Samsara (NYSE:IOT) Insider Sells $3,704,254.80 in Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 116,486 shares of Samsara stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $31.80, for a total value of $3,704,254.80. Following the completion of the sale, the insider directly owned 203,500 shares in the company, valued at $6,471,300. This represents a 36.40% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Thursday, April 2nd, John Bicket sold 10,009 shares of Samsara stock. The shares were sold at an average price of $30.96, for a total value of $309,878.64.
• On Tuesday, March 31st, John Bicket sold 137,405 shares of Samsara stock. The shares were sold at an average price of $31.44, for a total value of $4,320,013.20.
• On Tuesday, February 17th, John Bicket sold 263,900 shares of Samsara stock. The shares were sold at an average price of $25.87, for a total value of $6,827,093.00.
• On Wednesday, February 4th, John Bicket sold 208,536 shares of Samsara stock. The stock was sold at an average price of $25.20, for a total value of $5,255,107.20.
• On Tuesday, February 3rd, John Bicket sold 55,364 shares of Samsara stock. The stock was sold at an average price of $25.23, for a total value of $1,396,833.72.
• On Tuesday, January 20th, John Bicket sold 263,900 shares of Samsara stock. The shares were sold at an average price of $32.43, for a total value of $8,558,277.00.
• On Tuesday, January 6th, John Bicket sold 263,900 shares of Samsara stock. The stock was sold at an average price of $34.40, for a total transaction of $9,078,160.00.

Samsara Trading Up 1.1%

Shares of NYSE:IOT traded up $0.37 on Thursday, reaching $32.21. 3,901,725 shares of the company were exchanged, compared to its average volume of 8,431,085. The company has a 50-day moving average of $29.63 and a 200-day moving average of $35.03. The firm has a market cap of $18.70 billion, a price-to-earnings ratio of -1,609.45, a price-to-earnings-growth ratio of 11.62 and a beta of 1.49. Samsara Inc. has a 1-year low of $23.38 and a 1-year high of $48.40.

Samsara (NYSE:IOT) last announced its quarterly earnings data on Thursday, March 5th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.13 by $0.05. The firm had revenue of $444.30 million during the quarter, compared to analysts’ expectations of $422.29 million. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. The business’s revenue for the quarter was up 28.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.11 earnings per share. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. As a group, analysts forecast that Samsara Inc. will post -0.3 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Acumen Wealth Advisors LLC acquired a new stake in shares of Samsara during the fourth quarter worth $28,000. Caitong International Asset Management Co. Ltd increased its stake in Samsara by 312.6% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock valued at $31,000 after purchasing an additional 669 shares during the last quarter. Versant Capital Management Inc increased 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 purchasing an additional 851 shares during the last quarter. AlphaCentric Advisors LLC purchased a new position in Samsara during the fourth quarter worth about $36,000. Finally, Optiver Holding B.V. boosted its stake in Samsara by 953.2% in the 3rd quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock worth $44,000 after buying an additional 1,058 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Evercore reissued an “outperform” rating on shares of Samsara in a research note on Friday, March 6th. KeyCorp raised their price objective on Samsara from $40.00 to $41.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. Piper Sandler reaffirmed an “overweight” rating and set a $39.00 price objective (up from $37.00) on shares of Samsara in a report on Friday, March 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Samsara in a research report on Thursday, January 22nd. Finally, Wells Fargo & Company upped their target price on Samsara from $43.00 to $46.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Samsara presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.18.

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.