Samsara Inc. (NYSE:IOT – Get Free Report) insider Sanjit Biswas sold 55,819 shares of the business’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $25.23, for a total transaction of $1,408,313.37. Following the sale, the insider owned 68,200 shares of the company’s stock, valued at approximately $1,720,686. The trade was a 45.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Sanjit Biswas also recently made the following trade(s):
- On Wednesday, February 4th, Sanjit Biswas sold 208,081 shares of Samsara stock. The shares were sold at an average price of $25.19, for a total transaction of $5,241,560.39.
- On Tuesday, January 20th, Sanjit Biswas sold 263,900 shares of Samsara stock. The shares were sold at an average price of $32.43, for a total transaction of $8,558,277.00.
- On Tuesday, January 6th, Sanjit Biswas sold 263,900 shares of Samsara stock. The shares were sold at an average price of $34.40, for a total transaction of $9,078,160.00.
- 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 shares were sold at an average price of $36.27, for a total transaction of $2,982,917.34.
- On Thursday, December 18th, Sanjit Biswas sold 24,498 shares of Samsara stock. The stock was 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 shares were 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 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 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 shares were sold at an average price of $36.13, for a total transaction of $1,324,670.32.
Samsara Price Performance
Shares of NYSE:IOT opened at $25.39 on Friday. The stock has a market cap of $14.65 billion, a price-to-earnings ratio of -317.38 and a beta of 1.61. Samsara Inc. has a 12 month low of $23.38 and a 12 month high of $61.90. The stock’s 50 day moving average price is $35.11 and its 200 day moving average price is $36.67.
More Samsara News
Here are the key news stories impacting Samsara this week:
- Positive Sentiment: National marketing + product launch: Samsara rolled out an AI “Safety Coach” in a Super Bowl commercial and named NASCAR champion Jesse Love as the avatar — a high‑profile ad that raises brand awareness and highlights a new AI safety offering that could accelerate sales conversations with fleet customers. Read More.
- Positive Sentiment: Marketing/partnership extension: Samsara extended its partnership with Richard Childress Racing, reinforcing its motorsports marketing strategy and repeated exposure to fleet and safety audiences. Read More.
- Neutral Sentiment: Analyst and valuation context: Coverage and commentary continue to debate whether current multiples reflect long‑term growth potential after the stock’s pullback; useful background for longer‑term investors but not an immediate trading catalyst. Read More.
- Neutral Sentiment: Platform/industry analysis: Additional writeups examine platform durability vs peers — informative for institutionals evaluating competitive positioning. Read More.
- Negative Sentiment: Large insider selling: Co‑founders/insiders John Bicket and Sanjit Biswas filed multiple large sales on Feb 3–4 (several transactions ~25.2–$25.3 avg), each reducing holdings by ~40–45% and generating multi‑million dollar proceeds — a material supply signal that can pressure sentiment and headline flow. SEC filings: Read More. and Read More.
- Negative Sentiment: Analyst target cut: Wells Fargo trimmed its price target (reducing headline upside) even while keeping an overweight stance—this can temper momentum among some buy‑side participants. Read More.
Institutional Investors Weigh In On Samsara
A number of institutional investors have recently bought and sold shares of IOT. Baillie Gifford & Co. increased its holdings in shares of Samsara by 15.0% in the 4th quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock valued at $1,689,565,000 after purchasing an additional 6,208,553 shares during the period. Vanguard Group Inc. grew its position in Samsara by 11.5% during the fourth quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock valued at $1,174,620,000 after purchasing an additional 3,417,849 shares in the last quarter. Sands Capital Management LLC increased its stake in Samsara by 6.4% in the 3rd quarter. Sands Capital Management LLC now owns 20,518,332 shares of the company’s stock valued at $764,308,000 after buying an additional 1,242,122 shares during the period. State Street Corp lifted its position in Samsara by 107.8% in the 2nd quarter. State Street Corp now owns 5,611,956 shares of the company’s stock worth $223,244,000 after buying an additional 2,910,916 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Samsara by 65.6% during the 2nd quarter. Geode Capital Management LLC now owns 4,877,254 shares of the company’s stock valued at $193,387,000 after buying an additional 1,931,870 shares during the period. 96.02% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of analysts recently commented on IOT shares. Wells Fargo & Company dropped their target price on shares of Samsara from $52.00 to $43.00 and set an “overweight” rating on the stock in a report on Wednesday. Bank of America upped their price target on Samsara from $53.00 to $55.00 and gave the company a “buy” rating in a report on Friday, December 5th. Royal Bank Of Canada reduced their price objective on Samsara from $50.00 to $46.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. TD Cowen reaffirmed a “buy” rating on shares of Samsara in a research report on Friday, December 5th. Finally, BTIG Research assumed coverage on Samsara in a report on Tuesday, December 16th. They set a “buy” rating and a $55.00 target price for the company. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $48.73.
View Our Latest Stock Analysis on Samsara
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.
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