Dominic Phillips Sells 48,116 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOT) insider Dominic Phillips sold 48,116 shares of Samsara stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $40.72, for a total value of $1,959,283.52. Following the transaction, the insider owned 573,114 shares of the company’s stock, valued at $23,337,202.08. The trade was a 7.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Dominic Phillips also recently made the following trade(s):

• On Wednesday, December 10th, Dominic Phillips sold 8,231 shares of Samsara stock. The shares were sold at an average price of $44.46, for a total value of $365,950.26.
• On Friday, December 5th, Dominic Phillips sold 18,348 shares of Samsara stock. The stock was sold at an average price of $46.09, for a total value of $845,659.32.
• On Monday, November 3rd, Dominic Phillips sold 18,348 shares of Samsara stock. The stock was sold at an average price of $40.39, for a total value of $741,075.72.
• On Wednesday, October 1st, Dominic Phillips sold 18,904 shares of Samsara stock. The shares were sold at an average price of $37.83, for a total value of $715,138.32.

Samsara Price Performance

Shares of Samsara stock opened at $38.18 on Thursday. The business has a fifty day simple moving average of $38.95 and a two-hundred day simple moving average of $38.52. Samsara Inc. has a 1 year low of $31.40 and a 1 year high of $61.90. The company has a market capitalization of $21.90 billion, a price-to-earnings ratio of -477.28 and a beta of 1.61.

Samsara (NYSE:IOT) last issued its quarterly earnings data on Thursday, December 4th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.11). The company had revenue of $415.98 million during the quarter, compared to the consensus estimate of $398.92 million. Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. Samsara’s revenue for the quarter was up 29.2% compared to the same quarter last year. During the same period in the previous year, the company earned $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. As a group, equities analysts anticipate that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on IOT shares. Jefferies Financial Group set a $57.00 price objective on shares of Samsara in a research report on Wednesday, December 10th. Wells Fargo & Company lifted their price target on Samsara from $50.00 to $52.00 and gave the stock an “overweight” rating in a report on Friday, December 5th. Evercore ISI set a $50.00 price objective on Samsara and gave the company an “outperform” rating in a report on Wednesday, October 1st. Morgan Stanley lifted their target price on Samsara from $50.00 to $53.00 and gave the stock an “equal weight” rating in a report on Monday, September 8th. Finally, Craig Hallum upgraded shares of Samsara from a “hold” rating to a “buy” rating and upped their price target for the company from $42.00 to $48.00 in a research note on Friday, September 5th. Eleven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $51.29.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Catalyst Capital Advisors LLC bought a new stake in Samsara during the second quarter worth about $28,000. Versant Capital Management Inc increased its holdings in Samsara by 6,078.6% in the 3rd quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock valued at $32,000 after buying an additional 851 shares during the period. Family Legacy Financial Solutions LLC acquired a new position in shares of Samsara in the 2nd quarter valued at approximately $40,000. AlphaQuest LLC lifted its holdings in shares of Samsara by 519.6% during the 1st quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock worth $40,000 after acquiring an additional 873 shares during the period. Finally, Whipplewood Advisors LLC lifted its holdings in shares of Samsara by 349.8% during the 2nd quarter. Whipplewood Advisors LLC now owns 1,093 shares of the company’s stock worth $43,000 after acquiring an additional 850 shares during the period. Institutional investors own 96.02% of the company’s stock.

Samsara Company Profile

Samsara Inc provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.