Insider Selling: Samsara (NYSE:IOT) Insider Sells 87,067 Shares of Stock

Samsara Inc. (NYSE:IOT) insider Sanjit Biswas sold 87,067 shares of the stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $29.05, for a total transaction of $2,529,296.35. Following the sale, the insider directly owned 112,900 shares in the company, valued at $3,279,745. This represents a 43.54% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sanjit Biswas also recently made the following trade(s):

• On Thursday, April 30th, Sanjit Biswas sold 72,958 shares of Samsara stock. The stock was sold at an average price of $28.49, for a total transaction of $2,078,573.42.
• On Tuesday, April 28th, Sanjit Biswas sold 103,875 shares of Samsara stock. The stock was sold at an average price of $29.50, for a total transaction of $3,064,312.50.
• On Wednesday, April 15th, Sanjit Biswas sold 96,562 shares of Samsara stock. The stock was sold at an average price of $27.98, for a total transaction of $2,701,804.76.
• On Tuesday, April 14th, Sanjit Biswas sold 167,338 shares of Samsara stock. The stock was sold at an average price of $26.60, for a total transaction of $4,451,190.80.
• On Thursday, April 2nd, Sanjit Biswas sold 10,381 shares of Samsara stock. The stock was sold at an average price of $30.97, for a total transaction of $321,499.57.
• On Wednesday, April 1st, Sanjit Biswas sold 116,576 shares of Samsara stock. The stock was sold at an average price of $31.80, for a total transaction of $3,707,116.80.
• On Tuesday, March 31st, Sanjit Biswas sold 136,943 shares of Samsara stock. The stock was sold at an average price of $31.44, for a total transaction of $4,305,487.92.
• On Tuesday, February 17th, Sanjit Biswas sold 263,900 shares of Samsara stock. The stock was sold at an average price of $25.87, for a total transaction of $6,827,093.00.
• On Wednesday, February 4th, Sanjit Biswas sold 208,081 shares of Samsara stock. The stock was sold at an average price of $25.19, for a total transaction of $5,241,560.39.
• On Tuesday, February 3rd, Sanjit Biswas sold 55,819 shares of Samsara stock. The stock was sold at an average price of $25.23, for a total transaction of $1,408,313.37.

Samsara Stock Down 2.2%

Shares of IOT stock traded down $0.65 during trading hours on Thursday, reaching $28.72. 8,556,337 shares of the stock were exchanged, compared to its average volume of 5,651,108. The business’s fifty day moving average is $30.33 and its two-hundred day moving average is $33.74. Samsara Inc. has a 12-month low of $23.38 and a 12-month high of $48.40.

Samsara (NYSE:IOT) last released its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.05. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. The firm had revenue of $444.30 million for the quarter, compared to analyst estimates of $422.29 million. During the same period in the prior year, the firm earned $0.11 earnings per share. The business’s quarterly revenue was up 28.3% compared to the same quarter last year. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. On average, equities research analysts anticipate that Samsara Inc. will post 0.06 EPS for the current fiscal year.

Wall Street Analyst Weigh In

IOT has been the topic of several recent analyst reports. Truist Financial dropped their price target on shares of Samsara from $39.00 to $30.00 and set a “hold” rating on the stock in a research note on Tuesday, February 17th. Royal Bank Of Canada increased their price target on shares of Samsara from $35.00 to $41.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. Zacks Research upgraded shares of Samsara from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 13th. UBS Group reiterated a “buy” rating and issued a $48.00 price target on shares of Samsara in a research note on Friday, March 6th. Finally, KeyCorp increased their price target on shares of Samsara from $40.00 to $41.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $46.18.

Institutional Investors Weigh In On Samsara

Large investors have recently modified their holdings of the company. Acumen Wealth Advisors LLC acquired a new stake in shares of Samsara in the fourth quarter valued at approximately $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 acquiring an additional 669 shares during the period. Versant Capital Management Inc boosted its holdings in shares of 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 acquiring an additional 851 shares during the period. AlphaCentric Advisors LLC acquired a new stake in shares of Samsara in the fourth quarter valued at approximately $36,000. Finally, Optiver Holding B.V. boosted its holdings in shares of Samsara by 953.2% in the third quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock valued at $44,000 after acquiring an additional 1,058 shares during the period. 96.02% of the stock is owned by institutional investors and hedge funds.

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.