Samsara Inc. (NYSE:IOT) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Samsara Inc. (NYSE:IOT) have been given an average recommendation of “Moderate Buy” by the twenty-one ratings firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, fourteen have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $45.3333.

IOT has been the subject of a number of recent analyst reports. Jefferies Financial Group upgraded shares of Samsara to a “buy” rating in a research report on Thursday, June 11th. Zacks Research cut Samsara from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 5th. Weiss Ratings raised Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a research note on Monday, June 15th. Guggenheim assumed coverage on Samsara in a report on Wednesday. They issued a “buy” rating and a $45.00 price target for the company. Finally, Royal Bank Of Canada lifted their price target on Samsara from $41.00 to $42.00 and gave the company an “outperform” rating in a research note on Friday, June 5th.

Samsara Stock Performance

IOT stock opened at $33.16 on Friday. Samsara has a one year low of $23.38 and a one year high of $47.47. The stock has a market capitalization of $19.32 billion, a PE ratio of 331.58, a price-to-earnings-growth ratio of 7.07 and a beta of 1.35. The company has a fifty day moving average of $33.78 and a 200-day moving average of $31.43.

Samsara (NYSE:IOT) last issued its earnings results on Thursday, June 4th. The company reported $0.17 earnings per share 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 2.00%. The business had revenue of $478.84 million for the quarter, compared to the consensus estimate of $455.21 million. During the same quarter in the previous year, the firm earned $0.11 earnings per share. The business’s quarterly revenue 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. Equities analysts forecast that Samsara will post 0.15 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider John Bicket sold 245,925 shares of the company’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $36.77, for a total transaction of $9,042,662.25. Following the transaction, the insider directly owned 94,000 shares of the company’s stock, valued at $3,456,380. This represents a 72.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sanjit Biswas sold 244,805 shares of the company’s stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $36.77, for a total transaction of $9,001,479.85. Following the transaction, the chief executive officer directly owned 94,000 shares in the company, valued at approximately $3,456,380. This trade represents a 72.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 4,464,637 shares of company stock worth $144,511,167. 35.13% of the stock is owned by corporate insiders.

Institutional Trading of Samsara

A number of institutional investors have recently added to or reduced their stakes in IOT. Lazard Asset Management LLC grew its position in Samsara by 2.0% during the third quarter. Lazard Asset Management LLC now owns 13,971 shares of the company’s stock worth $520,000 after buying an additional 279 shares during the period. Cim LLC lifted its position in shares of Samsara by 1.0% during the 3rd quarter. Cim LLC now owns 32,700 shares of the company’s stock valued at $1,218,000 after acquiring an additional 326 shares during the period. Empowered Funds LLC lifted its position in shares of Samsara by 3.4% during the 1st quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after acquiring an additional 335 shares during the period. IFG Advisory LLC boosted its stake in shares of Samsara by 0.8% during the 4th quarter. IFG Advisory LLC now owns 44,814 shares of the company’s stock worth $1,589,000 after acquiring an additional 372 shares in the last quarter. Finally, Summit Financial LLC boosted its stake in shares of Samsara by 1.4% during the 4th quarter. Summit Financial LLC now owns 29,487 shares of the company’s stock worth $1,045,000 after acquiring an additional 419 shares in the last quarter. Hedge funds and other 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.