Samsara (NYSE:IOT) Insider Adam Eltoukhy Sells 3,653 Shares of Stock

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 3,653 shares of the stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $37.00, for a total transaction of $135,161.00. Following the sale, the insider directly owned 425,080 shares in the company, valued at $15,727,960. This trade represents a 0.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, June 29th, Adam Eltoukhy sold 2,039 shares of Samsara stock. The stock was sold at an average price of $32.08, for a total value of $65,411.12.
• On Monday, June 22nd, Adam Eltoukhy sold 1,614 shares of Samsara stock. The stock was sold at an average price of $32.21, for a total value of $51,986.94.
• On Wednesday, May 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The shares were sold at an average price of $30.21, for a total transaction of $165,339.33.
• On Monday, April 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The shares were sold at an average price of $30.68, for a total value of $167,911.64.

Samsara Stock Down 3.1%

NYSE IOT opened at $36.35 on Wednesday. The company has a 50-day moving average price of $31.96 and a 200-day moving average price of $31.44. Samsara Inc. has a 52 week low of $23.38 and a 52 week high of $47.47. The firm has a market capitalization of $21.18 billion, a P/E ratio of 363.56, a PEG ratio of 8.79 and a beta of 1.35.

Samsara (NYSE:IOT) last released its earnings results on Thursday, June 4th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.04. The company had revenue of $478.84 million for the quarter, compared to the consensus estimate of $455.21 million. Samsara had a return on equity of 2.00% and a net margin of 3.32%.Samsara’s quarterly revenue was up 30.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.11 earnings per share. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. As a group, equities research analysts anticipate that Samsara Inc. will post 0.15 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on IOT shares. KeyCorp restated an “overweight” rating on shares of Samsara in a research report on Friday, June 26th. Piper Sandler reissued an “overweight” rating and set a $40.00 price target (up from $39.00) on shares of Samsara in a research note on Friday, June 5th. Wolfe Research restated an “outperform” rating on shares of Samsara in a report on Thursday, June 11th. Royal Bank Of Canada lifted their price objective on Samsara from $41.00 to $42.00 and gave the stock an “outperform” rating in a research note on Friday, June 5th. Finally, Wells Fargo & Company upped their price objective on Samsara from $46.00 to $50.00 and gave the stock an “overweight” rating in a report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Samsara currently has an average rating of “Moderate Buy” and a consensus target price of $45.94.

Institutional Investors Weigh In On Samsara

Several institutional investors have recently made changes to their positions in the company. Acumen Wealth Advisors LLC bought a new position in Samsara during the 4th quarter valued at about $28,000. Caitong International Asset Management Co. Ltd boosted its holdings in shares of 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 period. AlphaCentric Advisors LLC purchased a new position in Samsara during the 4th quarter worth $36,000. IFP Advisors Inc raised its position in Samsara by 194.4% during the 3rd quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock valued at $47,000 after purchasing an additional 828 shares in the last quarter. Finally, Los Angeles Capital Management LLC purchased a new stake in shares of Samsara in the 4th quarter worth $52,000. Institutional investors own 96.02% of the company’s stock.

About Samsara

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.