Dominic Phillips Sells 48,116 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOT) insider Dominic Phillips sold 48,116 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $40.72, for a total value of $1,959,283.52. Following the transaction, the insider directly owned 573,114 shares in the company, valued at approximately $23,337,202.08. This trade represents a 7.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• On Wednesday, December 10th, Dominic Phillips sold 8,231 shares of Samsara stock. The shares were sold at an average price of $44.46, for a total value of $365,950.26.
• 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 value 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 stock was sold at an average price of $37.83, for a total transaction of $715,138.32.

Samsara Price Performance

Shares of NYSE IOT traded down $0.72 during mid-day trading on Tuesday, reaching $38.95. 6,128,747 shares of the company’s stock traded hands, compared to its average volume of 5,024,713. Samsara Inc. has a 1-year low of $31.40 and a 1-year high of $61.90. The stock has a market cap of $22.34 billion, a P/E ratio of -486.88 and a beta of 1.61. The business has a 50-day simple moving average of $38.99 and a 200 day simple moving average of $38.58.

Samsara (NYSE:IOT) last announced its quarterly earnings results on Thursday, December 4th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.11). The business had revenue of $415.98 million during the quarter, compared to the consensus estimate of $398.92 million. Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. Samsara’s 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. Equities research analysts anticipate that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of IOT. Catalyst Capital Advisors LLC purchased a new stake in shares of Samsara during the second quarter worth $28,000. Versant Capital Management Inc raised its stake in shares of 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 purchasing an additional 851 shares during the period. AlphaQuest LLC lifted its holdings in Samsara by 519.6% during the 1st quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock worth $40,000 after purchasing an additional 873 shares in the last quarter. Family Legacy Financial Solutions LLC purchased a new stake in Samsara during the 2nd quarter worth about $40,000. Finally, Whipplewood Advisors LLC grew its holdings in Samsara by 349.8% during the 2nd quarter. Whipplewood Advisors LLC now owns 1,093 shares of the company’s stock valued at $43,000 after buying an additional 850 shares in the last quarter. 96.02% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. BMO Capital Markets upped their target price on shares of Samsara from $47.00 to $50.00 and gave the stock an “outperform” rating in a research note on Friday, December 5th. KeyCorp started coverage on shares of Samsara in a report on Tuesday, December 9th. They set an “overweight” rating and a $55.00 price target on the stock. Piper Sandler increased their price objective on shares of Samsara from $48.00 to $49.00 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. Finally, BTIG Research began coverage on Samsara in a report on Tuesday. They issued a “buy” rating and a $55.00 target price for the company. Eleven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Samsara presently has an average rating of “Moderate Buy” and a consensus target price of $51.53.

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.