Sanjit Biswas Sells 94,020 Shares of Samsara Inc. (NYSE:IOT) Stock

Posted by Andrew Walz on Mar 29th, 2025

Samsara Inc. (NYSE:IOT – Get Free Report) insider Sanjit Biswas sold 94,020 shares of the company’s stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $42.68, for a total transaction of $4,012,773.60. Following the completion of the sale, the insider now directly owns 114,000 shares of the company’s stock, valued at $4,865,520. The trade was a 45.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Sanjit Biswas also recently made the following trade(s):

On Tuesday, March 4th, Sanjit Biswas sold 145,392 shares of Samsara stock. The shares were sold at an average price of $44.27, for a total value of $6,436,503.84.
On Tuesday, February 25th, Sanjit Biswas sold 118,589 shares of Samsara stock. The shares were sold at an average price of $49.15, for a total value of $5,828,649.35.
On Thursday, February 13th, Sanjit Biswas sold 13,086 shares of Samsara stock. The shares were sold at an average price of $55.75, for a total transaction of $729,544.50.
On Tuesday, February 11th, Sanjit Biswas sold 85,291 shares of Samsara stock. The shares were sold at an average price of $55.30, for a total value of $4,716,592.30.
On Tuesday, January 21st, Sanjit Biswas sold 73,762 shares of Samsara stock. The shares were sold at an average price of $47.08, for a total transaction of $3,472,714.96.
On Friday, January 17th, Sanjit Biswas sold 72,077 shares of Samsara stock. The stock was sold at an average price of $46.40, for a total value of $3,344,372.80.
On Wednesday, January 15th, Sanjit Biswas sold 170,416 shares of Samsara stock. The shares were sold at an average price of $45.30, for a total value of $7,719,844.80.
On Monday, January 13th, Sanjit Biswas sold 56,474 shares of Samsara stock. The stock was sold at an average price of $43.33, for a total value of $2,447,018.42.
On Friday, January 10th, Sanjit Biswas sold 81,163 shares of Samsara stock. The stock was sold at an average price of $43.39, for a total transaction of $3,521,662.57.
On Wednesday, January 8th, Sanjit Biswas sold 85,063 shares of Samsara stock. The shares were sold at an average price of $43.84, for a total transaction of $3,729,161.92.

Samsara Trading Down 4.4 %

Shares of NYSE IOT opened at $38.87 on Friday. The stock has a fifty day moving average price of $47.39 and a 200 day moving average price of $48.03. The company has a market cap of $21.81 billion, a P/E ratio of -82.71 and a beta of 1.63. Samsara Inc. has a 12-month low of $27.14 and a 12-month high of $61.90.

Institutional Investors Weigh In On Samsara

A number of large investors have recently modified their holdings of IOT. NewEdge Advisors LLC boosted its holdings in Samsara by 262.0% in the 4th quarter. NewEdge Advisors LLC now owns 572 shares of the company’s stock worth $25,000 after acquiring an additional 414 shares during the period. Jones Financial Companies Lllp acquired a new position in shares of Samsara during the fourth quarter worth $31,000. Hobbs Group Advisors LLC acquired a new position in shares of Samsara during the third quarter worth $34,000. IFP Advisors Inc grew its holdings in Samsara by 290.3% during the 4th quarter. IFP Advisors Inc now owns 804 shares of the company’s stock valued at $35,000 after purchasing an additional 598 shares in the last quarter. Finally, Fourth Dimension Wealth LLC acquired a new stake in Samsara during the 4th quarter valued at $38,000. Institutional investors and hedge funds own 96.02% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Piper Sandler upgraded Samsara from a “neutral” rating to an “overweight” rating and set a $50.00 target price on the stock in a report on Monday, March 10th. Truist Financial cut their target price on shares of Samsara from $50.00 to $42.00 and set a “hold” rating for the company in a research note on Friday, March 7th. Wells Fargo & Company lowered their price target on shares of Samsara from $55.00 to $51.00 and set an “overweight” rating for the company in a report on Friday, March 7th. BMO Capital Markets raised shares of Samsara from a “market perform” rating to an “outperform” rating and set a $48.00 price objective on the stock in a research note on Monday, March 10th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Samsara from $40.00 to $44.00 and gave the stock a “neutral” rating in a research note on Friday, December 6th. Nine investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $49.60.

Read Our Latest Analysis on Samsara

Samsara Company Profile

(Get Free Report)

Samsara Inc provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.