Samsara (NYSE:IOT) CAO Sells $87,466.00 in Stock

Key Points

• Samsara CAO Benjamin Kirchhoff sold 2,165 shares for $87,466 at an average price of $40.40 under a pre-arranged Rule 10b5-1 plan, reducing his ownership by 1.43% to 148,921 shares.
• Samsara shares fell 7.2% to $39.54, while the company traded at a high valuation, including a price-to-earnings ratio of 247.12. Recent large insider sales by company co-founders also weighed on investor sentiment.
• Underlying business results remained strong: quarterly revenue rose 29.9% year over year to $508.44 million and EPS beat estimates, while analysts maintained a “Moderate Buy” consensus with a $51.68 price target.

Samsara Inc. (NYSE:IOT - Get Free Report) CAO Benjamin Kirchhoff sold 2,165 shares of Samsara stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $40.40, for a total value of $87,466.00. Following the transaction, the chief accounting officer owned 148,921 shares of the company's stock, valued at approximately $6,016,408.40. This represents a 1.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Benjamin Louis Kirchhoff also recently made the following trade(s):

• On Friday, September 18th, Benjamin Kirchhoff sold 770 shares of Samsara stock. The stock was sold at an average price of $40.42, for a total value of $31,123.40.
• On Tuesday, September 15th, Benjamin Kirchhoff sold 2,165 shares of Samsara stock. The stock was sold at an average price of $42.55, for a total value of $92,120.75.
• On Monday, July 20th, Benjamin Kirchhoff sold 960 shares of Samsara stock. The stock was sold at an average price of $37.70, for a total transaction of $36,192.00.

Samsara Stock Down 7.2%

Shares of NYSE IOT traded down $3.05 during midday trading on Friday, reaching $39.54. 5,331,951 shares of the stock were exchanged, compared to its average volume of 6,782,000. The firm has a market cap of $23.15 billion, a price-to-earnings ratio of 247.12, a PEG ratio of 10.02 and a beta of 1.35. The firm has a 50-day simple moving average of $39.98 and a two-hundred day simple moving average of $35.23. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $47.47.

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 the consensus estimate of $0.16 by $0.04. The firm had revenue of $508.44 million during the quarter, compared to analysts' expectations of $483.29 million. Samsara had a net margin of 4.90% and a return on equity of 4.13%. The business's revenue was up 29.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.12 EPS. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. Research analysts expect that Samsara Inc. will post 0.13 EPS for the current fiscal year.

Samsara News Roundup

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Tracking Label recognition: Samsara’s disposable Bluetooth Tracking Label was named to TIME’s Best Inventions of 2026 in the Logistics category. The award supports the company’s product innovation narrative and highlights expansion of its Connected Operations platform into shipment visibility. Samsara Tracking Label Named to TIME’s Best Inventions of 2026
• Neutral Sentiment: Unusually high call-option activity: Traders purchased 22,155 call options, roughly three times the average daily volume. This indicates elevated speculative interest and possible bullish positioning, although options activity does not necessarily translate into sustained buying of the shares.
• Neutral Sentiment: Underlying fundamentals remain constructive: Samsara’s latest quarterly results exceeded estimates, with revenue of $508.4 million, up 29.9% year over year, and EPS of $0.20 versus the $0.16 consensus. Recent company commentary also pointed to continued AI and product adoption, rather than an operational setback.
• Negative Sentiment: Large insider sales pressured sentiment: CEO and co-founder Sanjit Biswas and co-founder John Bicket each sold approximately 263,900 shares during October 13–15, worth about $11 million apiece. The transactions were executed under pre-arranged Rule 10b5-1 plans, which reduces their signaling value, but the size and concentration of the sales can still concern investors. SEC insider trading filing
• Negative Sentiment: Market and valuation pressure: A weaker Nasdaq and risk reduction across technology stocks created a difficult backdrop for high-growth software companies. With Samsara trading at a very elevated earnings multiple after rallying toward its 52-week high, investors appear more willing to lock in gains and reassess valuation.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Bank of America increased their price target on Samsara from $47.00 to $55.00 and gave the stock a "buy" rating in a research report on Friday, September 4th. BTIG Research boosted their price objective on Samsara from $45.00 to $54.00 and gave the company a "buy" rating in a research report on Friday, September 4th. BMO Capital Markets boosted their price objective on Samsara from $44.00 to $54.00 and gave the company an "outperform" rating in a research report on Friday, September 4th. Piper Sandler reiterated a "neutral" rating and set a $46.00 target price (up from $40.00) on shares of Samsara in a research report on Friday, September 4th. Finally, KeyCorp increased their target price on Samsara from $46.00 to $55.00 and gave the company an "overweight" rating in a research report on Friday, September 4th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Samsara currently has a consensus rating of "Moderate Buy" and a consensus price target of $51.68.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of IOT. Cim LLC boosted its stake in shares of Samsara by 1.3% during the first quarter. Cim LLC now owns 34,505 shares of the company's stock worth $1,093,000 after buying an additional 455 shares during the period. Lido Advisors LLC increased its position in Samsara by 1.4% in the 1st quarter. Lido Advisors LLC now owns 40,044 shares of the company's stock valued at $1,269,000 after acquiring an additional 534 shares during the period. Moran Wealth Management LLC increased its position in Samsara by 7.3% in the 1st quarter. Moran Wealth Management LLC now owns 8,291 shares of the company's stock valued at $263,000 after acquiring an additional 562 shares during the period. TrueMark Investments LLC increased its position in Samsara by 1.4% in the 1st quarter. TrueMark Investments LLC now owns 44,724 shares of the company's stock valued at $1,417,000 after acquiring an additional 630 shares during the period. Finally, GAMMA Investing LLC raised its stake in Samsara by 22.4% during the 3rd quarter. GAMMA Investing LLC now owns 3,502 shares of the company's stock valued at $134,000 after acquiring an additional 640 shares during the last quarter. Institutional investors and hedge funds own 96.02% of the company's stock.

About Samsara

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

The Samsara Connected Operations Cloud includes vehicle telematics, GPS tracking, video-based safety, routing and dispatch tools, equipment monitoring, workforce and workflow management, and compliance solutions.

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