Insider Selling: Samsara (NYSE:IOT) Insider Sells 149,277 Shares of Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 149,277 shares of Samsara stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $38.94, for a total transaction of $5,812,846.38. Following the completion of the transaction, the insider owned 24,000 shares in the company, valued at $934,560. This trade represents a 86.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

John Bicket also recently made the following trade(s):

• On Wednesday, November 5th, John Bicket sold 20,723 shares of Samsara stock. The stock was sold at an average price of $38.52, for a total transaction of $798,249.96.
• On Tuesday, October 21st, John Bicket sold 170,000 shares of Samsara stock. The stock was sold at an average price of $38.66, for a total transaction of $6,572,200.00.
• On Tuesday, October 7th, John Bicket sold 170,000 shares of Samsara stock. The shares were sold at an average price of $38.35, for a total transaction of $6,519,500.00.
• On Wednesday, September 24th, John Bicket sold 36,579 shares of Samsara stock. The shares were sold at an average price of $37.50, for a total transaction of $1,371,712.50.
• On Tuesday, September 23rd, John Bicket sold 133,421 shares of Samsara stock. The shares were sold at an average price of $38.97, for a total transaction of $5,199,416.37.
• On Wednesday, September 3rd, John Bicket sold 40,320 shares of Samsara stock. The shares were sold at an average price of $35.61, for a total transaction of $1,435,795.20.
• On Tuesday, September 2nd, John Bicket sold 129,680 shares of Samsara stock. The stock was sold at an average price of $35.37, for a total transaction of $4,586,781.60.
• On Wednesday, August 20th, John Bicket sold 67,349 shares of Samsara stock. The stock was sold at an average price of $32.64, for a total transaction of $2,198,271.36.
• On Tuesday, August 19th, John Bicket sold 102,651 shares of Samsara stock. The stock was sold at an average price of $33.44, for a total transaction of $3,432,649.44.

Samsara Trading Down 1.7%

Shares of IOT traded down $0.64 on Thursday, reaching $38.11. 4,226,657 shares of the company’s stock were exchanged, compared to its average volume of 4,910,350. Samsara Inc. has a 12 month low of $31.40 and a 12 month high of $61.90. The stock has a market capitalization of $21.86 billion, a P/E ratio of -238.19 and a beta of 1.61. The business has a 50 day moving average price of $38.50 and a two-hundred day moving average price of $39.36.

Samsara (NYSE:IOT) last issued its earnings results on Thursday, September 4th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.07 by $0.05. Samsara had a negative net margin of 6.16% and a negative return on equity of 7.53%. The firm had revenue of $391.48 million during the quarter, compared to the consensus estimate of $372.22 million. During the same quarter in the prior year, the firm earned $0.05 earnings per share. The business’s quarterly revenue was up 30.4% on a year-over-year basis. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. Equities research analysts predict that Samsara Inc. will post -0.3 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Zacks Research downgraded shares of Samsara from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Wall Street Zen cut shares of Samsara from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. BMO Capital Markets dropped their target price on shares of Samsara from $54.00 to $47.00 and set an “outperform” rating for the company in a research report on Friday, September 5th. Royal Bank Of Canada lifted their price target on shares of Samsara from $44.00 to $46.00 and gave the company an “outperform” rating in a report on Friday, September 5th. Finally, Evercore ISI set a $50.00 price target on shares of Samsara and gave the stock an “outperform” rating in a research report on Wednesday, October 1st. Eight investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Samsara presently has an average rating of “Hold” and an average price target of $49.55.

Institutional Trading of Samsara

Several large investors have recently added to or reduced their stakes in IOT. Keystone Financial Group Inc. boosted its position in Samsara by 300.0% during the first quarter. Keystone Financial Group Inc. now owns 600 shares of the company’s stock valued at $25,000 after purchasing an additional 450 shares in the last quarter. Catalyst Capital Advisors LLC acquired a new stake in Samsara during the second quarter worth about $28,000. Versant Capital Management Inc grew its holdings in Samsara by 6,078.6% in the third quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock valued at $32,000 after purchasing an additional 851 shares during the period. CWM LLC boosted its stake in shares of Samsara by 385.3% in the first quarter. CWM LLC now owns 1,053 shares of the company’s stock worth $40,000 after acquiring an additional 836 shares during the last quarter. Finally, AlphaQuest LLC boosted its stake in shares of Samsara by 519.6% in the first quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock worth $40,000 after acquiring an additional 873 shares during the last quarter. Institutional investors own 96.02% of the company’s stock.

About Samsara

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.