Samsara (NYSE:IOT) Insider Dominic Phillips Sells 8,231 Shares

Samsara Inc. (NYSE:IOT) insider Dominic Phillips sold 8,231 shares of Samsara stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $44.46, for a total transaction of $365,950.26. Following the completion of the sale, the insider owned 666,871 shares of the company’s stock, valued at $29,649,084.66. This trade represents a 1.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Dominic Phillips also recently made the following trade(s):

• On Friday, December 5th, Dominic Phillips sold 18,348 shares of Samsara stock. The stock was sold at an average price of $46.09, for a total transaction of $845,659.32.
• On Monday, November 3rd, Dominic Phillips sold 18,348 shares of Samsara stock. The shares were sold at an average price of $40.39, for a total transaction of $741,075.72.
• On Wednesday, October 1st, Dominic Phillips sold 18,904 shares of Samsara stock. The shares were sold at an average price of $37.83, for a total value of $715,138.32.
• On Monday, September 15th, Dominic Phillips sold 46,253 shares of Samsara stock. The stock was sold at an average price of $39.15, for a total value of $1,810,804.95.

Samsara Price Performance

Samsara stock traded down $1.19 during trading hours on Thursday, hitting $43.83. 5,261,076 shares of the stock traded hands, compared to its average volume of 5,773,693. Samsara Inc. has a 1 year low of $31.40 and a 1 year 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. The firm’s 50 day moving average price is $38.95 and its 200-day moving average price is $38.76.

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

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Samsara in a report on Wednesday, October 8th. Wells Fargo & Company lifted 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. KeyCorp started coverage on Samsara in a research note on Tuesday. They issued an “overweight” rating and a $55.00 target price on the stock. Truist Financial raised 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, Evercore ISI set a $50.00 price target on Samsara and gave the company an “outperform” rating in a report on Wednesday, October 1st. Ten research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Samsara currently has an average rating of “Moderate Buy” and a consensus target price of $51.29.

Institutional Trading of Samsara

A number of institutional investors and hedge funds have recently modified their holdings of IOT. Vanguard Group Inc. increased its stake in Samsara by 6.9% during the 3rd quarter. Vanguard Group Inc. now owns 29,716,700 shares of the company’s stock worth $1,106,947,000 after buying an additional 1,913,474 shares in the last quarter. Sands Capital Management LLC lifted its position in shares of Samsara by 6.4% in the third quarter. Sands Capital Management LLC now owns 20,518,332 shares of the company’s stock valued at $764,308,000 after acquiring an additional 1,242,122 shares in the last quarter. State Street Corp boosted its stake in shares of Samsara by 107.8% in the second quarter. State Street Corp now owns 5,611,956 shares of the company’s stock worth $223,244,000 after acquiring an additional 2,910,916 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Samsara by 65.6% during the second quarter. Geode Capital Management LLC now owns 4,877,254 shares of the company’s stock worth $193,387,000 after purchasing an additional 1,931,870 shares in the last quarter. Finally, Invesco Ltd. raised its stake in Samsara by 20.1% in the 1st quarter. Invesco Ltd. now owns 4,174,153 shares of the company’s stock valued at $159,995,000 after purchasing an additional 697,208 shares during the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

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.