Dominic Phillips sold 18,348 shares of the stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $34.24, for a total transaction of $628,235.52. Following the completion of the transaction, the insider directly owned 573,114 shares of the company’s stock, valued at approximately $19,623,423.36. This trade represents a 3.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. BTIG Research began coverage on Samsara in a report on Tuesday, December 16th. They issued a “buy” rating and a $55.00 price objective for the company. Cowen reissued a “buy” rating on shares of Samsara in a report on Friday, December 5th. JPMorgan Chase & Co. lifted their price objective on shares of Samsara from $46.00 to $48.00 and gave the stock a “neutral” rating in a research note on Friday, December 5th. TD Cowen increased their target price on shares of Samsara from $49.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, December 5th. Finally, Jefferies Financial Group set a $57.00 target price on shares of Samsara in a report on Wednesday, December 10th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Samsara currently has a consensus rating of “Moderate Buy” and a consensus price target of $51.27.

Samsara Stock Down 0.5%

The stock has a market capitalization of $19.41 billion, a PE ratio of -420.44 and a beta of 1.62. The stock’s 50-day moving average is $38.10 and its 200 day moving average is $37.82.

Samsara (NYSE:IOT) last issued its earnings results on Thursday, December 4th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $415.98 million for the quarter, compared to analyst estimates of $398.92 million. During the same period last year, the business earned $0.07 EPS. The company’s quarterly revenue was up 29.2% on a year-over-year basis. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. As a group, equities research analysts forecast that Samsara Inc. will post -0.3 EPS for the current year.

Institutional Investors Weigh In On Samsara

Institutional investors have recently made changes to their positions in the company. Lazard Freres Gestion S.A.S. bought a new stake in Samsara in the third quarter valued at $2,235,000. JPMorgan Chase & Co. boosted its stake in shares of Samsara by 28.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,380,514 shares of the company’s stock valued at $54,917,000 after purchasing an additional 309,920 shares in the last quarter. Lunate Capital Ltd bought a new stake in shares of Samsara in the 2nd quarter worth about $905,000. Millennium Management LLC increased its position in shares of Samsara by 448.9% during the 1st quarter. Millennium Management LLC now owns 612,859 shares of the company’s stock worth $23,491,000 after purchasing an additional 501,216 shares in the last quarter. Finally, Windmill Hill Asset Management Ltd lifted its holdings in Samsara by 126.7% during the 2nd quarter. Windmill Hill Asset Management Ltd now owns 21,665 shares of the company’s stock valued at $862,000 after purchasing an additional 12,107 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Samsara Company Profile

Samsara develops an industrial Internet of Things (IoT) platform designed to help organizations monitor, manage, and optimize physical operations. The company combines connected hardware — including telematics devices, GPS trackers, dash cameras, and environmental sensors — with cloud-based software to provide real-time visibility into vehicles, mobile equipment, and fixed assets. Its software offers tools for fleet management, driver and worker safety, asset tracking, compliance (including electronic logging), maintenance scheduling, and operational analytics.

The Samsara platform emphasizes integration of live data streams with analytics and workflow features to drive efficiency and safety across industries that rely on dispersed equipment and mobile workforces.