Samsara (NYSE:IOT) Insider Sells $177,141.72 in Stock

Key Points

• Insider Adam Eltoukhy sold 4,767 shares of Samsara stock for a total of $177,141.72 on October 20, reducing his ownership by 1.55%.
• Samsara's stock price reached $39.20, with a market cap of $22.48 billion and a twelve-month trading range between $31.40 and $61.90.
• The company reported a 30.4% year-over-year revenue increase, with an EPS of $0.12 for the last quarter, surpassing the consensus estimate of $0.07.

Samsara Inc. (NYSE:IOT - Get Free Report) insider Adam Eltoukhy sold 4,767 shares of the firm's stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $37.16, for a total value of $177,141.72. Following the sale, the insider owned 302,698 shares of the company's stock, valued at $11,248,257.68. The trade was a 1.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

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

• On Monday, September 22nd, Adam Eltoukhy sold 4,767 shares of Samsara stock. The shares were sold at an average price of $39.40, for a total value of $187,819.80.
• On Monday, September 15th, Adam Eltoukhy sold 18,219 shares of Samsara stock. The shares were 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 shares were sold at an average price of $32.73, for a total value of $149,837.94.

Samsara Stock Performance

Shares of Samsara stock traded up $1.99 during trading on Tuesday, hitting $39.20. 5,570,809 shares of the stock traded hands, compared to its average volume of 5,015,682. The stock has a market cap of $22.48 billion, a P/E ratio of -244.97 and a beta of 1.60. Samsara Inc. has a twelve month low of $31.40 and a twelve month high of $61.90. The company has a fifty day moving average price of $37.13 and a two-hundred day moving average price of $39.18.

Samsara (NYSE:IOT - Get Free Report) last announced its quarterly earnings results on Thursday, September 4th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.05. The business had revenue of $391.48 million during the quarter, compared to analyst estimates of $372.22 million. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.The firm's revenue was up 30.4% on a year-over-year basis. During the same period in the previous year, the company 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. On average, equities research analysts expect that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on IOT. Royal Bank Of Canada boosted their target price on Samsara from $44.00 to $46.00 and gave the stock an "outperform" rating in a 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. Morgan Stanley boosted their target price on Samsara from $50.00 to $53.00 and gave the stock an "equal weight" rating in a report on Monday, September 8th. Truist Financial boosted their target price on Samsara from $35.00 to $39.00 and gave the stock a "hold" rating in a report on Friday, September 5th. Finally, BMO Capital Markets reduced their target price on Samsara from $54.00 to $47.00 and set an "outperform" rating for the company in a report on Friday, September 5th. Eight investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Samsara has an average rating of "Hold" and a consensus price target of $49.55.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of IOT. Brighton Jones LLC acquired a new position in shares of Samsara during the fourth quarter worth approximately $13,464,000. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Samsara by 24.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 20,045 shares of the company's stock worth $768,000 after buying an additional 3,956 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of Samsara by 12.7% during the first quarter. Blue Trust Inc. now owns 8,076 shares of the company's stock worth $310,000 after buying an additional 911 shares during the last quarter. Praxis Investment Management Inc. lifted its holdings in shares of Samsara by 24.7% during the first quarter. Praxis Investment Management Inc. now owns 6,920 shares of the company's stock worth $265,000 after buying an additional 1,370 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Samsara by 47.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 9,407 shares of the company's stock worth $361,000 after buying an additional 3,007 shares during the last quarter. 96.02% of the stock is currently 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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