Sanjit Biswas Sells 96,562 Shares of Samsara (NYSE:IOT) Stock

Key Points

• Sanjit Biswas sold 96,562 shares of Samsara on April 15 at an average price of $27.98 for about $2.70M, leaving him with 158,200 shares — a 37.9% reduction in his holding — and the trade was executed under a pre‑arranged Rule 10b5‑1 plan.
• Biswas has repeatedly liquidated large blocks of Samsara stock since January, totaling roughly $37.5 million in disclosed sales across January–April, signaling substantial insider selling activity.
• Samsara shares traded up 2.4% to $29.53 on the day, and analysts collectively rate the stock a consensus "Moderate Buy" with an average price target of $46.18 after a Q1 revenue beat and 28.3% year‑over‑year revenue growth.

Samsara Inc. (NYSE:IOT - Get Free Report) insider Sanjit Biswas sold 96,562 shares of Samsara stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $27.98, for a total transaction of $2,701,804.76. Following the sale, the insider directly owned 158,200 shares of the company's stock, valued at $4,426,436. This represents a 37.90% decrease in their position. The transaction was disclosed in a filing with the SEC, 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 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 value 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 value of $321,499.57.
• On Wednesday, April 1st, Sanjit Biswas sold 116,576 shares of Samsara stock. The shares were sold at an average price of $31.80, for a total value of $3,707,116.80.
• On Tuesday, March 31st, Sanjit Biswas sold 136,943 shares of Samsara stock. The stock was sold at an average price of $31.44, for a total transaction of $4,305,487.92.
• On Tuesday, February 17th, Sanjit Biswas sold 263,900 shares of Samsara stock. The stock was sold at an average price of $25.87, for a total transaction of $6,827,093.00.
• On Wednesday, February 4th, Sanjit Biswas sold 208,081 shares of Samsara stock. The shares were sold at an average price of $25.19, for a total transaction of $5,241,560.39.
• On Tuesday, February 3rd, Sanjit Biswas sold 55,819 shares of Samsara stock. The stock was sold at an average price of $25.23, for a total transaction of $1,408,313.37.
• On Tuesday, January 20th, Sanjit Biswas 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 Stock Up 2.4%

IOT stock traded up $0.68 during trading on Thursday, hitting $29.53. 9,737,465 shares of the company's stock traded hands, compared to its average volume of 8,257,559. The firm has a market capitalization of $17.15 billion, a P/E ratio of -1,475.76, a PEG ratio of 9.72 and a beta of 1.50. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $48.40. The business has a fifty day simple moving average of $29.63 and a two-hundred day simple moving average of $34.33.

Samsara (NYSE:IOT - Get Free Report) last posted its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.05. The company had revenue of $444.30 million during the quarter, compared to analyst estimates of $422.29 million. Samsara had a negative return on equity of 0.72% and a negative net margin of 0.56%.Samsara's revenue was up 28.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $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. On average, equities research analysts predict that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. UBS Group reiterated a "buy" rating and issued a $48.00 target price on shares of Samsara in a research note on Friday, March 6th. The Goldman Sachs Group set a $45.00 price target on shares of Samsara in a report on Monday, March 2nd. KeyCorp lifted their price objective on shares of Samsara from $40.00 to $41.00 and gave the stock an "overweight" rating in a research report on Friday, March 6th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Samsara in a research note on Thursday, January 22nd. Finally, TD Cowen restated a "buy" rating on shares of Samsara in a research note on Monday, March 2nd. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, Samsara presently has an average rating of "Moderate Buy" and an average price target of $46.18.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Pinegrove Venture Partners LLC grew its stake in shares of Samsara by 46.0% during the third quarter. Pinegrove Venture Partners LLC now owns 556,582 shares of the company's stock worth $20,733,000 after acquiring an additional 175,411 shares during the last quarter. Lazard Freres Gestion S.A.S. purchased a new position in shares of Samsara in the 3rd quarter valued at approximately $2,235,000. Bessemer Group Inc. boosted its stake in Samsara by 19.8% in the 3rd quarter. Bessemer Group Inc. now owns 1,728,322 shares of the company's stock worth $64,379,000 after purchasing an additional 286,193 shares in the last quarter. LBP AM SA boosted its stake in Samsara by 13.9% in the 3rd quarter. LBP AM SA now owns 313,987 shares of the company's stock worth $11,696,000 after purchasing an additional 38,235 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S grew its position in Samsara by 227.0% during the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 65,122 shares of the company's stock worth $2,426,000 after purchasing an additional 45,204 shares during the last quarter. 96.02% of the stock is owned by institutional investors and hedge funds.

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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