Samsara (NYSE:IOT) Insider Sells $5,199,416.37 in Stock

Key Points

• Insider John Bicket sold 133,421 shares of Samsara stock for a total value of $5,199,416.37, reducing his ownership by 76.06%.
• Samsara's stock price increased by 4.3% to $38.52, with significant trading volume of over 7 million shares.
• The company reported a quarterly earnings per share (EPS) of $0.12, beating analysts' expectations and reflecting a 30.4% increase in revenue compared to the previous year.

Samsara Inc. (NYSE:IOT - Get Free Report) insider John Bicket sold 133,421 shares of the firm's stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $38.97, for a total value of $5,199,416.37. Following the sale, the insider owned 42,000 shares in the company, valued at $1,636,740. This trade represents a 76.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

• On Wednesday, September 24th, John Bicket sold 36,579 shares of Samsara stock. The shares were sold at an average price of $37.50, for a total transaction of $1,371,712.50.
• On Wednesday, September 3rd, John Bicket sold 40,320 shares of Samsara stock. The shares were sold at an average price of $35.61, for a total value of $1,435,795.20.
• On Tuesday, September 2nd, John Bicket sold 129,680 shares of Samsara stock. The stock was sold at an average price of $35.37, for a total value of $4,586,781.60.
• On Wednesday, August 20th, John Bicket sold 67,349 shares of Samsara stock. The shares were sold at an average price of $32.64, for a total value of $2,198,271.36.
• On Tuesday, August 19th, John Bicket sold 102,651 shares of Samsara stock. The shares were sold at an average price of $33.44, for a total transaction of $3,432,649.44.
• On Wednesday, August 6th, John Bicket sold 37,632 shares of Samsara stock. The shares were sold at an average price of $36.15, for a total value of $1,360,396.80.
• On Tuesday, August 5th, John Bicket sold 132,368 shares of Samsara stock. The stock was sold at an average price of $36.23, for a total transaction of $4,795,692.64.
• On Wednesday, July 23rd, John Bicket sold 45,952 shares of Samsara stock. The stock was sold at an average price of $38.67, for a total value of $1,776,963.84.
• On Tuesday, July 22nd, John Bicket sold 124,048 shares of Samsara stock. The shares were sold at an average price of $37.88, for a total value of $4,698,938.24.
• On Wednesday, July 9th, John Bicket sold 56,113 shares of Samsara stock. The shares were sold at an average price of $39.22, for a total transaction of $2,200,751.86.

Samsara Stock Up 4.3%

Shares of Samsara stock traded up $1.58 during trading on Thursday, reaching $38.52. 7,163,409 shares of the company were exchanged, compared to its average volume of 7,230,092. The firm has a market capitalization of $22.10 billion, a price-to-earnings ratio of -240.76 and a beta of 1.61. Samsara Inc. has a twelve month low of $31.40 and a twelve month high of $61.90. The business has a 50-day moving average price of $36.83 and a 200-day moving average price of $39.23.

Samsara (NYSE:IOT - Get Free Report) last released its quarterly earnings data on Thursday, September 4th. The company reported $0.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.05. Samsara had a negative net margin of 6.16% and a negative return on equity of 7.53%. The business had revenue of $391.48 million during the quarter, compared to analysts' expectations of $372.22 million. During the same period in the prior year, the company earned $0.05 EPS. The firm's quarterly revenue was up 30.4% compared to the same quarter last year. 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 forecast that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Brighton Jones LLC bought a new position in Samsara in the 4th quarter valued at approximately $13,464,000. Tidal Investments LLC lifted its position in Samsara by 4.6% during the fourth quarter. Tidal Investments LLC now owns 6,403 shares of the company's stock valued at $280,000 after purchasing an additional 281 shares during the period. Vident Advisory LLC lifted its stake in shares of Samsara by 33.6% in the 4th quarter. Vident Advisory LLC now owns 8,591 shares of the company's stock valued at $375,000 after purchasing an additional 2,162 shares during the period. Toronto Dominion Bank raised its position in shares of Samsara by 10.9% during the 4th quarter. Toronto Dominion Bank now owns 29,435 shares of the company's stock worth $1,286,000 after purchasing an additional 2,899 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Samsara in the 4th quarter worth $1,100,000. Institutional investors and hedge funds own 96.02% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on IOT. Piper Sandler raised their price target on Samsara from $47.00 to $48.00 and gave the stock an "overweight" rating in a research report on Friday, September 5th. Evercore ISI set a $45.00 price target on shares of Samsara in a research report on Wednesday, June 25th. Craig Hallum raised Samsara from a "hold" rating to a "buy" rating and raised their price objective for the company from $42.00 to $48.00 in a research note on Friday, September 5th. Wall Street Zen cut Samsara from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Finally, Royal Bank Of Canada raised their price target on Samsara from $44.00 to $46.00 and gave the stock an "outperform" rating in a report on Friday, September 5th. Eight equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Samsara currently has an average rating of "Moderate Buy" and an average target price of $49.38.

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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