Samsara (NYSE:IOT) Insider Dominic Phillips Sells 19,547 Shares

Samsara Inc. (NYSE:IOT) insider Dominic Phillips sold 19,547 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $35.39, for a total transaction of $691,768.33. Following the transaction, the insider owned 929,575 shares in the company, valued at $32,897,659.25. This represents a 2.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Dominic Phillips also recently made the following trade(s):

• On Friday, May 1st, Dominic Phillips sold 19,547 shares of Samsara stock. The shares were sold at an average price of $30.00, for a total transaction of $586,410.00.
• On Wednesday, April 1st, Dominic Phillips sold 20,139 shares of Samsara stock. The shares were sold at an average price of $31.81, for a total transaction of $640,621.59.

Samsara Stock Performance

IOT opened at $33.60 on Wednesday. Samsara Inc. has a 52-week low of $23.38 and a 52-week high of $47.47. The stock has a market capitalization of $19.51 billion, a P/E ratio of 336.00, a P/E/G ratio of 15.50 and a beta of 1.34. The company’s 50-day simple moving average is $30.77 and its two-hundred day simple moving average is $32.39.

Samsara (NYSE:IOT) last released its quarterly earnings results on Thursday, June 4th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.13 by $0.04. Samsara had a net margin of 3.32% and a return on equity of 2.07%. The firm had revenue of $478.84 million during the quarter, compared to analyst estimates of $455.21 million. During the same quarter in the prior year, the firm earned $0.11 EPS. The business’s revenue for the quarter was up 30.5% compared to the same quarter last year. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. Research analysts forecast that Samsara Inc. will post 0.08 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on IOT. BMO Capital Markets upped their price target on shares of Samsara from $40.00 to $44.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. KeyCorp upped their price target on shares of Samsara from $40.00 to $41.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Zacks Research lowered shares of Samsara from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 5th. TD Cowen reaffirmed a “buy” rating on shares of Samsara in a research report on Friday, May 22nd. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $40.00 price target (up from $39.00) on shares of Samsara in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $46.53.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in IOT. Brighton Jones LLC bought a new position in shares of Samsara during the 4th quarter valued at approximately $13,464,000. Royal Bank of Canada grew its stake in shares of Samsara by 100.3% during the 1st quarter. Royal Bank of Canada now owns 96,142 shares of the company’s stock valued at $3,686,000 after acquiring an additional 48,135 shares during the period. Jones Financial Companies Lllp grew its stake in shares of Samsara by 2,444.6% during the 1st quarter. Jones Financial Companies Lllp now owns 17,787 shares of the company’s stock valued at $682,000 after acquiring an additional 17,088 shares during the period. Empowered Funds LLC grew its stake in shares of Samsara by 3.4% during the 1st quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after acquiring an additional 335 shares during the period. Finally, Marshall Wace LLP grew its stake in shares of Samsara by 142.4% during the 2nd quarter. Marshall Wace LLP now owns 68,860 shares of the company’s stock valued at $2,739,000 after acquiring an additional 40,450 shares during the period. 96.02% of the stock is currently owned by institutional investors.

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.