Sanjit Biswas Sells 24,498 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOT) insider Sanjit Biswas sold 24,498 shares of Samsara stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $38.73, for a total transaction of $948,807.54. Following the transaction, the insider owned 127,000 shares in the company, valued at approximately $4,918,710. The trade was a 16.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

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

• On Wednesday, December 17th, Sanjit Biswas sold 135,502 shares of Samsara stock. The stock was sold at an average price of $38.37, for a total value of $5,199,211.74.
• On Wednesday, December 3rd, Sanjit Biswas sold 14,152 shares of Samsara stock. The stock was sold at an average price of $38.10, for a total transaction of $539,191.20.
• On Tuesday, December 2nd, Sanjit Biswas sold 145,848 shares of Samsara stock. The shares were sold at an average price of $37.85, for a total transaction of $5,520,346.80.
• On Wednesday, November 19th, Sanjit Biswas sold 36,664 shares of Samsara stock. The stock was sold at an average price of $36.13, for a total transaction of $1,324,670.32.
• On Tuesday, November 18th, Sanjit Biswas sold 123,336 shares of Samsara stock. The shares were sold at an average price of $36.50, for a total value of $4,501,764.00.
• On Wednesday, November 5th, Sanjit Biswas sold 10,937 shares of Samsara stock. The stock was sold at an average price of $38.38, for a total value of $419,762.06.
• On Tuesday, November 4th, Sanjit Biswas sold 149,063 shares of Samsara stock. The shares were sold at an average price of $38.94, for a total value of $5,804,513.22.
• On Tuesday, October 21st, Sanjit Biswas sold 160,000 shares of Samsara stock. The stock was sold at an average price of $38.63, for a total value of $6,180,800.00.
• On Tuesday, October 7th, Sanjit Biswas sold 160,000 shares of Samsara stock. The shares were sold at an average price of $38.36, for a total transaction of $6,137,600.00.
• On Wednesday, September 24th, Sanjit Biswas sold 26,590 shares of Samsara stock. The stock was sold at an average price of $37.60, for a total transaction of $999,784.00.

Samsara Stock Performance

NYSE:IOT opened at $38.24 on Friday. Samsara Inc. has a 52 week low of $31.40 and a 52 week high of $61.90. The firm’s fifty day moving average is $38.94 and its 200-day moving average is $38.41. The firm has a market cap of $21.94 billion, a P/E ratio of -478.00 and a beta of 1.61.

Samsara (NYSE:IOT) last released its 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). Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. The firm had revenue of $415.98 million during the quarter, compared to analyst estimates of $398.92 million. During the same quarter in the previous year, the firm earned $0.07 EPS. Samsara’s quarterly revenue was up 29.2% on a year-over-year basis. 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, sell-side analysts anticipate that Samsara Inc. will post -0.3 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have issued reports on IOT shares. Piper Sandler boosted their price target on Samsara from $48.00 to $49.00 and gave the company an “overweight” rating in a research note on Friday, December 5th. Wells Fargo & Company increased their target price on shares of Samsara from $50.00 to $52.00 and gave the stock an “overweight” rating in a research note on Friday, December 5th. JPMorgan Chase & Co. lifted their price target on shares of Samsara from $46.00 to $48.00 and gave the company a “neutral” rating in a research note on Friday, December 5th. Truist Financial upped their price objective on shares of Samsara from $35.00 to $39.00 and gave the company a “hold” rating in a report on Friday, September 5th. Finally, Morgan Stanley raised their target price on Samsara from $50.00 to $53.00 and gave the company an “equal weight” rating in a research note on Monday, September 8th. One research 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 issued a Sell rating to the company. According to data from MarketBeat.com, Samsara has a consensus rating of “Moderate Buy” and a consensus price target of $51.53.

Hedge Funds Weigh In On Samsara

Several large investors have recently added to or reduced their stakes in the business. Brighton Jones LLC bought a new stake in Samsara during the 4th quarter worth approximately $13,464,000. State of New Jersey Common Pension Fund D boosted its position in shares of Samsara by 8.9% during the first quarter. State of New Jersey Common Pension Fund D now owns 88,575 shares of the company’s stock valued at $3,395,000 after buying an additional 7,241 shares during the last quarter. Raymond James Financial Inc. boosted its position in shares of Samsara by 54.5% during the first quarter. Raymond James Financial Inc. now owns 93,169 shares of the company’s stock valued at $3,571,000 after buying an additional 32,883 shares during the last quarter. Versor Investments LP bought a new stake in Samsara during the first quarter worth $201,000. Finally, Northern Trust Corp raised its position in Samsara by 37.2% in the 1st 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 last quarter. Institutional investors own 96.02% of the company’s stock.

Key Samsara News

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: BTIG initiated/upgraded coverage on Samsara with a buy/strong‑buy stance, which provides institutional validation of the growth outlook and likely lifted short‑term demand. BTIG initiates coverage
• Neutral Sentiment: Coverage and press on Samsara’s Q3 results highlight revenue strength (double‑digit growth) even though profit metrics remain mixed; this keeps investor focus on execution and margin progress rather than creating a clear directional impulse. Q3 earnings coverage
• Negative Sentiment: Large insider sales by co‑founders Sanjit Biswas and John Bicket (massive reductions on Dec. 17–18 that left each with about 6,000 shares) generated more than $5M in proceeds per filing — a material drop in their holdings that can be read as diversification or concern and tends to weigh on sentiment. SEC filings and a press roundup detail the transactions. John Bicket Form 4 Sanjit Biswas Form 4 Insider selling roundup

About Samsara

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.