Samsara (NYSE:IOT) CAO Sells $64,529.60 in Stock

Key Points

• Samsara CAO Benjamin Louis Kirchhoff sold 2,480 shares on April 13 at an average price of $26.02 for a total of $64,529.60 under a pre-arranged Rule 10b5-1 plan, reducing his stake by 2.12% to 114,258 shares (he also sold shares in January and February).
• Samsara posted an earnings beat (Q1 EPS $0.18 vs. $0.13) with revenue up 28.3% to $444.3M and set FY2027 EPS guidance of $0.65–$0.69, while analysts hold a consensus Moderate Buy with an average price target of $46.18 versus the recent ~$26.5 share price.

Samsara Inc. (NYSE:IOT - Get Free Report) CAO Benjamin Louis Kirchhoff sold 2,480 shares of Samsara stock in a transaction on Monday, April 13th. The shares were sold at an average price of $26.02, for a total transaction of $64,529.60. Following the sale, the chief accounting officer directly owned 114,258 shares of the company's stock, valued at $2,972,993.16. This trade represents a 2.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, February 17th, Benjamin Louis Kirchhoff sold 1,731 shares of Samsara stock. The stock was sold at an average price of $26.64, for a total transaction of $46,113.84.
• On Thursday, January 15th, Benjamin Louis Kirchhoff sold 1,683 shares of Samsara stock. The stock was sold at an average price of $34.53, for a total value of $58,113.99.

Samsara Price Performance

IOT traded down $0.08 during trading on Tuesday, reaching $26.51. 5,864,507 shares of the stock traded hands, compared to its average volume of 8,218,118. The stock's 50-day simple moving average is $29.51 and its two-hundred day simple moving average is $34.45. Samsara Inc. has a fifty-two week low of $23.38 and a fifty-two week high of $48.40. The stock has a market cap of $15.39 billion, a price-to-earnings ratio of -1,324.84, a price-to-earnings-growth ratio of 9.48 and a beta of 1.50.

Samsara (NYSE:IOT - Get Free Report) last issued its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.05. Samsara had a negative return on equity of 0.72% and a negative net margin of 0.56%.The company had revenue of $444.30 million for the quarter, compared to analyst estimates of $422.29 million. The business's revenue was up 28.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.11 EPS. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. Research analysts anticipate that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

IOT has been the subject of several recent research reports. UBS Group reissued a "buy" rating and issued a $48.00 target price on shares of Samsara in a research report on Friday, March 6th. BTIG Research decreased their price objective on shares of Samsara from $55.00 to $45.00 and set a "buy" rating for the company in a report on Friday, March 6th. Evercore reissued an "outperform" rating on shares of Samsara in a research report on Friday, March 6th. Zacks Research upgraded Samsara from a "hold" rating to a "strong-buy" rating in a report on Friday, March 13th. Finally, TD Cowen reaffirmed a "buy" rating on shares of Samsara in a research report on Monday, March 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Samsara currently has a consensus rating of "Moderate Buy" and an average price target of $46.18.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Pinegrove Venture Partners LLC lifted its holdings in shares of Samsara by 46.0% during the third quarter. Pinegrove Venture Partners LLC now owns 556,582 shares of the company's stock worth $20,733,000 after buying an additional 175,411 shares during the last quarter. Lazard Freres Gestion S.A.S. acquired a new stake in shares of Samsara in the third quarter worth $2,235,000. Bessemer Group Inc. increased its position in Samsara by 19.8% during the third quarter. Bessemer Group Inc. now owns 1,728,322 shares of the company's stock worth $64,379,000 after acquiring an additional 286,193 shares during the period. LBP AM SA increased its position in Samsara by 13.9% during the third quarter. LBP AM SA now owns 313,987 shares of the company's stock worth $11,696,000 after acquiring an additional 38,235 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S raised its stake in Samsara by 227.0% during the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 65,122 shares of the company's stock valued at $2,426,000 after purchasing an additional 45,204 shares during the last quarter. Institutional investors own 96.02% of the company's stock.

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.

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