Samsara (NYSE:IOT) Insider Sells $51,986.94 in Stock

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 1,614 shares of the business’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $32.21, for a total value of $51,986.94. Following the completion of the sale, the insider directly owned 425,080 shares in the company, valued at approximately $13,691,826.80. This represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Adam Eltoukhy also recently made the following trade(s):

• On Wednesday, May 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The stock was sold at an average price of $30.21, for a total value of $165,339.33.
• On Monday, April 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The shares were sold at an average price of $30.68, for a total value of $167,911.64.

Samsara Trading Up 0.7%

NYSE:IOT traded up $0.22 during trading hours on Tuesday, reaching $31.36. 6,311,891 shares of the company traded hands, compared to its average volume of 7,432,027. The business’s 50-day moving average price is $31.05 and its two-hundred day moving average price is $32.09. The stock has a market capitalization of $18.27 billion, a P/E ratio of 313.63, a P/E/G ratio of 7.40 and a beta of 1.34. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $47.47.

Samsara (NYSE:IOT) last released its earnings results on Thursday, June 4th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.13 by $0.04. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The business had revenue of $478.84 million for the quarter, compared to the consensus estimate of $455.21 million. During the same period in the previous year, the company posted $0.11 earnings per share. The company’s revenue for the quarter was up 30.5% compared to the same quarter last year. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. As a group, equities analysts anticipate that Samsara Inc. will post 0.15 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts recently commented on IOT shares. KeyCorp increased their price objective on shares of Samsara from $40.00 to $41.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. TD Cowen reaffirmed a “buy” rating on shares of Samsara in a report on Friday, May 22nd. Wolfe Research reiterated an “outperform” rating on shares of Samsara in a research note on Thursday, June 11th. The Goldman Sachs Group set a $45.00 price target on shares of Samsara in a report on Monday, March 2nd. Finally, Piper Sandler reissued an “overweight” rating and set a $40.00 price target (up from $39.00) on shares of Samsara in a research report on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $46.53.

Institutional Investors Weigh In On Samsara

Large investors have recently bought and sold shares of the business. Brighton Jones LLC bought a new position in Samsara during the 4th quarter valued at about $13,464,000. Royal Bank of Canada grew its stake in shares of Samsara by 100.3% in the first quarter. Royal Bank of Canada now owns 96,142 shares of the company’s stock worth $3,686,000 after acquiring an additional 48,135 shares during the period. Jones Financial Companies Lllp grew its stake in shares of Samsara by 2,444.6% in the first quarter. Jones Financial Companies Lllp now owns 17,787 shares of the company’s stock worth $682,000 after acquiring an additional 17,088 shares during the period. Empowered Funds LLC raised its holdings in shares of Samsara by 3.4% during the first quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after purchasing an additional 335 shares during the last quarter. Finally, Marshall Wace LLP raised its holdings in shares of Samsara by 142.4% during the second quarter. Marshall Wace LLP now owns 68,860 shares of the company’s stock valued at $2,739,000 after purchasing an additional 40,450 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors.

Samsara Company Profile

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.