Sanjit Biswas Sells 168,272 Shares of Samsara (NYSE:IOT) Stock

by · The Cerbat Gem

Samsara Inc. (NYSE:IOT – Get Free Report) insider Sanjit Biswas sold 168,272 shares of Samsara stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $28.58, for a total transaction of $4,809,213.76. Following the sale, the insider directly owned 15,200 shares of the company’s stock, valued at $434,416. The trade was a 91.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

  • On Wednesday, May 13th, Sanjit Biswas sold 95,628 shares of Samsara stock. The shares were sold at an average price of $27.47, for a total transaction of $2,626,901.16.
  • On Thursday, April 30th, Sanjit Biswas sold 72,958 shares of Samsara stock. The stock was sold at an average price of $28.49, for a total transaction of $2,078,573.42.
  • On Wednesday, April 29th, Sanjit Biswas sold 87,067 shares of Samsara stock. The stock was sold at an average price of $29.05, for a total transaction of $2,529,296.35.
  • On Tuesday, April 28th, Sanjit Biswas sold 103,875 shares of Samsara stock. The shares were sold at an average price of $29.50, for a total transaction of $3,064,312.50.
  • On Wednesday, April 15th, Sanjit Biswas sold 96,562 shares of Samsara stock. The stock was sold at an average price of $27.98, for a total value of $2,701,804.76.
  • 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 value of $4,451,190.80.
  • On Thursday, April 2nd, Sanjit Biswas sold 10,381 shares of Samsara stock. The stock was sold at an average price of $30.97, for a total value of $321,499.57.
  • On Wednesday, April 1st, Sanjit Biswas sold 116,576 shares of Samsara stock. The stock was sold at an average price of $31.80, for a total value of $3,707,116.80.
  • On Tuesday, March 31st, Sanjit Biswas sold 136,943 shares of Samsara stock. The stock was sold at an average price of $31.44, for a total value 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 value of $6,827,093.00.

Samsara Trading Up 1.7%

Samsara stock traded up $0.47 during midday trading on Thursday, reaching $27.99. The company’s stock had a trading volume of 4,502,457 shares, compared to its average volume of 7,553,471. The stock has a market cap of $16.25 billion, a PE ratio of -1,398.75, a price-to-earnings-growth ratio of 10.30 and a beta of 1.29. Samsara Inc. has a 52 week low of $23.38 and a 52 week high of $48.40. The business has a 50-day moving average price of $30.60 and a 200-day moving average price of $33.22.

Samsara (NYSE:IOT – Get Free Report) last posted its quarterly earnings results on Thursday, March 5th. The company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.05. The company had revenue of $444.30 million for the quarter, compared to the consensus estimate of $422.29 million. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. The firm’s quarterly revenue was up 28.3% compared to the same quarter last year. During the same period last year, the company posted $0.11 EPS. 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 0.06 EPS for the current fiscal year.

Hedge Funds Weigh In On Samsara

Institutional investors and hedge funds have recently modified their holdings of the business. Brighton Jones LLC bought a new stake in shares of Samsara in the 4th quarter valued at $13,464,000. Royal Bank of Canada boosted its stake in Samsara by 100.3% during the first quarter. Royal Bank of Canada now owns 96,142 shares of the company’s stock worth $3,686,000 after acquiring an additional 48,135 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in Samsara by 2,444.6% in the first quarter. Jones Financial Companies Lllp now owns 17,787 shares of the company’s stock worth $682,000 after purchasing an additional 17,088 shares during the period. Empowered Funds LLC increased its stake in Samsara by 3.4% in the first quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after purchasing an additional 335 shares in the last quarter. Finally, Marshall Wace LLP increased its stake in Samsara by 142.4% in the second quarter. Marshall Wace LLP now owns 68,860 shares of the company’s stock valued at $2,739,000 after purchasing an additional 40,450 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

IOT has been the topic of a number of recent analyst reports. Zacks Research lowered Samsara from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Samsara in a report on Thursday, January 22nd. TD Cowen restated a “buy” rating on shares of Samsara in a research report on Monday, March 2nd. The Goldman Sachs Group set a $45.00 price objective on shares of Samsara in a research note on Monday, March 2nd. Finally, Truist Financial lowered their target price on shares of Samsara from $39.00 to $30.00 and set a “hold” rating for the company in a research note on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $46.18.

Check Out Our Latest Stock Report on Samsara

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.

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.

Featured Articles