Samsara (NYSE:IOT) Director Sells $884,025.00 in Stock

Key Points

• Jonathan Chadwick, Director of Samsara, sold 22,500 shares of the company's stock for a total of $884,025, a 33.90% decrease in his holdings, now valued at approximately $1.72 million.
• Samsara reported $0.12 EPS, exceeding analysts' expectations, with revenue growing 30.4% year-over-year to $391.48 million, and set FY 2026 guidance at 0.450-0.470 EPS.
• Analysts have mixed ratings for Samsara, with a consensus "Moderate Buy" rating and a price target average of $49.38, despite recent downgrades from some research firms.

Samsara Inc. (NYSE:IOT - Get Free Report) Director Jonathan Chadwick sold 22,500 shares of Samsara stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $39.29, for a total transaction of $884,025.00. Following the sale, the director owned 43,865 shares of the company's stock, valued at approximately $1,723,455.85. This represents a 33.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Samsara Stock Performance

Shares of NYSE:IOT traded up $0.24 during mid-day trading on Friday, reaching $40.21. 5,937,081 shares of the company were exchanged, compared to its average volume of 7,533,881. Samsara Inc. has a 1 year low of $31.40 and a 1 year high of $61.90. The firm's 50-day simple moving average is $36.79 and its 200 day simple moving average is $39.21.

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

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Royal Bank Of Canada lifted their target price on Samsara from $44.00 to $46.00 and gave the company an "outperform" rating in a report on Friday, September 5th. Truist Financial lifted their price objective on shares of Samsara from $35.00 to $39.00 and gave the stock a "hold" rating in a research report on Friday, September 5th. Wall Street Zen lowered Samsara from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Piper Sandler raised their price target on Samsara from $47.00 to $48.00 and gave the company an "overweight" rating in a research note on Friday, September 5th. Finally, Craig Hallum raised Samsara from a "hold" rating to a "buy" rating and upped their price objective for the stock from $42.00 to $48.00 in a research report on Friday, September 5th. Eight analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, Samsara has an average rating of "Moderate Buy" and an average target price of $49.38.

Institutional Trading of Samsara

Large investors have recently bought and sold shares of the business. Keystone Financial Group Inc. increased its position in Samsara by 300.0% in 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 during the period. Catalyst Capital Advisors LLC acquired a new stake in shares of Samsara in the 2nd quarter worth $28,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Samsara in the first quarter valued at about $31,000. Fourth Dimension Wealth LLC purchased a new stake in shares of Samsara in the fourth quarter valued at approximately $38,000. Finally, CWM LLC grew its holdings in Samsara by 385.3% during the first quarter. CWM LLC now owns 1,053 shares of the company's stock worth $40,000 after acquiring an additional 836 shares during the period. Institutional investors and hedge funds own 96.02% of the company's stock.

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.