Samsara (NYSE:IOT) Stock Price Down 9.2% Following Insider Selling

Samsara Inc. (NYSE:IOT) was down 9.2% during mid-day trading on Monday after an insider sold shares in the company. The company traded as low as $24.35 and last traded at $24.3310. Approximately 2,731,049 shares traded hands during mid-day trading, a decline of 68% from the average daily volume of 8,435,203 shares. The stock had previously closed at $26.79.

Specifically, insider Adam Eltoukhy sold 4,688 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $26.79, for a total value of $125,591.52. Following the completion of the transaction, the insider owned 246,675 shares of the company’s stock, valued at approximately $6,608,423.25. The trade was a 1.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider John Bicket sold 263,900 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $25.87, for a total transaction of $6,827,093.00. Following the sale, the insider directly owned 57,600 shares in the company, valued at $1,490,112. This represents a 82.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In other news, insider Sanjit Biswas sold 263,900 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $25.87, for a total value of $6,827,093.00. Following the completion of the transaction, the insider owned 57,600 shares of the company’s stock, valued at $1,490,112. The trade was a 82.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on IOT. The Goldman Sachs Group assumed coverage on shares of Samsara in a research report on Wednesday, February 11th. They set a “buy” rating and a $36.00 target price on the stock. JPMorgan Chase & Co. increased their price target on Samsara from $46.00 to $48.00 and gave the stock a “neutral” rating in a research note on Friday, December 5th. BTIG Research initiated coverage on Samsara in a research report on Tuesday, December 16th. They issued a “buy” rating and a $55.00 price objective for the company. Bank of America upped their target price on Samsara from $53.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, December 5th. Finally, Piper Sandler reissued an “overweight” rating and issued a $37.00 price target (down from $49.00) on shares of Samsara in a research note on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $46.69.

Samsara Stock Performance

The firm has a market cap of $14.26 billion, a PE ratio of -308.98 and a beta of 1.61. The stock has a fifty day moving average price of $32.17 and a 200-day moving average price of $35.89.

Samsara (NYSE:IOT) last posted its quarterly earnings results on Thursday, December 4th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.11). Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. The business had revenue of $415.98 million during the quarter, compared to analysts’ expectations of $398.92 million. During the same quarter in the previous year, the business posted $0.07 EPS. The company’s quarterly revenue was up 29.2% on a year-over-year basis. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. As a group, equities analysts predict that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Samsara

Hedge funds and other institutional investors have recently made changes to their positions in the business. Catalyst Capital Advisors LLC purchased a new stake in shares of Samsara in the second quarter worth about $28,000. Acumen Wealth Advisors LLC acquired a new position in Samsara during the 4th quarter worth approximately $28,000. Versant Capital Management Inc lifted its position in 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 acquiring an additional 851 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in Samsara by 312.6% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock worth $31,000 after acquiring an additional 669 shares during the period. Finally, AlphaCentric Advisors LLC acquired a new stake in Samsara in the fourth quarter valued at approximately $36,000. Institutional investors and hedge funds own 96.02% of the company’s stock.

Samsara Company Profile

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.