Samsara (NYSE:IOT) CEO Sells 93,079 Shares

Key Points

• CEO Sanjit Biswas sold 93,079 Samsara shares at an average price of $39.94, generating approximately $3.72 million. The transaction, conducted under a Rule 10b5-1 plan, reduced his position by 25.56% to 271,100 shares.
• Biswas has made numerous additional sales recently, including more than 35,000 shares on August 20 and 135,000 shares on August 18, continuing a broader pattern of insider selling.
• Samsara reported stronger-than-expected quarterly results, with revenue up 30.5% year over year and EPS of $0.17 versus the $0.13 consensus estimate. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $46.39, compared with the stock’s recent price near $38.93.

Samsara Inc. (NYSE:IOT - Get Free Report) CEO Sanjit Biswas sold 93,079 shares of the stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $39.94, for a total transaction of $3,717,575.26. Following the transaction, the chief executive officer owned 271,100 shares in the company, valued at approximately $10,827,734. The trade was a 25.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sanjit Biswas also recently made the following trade(s):

• 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 value of $1,394,481.38.
• On Tuesday, August 18th, Sanjit Biswas sold 135,455 shares of Samsara stock. The stock was sold at an average price of $39.99, for a total value of $5,416,845.45.
• On Thursday, August 6th, Sanjit Biswas sold 57,090 shares of Samsara stock. The shares were sold at an average price of $37.89, for a total transaction of $2,163,140.10.
• On Wednesday, August 5th, Sanjit Biswas sold 87,333 shares of Samsara stock. The shares were sold at an average price of $38.64, for a total transaction of $3,374,547.12.
• On Tuesday, August 4th, Sanjit Biswas sold 119,477 shares of Samsara stock. The shares were sold at an average price of $38.34, for a total value of $4,580,748.18.
• On Wednesday, July 22nd, Sanjit Biswas sold 61,283 shares of Samsara stock. The stock was sold at an average price of $33.87, for a total value of $2,075,655.21.
• On Tuesday, July 21st, Sanjit Biswas sold 202,617 shares of Samsara stock. The stock was sold at an average price of $36.81, for a total transaction of $7,458,331.77.
• On Wednesday, July 8th, Sanjit Biswas sold 19,095 shares of Samsara stock. The stock was sold at an average price of $35.09, for a total transaction of $670,043.55.
• On Tuesday, July 7th, Sanjit Biswas sold 244,805 shares of Samsara stock. The stock was sold at an average price of $36.77, for a total value of $9,001,479.85.
• On Thursday, May 28th, Sanjit Biswas sold 31,081 shares of Samsara stock. The shares were sold at an average price of $31.21, for a total value of $970,038.01.

Samsara Stock Down 0.7%

Shares of IOT stock traded down $0.27 during trading hours on Thursday, hitting $38.93. 5,690,708 shares of the company's stock traded hands, compared to its average volume of 6,916,050. The stock has a market cap of $22.68 billion, a PE ratio of 389.34, a price-to-earnings-growth ratio of 8.89 and a beta of 1.34. Samsara Inc. has a 12 month low of $23.38 and a 12 month high of $47.47. The stock's 50 day simple moving average is $35.84 and its 200 day simple moving average is $32.14.

Samsara (NYSE:IOT - Get Free Report) last announced its earnings results on Thursday, June 4th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.13 by $0.04. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The firm had revenue of $478.84 million for the quarter, compared to the consensus estimate of $455.21 million. During the same period in the previous year, the business earned $0.11 EPS. The business's quarterly revenue was up 30.5% compared to the same quarter last year. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. As a group, equities research analysts expect that Samsara Inc. will post 0.15 EPS for the current fiscal year.

Analyst Ratings Changes

IOT has been the topic of several recent analyst reports. Truist Financial boosted their price target on Samsara from $30.00 to $38.00 and gave the company a "hold" rating in a research note on Wednesday. Wells Fargo & Company increased their price objective on Samsara from $46.00 to $50.00 and gave the stock an "overweight" rating in a research note on Friday, June 5th. Jefferies Financial Group upgraded shares of Samsara to a "buy" rating in a report on Thursday, June 11th. Zacks Research downgraded Samsara from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, May 5th. Finally, Weiss Ratings upgraded shares of Samsara from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Tuesday, August 11th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $46.39.

Institutional Investors Weigh In On Samsara

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Acumen Wealth Advisors LLC purchased a new stake in shares of Samsara in the 4th quarter valued at about $28,000. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Samsara by 312.6% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company's stock worth $31,000 after acquiring an additional 669 shares during the last quarter. AlphaCentric Advisors LLC purchased a new stake in Samsara during the fourth quarter valued at about $36,000. IFP Advisors Inc boosted its holdings in Samsara by 194.4% during the 3rd quarter. IFP Advisors Inc now owns 1,254 shares of the company's stock valued at $47,000 after acquiring an additional 828 shares during the period. Finally, Los Angeles Capital Management LLC bought a new position in shares of Samsara in the fourth quarter worth approximately $52,000. Hedge funds and other institutional investors own 96.02% of the company's stock.

Samsara Company Profile

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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