Samsara (NYSE:IOT) CAO Benjamin Louis Kirchhoff Sells 1,609 Shares

Samsara Inc. (NYSE:IOT) CAO Benjamin Louis Kirchhoff sold 1,609 shares of Samsara stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $44.44, for a total value of $71,503.96. Following the sale, the chief accounting officer directly owned 98,976 shares in the company, valued at approximately $4,398,493.44. The trade was a 1.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Benjamin Louis Kirchhoff also recently made the following trade(s):

• On Monday, September 29th, Benjamin Louis Kirchhoff sold 4,933 shares of Samsara stock. The shares were sold at an average price of $37.47, for a total value of $184,839.51.

Samsara Trading Down 2.6%

IOT stock traded down $1.19 during midday trading on Thursday, hitting $43.83. 5,261,076 shares of the company’s stock were exchanged, compared to its average volume of 5,773,693. The firm has a 50 day moving average price of $38.95 and a 200-day moving average price of $38.76. Samsara Inc. has a 12-month low of $31.40 and a 12-month high of $61.90. The stock has a market capitalization of $25.14 billion, a price-to-earnings ratio of -547.88 and a beta of 1.61.

Samsara (NYSE:IOT) last released its quarterly earnings results on Thursday, December 4th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.11). The company had revenue of $415.98 million for the quarter, compared to analyst estimates of $398.92 million. Samsara had a negative return on equity of 3.49% and a negative net margin of 2.79%.The firm’s quarterly revenue was up 29.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.07 EPS. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. On average, sell-side analysts forecast that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have issued reports on IOT. Wells Fargo & Company upped their price objective on Samsara from $50.00 to $52.00 and gave the company an “overweight” rating in a research note on Friday, December 5th. Cowen reissued a “buy” rating on shares of Samsara in a research report on Friday, December 5th. Morgan Stanley raised their price objective on Samsara from $50.00 to $53.00 and gave the stock an “equal weight” rating in a research note on Monday, September 8th. BMO Capital Markets boosted their target price on shares of Samsara from $47.00 to $50.00 and gave the company an “outperform” rating in a research note on Friday, December 5th. Finally, Jefferies Financial Group set a $57.00 target price on shares of Samsara in a report on Wednesday. Ten analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $51.29.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Catalyst Capital Advisors LLC acquired a new position in shares of Samsara during the second quarter valued at $28,000. Versant Capital Management Inc increased its stake in Samsara by 6,078.6% during the 3rd quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock valued at $32,000 after buying an additional 851 shares during the period. Family Legacy Financial Solutions LLC acquired a new position in Samsara during the 2nd quarter valued at about $40,000. AlphaQuest LLC raised its position in shares of Samsara by 519.6% during the 1st quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock worth $40,000 after buying an additional 873 shares in the last quarter. Finally, Whipplewood Advisors LLC lifted its stake in shares of Samsara by 349.8% in the 2nd quarter. Whipplewood Advisors LLC now owns 1,093 shares of the company’s stock worth $43,000 after acquiring an additional 850 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

Samsara Company Profile

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.