Samsara (NYSE:IOT) Insider Sanjit Biswas Sells 72,958 Shares

Samsara Inc. (NYSE:IOT) insider Sanjit Biswas sold 72,958 shares of the firm’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $28.49, for a total value of $2,078,573.42. Following the sale, the insider directly owned 723,056 shares of the company’s stock, valued at $20,599,865.44. This trade represents a 9.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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 29th, Sanjit Biswas sold 87,067 shares of Samsara stock. The stock was sold at an average price of $29.05, for a total value of $2,529,296.35.
• On Tuesday, April 28th, Sanjit Biswas sold 103,875 shares of Samsara stock. The stock was sold at an average price of $29.50, for a total value of $3,064,312.50.
• On Wednesday, April 15th, Sanjit Biswas sold 96,562 shares of Samsara stock. The stock was sold at an average price of $27.98, for a total value of $2,701,804.76.
• On Tuesday, April 14th, Sanjit Biswas sold 167,338 shares of Samsara stock. The stock was sold at an average price of $26.60, for a total value of $4,451,190.80.
• On Thursday, April 2nd, Sanjit Biswas sold 10,381 shares of Samsara stock. The stock was sold at an average price of $30.97, for a total value of $321,499.57.
• 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 value of $3,707,116.80.
• On Tuesday, March 31st, Sanjit Biswas sold 136,943 shares of Samsara stock. The stock was sold at an average price of $31.44, for a total value 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 value 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 value of $5,241,560.39.
• On Tuesday, February 3rd, Sanjit Biswas sold 55,819 shares of Samsara stock. The shares were sold at an average price of $25.23, for a total value of $1,408,313.37.

Samsara Stock Performance

Shares of NYSE IOT traded down $0.65 during mid-day trading on Thursday, reaching $28.72. 8,556,337 shares of the company traded hands, compared to its average volume of 5,651,108. The company’s fifty day moving average is $30.33 and its two-hundred day moving average is $33.74. Samsara Inc. has a fifty-two week low of $23.38 and a fifty-two week high of $48.40.

Samsara (NYSE:IOT) last issued its quarterly earnings data on Thursday, March 5th. The company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.05. The business had revenue of $444.30 million for the quarter, compared to analyst estimates 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 for the quarter was up 28.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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. As a group, equities research analysts expect that Samsara Inc. will post 0.06 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on IOT shares. TD Cowen reissued a “buy” rating on shares of Samsara in a report on Monday, March 2nd. Truist Financial lowered their price objective on Samsara from $39.00 to $30.00 and set a “hold” rating on the stock in a report on Tuesday, February 17th. Evercore reaffirmed an “outperform” rating on shares of Samsara in a report on Friday, March 6th. Royal Bank Of Canada raised their target price on Samsara from $35.00 to $41.00 and gave the company an “outperform” rating in a report on Friday, March 6th. Finally, KeyCorp raised their target price on Samsara from $40.00 to $41.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $46.18.

Institutional Trading of Samsara

Hedge funds have recently modified their holdings of the company. Acumen Wealth Advisors LLC bought a new position in shares of Samsara during the 4th quarter worth approximately $28,000. Versant Capital Management Inc lifted its position in shares of Samsara by 6,078.6% during the 3rd quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock worth $32,000 after buying an additional 851 shares during the period. Caitong International Asset Management Co. Ltd lifted its position in shares of Samsara by 312.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock worth $31,000 after buying an additional 669 shares during the period. AlphaCentric Advisors LLC bought a new position in shares of Samsara during the 4th quarter worth approximately $36,000. Finally, Optiver Holding B.V. lifted its position in shares of Samsara by 953.2% during the 3rd quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock worth $44,000 after buying an additional 1,058 shares during the period. 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.