Insider Selling: Samsara (NYSE:IOT) Insider Sells 4,767 Shares of Stock

Key Points

• Adam Eltoukhy, an insider at Samsara Inc., sold 4,767 shares on September 22nd for a total of $187,819.80, decreasing his ownership by 1.55%.
• Samsara's latest earnings report showed a 30.4% revenue increase year-over-year, exceeding analyst expectations with earnings per share of $0.12.
• Recent analyst ratings for Samsara range from a buy to a hold, with the average price target set at $49.38.

Samsara Inc. (NYSE:IOT - Get Free Report) insider Adam Eltoukhy sold 4,767 shares of the business's stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $39.40, for a total transaction of $187,819.80. Following the sale, the insider directly owned 302,698 shares of the company's stock, valued at $11,926,301.20. This represents a 1.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• On Monday, September 15th, Adam Eltoukhy sold 18,219 shares of Samsara stock. The stock was sold at an average price of $39.15, for a total value of $713,273.85.
• On Wednesday, September 10th, Adam Eltoukhy sold 9,758 shares of Samsara stock. The shares were sold at an average price of $38.14, for a total value of $372,170.12.
• On Wednesday, August 20th, Adam Eltoukhy sold 4,578 shares of Samsara stock. The stock was sold at an average price of $32.73, for a total value of $149,837.94.
• On Monday, July 21st, Adam Eltoukhy sold 10,083 shares of Samsara stock. The stock was sold at an average price of $38.77, for a total transaction of $390,917.91.
• On Friday, June 27th, Adam Eltoukhy sold 10,083 shares of Samsara stock. The stock was sold at an average price of $39.89, for a total transaction of $402,210.87.

Samsara Stock Performance

IOT traded down $0.87 on Tuesday, reaching $38.44. 4,397,226 shares of the company's stock were exchanged, compared to its average volume of 5,003,466. The company's 50 day moving average is $36.83 and its 200-day moving average is $39.22. The company has a market cap of $22.05 billion, a price-to-earnings ratio of -240.23 and a beta of 1.61. Samsara Inc. has a twelve month low of $31.40 and a twelve month high of $61.90.

Samsara (NYSE:IOT - Get Free Report) last released its quarterly earnings results on Thursday, September 4th. The company reported $0.12 earnings per share for the quarter, topping analysts' consensus estimates of $0.07 by $0.05. The firm had revenue of $391.48 million during the quarter, compared to analysts' expectations of $372.22 million. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.Samsara's quarterly revenue was up 30.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.05 EPS. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. Sell-side analysts forecast that Samsara Inc. will post -0.3 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Craig Hallum upgraded Samsara from a "hold" rating to a "buy" rating and upped their price target for the stock from $42.00 to $48.00 in a report on Friday, September 5th. Evercore ISI set a $45.00 price target on Samsara in a report on Wednesday, June 25th. Zacks Research lowered Samsara from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 15th. Truist Financial upped their target price on Samsara from $35.00 to $39.00 and gave the company a "hold" rating in a research report on Friday, September 5th. Finally, Royal Bank Of Canada upped their target price on Samsara from $44.00 to $46.00 and gave the company an "outperform" rating in a research report on Friday, September 5th. Eight analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $49.38.

Institutional Investors Weigh In On Samsara

Institutional investors and hedge funds have recently made changes to their positions in the company. Keystone Financial Group Inc. raised its position in shares of Samsara by 300.0% during the 1st quarter. Keystone Financial Group Inc. now owns 600 shares of the company's stock valued at $25,000 after acquiring an additional 450 shares in the last quarter. Catalyst Capital Advisors LLC acquired a new stake in shares of Samsara during the 2nd quarter valued at approximately $28,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Samsara during the 1st quarter valued at approximately $31,000. CWM LLC grew its stake in Samsara by 385.3% during the 1st quarter. CWM LLC now owns 1,053 shares of the company's stock worth $40,000 after buying an additional 836 shares during the last quarter. Finally, AlphaQuest LLC grew its stake in Samsara by 519.6% during the 1st quarter. AlphaQuest LLC now owns 1,041 shares of the company's stock worth $40,000 after buying an additional 873 shares during the last quarter. 96.02% of the stock is owned by institutional investors and hedge funds.

About Samsara

Samsara Inc provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.

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