Samsara Inc. (NYSE:IOT – Get Free Report) CEO Sanjit Biswas sold 93,079 shares of Samsara stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $39.94, for a total transaction of $3,717,575.26. Following the sale, the chief executive officer owned 271,100 shares of the company’s stock, valued at approximately $10,827,734. This trade represents a 25.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Sanjit Biswas also recently made the following trade(s):
- On Thursday, August 20th, Sanjit Biswas sold 35,366 shares of Samsara stock. The shares were sold at an average price of $39.43, for a total transaction of $1,394,481.38.
- On Tuesday, August 18th, Sanjit Biswas sold 135,455 shares of Samsara stock. The shares were sold at an average price of $39.99, for a total transaction of $5,416,845.45.
- On Thursday, August 6th, Sanjit Biswas sold 57,090 shares of Samsara stock. The stock was sold at an average price of $37.89, for a total transaction of $2,163,140.10.
- On Wednesday, August 5th, Sanjit Biswas sold 87,333 shares of Samsara stock. The stock was sold at an average price of $38.64, for a total transaction of $3,374,547.12.
- On Tuesday, August 4th, Sanjit Biswas sold 119,477 shares of Samsara stock. The shares were sold at an average price of $38.34, for a total value of $4,580,748.18.
- On Wednesday, July 22nd, Sanjit Biswas sold 61,283 shares of Samsara stock. The shares were sold at an average price of $33.87, for a total value of $2,075,655.21.
- On Tuesday, July 21st, Sanjit Biswas sold 202,617 shares of Samsara stock. The stock was sold at an average price of $36.81, for a total value of $7,458,331.77.
- On Wednesday, July 8th, Sanjit Biswas sold 19,095 shares of Samsara stock. The stock was sold at an average price of $35.09, for a total value of $670,043.55.
- On Tuesday, July 7th, Sanjit Biswas sold 244,805 shares of Samsara stock. The shares were sold at an average price of $36.77, for a total value of $9,001,479.85.
- On Thursday, May 28th, Sanjit Biswas sold 31,081 shares of Samsara stock. The shares were sold at an average price of $31.21, for a total value of $970,038.01.
Samsara Trading Up 2.5%
NYSE IOT opened at $39.95 on Friday. The business’s 50-day moving average price is $36.10 and its 200 day moving average price is $32.27. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $47.47. The company has a market capitalization of $23.28 billion, a PE ratio of 399.54, a price-to-earnings-growth ratio of 8.97 and a beta of 1.34.
Wall Street Analysts Forecast Growth
IOT has been the subject of several research analyst reports. Piper Sandler lowered shares of Samsara from an “overweight” rating to a “neutral” rating and set a $40.00 price target for the company. in a research report on Sunday, August 9th. Wolfe Research restated an “outperform” rating on shares of Samsara in a report on Thursday, June 11th. 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. KeyCorp reiterated an “overweight” rating on shares of Samsara in a report on Friday, June 26th. Finally, TD Cowen boosted their price target on Samsara from $45.00 to $48.00 and gave the company a “buy” rating in a research report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $46.39.
View Our Latest Stock Report on Samsara
Institutional Investors Weigh In On Samsara
Institutional investors have recently bought and sold shares of the business. USS Investment Management Ltd purchased a new stake in Samsara during the 1st quarter worth $28,232,000. Allen Operations LLC increased its holdings in Samsara by 83.3% in the 4th quarter. Allen Operations LLC now owns 66,020 shares of the company’s stock valued at $2,340,000 after purchasing an additional 30,000 shares in the last quarter. Spyglass Capital Management LLC raised its position in Samsara by 25.5% in the first quarter. Spyglass Capital Management LLC now owns 2,946,646 shares of the company’s stock valued at $93,379,000 after purchasing an additional 599,651 shares during the period. Geode Capital Management LLC raised its position in Samsara by 17.8% in the fourth quarter. Geode Capital Management LLC now owns 6,196,703 shares of the company’s stock valued at $219,035,000 after purchasing an additional 935,855 shares during the period. Finally, Jordan Park Trust Co LLC raised its position in Samsara by 54.1% in the fourth quarter. Jordan Park Trust Co LLC now owns 3,833,929 shares of the company’s stock valued at $135,913,000 after purchasing an additional 1,346,628 shares during the period. 96.02% of the stock is currently owned by hedge funds and other institutional investors.
More Samsara News
Here are the key news stories impacting Samsara this week:
- Positive Sentiment: Samsara’s latest quarterly results exceeded expectations: revenue rose 30.5% year over year to $478.84 million versus the $455.21 million consensus, while EPS of $0.17 topped estimates of $0.13. Fiscal-year EPS guidance of $0.70 to $0.72 adds support to the company’s growth outlook. Samsara Shows What Happens When Fundamentals Beat Fear
- Positive Sentiment: The company launched its Fuel Command Center, designed to help fleet operators monitor fuel usage, reduce operating costs and manage exposure to fuel-price volatility. The product could strengthen Samsara’s value proposition and encourage additional customer adoption. Samsara Launches Fuel Command Center
- Neutral Sentiment: Wall Street remains broadly constructive, with a “Moderate Buy” consensus rating and an average price target of $46.39. However, analyst targets and ratings vary, including a neutral $40 target, highlighting concerns about valuation and the pace of future growth. Samsara Analyst Outlook
- Negative Sentiment: CEO Sanjit Biswas and insider John Bicket each sold 263,900 shares—approximately $10.5 million apiece—between August 18 and 20. The sales materially reduced their direct holdings and may pressure sentiment, particularly with IOT trading at a very high earnings multiple. Because the transactions occurred under pre-arranged Rule 10b5-1 plans, they do not necessarily signal deteriorating confidence in Samsara’s business. SEC Insider Trading Filing
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.
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