Adam Eltoukhy Sells 5,473 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 5,473 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $30.21, for a total transaction of $165,339.33. Following the completion of the sale, the insider owned 468,305 shares of the company’s stock, valued at $14,147,494.05. This trade represents a 1.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, April 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The stock was sold at an average price of $30.68, for a total transaction of $167,911.64.
• On Friday, March 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The shares were sold at an average price of $33.31, for a total transaction of $182,305.63.
• On Friday, February 20th, Adam Eltoukhy sold 4,688 shares of Samsara stock. The shares were sold at an average price of $26.79, for a total value of $125,591.52.

Samsara Stock Performance

NYSE IOT opened at $31.12 on Friday. The stock’s fifty day moving average is $30.38 and its two-hundred day moving average is $32.81. The firm has a market capitalization of $18.07 billion, a P/E ratio of -1,555.42, a price-to-earnings-growth ratio of 8.97 and a beta of 1.29. Samsara Inc. has a fifty-two week low of $23.38 and a fifty-two week high of $48.40.

Samsara (NYSE:IOT) last issued its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.05. Samsara had a negative return on equity of 0.72% and a negative net margin of 0.56%.The business had revenue of $444.30 million during the quarter, compared to the consensus estimate of $422.29 million. During the same period last year, the company earned $0.11 EPS. The company’s revenue for the quarter was up 28.3% on a year-over-year basis. 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, sell-side analysts forecast that Samsara Inc. will post 0.08 EPS for the current year.

Analyst Ratings Changes

A number of research firms have commented on IOT. KeyCorp lifted their target price on Samsara from $40.00 to $41.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. UBS Group reiterated a “buy” rating and set a $48.00 price target on shares of Samsara in a report on Friday, March 6th. Wells Fargo & Company boosted their price objective on shares of Samsara from $43.00 to $46.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Truist Financial decreased their target price on shares of Samsara from $39.00 to $30.00 and set a “hold” rating on the stock in a research report on Tuesday, February 17th. Finally, Royal Bank Of Canada increased their target price on shares of Samsara from $35.00 to $41.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $46.18.

Institutional Investors Weigh In On Samsara

Hedge funds have recently added to or reduced their stakes in the business. Acumen Wealth Advisors LLC purchased a new position in Samsara in the fourth quarter valued at $28,000. Caitong International Asset Management Co. Ltd increased its holdings in Samsara by 312.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock worth $31,000 after purchasing an additional 669 shares during the period. AlphaCentric Advisors LLC purchased a new stake in Samsara during the 4th quarter worth about $36,000. Optiver Holding B.V. raised its position in Samsara by 953.2% in the 3rd quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock valued at $44,000 after purchasing an additional 1,058 shares in the last quarter. Finally, IFP Advisors Inc boosted its stake in shares of Samsara by 194.4% in the 3rd quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock valued at $47,000 after buying an additional 828 shares during the period. 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.