Samsara (NYSE:IOT) Insider Adam Eltoukhy Sells 2,039 Shares

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 2,039 shares of the firm’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $32.08, for a total transaction of $65,411.12. Following the completion of the sale, the insider owned 425,080 shares of the company’s stock, valued at $13,636,566.40. This trade represents a 0.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Adam Eltoukhy also recently made the following trade(s):

• On Monday, June 22nd, Adam Eltoukhy sold 1,614 shares of Samsara stock. The stock was sold at an average price of $32.21, for a total transaction of $51,986.94.
• On Wednesday, May 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The shares were sold at an average price of $30.21, for a total transaction of $165,339.33.
• On Monday, April 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The stock was sold at an average price of $30.68, for a total transaction of $167,911.64.

Samsara Price Performance

Shares of NYSE IOT opened at $32.51 on Wednesday. The company has a market cap of $18.94 billion, a P/E ratio of 325.13, a PEG ratio of 7.53 and a beta of 1.34. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $47.47. The firm has a 50-day simple moving average of $31.43 and a two-hundred day simple moving average of $31.59.

Samsara (NYSE:IOT) last announced its earnings results on Thursday, June 4th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.04. The business had revenue of $478.84 million during the quarter, compared to analyst estimates of $455.21 million. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The company’s revenue for the quarter was up 30.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.11 earnings per share. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. As a group, equities research analysts expect that Samsara Inc. will post 0.15 EPS for the current year.

Institutional Investors Weigh In On Samsara

Hedge funds have recently made changes to their positions in the company. Baillie Gifford & Co. increased its stake in shares of Samsara by 15.0% during the fourth quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock valued at $1,689,565,000 after buying an additional 6,208,553 shares during the period. Goldman Sachs Group Inc. increased its position in Samsara by 58.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock valued at $421,079,000 after purchasing an additional 4,401,082 shares during the period. Norges Bank bought a new stake in shares of Samsara in the 4th quarter valued at about $127,415,000. Vanguard Group Inc. raised its holdings in shares of Samsara by 11.5% in the 4th quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock valued at $1,174,620,000 after purchasing an additional 3,417,849 shares in the last quarter. Finally, Brown Advisory Inc. lifted its position in shares of Samsara by 42.1% in the 4th quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock worth $397,536,000 after purchasing an additional 3,322,023 shares during the period. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Wolfe Research reaffirmed an “outperform” rating on shares of Samsara in a research report on Thursday, June 11th. Zacks Research downgraded Samsara from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 5th. UBS Group reissued a “buy” rating and set a $48.00 target price on shares of Samsara in a research note on Friday, March 6th. BMO Capital Markets boosted their target price on shares of Samsara from $40.00 to $44.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. Finally, Wells Fargo & Company upped their price target on shares of Samsara from $46.00 to $50.00 and gave the stock an “overweight” rating in a report on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Samsara presently has an average rating of “Moderate Buy” and a consensus target price of $45.94.

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.