Benjamin Louis Kirchhoff Sells 960 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOT) CAO Benjamin Louis Kirchhoff sold 960 shares of Samsara stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $37.70, for a total transaction of $36,192.00. Following the completion of the transaction, the chief accounting officer directly owned 162,800 shares in the company, valued at approximately $6,137,560. The trade was a 0.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Benjamin Louis Kirchhoff also recently made the following trade(s):

• On Monday, June 15th, Benjamin Louis Kirchhoff sold 2,549 shares of Samsara stock. The shares were sold at an average price of $33.74, for a total transaction of $86,003.26.
• On Wednesday, May 13th, Benjamin Louis Kirchhoff sold 2,554 shares of Samsara stock. The stock was sold at an average price of $27.47, for a total transaction of $70,158.38.

Samsara Trading Up 3.5%

IOT opened at $38.82 on Thursday. The stock has a market capitalization of $22.62 billion, a P/E ratio of 388.21, a P/E/G ratio of 8.42 and a beta of 1.35. Samsara Inc. has a 12 month low of $23.38 and a 12 month high of $47.47. The firm’s fifty day simple moving average is $34.18 and its 200 day simple moving average is $31.46.

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

Analysts Set New Price Targets

Several equities research analysts have commented on IOT shares. Piper Sandler restated an “overweight” rating and issued a $40.00 target price (up from $39.00) on shares of Samsara in a research note on Friday, June 5th. Guggenheim initiated coverage on shares of Samsara in a report on Wednesday, July 22nd. They issued a “buy” rating and a $45.00 price objective on the stock. KeyCorp restated an “overweight” rating on shares of Samsara in a report on Friday, June 26th. BTIG Research reaffirmed a “buy” rating and issued a $45.00 target price on shares of Samsara in a research report on Friday, June 26th. Finally, Wells Fargo & Company lifted their price target on shares of Samsara from $46.00 to $50.00 and gave the company an “overweight” rating in a research note on Friday, June 5th. Two equities research analysts have 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 stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $45.33.

Trending Headlines about Samsara

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Technical signals turned bullish: Samsara recently reclaimed its 50-day moving average of approximately $34.01 and crossed above its 200-day moving average near $31.43. These widely followed levels may attract momentum investors and support the recent advance. Samsara reclaimed the 50-day moving average Samsara crossed the 200-day moving average
• Positive Sentiment: Fundamentals continue to support the story: Samsara’s latest quarterly results exceeded estimates, with revenue of $478.84 million, up 30.5% year over year, and earnings per share of $0.17 versus the $0.13 consensus. Analysts maintain a “Moderate Buy” consensus and an average price target of $45.33, above the recent trading range.
• Neutral Sentiment: Institutional ownership is substantial: Major investors including Baillie Gifford, Vanguard, Goldman Sachs, Brown Advisory and State Street increased their positions in the latest reported quarter. Institutions collectively own about 96% of IOT shares, which can provide support but may also contribute to volatility if large holders adjust positions.
• Negative Sentiment: Executives reported sizable sales: CEO Sanjit Biswas and insider John Bicket each sold roughly $9.5 million of shares in July 21 transactions, substantially reducing their individual holdings. Both also sold approximately 61,000 shares the following day. Chief Accounting Officer Benjamin Kirchhoff sold $36,192 of stock, while Adam Eltoukhy sold $127,672. All reported transactions were executed under pre-arranged Rule 10b5-1 plans, reducing their value as signals of current management sentiment, but the volume of selling could weigh on investor confidence. Biswas sale filing Bicket and Eltoukhy sale filings

Hedge Funds Weigh In On Samsara

Hedge funds and other institutional investors have recently made changes to their positions in the company. Baillie Gifford & Co. lifted its stake in Samsara by 15.0% in the fourth quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock valued at $1,689,565,000 after acquiring an additional 6,208,553 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Samsara by 58.9% in 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 acquired a new stake in Samsara in the 4th quarter valued at about $127,415,000. Vanguard Group Inc. lifted its stake in 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 during the last quarter. Finally, Brown Advisory Inc. grew its holdings in Samsara by 42.1% during the fourth 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 owned by institutional investors.

About Samsara

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.