Sanjit Biswas Sells 263,900 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOT) insider Sanjit Biswas sold 263,900 shares of the stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $34.40, for a total value of $9,078,160.00. Following the completion of the transaction, the insider owned 89,400 shares in the company, valued at approximately $3,075,360. The trade was a 74.70% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.

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

• On Tuesday, December 30th, Sanjit Biswas sold 77,758 shares of Samsara stock. The stock was sold at an average price of $35.96, for a total value of $2,796,177.68.
• On Monday, December 29th, Sanjit Biswas sold 82,242 shares of Samsara stock. The stock was sold at an average price of $36.27, for a total value of $2,982,917.34.
• On Thursday, December 18th, Sanjit Biswas sold 24,498 shares of Samsara stock. The shares were sold at an average price of $38.73, for a total transaction of $948,807.54.
• 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 transaction of $5,199,211.74.
• On Wednesday, December 3rd, Sanjit Biswas sold 14,152 shares of Samsara stock. The shares were 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 stock was 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 stock was sold at an average price of $38.94, for a total value of $5,804,513.22.

Samsara Stock Down 0.5%

Shares of NYSE:IOT opened at $33.64 on Friday. The business’s 50 day moving average is $38.10 and its 200 day moving average is $37.82. Samsara Inc. has a 12-month low of $31.40 and a 12-month high of $61.90. The stock has a market cap of $19.41 billion, a price-to-earnings ratio of -420.44 and a beta of 1.62.

Samsara (NYSE:IOT) last released its quarterly earnings results on Thursday, December 4th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.11). The company had revenue of $415.98 million during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period 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. As a group, equities research analysts expect that Samsara Inc. will post -0.3 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on IOT. Bank of America upped their target price on Samsara from $53.00 to $55.00 and gave the company a “buy” rating in a report on Friday, December 5th. Cowen reaffirmed a “buy” rating on shares of Samsara in a research report on Friday, December 5th. Royal Bank Of Canada dropped their target price on shares of Samsara from $50.00 to $46.00 and set an “outperform” rating on the stock in a research note on Monday. Zacks Research upgraded shares of Samsara from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 30th. Finally, KeyCorp initiated coverage on shares of Samsara in a report on Tuesday, December 9th. They issued an “overweight” rating and a $55.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Samsara presently has an average rating of “Moderate Buy” and a consensus target price of $51.27.

Institutional Trading of Samsara

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Catalyst Capital Advisors LLC bought a new position in Samsara in the 2nd quarter worth about $28,000. Versant Capital Management Inc lifted its holdings in shares of Samsara by 6,078.6% in the third quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock worth $32,000 after buying an additional 851 shares in the last quarter. Family Legacy Financial Solutions LLC purchased a new stake in shares of Samsara in the second quarter worth about $40,000. Whipplewood Advisors LLC boosted its position in shares of Samsara by 349.8% in the second quarter. Whipplewood Advisors LLC now owns 1,093 shares of the company’s stock valued at $43,000 after acquiring an additional 850 shares during the period. Finally, Optiver Holding B.V. grew its stake in Samsara by 953.2% during the third quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock valued at $44,000 after acquiring an additional 1,058 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors.

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.