Insider Selling: Samsara (NYSE:IOT) Insider Sells 263,900 Shares of Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 263,900 shares of the business’s stock in a transaction 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 of the company’s stock, valued at $3,075,360. This represents a 74.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Wednesday, December 31st, John Bicket sold 1,953 shares of Samsara stock. The shares were sold at an average price of $35.74, for a total value of $69,800.22.
• On Tuesday, December 30th, John Bicket sold 85,773 shares of Samsara stock. The shares were sold at an average price of $35.96, for a total value of $3,084,397.08.
• On Monday, December 29th, John Bicket sold 82,274 shares of Samsara stock. The stock was sold at an average price of $36.27, for a total value of $2,984,077.98.
• On Thursday, December 18th, John Bicket sold 33,939 shares of Samsara stock. The shares were sold at an average price of $38.75, for a total transaction of $1,315,136.25.
• On Wednesday, December 17th, John Bicket sold 136,061 shares of Samsara stock. The shares were sold at an average price of $38.37, for a total transaction of $5,220,660.57.
• On Wednesday, December 3rd, John Bicket sold 24,162 shares of Samsara stock. The stock was sold at an average price of $38.15, for a total transaction of $921,780.30.
• On Tuesday, December 2nd, John Bicket sold 145,838 shares of Samsara stock. The shares were sold at an average price of $37.85, for a total value of $5,519,968.30.
• On Wednesday, November 19th, John Bicket sold 46,559 shares of Samsara stock. The stock was sold at an average price of $36.11, for a total value of $1,681,245.49.
• On Tuesday, November 18th, John Bicket sold 123,441 shares of Samsara stock. The shares were sold at an average price of $36.51, for a total value of $4,506,830.91.
• On Wednesday, November 5th, John Bicket sold 20,723 shares of Samsara stock. The shares were sold at an average price of $38.52, for a total value of $798,249.96.

Samsara Stock Performance

Shares of NYSE:IOT traded down $2.56 during midday trading on Thursday, reaching $33.75. 6,378,988 shares of the company’s stock traded hands, compared to its average volume of 6,136,595. The company has a fifty day simple moving average of $38.33 and a two-hundred day simple moving average of $37.89. Samsara Inc. has a 1 year low of $31.40 and a 1 year high of $61.90. The company has a market cap of $19.47 billion, a P/E ratio of -421.85 and a beta of 1.62.

Samsara (NYSE:IOT) last announced its earnings results on Thursday, December 4th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to analyst estimates of $398.92 million. During the same quarter last year, the business earned $0.07 EPS. The firm’s revenue for the quarter was up 29.2% compared to the same quarter last year. 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, research analysts forecast that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Institutional Trading of Samsara

Several institutional investors have recently made changes to their positions in the company. Lazard Freres Gestion S.A.S. acquired a new position in shares of Samsara during the third quarter worth about $2,235,000. JPMorgan Chase & Co. raised its holdings in Samsara by 28.9% in the second quarter. JPMorgan Chase & Co. now owns 1,380,514 shares of the company’s stock valued at $54,917,000 after acquiring an additional 309,920 shares in the last quarter. Lunate Capital Ltd purchased a new position in Samsara in the second quarter worth approximately $905,000. Millennium Management LLC grew its holdings in 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 acquiring an additional 501,216 shares in the last quarter. Finally, Windmill Hill Asset Management Ltd increased its position in shares of Samsara by 126.7% in 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. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on IOT shares. KeyCorp started coverage on Samsara in a report on Tuesday, December 9th. They issued an “overweight” rating and a $55.00 price objective on the stock. 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 report on Friday, December 5th. Cowen restated a “buy” rating on shares of Samsara in a research report on Friday, December 5th. Wells Fargo & Company upped their price objective on shares of Samsara from $50.00 to $52.00 and gave the company an “overweight” rating in a research note on Friday, December 5th. Finally, Evercore ISI set a $50.00 target price on shares of Samsara and gave the stock an “outperform” rating in a research note on Wednesday, October 1st. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $51.27.

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.