Samsara (NYSE:IOT) CEO Sanjit Biswas Sells 40,875 Shares of Company Stock

Posted by Teresa Graham on Oct 30th, 2026

Samsara Inc. (NYSE:IOT – Get Free Report) CEO Sanjit Biswas sold 40,875 shares of the business’s stock in a transaction on Thursday, October 29th. The shares were sold at an average price of $41.57, for a total value of $1,699,173.75. Following the completion of the sale, the chief executive officer directly owned 461,835 shares in the company, valued at approximately $19,198,480.95. This represents a 8.13% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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 Tuesday, October 27th, Sanjit Biswas sold 114,813 shares of Samsara stock. The stock was sold at an average price of $43.38, for a total value of $4,980,587.94.
On Wednesday, October 28th, Sanjit Biswas sold 108,212 shares of Samsara stock. The shares were sold at an average price of $42.97, for a total value of $4,649,869.64.
On Thursday, October 15th, Sanjit Biswas sold 65,402 shares of Samsara stock. The shares were sold at an average price of $42.27, for a total transaction of $2,764,542.54.
On Wednesday, October 14th, Sanjit Biswas sold 103,110 shares of Samsara stock. The shares were sold at an average price of $41.14, for a total transaction of $4,241,945.40.
On Tuesday, October 13th, Sanjit Biswas sold 95,388 shares of Samsara stock. The stock was sold at an average price of $41.87, for a total transaction of $3,993,895.56.
On Thursday, October 1st, Sanjit Biswas sold 21,129 shares of Samsara stock. The stock was sold at an average price of $38.81, for a total transaction of $820,016.49.
On Wednesday, September 30th, Sanjit Biswas sold 84,369 shares of Samsara stock. The stock was sold at an average price of $38.40, for a total transaction of $3,239,769.60.
On Tuesday, September 29th, Sanjit Biswas sold 158,402 shares of Samsara stock. The shares were sold at an average price of $37.74, for a total transaction of $5,978,091.48.
On Thursday, August 20th, Sanjit Biswas sold 35,366 shares of Samsara stock. The shares were sold at an average price of $39.43, for a total transaction of $1,394,481.38.
On Wednesday, August 19th, Sanjit Biswas sold 93,079 shares of Samsara stock. The shares were sold at an average price of $39.94, for a total transaction of $3,717,575.26.

Samsara Trading Down 3.5%

Shares of Samsara stock opened at $41.51 on Friday. The stock has a market capitalization of $24.31 billion, a price-to-earnings ratio of 259.41, a P/E/G ratio of 10.56 and a beta of 1.35. Samsara Inc. has a 1-year low of $23.38 and a 1-year high of $47.47. The firm’s 50-day moving average price is $40.53 and its two-hundred day moving average price is $34.26.

Samsara (NYSE:IOT – Get Free Report) last posted its earnings results on Thursday, September 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.04. Samsara had a net margin of 4.90% and a return on equity of 4.13%. The company had revenue of $508.44 million during the quarter, compared to analysts’ expectations of $483.29 million. During the same quarter in the previous year, the company posted $0.12 earnings per share. Samsara’s quarterly revenue was up 29.9% compared to the same quarter last year. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. As a group, equities research analysts predict that Samsara Inc. will post 0.13 EPS for the current year.

Key Headlines Impacting Samsara

Here are the key news stories impacting Samsara this week:

Positive Sentiment: Analysts remain broadly constructive following Samsara’s latest earnings beat, with several firms raising price targets to between $48 and $55. The average price target is $51.68, compared with the stock’s recent trading range. Samsara Just Answered The AI Question—Is Wall Street Ready To Listen?
Positive Sentiment: Institutional investors have been adding to positions, including Wellington Management, Bank of America, First Trust Advisors and others. Institutions and hedge funds own approximately 96% of the shares, providing an indication of strong professional-investor interest. Samsara Shows What Happens When Fundamentals Beat Fear
Neutral Sentiment: Samsara and Together for Safer Roads launched a fleet-safety program for community food banks. The initiative supports the company’s brand and social-impact profile but is unlikely to materially affect near-term financial results. Together for Safer Roads and Samsara launch US fleet safety program for community food banks
Negative Sentiment: CEO Sanjit Biswas sold roughly 264,000 shares across October 27–29, while insider John Bicket sold a similar amount. Another insider, Adam Eltoukhy, sold 7,306 shares. The combined sales were worth roughly $23 million, creating a notable supply and confidence overhang, even though they were scheduled trades rather than necessarily discretionary sales.

Analyst Ratings Changes

A number of brokerages have recently issued reports on IOT. Morgan Stanley upped their target price on shares of Samsara from $43.00 to $49.00 and gave the stock an “equal weight” rating in a research report on Friday, September 4th. Wall Street Zen raised shares of Samsara from a “hold” rating to a “buy” rating in a report on Saturday, September 12th. Cantor Fitzgerald began coverage on shares of Samsara in a research report on Monday, September 14th. They issued an “overweight” rating and a $45.00 price objective for the company. Royal Bank Of Canada upped their price objective on Samsara from $50.00 to $55.00 and gave the stock an “outperform” rating in a report on Friday, September 4th. Finally, Wells Fargo & Company increased their price objective on Samsara from $50.00 to $58.00 and gave the company an “overweight” rating in a research report on Friday, September 4th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $51.68.

Get Our Latest Research Report on IOT

Institutional Investors Weigh In On Samsara

A number of institutional investors have recently made changes to their positions in the stock. Gerber Kawasaki Wealth & Investment Management lifted its stake in Samsara by 5.9% in the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 21,278 shares of the company’s stock valued at $811,000 after buying an additional 1,186 shares during the period. Bank Julius Baer & Co. Ltd Zurich boosted its holdings in Samsara by 99.7% during the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 11,178 shares of the company’s stock worth $426,000 after buying an additional 5,580 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its position in shares of Samsara by 5.1% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 666,778 shares of the company’s stock worth $25,424,000 after buying an additional 32,122 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Samsara during the 3rd quarter worth about $312,000. Finally, Vise Technologies Inc. grew its position in shares of Samsara by 19.7% during the 3rd quarter. Vise Technologies Inc. now owns 7,940 shares of the company’s stock worth $303,000 after buying an additional 1,306 shares during the period. 96.02% of the stock is owned by institutional investors and hedge funds.

About Samsara

(Get Free Report)

Samsara, Inc is a technology company that provides connected operations solutions for organizations with physical operations. Its Samsara Connected Operations Cloud combines Internet of Things (IoT) hardware, cloud-based software and data analytics to help businesses monitor vehicles, equipment, facilities and frontline operations.

The company’s products and services include vehicle telematics, GPS fleet tracking, AI-enabled dash cameras and video-based safety tools, equipment and asset monitoring, electronic logging and compliance solutions, routing and dispatch software, and maintenance and workforce-management applications.