Samsara (NYSE:IOT) Stock Price Down 9.2% on Insider Selling

Samsara Inc. (NYSE:IOT) shares were down 9.2% during trading on Monday after an insider sold shares in the company. The stock traded as low as $24.35 and last traded at $24.3310. Approximately 2,731,049 shares were traded during trading, a decline of 68% from the average daily volume of 8,435,203 shares. The stock had previously closed at $26.79.

Specifically, insider Adam Eltoukhy sold 4,688 shares of the stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $26.79, for a total transaction of $125,591.52. Following the transaction, the insider owned 246,675 shares of the company’s stock, valued at approximately $6,608,423.25. This represents a 1.87% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider John Bicket sold 263,900 shares of Samsara stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $25.87, for a total value of $6,827,093.00. Following the completion of the transaction, the insider directly owned 57,600 shares of the company’s stock, valued at approximately $1,490,112. This represents a 82.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In other news, insider Sanjit Biswas sold 263,900 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $25.87, for a total transaction of $6,827,093.00. Following the sale, the insider owned 57,600 shares of the company’s stock, valued at approximately $1,490,112. This represents a 82.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Analyst Ratings Changes

IOT has been the topic of several recent research reports. Zacks Research downgraded shares of Samsara from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. BNP Paribas Exane raised Samsara from a “neutral” rating to an “outperform” rating and set a $40.00 price objective on the stock in a research report on Thursday, January 15th. TD Cowen reiterated a “buy” rating on shares of Samsara in a research note on Friday, December 5th. BTIG Research began coverage on Samsara in a report on Tuesday, December 16th. They issued a “buy” rating and a $55.00 target price for the company. Finally, Bank of America upped their price target on Samsara from $53.00 to $55.00 and gave the stock a “buy” rating in a report on Friday, December 5th. Two 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 given a Sell rating to the company. According to data from MarketBeat, Samsara has a consensus rating of “Moderate Buy” and a consensus price target of $46.69.

Samsara Stock Performance

The firm has a market cap of $14.26 billion, a PE ratio of -308.98 and a beta of 1.61. The firm’s 50-day moving average price is $31.87 and its two-hundred day moving average price is $35.82.

Samsara (NYSE:IOT) last posted its 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). Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. The company had revenue of $415.98 million during the quarter, compared to analysts’ expectations of $398.92 million. During the same period last year, the business earned $0.07 earnings per share. The company’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 predict that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Institutional Trading of Samsara

A number of large investors have recently made changes to their positions in IOT. Catalyst Capital Advisors LLC purchased a new position in Samsara during the 2nd quarter worth approximately $28,000. Acumen Wealth Advisors LLC acquired a new stake in shares of Samsara in the fourth quarter valued at approximately $28,000. Versant Capital Management Inc grew its position in shares of Samsara by 6,078.6% during the third quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock worth $32,000 after acquiring an additional 851 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its position in Samsara by 312.6% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock valued at $31,000 after purchasing an additional 669 shares during the last quarter. Finally, AlphaCentric Advisors LLC acquired a new stake in Samsara during the 4th quarter worth $36,000. 96.02% of the stock is owned by institutional investors and hedge funds.

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.