Sanjit Biswas Sells 96,562 Shares of Samsara (NYSE:IOT) Stock

18 Apr 2026, 05:44 by Amy Steele · The Cerbat Gem

Samsara Inc. (NYSE:IOT – Get Free Report) insider Sanjit Biswas sold 96,562 shares of the business’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $27.98, for a total transaction of $2,701,804.76. Following the completion of the sale, the insider directly owned 158,200 shares in the company, valued at approximately $4,426,436. This represents a 37.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 Tuesday, April 14th, Sanjit Biswas sold 167,338 shares of Samsara stock. The shares were sold at an average price of $26.60, for a total transaction of $4,451,190.80.
On Thursday, April 2nd, Sanjit Biswas sold 10,381 shares of Samsara stock. The shares were sold at an average price of $30.97, for a total transaction of $321,499.57.
On Wednesday, April 1st, Sanjit Biswas sold 116,576 shares of Samsara stock. The shares were sold at an average price of $31.80, for a total transaction of $3,707,116.80.
On Tuesday, March 31st, Sanjit Biswas sold 136,943 shares of Samsara stock. The shares were sold at an average price of $31.44, for a total transaction of $4,305,487.92.
On Tuesday, February 17th, Sanjit Biswas sold 263,900 shares of Samsara stock. The shares were sold at an average price of $25.87, for a total transaction of $6,827,093.00.
On Wednesday, February 4th, Sanjit Biswas sold 208,081 shares of Samsara stock. The shares were sold at an average price of $25.19, for a total transaction of $5,241,560.39.
On Tuesday, February 3rd, Sanjit Biswas sold 55,819 shares of Samsara stock. The shares were sold at an average price of $25.23, for a total transaction of $1,408,313.37.
On Tuesday, January 20th, Sanjit Biswas sold 263,900 shares of Samsara stock. The shares were sold at an average price of $32.43, for a total transaction of $8,558,277.00.

Samsara Trading Up 3.3%

Shares of IOT opened at $30.61 on Friday. The stock has a market capitalization of $17.77 billion, a P/E ratio of -1,529.54, a price-to-earnings-growth ratio of 10.87 and a beta of 1.50. The firm’s fifty day simple moving average is $29.84 and its two-hundred day simple moving average is $34.25. Samsara Inc. has a 12 month low of $23.38 and a 12 month high of $48.40.

Samsara (NYSE:IOT – Get Free Report) last issued its quarterly earnings results on Thursday, March 5th. The company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.05. The business had revenue of $444.30 million for the quarter, compared to analysts’ expectations of $422.29 million. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. The business’s quarterly revenue was up 28.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.11 earnings per share. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. As a group, research analysts predict that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Key Stories Impacting Samsara

Here are the key news stories impacting Samsara this week:

Positive Sentiment: Q3/Q4 (March) results beat consensus: revenue grew ~28% year‑over‑year and EPS topped estimates, which investors cite as the primary fundamental reason for the rally. Samsara also provided FY‑2027 guidance (FY and Q1 EPS ranges) that gave investors clearer forward expectations. Samsara Inc. (IOT) Exceeds Market Returns
Neutral Sentiment: Street coverage has been constructive recently (several firms reiterating Outperform/Buy and some raising targets), supporting demand — but ratings are mixed enough that further upside depends on execution versus targets. MarketBeat: Samsara analyst coverage
Neutral Sentiment: High institutional ownership (~96%) means moves can be amplified by few large flows; recent hedge fund adjustments were small and not the main driver of today’s move. MarketBeat: Institutional holdings
Negative Sentiment: Large insider sales by co‑founders (John Bicket and Sanjit Biswas) totaling several hundred thousand shares across April 14–15 were filed; while the trades were done under pre‑arranged Rule 10b5‑1 plans (which reduces governance alarm), they increase available float and are a headwind for sentiment. SEC Form 4 (insider sales)
Negative Sentiment: Additional smaller insider sales (e.g., CAO) add to the narrative of insider liquidity this week and could cap upside near term as the market digests supply increases. InsiderTrades: Insider selling alert
Positive Sentiment: Headline coverage (including broader market stories linking Samsara to sector moves) has magnified investor interest and likely contributed to short‑term buying. Bandwidth and Samsara Shares Skyrocket

Institutional Investors Weigh In On Samsara

A number of institutional investors and hedge funds have recently made changes to their positions in IOT. Baillie Gifford & Co. raised its holdings in shares of Samsara by 15.0% in the 4th quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock worth $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 worth $421,079,000 after acquiring an additional 4,401,082 shares during the last quarter. Norges Bank acquired a new stake in shares of Samsara in the 4th quarter worth 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 worth $1,174,620,000 after acquiring an additional 3,417,849 shares during the last quarter. Finally, Brown Advisory Inc. raised its holdings 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 acquiring an additional 3,322,023 shares during the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on IOT shares. BMO Capital Markets upped their price target on shares of Samsara from $40.00 to $44.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. KeyCorp increased their price objective on shares of Samsara from $40.00 to $41.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. Zacks Research raised shares of Samsara from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 13th. UBS Group reissued a “buy” rating and set a $48.00 price objective on shares of Samsara in a research report on Friday, March 6th. Finally, Piper Sandler reissued an “overweight” rating and set a $39.00 price objective (up from $37.00) on shares of Samsara in a research report on Friday, March 6th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Samsara presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.18.

View Our Latest Report on IOT

Samsara Company Profile

(Get Free Report)

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.