Samsara Inc. (NYSE:IOT) Short Interest Up 22.9% in January

Samsara Inc. (NYSE:IOT) saw a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 28,172,447 shares, an increase of 22.9% from the January 15th total of 22,922,656 shares. Based on an average daily volume of 7,700,692 shares, the days-to-cover ratio is currently 3.7 days. Approximately 9.1% of the company’s stock are sold short. Approximately 9.1% of the company’s stock are sold short. Based on an average daily volume of 7,700,692 shares, the days-to-cover ratio is currently 3.7 days.

Insider Buying and Selling

In other news, insider Sanjit Biswas sold 208,081 shares of Samsara stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $25.19, for a total value of $5,241,560.39. Following the completion of the transaction, the insider owned 294,100 shares in the company, valued at approximately $7,408,379. This trade represents a 41.44% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Adam Eltoukhy sold 4,688 shares of the company’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $32.54, for a total transaction of $152,547.52. Following the sale, the insider owned 246,675 shares in the company, valued at $8,026,804.50. The trade was a 1.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 2,807,234 shares of company stock worth $94,736,637 over the last 90 days. 46.49% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in IOT. Brighton Jones LLC purchased a new position in shares of Samsara in the 4th quarter valued at about $13,464,000. Royal Bank of Canada increased its holdings in Samsara by 100.3% in the first quarter. Royal Bank of Canada now owns 96,142 shares of the company’s stock valued at $3,686,000 after buying an additional 48,135 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of Samsara by 2,444.6% during the 1st quarter. Jones Financial Companies Lllp now owns 17,787 shares of the company’s stock valued at $682,000 after acquiring an additional 17,088 shares during the period. Empowered Funds LLC lifted its position in shares of Samsara by 3.4% during the 1st quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after acquiring an additional 335 shares during the period. Finally, Vanguard Personalized Indexing Management LLC boosted its stake in shares of Samsara by 6.1% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 23,746 shares of the company’s stock worth $945,000 after acquiring an additional 1,370 shares in the last quarter. 96.02% of the stock is owned by hedge funds and other institutional investors.

Samsara Stock Performance

Shares of Samsara stock opened at $27.34 on Tuesday. The company has a market capitalization of $15.77 billion, a P/E ratio of -341.69 and a beta of 1.61. Samsara has a 1 year low of $23.38 and a 1 year high of $61.90. The company’s fifty day moving average is $33.51 and its two-hundred day moving average is $36.16.

Samsara (NYSE:IOT) last announced its earnings results 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). Samsara had a negative return on equity of 3.49% and a negative net margin of 2.79%.The business had revenue of $415.98 million for the quarter, compared to analyst estimates of $398.92 million. During the same quarter last year, the company posted $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, equities analysts expect that Samsara will post -0.3 earnings per share for the current year.

Wall Street Analyst Weigh In

IOT has been the topic of several recent analyst reports. Royal Bank Of Canada set a $35.00 price target on shares of Samsara in a research note on Wednesday, February 11th. Piper Sandler reaffirmed an “overweight” rating and issued a $37.00 target price (down from $49.00) on shares of Samsara in a research report on Friday, February 6th. BTIG Research initiated coverage on shares of Samsara in a research note on Tuesday, December 16th. They set a “buy” rating and a $55.00 price target on the stock. Zacks Research downgraded shares of Samsara from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. Finally, BMO Capital Markets raised their price objective on Samsara from $47.00 to $50.00 and gave the stock an “outperform” rating in a report on Friday, December 5th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Samsara has a consensus rating of “Moderate Buy” and an average price target of $47.25.

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.