Insider Selling: Samsara (NYSE:IOT) Insider Sells $771,725.44 in Stock

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 18,952 shares of the company’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $40.72, for a total value of $771,725.44. Following the completion of the transaction, the insider directly owned 246,675 shares in the company, valued at approximately $10,044,606. This represents a 7.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• 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 transaction of $422,186.10.
• On Thursday, November 20th, Adam Eltoukhy sold 4,767 shares of Samsara stock. The shares were sold at an average price of $36.04, for a total transaction of $171,802.68.
• On Monday, October 20th, Adam Eltoukhy sold 4,767 shares of Samsara stock. The stock was sold at an average price of $37.16, for a total transaction of $177,141.72.
• On Monday, September 22nd, Adam Eltoukhy sold 4,767 shares of Samsara stock. The shares were sold at an average price of $39.40, for a total transaction of $187,819.80.

Samsara Stock Down 0.1%

Shares of NYSE:IOT opened at $38.18 on Friday. Samsara Inc. has a 12-month low of $31.40 and a 12-month high of $61.90. The company’s 50 day moving average price is $38.91 and its two-hundred day moving average price is $38.52. The firm has a market cap of $21.90 billion, a PE ratio of -477.23 and a beta of 1.61.

Samsara (NYSE:IOT) last issued its quarterly earnings results on Thursday, December 4th. The company reported $0.01 earnings per share (EPS) 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%. The company’s quarterly revenue was up 29.2% on a year-over-year basis. During the same quarter last year, the firm 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, research analysts expect that Samsara Inc. will post -0.3 EPS for the current year.

Wall Street Analyst Weigh In

IOT has been the topic of several analyst reports. Royal Bank Of Canada increased their price target on shares of Samsara from $46.00 to $50.00 and gave the stock an “outperform” rating in a research report on Friday, December 5th. TD Cowen upped their price objective on Samsara from $49.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday, December 5th. Morgan Stanley raised their price objective on Samsara from $50.00 to $53.00 and gave the company an “equal weight” rating in a research note on Monday, September 8th. BTIG Research began coverage on Samsara in a research note on Tuesday. They set a “buy” rating and a $55.00 target price for the company. Finally, Truist Financial raised their price target on shares of Samsara from $35.00 to $39.00 and gave the company a “hold” rating in a research note on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Samsara currently has an average rating of “Moderate Buy” and an average price target of $51.53.

Institutional Trading of Samsara

A number of hedge funds have recently made changes to their positions in the company. Vident Advisory LLC raised its position in shares of Samsara by 66.2% in the 1st quarter. Vident Advisory LLC now owns 14,282 shares of the company’s stock worth $547,000 after acquiring an additional 5,691 shares in the last quarter. Russell Investments Group Ltd. grew its stake in Samsara by 407.7% during the first quarter. Russell Investments Group Ltd. now owns 271,327 shares of the company’s stock worth $10,400,000 after purchasing an additional 217,884 shares during the period. JPMorgan Chase & Co. increased its holdings in Samsara by 28.9% in the second quarter. JPMorgan Chase & Co. now owns 1,380,514 shares of the company’s stock worth $54,917,000 after purchasing an additional 309,920 shares in the last quarter. Northern Trust Corp lifted its stake in Samsara by 37.2% in the first quarter. Northern Trust Corp now owns 1,082,209 shares of the company’s stock valued at $41,481,000 after buying an additional 293,603 shares during the period. Finally, PDT Partners LLC boosted its holdings in shares of Samsara by 65.3% during the 1st quarter. PDT Partners LLC now owns 193,688 shares of the company’s stock worth $7,424,000 after buying an additional 76,529 shares in the last quarter. 96.02% of the stock is owned by institutional investors and hedge funds.

About Samsara

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.