Samsara (NYSE:IOT) Insider Dominic Phillips Sells 17,808 Shares

Samsara Inc. (NYSE:IOT) insider Dominic Phillips sold 17,808 shares of the stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $30.00, for a total transaction of $534,240.00. Following the completion of the sale, the insider owned 573,114 shares of the company’s stock, valued at approximately $17,193,420. The trade was a 3.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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

• On Friday, January 2nd, Dominic Phillips sold 18,348 shares of Samsara stock. The shares were sold at an average price of $34.24, for a total value of $628,235.52.
• On Monday, December 15th, Dominic Phillips sold 48,116 shares of Samsara stock. The shares were sold at an average price of $40.72, for a total value of $1,959,283.52.
• On Wednesday, December 10th, Dominic Phillips sold 8,231 shares of Samsara stock. The stock was sold at an average price of $44.46, for a total value of $365,950.26.

Samsara Stock Down 3.7%

Samsara stock traded down $1.31 on Monday, hitting $34.06. The company’s stock had a trading volume of 15,505,206 shares, compared to its average volume of 9,241,527. Samsara Inc. has a one year low of $23.38 and a one year high of $48.40. The firm has a market cap of $19.65 billion, a P/E ratio of -1,701.90 and a beta of 1.60. The company has a fifty day moving average price of $30.37 and a 200-day moving average price of $35.58.

Samsara (NYSE:IOT) last released its quarterly earnings data on Thursday, March 5th. The company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.05. The company had revenue of $444.30 million during the quarter, compared to the consensus estimate of $422.29 million. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.75%. The firm’s revenue for the quarter was up 28.3% compared to the same quarter last year. During the same period last year, the firm earned $0.11 EPS. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. Analysts anticipate that Samsara Inc. will post -0.3 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms recently commented on IOT. Zacks Research downgraded Samsara from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Bank of America lifted their price objective on Samsara from $53.00 to $55.00 and gave the company a “buy” rating in a report on Friday, December 5th. BTIG Research dropped their target price on shares of Samsara from $55.00 to $45.00 and set a “buy” rating for the company in a research report on Friday. Royal Bank Of Canada boosted their price target on shares of Samsara from $35.00 to $41.00 and gave the company an “outperform” rating in a research report on Friday. Finally, Evercore reaffirmed an “outperform” rating on shares of Samsara in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $46.18.

Hedge Funds Weigh In On Samsara

A number of large investors have recently modified their holdings of IOT. Acumen Wealth Advisors LLC acquired a new stake in shares of Samsara in the fourth quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd increased its stake in shares of Samsara by 312.6% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock valued at $31,000 after buying an additional 669 shares during the period. Versant Capital Management Inc lifted its stake in shares of Samsara by 6,078.6% during the third quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock valued at $32,000 after acquiring an additional 851 shares during the period. AlphaCentric Advisors LLC bought a new position in Samsara in the fourth quarter valued at about $36,000. Finally, Optiver Holding B.V. increased its position in Samsara by 953.2% in the third quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock worth $44,000 after purchasing an additional 1,058 shares during the period. 96.02% of the stock is currently owned by institutional investors and hedge funds.

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.