Dominic Phillips Sells 19,547 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOT) insider Dominic Phillips sold 19,547 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $35.39, for a total transaction of $691,768.33. Following the transaction, the insider directly owned 929,575 shares of the company’s stock, valued at $32,897,659.25. This trade represents a 2.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, May 1st, Dominic Phillips sold 19,547 shares of Samsara stock. The shares were sold at an average price of $30.00, for a total transaction of $586,410.00.
• On Wednesday, April 1st, Dominic Phillips sold 20,139 shares of Samsara stock. The shares were sold at an average price of $31.81, for a total transaction of $640,621.59.

Samsara Stock Performance

Shares of IOT traded down $0.46 during midday trading on Tuesday, hitting $33.60. 6,733,893 shares of the company traded hands, compared to its average volume of 7,526,531. The firm has a 50 day moving average of $30.70 and a 200-day moving average of $32.41. Samsara Inc. has a 52 week low of $23.38 and a 52 week high of $47.47. The stock has a market cap of $19.51 billion, a price-to-earnings ratio of 336.00, a PEG ratio of 10.35 and a beta of 1.34.

Samsara (NYSE:IOT) last released its quarterly earnings data on Thursday, June 4th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.13 by $0.04. Samsara had a net margin of 3.32% and a return on equity of 2.07%. The business had revenue of $478.84 million during the quarter, compared to the consensus estimate of $455.21 million. During the same quarter in the prior year, the firm earned $0.11 EPS. The business’s revenue was up 30.5% on a year-over-year basis. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. Sell-side analysts predict that Samsara Inc. will post 0.08 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Samsara

Several large investors have recently added to or reduced their stakes in the stock. Baillie Gifford & Co. raised its position in Samsara by 15.0% in the 4th quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock worth $1,689,565,000 after purchasing an additional 6,208,553 shares during the period. Vanguard Group Inc. raised its position in Samsara by 11.5% in the 4th quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock worth $1,174,620,000 after purchasing an additional 3,417,849 shares during the period. Sands Capital Management LLC raised its position in Samsara by 6.4% in the 3rd quarter. Sands Capital Management LLC now owns 20,518,332 shares of the company’s stock worth $764,308,000 after purchasing an additional 1,242,122 shares during the period. Goldman Sachs Group Inc. raised its position in Samsara by 58.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock worth $421,079,000 after purchasing an additional 4,401,082 shares during the period. Finally, Brown Advisory Inc. raised its position in Samsara by 42.1% in the 4th quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock worth $397,536,000 after purchasing an additional 3,322,023 shares during the period. 96.02% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

IOT has been the subject of several research reports. Truist Financial dropped their price objective on shares of Samsara from $39.00 to $30.00 and set a “hold” rating for the company in a report on Tuesday, February 17th. BTIG Research restated a “buy” rating and set a $45.00 target price on shares of Samsara in a research report on Friday. TD Cowen reissued a “buy” rating on shares of Samsara in a research note on Friday, May 22nd. UBS Group reissued a “buy” rating and set a $48.00 price objective on shares of Samsara in a research note on Friday, March 6th. Finally, Weiss Ratings raised Samsara from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $46.53.

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.