Samsara (NYSE:IOT) Insider Sells $3,848,614.77 in Stock

Key Points

• Samsara insider Sanjit Biswas sold 128,159 shares on May 27 at an average price of $30.03, generating about $3.85 million. After the sale, he still held 22,300 shares, and the trade was made under a pre-arranged Rule 10b5-1 plan.
• Biswas has been actively selling shares in recent weeks, with multiple additional transactions in late April and May totaling millions of dollars. The filings show a sharp reduction in his ownership stake over that period.
• Samsara shares rose 7.3% to $31.62 in the trading session noted, while analysts remain broadly positive with a consensus rating of “Moderate Buy” and an average price target of $46.18. The company also recently beat earnings and revenue estimates in its latest report.

Samsara Inc. (NYSE:IOT - Get Free Report) insider Sanjit Biswas sold 128,159 shares of the firm's stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $30.03, for a total value of $3,848,614.77. Following the sale, the insider owned 22,300 shares of the company's stock, valued at $669,669. This represents a 85.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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, May 28th, Sanjit Biswas sold 31,081 shares of Samsara stock. The stock was sold at an average price of $31.21, for a total value of $970,038.01.
• On Tuesday, May 26th, Sanjit Biswas sold 104,660 shares of Samsara stock. The stock was sold at an average price of $31.10, for a total value of $3,254,926.00.
• On Wednesday, May 13th, Sanjit Biswas sold 95,628 shares of Samsara stock. The stock was sold at an average price of $27.47, for a total value of $2,626,901.16.
• On Tuesday, May 12th, Sanjit Biswas sold 168,272 shares of Samsara stock. The stock was sold at an average price of $28.58, for a total value of $4,809,213.76.
• On Thursday, April 30th, Sanjit Biswas sold 72,958 shares of Samsara stock. The stock was sold at an average price of $28.49, for a total value of $2,078,573.42.
• On Wednesday, April 29th, Sanjit Biswas sold 87,067 shares of Samsara stock. The stock was sold at an average price of $29.05, for a total transaction of $2,529,296.35.
• On Tuesday, April 28th, Sanjit Biswas sold 103,875 shares of Samsara stock. The stock was sold at an average price of $29.50, for a total transaction of $3,064,312.50.
• On Wednesday, April 15th, Sanjit Biswas sold 96,562 shares of Samsara stock. The stock was sold at an average price of $27.98, for a total transaction of $2,701,804.76.
• On Tuesday, April 14th, Sanjit Biswas sold 167,338 shares of Samsara stock. The stock was sold at an average price of $26.60, for a total transaction of $4,451,190.80.
• On Thursday, April 2nd, Sanjit Biswas sold 10,381 shares of Samsara stock. The stock was sold at an average price of $30.97, for a total transaction of $321,499.57.

Samsara Trading Up 7.3%

NYSE IOT traded up $2.15 during trading hours on Thursday, reaching $31.62. The company's stock had a trading volume of 5,038,315 shares, compared to its average volume of 7,313,529. The business has a 50-day simple moving average of $30.29 and a 200 day simple moving average of $32.58. Samsara Inc. has a 52 week low of $23.38 and a 52 week high of $48.40. The stock has a market cap of $18.36 billion, a PE ratio of -1,580.31, a PEG ratio of 9.27 and a beta of 1.29.

Samsara (NYSE:IOT - Get Free Report) last issued its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.13 by $0.05. The firm had revenue of $444.30 million for the quarter, compared to analysts' expectations of $422.29 million. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. Samsara's revenue was up 28.3% on a year-over-year basis. During the same quarter last year, the company posted $0.11 earnings per share. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. As a group, equities analysts predict that Samsara Inc. will post 0.08 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. 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. BI Asset Management Fondsmaeglerselskab A S increased its position in Samsara by 227.0% during the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 65,122 shares of the company's stock worth $2,426,000 after acquiring an additional 45,204 shares during the period. Westfield Capital Management Co. LP increased its position in Samsara by 7.1% during the third quarter. Westfield Capital Management Co. LP now owns 3,801,787 shares of the company's stock worth $141,617,000 after acquiring an additional 252,681 shares during the period. American Century Companies Inc. raised its position in shares of Samsara by 13.7% during the third quarter. American Century Companies Inc. now owns 1,786,790 shares of the company's stock valued at $66,558,000 after buying an additional 214,793 shares during the last quarter. Finally, OneDigital Investment Advisors LLC raised its position in shares of Samsara by 184.2% during the third quarter. OneDigital Investment Advisors LLC now owns 180,153 shares of the company's stock valued at $6,711,000 after buying an additional 116,767 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

IOT has been the topic of a number of recent analyst reports. The Goldman Sachs Group set a $45.00 price target on Samsara in a report on Monday, March 2nd. Piper Sandler reaffirmed an "overweight" rating and set a $39.00 price target (up from $37.00) on shares of Samsara in a report on Friday, March 6th. UBS Group reaffirmed a "buy" rating and set a $48.00 price target on shares of Samsara in a report on Friday, March 6th. BTIG Research dropped their target price on Samsara from $55.00 to $45.00 and set a "buy" rating on the stock in a report on Friday, March 6th. Finally, Wells Fargo & Company boosted their target price on Samsara from $43.00 to $46.00 and gave the stock an "overweight" rating in a report on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $46.18.

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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