Samsara (NYSE:IOT) Insider Sanjit Biswas Sells 10,381 Shares

Samsara Inc. (NYSE:IOT) insider Sanjit Biswas sold 10,381 shares of Samsara stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $30.97, for a total transaction of $321,499.57. Following the transaction, the insider directly owned 1,139,056 shares in the company, valued at $35,276,564.32. This represents a 0.90% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sanjit Biswas also recently made the following trade(s):

• On Wednesday, April 1st, Sanjit Biswas sold 116,576 shares of Samsara stock. The stock was sold at an average price of $31.80, for a total transaction of $3,707,116.80.
• On Tuesday, March 31st, Sanjit Biswas sold 136,943 shares of Samsara stock. The shares were 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 shares were 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 stock was sold at an average price of $32.43, for a total value of $8,558,277.00.
• On Tuesday, January 6th, Sanjit Biswas sold 263,900 shares of Samsara stock. The shares were sold at an average price of $34.40, for a total value of $9,078,160.00.

Samsara Stock Performance

Shares of Samsara stock traded up $0.37 during trading hours on Thursday, hitting $32.21. The company’s stock had a trading volume of 3,901,725 shares, compared to its average volume of 8,431,085. The business has a 50 day moving average price of $29.63 and a two-hundred day moving average price of $35.03. Samsara Inc. has a 12-month low of $23.38 and a 12-month high of $48.40. The company has a market cap of $18.70 billion, a PE ratio of -1,609.45, a PEG ratio of 11.62 and a beta of 1.49.

Samsara (NYSE:IOT) last released its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.05. The firm had revenue of $444.30 million during the quarter, compared to analysts’ expectations of $422.29 million. Samsara had a negative return on equity of 0.72% and a negative net margin of 0.56%.The firm’s revenue was up 28.3% on a year-over-year basis. During the same quarter last year, the business posted $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. As a group, research analysts anticipate that Samsara Inc. will post -0.3 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Wells Fargo & Company lifted their price objective on shares of Samsara from $43.00 to $46.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. BMO Capital Markets upped their target price on shares of Samsara from $40.00 to $44.00 and gave the stock an “outperform” rating in a research report on Friday, March 6th. Royal Bank Of Canada raised their target price on shares of Samsara from $35.00 to $41.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. UBS Group reiterated a “buy” rating and issued a $48.00 price target on shares of Samsara in a report on Friday, March 6th. Finally, Bank of America boosted their price target on shares of Samsara from $53.00 to $55.00 and gave the stock a “buy” rating in a research note on Friday, December 5th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $46.18.

Institutional Trading of Samsara

Large investors have recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. raised its holdings in shares of Samsara by 39.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 16,517 shares of the company’s stock worth $586,000 after acquiring an additional 4,649 shares in the last quarter. World Investment Advisors purchased a new position in shares of Samsara in the fourth quarter valued at $205,000. Corient Private Wealth LLC increased its position in Samsara by 99.7% in the fourth quarter. Corient Private Wealth LLC now owns 39,382 shares of the company’s stock worth $1,396,000 after purchasing an additional 19,659 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its position in Samsara by 2,247.2% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 5,023 shares of the company’s stock worth $178,000 after purchasing an additional 4,809 shares during the last quarter. Finally, Sit Investment Associates Inc. raised its stake in Samsara by 13.2% during the fourth quarter. Sit Investment Associates Inc. now owns 70,320 shares of the company’s stock valued at $2,493,000 after purchasing an additional 8,205 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.

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.