Samsara (NYSE:IOT) Insider John Bicket Sells 96,690 Shares

Key Points

• Insider John Bicket sold 96,690 shares of Samsara on April 15 at an average price of $27.98 for roughly $2.71 million, reducing his holdings by 37.93% to 158,200 shares; the sale was disclosed to the SEC and executed under a pre-arranged Rule 10b5-1 plan.
• The April 15 transaction is part of a recent selling spree — Bicket has disposed of about 1.32 million shares since Jan. 20 across multiple trades, signaling substantial insider selling activity.
• Despite these insider sales, large institutions have been increasing positions and analysts keep a consensus "Moderate Buy" view with a $46.18 target; Samsara recently traded at $29.53 after beating revenue and EPS estimates for the quarter.

Samsara Inc. (NYSE:IOT - Get Free Report) insider John Bicket sold 96,690 shares of the firm's stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $27.98, for a total value of $2,705,386.20. Following the completion of the sale, the insider owned 158,200 shares of the company's stock, valued at $4,426,436. This represents a 37.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

John Bicket also recently made the following trade(s):

• On Tuesday, April 14th, John Bicket sold 167,210 shares of Samsara stock. The stock was sold at an average price of $26.60, for a total value of $4,447,786.00.
• On Thursday, April 2nd, John Bicket sold 10,009 shares of Samsara stock. The shares were sold at an average price of $30.96, for a total value of $309,878.64.
• On Wednesday, April 1st, John Bicket sold 116,486 shares of Samsara stock. The stock was sold at an average price of $31.80, for a total value of $3,704,254.80.
• On Tuesday, March 31st, John Bicket sold 137,405 shares of Samsara stock. The stock was sold at an average price of $31.44, for a total transaction of $4,320,013.20.
• On Tuesday, February 17th, John Bicket sold 263,900 shares of Samsara stock. The shares were sold at an average price of $25.87, for a total transaction of $6,827,093.00.
• On Wednesday, February 4th, John Bicket sold 208,536 shares of Samsara stock. The shares were sold at an average price of $25.20, for a total transaction of $5,255,107.20.
• On Tuesday, February 3rd, John Bicket sold 55,364 shares of Samsara stock. The stock was sold at an average price of $25.23, for a total transaction of $1,396,833.72.
• On Tuesday, January 20th, John Bicket sold 263,900 shares of Samsara stock. The shares were sold at an average price of $32.43, for a total transaction of $8,558,277.00.

Samsara Trading Up 2.4%

NYSE IOT traded up $0.68 on Thursday, reaching $29.53. The company's stock had a trading volume of 9,737,465 shares, compared to its average volume of 8,257,559. Samsara Inc. has a 52 week low of $23.38 and a 52 week high of $48.40. The firm has a market cap of $17.15 billion, a PE ratio of -1,475.76, a price-to-earnings-growth ratio of 9.72 and a beta of 1.50. The business has a 50-day moving average price of $29.63 and a 200 day moving average price of $34.33.

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

Analyst Upgrades and Downgrades

Several research firms have issued reports on IOT. UBS Group reiterated a "buy" rating and set a $48.00 price objective on shares of Samsara in a research note on Friday, March 6th. The Goldman Sachs Group set a $45.00 target price on shares of Samsara in a research note on Monday, March 2nd. Piper Sandler reiterated an "overweight" rating and set a $39.00 target price (up from $37.00) on shares of Samsara in a research report on Friday, March 6th. Weiss Ratings reissued a "sell (d-)" rating on shares of Samsara in a report on Thursday, January 22nd. Finally, KeyCorp upped their price objective on shares of Samsara from $40.00 to $41.00 and gave the stock an "overweight" rating in a research note on Friday, March 6th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Samsara has a consensus rating of "Moderate Buy" and a consensus target price of $46.18.

Institutional Investors Weigh In On Samsara

A number of hedge funds have recently modified their holdings of IOT. Baillie Gifford & Co. lifted its stake in Samsara by 15.0% in the fourth quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company's stock valued at $1,689,565,000 after buying an additional 6,208,553 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Samsara by 11.5% during the fourth quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company's stock worth $1,174,620,000 after acquiring an additional 3,417,849 shares during the period. Sands Capital Management LLC lifted its position in Samsara by 6.4% in the 3rd quarter. Sands Capital Management LLC now owns 20,518,332 shares of the company's stock valued at $764,308,000 after acquiring an additional 1,242,122 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Samsara by 58.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company's stock valued at $421,079,000 after acquiring an additional 4,401,082 shares in the last quarter. Finally, Brown Advisory Inc. boosted its stake in Samsara by 42.1% in the 4th quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company's stock worth $397,536,000 after purchasing an additional 3,322,023 shares during the period. Institutional investors and hedge funds 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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