Samsara (NYSE:IOT) Insider Adam Eltoukhy Sells 5,473 Shares

Samsara Inc. (NYSE:IOT) insider Adam Eltoukhy sold 5,473 shares of Samsara stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $33.31, for a total value of $182,305.63. Following the completion of the transaction, the insider owned 190,649 shares of the company’s stock, valued at $6,350,518.19. This trade represents a 2.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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

• On Friday, February 20th, Adam Eltoukhy sold 4,688 shares of Samsara stock. The shares were sold at an average price of $26.79, for a total value of $125,591.52.
• On Tuesday, January 20th, Adam Eltoukhy sold 4,688 shares of Samsara stock. The shares were sold at an average price of $32.54, for a total value of $152,547.52.

Samsara Stock Up 0.1%

NYSE:IOT opened at $33.18 on Tuesday. The company has a market cap of $19.27 billion, a PE ratio of -1,657.92, a P/E/G ratio of 12.15 and a beta of 1.60. The business’s 50 day moving average is $29.95 and its two-hundred day moving average is $35.40. Samsara Inc. has a 52 week low of $23.38 and a 52 week high of $48.40.

Samsara (NYSE:IOT) last issued its quarterly earnings results on Thursday, March 5th. The company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.05. Samsara had a negative return on equity of 0.72% and a negative net margin of 0.56%.The business had revenue of $444.30 million during the quarter, compared to the consensus estimate of $422.29 million. During the same period in the previous year, the business earned $0.11 EPS. The business’s quarterly revenue was up 28.3% on a year-over-year basis. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. As a group, sell-side analysts expect that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Institutional Investors Weigh In On Samsara

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Brighton Jones LLC bought a new position in Samsara in the 4th quarter valued at about $13,464,000. Royal Bank of Canada lifted its stake in shares of Samsara by 100.3% in the 1st quarter. Royal Bank of Canada now owns 96,142 shares of the company’s stock worth $3,686,000 after acquiring an additional 48,135 shares during the period. Jones Financial Companies Lllp boosted its holdings in shares of Samsara by 2,444.6% in the first 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 in the last quarter. Empowered Funds LLC boosted its holdings in shares of Samsara by 3.4% in the first quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after acquiring an additional 335 shares in the last quarter. Finally, Allworth Financial LP increased its stake in shares of Samsara by 906.9% during the second quarter. Allworth Financial LP now owns 1,168 shares of the company’s stock valued at $46,000 after acquiring an additional 1,052 shares during the period. 96.02% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

IOT has been the topic of a number of recent research reports. The Goldman Sachs Group set a $45.00 price target on shares of Samsara in a research report on Monday, March 2nd. JPMorgan Chase & Co. increased their price objective on shares of Samsara from $46.00 to $48.00 and gave the stock a “neutral” rating in a research note on Friday, December 5th. Wells Fargo & Company raised their target price on shares of Samsara from $43.00 to $46.00 and gave the stock an “overweight” rating in a report on Friday, March 6th. BNP Paribas Exane raised shares of Samsara from a “neutral” rating to an “outperform” rating and set a $40.00 target price on the stock in a report on Thursday, January 15th. Finally, BTIG Research lowered their target price on Samsara from $55.00 to $45.00 and set a “buy” rating for the company in a report on Friday, March 6th. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Samsara has an average rating of “Moderate Buy” and a consensus target price of $46.18.

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.