Samsara (NYSE:IOT) CAO Benjamin Louis Kirchhoff Sells 2,165 Shares of Company Stock

Samsara Inc. (NYSE:IOT) CAO Benjamin Kirchhoff sold 2,165 shares of the firm’s stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $40.40, for a total value of $87,466.00. Following the sale, the chief accounting officer directly owned 148,921 shares of the company’s stock, valued at $6,016,408.40. The trade was a 1.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Benjamin Louis Kirchhoff also recently made the following trade(s):

• On Friday, September 18th, Benjamin Kirchhoff sold 770 shares of Samsara stock. The shares were sold at an average price of $40.42, for a total transaction of $31,123.40.
• On Tuesday, September 15th, Benjamin Kirchhoff sold 2,165 shares of Samsara stock. The shares were sold at an average price of $42.55, for a total transaction of $92,120.75.
• On Monday, July 20th, Benjamin Kirchhoff sold 960 shares of Samsara stock. The stock was sold at an average price of $37.70, for a total transaction of $36,192.00.

Samsara Stock Down 7.2%

IOT stock traded down $3.05 during mid-day trading on Friday, hitting $39.54. 5,331,951 shares of the company were exchanged, compared to its average volume of 4,794,058. The firm has a market capitalization of $23.15 billion, a P/E ratio of 247.12, a PEG ratio of 10.46 and a beta of 1.35. The business has a fifty day simple moving average of $39.95 and a 200-day simple moving average of $35.26. Samsara Inc. has a 12-month low of $23.38 and a 12-month high of $47.47.

Samsara (NYSE:IOT) last announced its quarterly earnings results on Thursday, September 3rd. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.04. The business had revenue of $508.44 million during the quarter, compared to analysts’ expectations of $483.29 million. Samsara had a net margin of 4.90% and a return on equity of 4.13%. The business’s revenue for the quarter was up 29.9% on a year-over-year basis. During the same period last year, the business earned $0.12 earnings per share. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. Research analysts predict that Samsara Inc. will post 0.13 EPS for the current year.

Key Stories Impacting Samsara

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Tracking Label recognition: Samsara’s disposable Bluetooth Tracking Label was named to TIME’s Best Inventions of 2026 in the Logistics category. The award supports the company’s product innovation narrative and highlights expansion of its Connected Operations platform into shipment visibility. Samsara Tracking Label Named to TIME’s Best Inventions of 2026
• Neutral Sentiment: Unusually high call-option activity: Traders purchased 22,155 call options, roughly three times the average daily volume. This indicates elevated speculative interest and possible bullish positioning, although options activity does not necessarily translate into sustained buying of the shares.
• Neutral Sentiment: Underlying fundamentals remain constructive: Samsara’s latest quarterly results exceeded estimates, with revenue of $508.4 million, up 29.9% year over year, and EPS of $0.20 versus the $0.16 consensus. Recent company commentary also pointed to continued AI and product adoption, rather than an operational setback.
• Negative Sentiment: Large insider sales pressured sentiment: CEO and co-founder Sanjit Biswas and co-founder John Bicket each sold approximately 263,900 shares during October 13–15, worth about $11 million apiece. The transactions were executed under pre-arranged Rule 10b5-1 plans, which reduces their signaling value, but the size and concentration of the sales can still concern investors. SEC insider trading filing
• Negative Sentiment: Market and valuation pressure: A weaker Nasdaq and risk reduction across technology stocks created a difficult backdrop for high-growth software companies. With Samsara trading at a very elevated earnings multiple after rallying toward its 52-week high, investors appear more willing to lock in gains and reassess valuation.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in IOT. Wellington Management Group LLP increased its stake in Samsara by 9.6% during the 2nd quarter. Wellington Management Group LLP now owns 9,327,606 shares of the company’s stock worth $302,494,000 after buying an additional 813,922 shares during the period. Bamco Inc. NY lifted its holdings in Samsara by 21.9% during the 4th quarter. Bamco Inc. NY now owns 4,120,031 shares of the company’s stock worth $146,055,000 after buying an additional 741,200 shares in the last quarter. Spyglass Capital Management LLC lifted its holdings in Samsara by 4.7% during the 2nd quarter. Spyglass Capital Management LLC now owns 3,085,655 shares of the company’s stock worth $100,068,000 after buying an additional 139,009 shares in the last quarter. Bank of America Corp DE lifted its holdings in Samsara by 41.5% during the 1st quarter. Bank of America Corp DE now owns 2,710,202 shares of the company’s stock worth $85,886,000 after buying an additional 794,255 shares in the last quarter. Finally, Bessemer Group Inc. boosted its position in Samsara by 3.3% in the 1st quarter. Bessemer Group Inc. now owns 1,675,509 shares of the company’s stock valued at $53,097,000 after buying an additional 53,576 shares during the period. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on IOT shares. Morgan Stanley boosted their target price on Samsara from $43.00 to $49.00 and gave the company an “equal weight” rating in a research report on Friday, September 4th. JPMorgan Chase & Co. raised their price target on Samsara from $48.00 to $52.00 and gave the stock a “neutral” rating in a research report on Friday, September 4th. Jefferies Financial Group assumed coverage on Samsara in a research report on Sunday, October 4th. They set a “buy” rating and a $50.00 price target for the company. TD Cowen lifted their price objective on Samsara from $48.00 to $53.00 and gave the company a “buy” rating in a research note on Friday, September 4th. Finally, BTIG Research boosted their price objective on Samsara from $45.00 to $54.00 and gave the company a “buy” rating in a report on Friday, September 4th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $51.68.

Samsara Company Profile

Samsara Inc is a technology company that provides connected operations solutions for organizations with physical operations. Its platform combines Internet of Things (IoT) hardware, cloud-based software and data analytics to help businesses monitor vehicles, equipment, worksites and mobile workforces.

The Samsara Connected Operations Cloud includes vehicle telematics, GPS tracking, video-based safety, routing and dispatch tools, equipment monitoring, workforce and workflow management, and compliance solutions.