Samsara (NYSE:IOT) Insider Sells $798,249.96 in Stock

Samsara Inc. (NYSE:IOT) insider John Bicket sold 20,723 shares of the firm’s stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $38.52, for a total transaction of $798,249.96. Following the transaction, the insider directly owned 492,173 shares in the company, valued at $18,958,503.96. The trade was a 4.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Tuesday, November 4th, John Bicket sold 149,277 shares of Samsara stock. The stock was sold at an average price of $38.94, for a total transaction of $5,812,846.38.
• On Tuesday, October 21st, John Bicket sold 170,000 shares of Samsara stock. The shares were 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 shares were 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 shares were 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 Stock Performance

IOT stock traded down $0.64 during trading on Thursday, reaching $38.11. 4,226,657 shares of the company were exchanged, compared to its average volume of 4,910,350. The company has a market cap of $21.86 billion, a P/E ratio of -238.19 and a beta of 1.61. Samsara Inc. has a 52-week low of $31.40 and a 52-week high of $61.90. The stock’s 50 day moving average price is $38.50 and its 200 day moving average price is $39.36.

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

Institutional Investors Weigh In On Samsara

A number of institutional investors have recently bought and sold shares of the stock. Baillie Gifford & Co. grew its holdings in Samsara by 7.1% in the first quarter. Baillie Gifford & Co. now owns 35,277,488 shares of the company’s stock valued at $1,352,186,000 after purchasing an additional 2,348,101 shares during the period. Vanguard Group Inc. grew its holdings in Samsara by 18.3% in the second quarter. Vanguard Group Inc. now owns 27,803,226 shares of the company’s stock valued at $1,106,012,000 after purchasing an additional 4,307,755 shares during the period. Sands Capital Management LLC grew its holdings in Samsara by 17.2% in the second quarter. Sands Capital Management LLC now owns 19,276,210 shares of the company’s stock valued at $766,808,000 after purchasing an additional 2,833,049 shares during the period. Jennison Associates LLC grew its holdings in Samsara by 1,881.8% in the first quarter. Jennison Associates LLC now owns 11,763,133 shares of the company’s stock valued at $450,881,000 after purchasing an additional 11,169,571 shares during the period. Finally, State Street Corp grew its holdings in Samsara by 107.8% in the second quarter. State Street Corp now owns 5,611,956 shares of the company’s stock valued at $223,244,000 after purchasing an additional 2,910,916 shares during the period. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on IOT shares. Royal Bank Of Canada lifted their target price on shares of Samsara from $44.00 to $46.00 and gave the stock an “outperform” rating in a research report on Friday, September 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Samsara in a research report on Wednesday, October 8th. Truist Financial boosted their price objective on shares of Samsara from $35.00 to $39.00 and gave the company a “hold” rating in a research report on Friday, September 5th. Evercore ISI set a $50.00 price objective on shares of Samsara and gave the company an “outperform” rating in a research report on Wednesday, October 1st. Finally, Morgan Stanley boosted their price objective on shares of Samsara from $50.00 to $53.00 and gave the company an “equal weight” rating in a research report on Monday, September 8th. Eight investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $49.55.

Samsara Company Profile

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.