Samsara (NYSE:IOT) CEO Sanjit Biswas Sells 65,402 Shares of Stock

Samsara Inc. (NYSE:IOT) CEO Sanjit Biswas sold 65,402 shares of the business’s stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $42.27, for a total value of $2,764,542.54. Following the completion of the sale, the chief executive officer owned 669,835 shares of the company’s stock, valued at approximately $28,313,925.45. This represents a 8.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sanjit Biswas also recently made the following trade(s):

• On Wednesday, October 14th, Sanjit Biswas sold 103,110 shares of Samsara stock. The shares were sold at an average price of $41.14, for a total value of $4,241,945.40.
• On Tuesday, October 13th, Sanjit Biswas sold 95,388 shares of Samsara stock. The stock was sold at an average price of $41.87, for a total transaction of $3,993,895.56.
• On Thursday, October 1st, Sanjit Biswas sold 21,129 shares of Samsara stock. The shares were sold at an average price of $38.81, for a total transaction of $820,016.49.
• On Wednesday, September 30th, Sanjit Biswas sold 84,369 shares of Samsara stock. The shares were sold at an average price of $38.40, for a total transaction of $3,239,769.60.
• On Tuesday, September 29th, Sanjit Biswas sold 158,402 shares of Samsara stock. The shares were sold at an average price of $37.74, for a total transaction of $5,978,091.48.
• 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 Wednesday, August 19th, Sanjit Biswas sold 93,079 shares of Samsara stock. The stock was sold at an average price of $39.94, for a total transaction of $3,717,575.26.
• On Tuesday, August 18th, Sanjit Biswas sold 135,455 shares of Samsara stock. The stock was 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 shares were sold at an average price of $38.64, for a total transaction of $3,374,547.12.

Samsara Stock Performance

NYSE IOT opened at $42.61 on Friday. The firm has a market cap of $24.95 billion, a PE ratio of 266.32, a P/E/G ratio of 10.02 and a beta of 1.35. Samsara Inc. has a one year low of $23.38 and a one year high of $47.47. The firm’s fifty day moving average is $39.98 and its two-hundred day moving average is $35.23.

Samsara (NYSE:IOT) last announced its earnings results on Thursday, September 3rd. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.04. Samsara had a net margin of 4.90% and a return on equity of 4.13%. The business had revenue of $508.44 million during the quarter, compared to analysts’ expectations of $483.29 million. During the same period in the prior year, the company earned $0.12 earnings per share. The business’s revenue was up 29.9% compared to the same quarter last year. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. Research analysts predict that Samsara Inc. will post 0.13 earnings per share for the current year.

Key Headlines Impacting Samsara

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Tracking Label wins TIME recognition: Samsara’s disposable Bluetooth Tracking Label was named one of TIME’s Best Inventions of 2026 in the Logistics category. The product provides near-real-time shipment visibility across carriers and expands Samsara’s Connected Operations platform into high-value shipments, packages and pallets. The award adds credibility to the company’s product innovation and growth prospects. Samsara Tracking Label Named to TIME’s Best Inventions of 2026
• Neutral Sentiment: Fleet-employer scholarship recipients announced: Samsara and Trucking HR Canada announced the recipients of a scholarship recognizing top fleet employers. The announcement supports Samsara’s engagement with transportation and fleet-management customers but is unlikely to materially affect near-term financial results. Samsara and Trucking HR Canada Announce Recipients of Top Fleet Employers Scholarship
• Negative Sentiment: CEO and co-founder insider sales: CEO Sanjit Biswas sold a combined 263,900 shares for approximately $11.0 million across October 13–15, reducing his reported position by about 70% from the transactions. Co-founder John Bicket sold 263,900 shares worth approximately $11.0 million over the same period, also substantially reducing his holdings. The sales could raise concerns because of their size, but all were executed under pre-arranged Rule 10b5-1 trading plans, which indicates they were scheduled in advance and does not necessarily signal deteriorating confidence in Samsara’s business. SEC insider trading filing for John Bicket

Analysts Set New Price Targets

Several analysts have commented on the company. TD Cowen upped their price objective on Samsara from $48.00 to $53.00 and gave the company a “buy” rating in a research note on Friday, September 4th. Cantor Fitzgerald initiated coverage on Samsara in a research report on Monday, September 14th. They set an “overweight” rating and a $45.00 price objective for the company. BNP Paribas Exane lifted their target price on Samsara from $40.00 to $55.00 and gave the company an “outperform” rating in a research note on Friday, September 4th. JPMorgan Chase & Co. boosted their target price on Samsara from $48.00 to $52.00 and gave the company a “neutral” rating in a report on Friday, September 4th. Finally, Wells Fargo & Company boosted their target price on Samsara from $50.00 to $58.00 and gave the company an “overweight” rating in a report on Friday, September 4th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $51.68.

Institutional Trading of Samsara

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Markowski Investments acquired a new position in shares of Samsara during the second quarter worth about $37,000. Parkside Financial Bank & Trust raised its holdings in Samsara by 91.0% during the second quarter. Parkside Financial Bank & Trust now owns 1,377 shares of the company’s stock worth $45,000 after purchasing an additional 656 shares in the last quarter. Anchor Investment Management LLC acquired a new stake in Samsara in the second quarter valued at about $46,000. CX Institutional acquired a new stake in Samsara in the second quarter valued at about $64,000. Finally, Westwind Capital acquired a new stake in Samsara in the third quarter valued at about $64,000. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Samsara Company Profile

Samsara Inc is a technology company that provides connected operations solutions for organizations with physical operations. Its platform combines Internet of Things (IoT) hardware, cloud-based software and data analytics to help businesses monitor vehicles, equipment, worksites and mobile workforces.

The Samsara Connected Operations Cloud includes vehicle telematics, GPS tracking, video-based safety, routing and dispatch tools, equipment monitoring, workforce and workflow management, and compliance solutions.