Samsara (NYSE:IOT) Insider Sells 4,688 Shares

by · The Markets Daily

Samsara Inc. (NYSE:IOT – Get Free Report) insider Adam Eltoukhy sold 4,688 shares of the firm’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $38.32, for a total transaction of $179,644.16. Following the completion of the transaction, the insider directly owned 246,675 shares of the company’s stock, valued at approximately $9,452,586. The trade was a 1.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Adam Eltoukhy also recently made the following trade(s):

  • On Monday, December 15th, Adam Eltoukhy sold 18,952 shares of Samsara stock. The shares were sold at an average price of $40.72, for a total value of $771,725.44.
  • On Wednesday, December 10th, Adam Eltoukhy sold 9,498 shares of Samsara stock. The shares were sold at an average price of $44.45, for a total value of $422,186.10.
  • On Thursday, November 20th, Adam Eltoukhy sold 4,767 shares of Samsara stock. The stock was sold at an average price of $36.04, for a total value of $171,802.68.
  • On Monday, October 20th, Adam Eltoukhy sold 4,767 shares of Samsara stock. The shares were sold at an average price of $37.16, for a total transaction of $177,141.72.

Samsara Stock Down 3.2%

Shares of NYSE IOT traded down $1.24 during mid-day trading on Tuesday, reaching $37.14. 3,911,278 shares of the company were exchanged, compared to its average volume of 5,056,621. The company’s 50 day moving average price is $38.95 and its 200 day moving average price is $38.29. Samsara Inc. has a 52 week low of $31.40 and a 52 week high of $61.90. The stock has a market capitalization of $21.43 billion, a PE ratio of -464.19 and a beta of 1.61.

Samsara (NYSE:IOT – Get Free Report) last posted its quarterly earnings data on Thursday, December 4th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.11). The firm had revenue of $415.98 million during the quarter, compared to analysts’ expectations of $398.92 million. Samsara had a negative return on equity of 3.49% and a negative net margin of 2.79%.Samsara’s revenue for the quarter was up 29.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.07 earnings per share. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. On average, sell-side analysts predict that Samsara Inc. will post -0.3 earnings per share for the current year.

Institutional Investors Weigh In On Samsara

Several institutional investors and hedge funds have recently bought and sold shares of IOT. Hudson Bay Capital Management LP purchased a new position in shares of Samsara during the third quarter valued at approximately $5,043,000. IFP Advisors Inc boosted its holdings in Samsara by 194.4% in the third quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock valued at $47,000 after acquiring an additional 828 shares in the last quarter. Swiss Life Asset Management Ltd boosted its position in shares of Samsara by 7.1% during the third quarter. Swiss Life Asset Management Ltd now owns 25,947 shares of the company’s stock valued at $967,000 after purchasing an additional 1,719 shares in the last quarter. Polar Asset Management Partners Inc. purchased a new position in Samsara during the third quarter valued at $1,637,000. Finally, JPMorgan Chase & Co. grew its position in shares of Samsara by 20.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,664,688 shares of the company’s stock worth $62,010,000 after buying an additional 284,174 shares during the period. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on IOT shares. Cowen reaffirmed a “buy” rating on shares of Samsara in a research note on Friday, December 5th. Craig Hallum raised Samsara from a “hold” rating to a “buy” rating and raised their price objective for the company from $42.00 to $48.00 in a research note on Friday, September 5th. KeyCorp assumed coverage on Samsara in a research note on Tuesday, December 9th. They issued an “overweight” rating and a $55.00 target price for the company. Wells Fargo & Company raised their price target on Samsara from $50.00 to $52.00 and gave the stock an “overweight” rating in a research report on Friday, December 5th. Finally, Piper Sandler boosted their price objective on Samsara from $48.00 to $49.00 and gave the company an “overweight” rating in a research report on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Samsara presently has an average rating of “Moderate Buy” and an average target price of $51.53.

Get Our Latest Research 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.

Recommended Stories