Samsara (NYSE:IOT) Shares Gap Down – Should You Sell?

Samsara Inc. (NYSE:IOT) shares gapped down prior to trading on Monday . The stock had previously closed at $40.88, but opened at $39.12. Samsara shares last traded at $39.5550, with a volume of 645,164 shares changing hands.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on IOT shares. Jefferies Financial Group upgraded shares of Samsara to a “buy” rating in a research note on Thursday, June 11th. Piper Sandler lowered shares of Samsara from an “overweight” rating to a “neutral” rating and set a $40.00 price objective on the stock. in a report on Sunday. Morgan Stanley set a $43.00 price objective on shares of Samsara in a research report on Tuesday, July 21st. Wolfe Research restated an “outperform” rating on shares of Samsara in a research note on Thursday, June 11th. Finally, Royal Bank Of Canada upped their price target on Samsara from $41.00 to $42.00 and gave the stock an “outperform” rating in a research note on Friday, June 5th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $45.33.

Samsara Stock Down 3.1%

The company has a market capitalization of $23.08 billion, a P/E ratio of 395.89, a P/E/G ratio of 9.18 and a beta of 1.34. The firm’s 50-day moving average price is $35.12 and its 200 day moving average price is $31.66.

Samsara (NYSE:IOT) last issued its quarterly earnings data on Thursday, June 4th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. The firm 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% on a year-over-year basis. During the same period in the previous year, the company posted $0.11 EPS. 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.

Insider Activity

In other Samsara news, CEO Sanjit Biswas sold 57,090 shares of the business’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $37.89, for a total value of $2,163,140.10. Following the transaction, the chief executive officer owned 1,143,671 shares of the company’s stock, valued at approximately $43,333,694.19. The trade was a 4.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Adam Eltoukhy sold 3,653 shares of the business’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $34.95, for a total transaction of $127,672.35. Following the completion of the transaction, the insider directly owned 425,080 shares in the company, valued at $14,856,546. This trade represents a 0.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 5,007,121 shares of company stock valued at $169,162,901. 35.13% of the stock is currently owned by company insiders.

Institutional Trading of Samsara

A number of large investors have recently bought and sold shares of the company. Acumen Wealth Advisors LLC bought a new stake in Samsara in the 4th quarter valued at about $28,000. Caitong International Asset Management Co. Ltd boosted its position in Samsara by 312.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock worth $31,000 after purchasing an additional 669 shares during the period. AlphaCentric Advisors LLC purchased a new position in shares of Samsara in the fourth quarter worth about $36,000. IFP Advisors Inc increased its stake in shares of Samsara by 194.4% in the third quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock worth $47,000 after purchasing an additional 828 shares in the last quarter. Finally, Los Angeles Capital Management LLC bought a new stake in shares of Samsara in the fourth quarter valued at approximately $52,000. 96.02% of the stock is owned by hedge funds and other 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.