Investors Purchase High Volume of Samsara Call Options (NYSE:IOT)

Samsara Inc. (NYSE:IOT) was the recipient of some unusual options trading activity on Tuesday. Investors purchased 11,970 call options on the stock. This is an increase of approximately 60% compared to the typical daily volume of 7,499 call options.

Samsara Trading Down 6.6%

NYSE:IOT opened at $36.00 on Wednesday. The stock has a market capitalization of $20.98 billion, a P/E ratio of 360.07, a price-to-earnings-growth ratio of 9.04 and a beta of 1.35. Samsara has a 1 year low of $23.38 and a 1 year high of $47.47. The firm has a 50 day moving average of $33.52 and a 200-day moving average of $31.45.

Samsara (NYSE:IOT) last released its quarterly earnings results on Thursday, June 4th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The business had revenue of $478.84 million for the quarter, compared to analyst estimates of $455.21 million. During the same period in the prior year, the company earned $0.11 EPS. Samsara’s revenue for the quarter was up 30.5% on a year-over-year basis. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. As a group, analysts forecast that Samsara will post 0.15 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

IOT has been the subject of several analyst reports. Weiss Ratings upgraded Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Monday, June 15th. BTIG Research reiterated a “buy” rating and issued a $45.00 price target on shares of Samsara in a research report on Friday, June 26th. Royal Bank Of Canada increased their price objective on Samsara from $41.00 to $42.00 and gave the stock an “outperform” rating in a research note on Friday, June 5th. TD Cowen reissued a “buy” rating and set a $45.00 price objective on shares of Samsara in a report on Thursday, June 25th. Finally, Zacks Research downgraded shares of Samsara from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $45.35.

Insider Activity

In other news, Director Marc L. Andreessen sold 613,660 shares of the stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $32.27, for a total value of $19,802,808.20. Following the completion of the transaction, the director owned 2,256,487 shares in the company, valued at approximately $72,816,835.49. This represents a 21.38% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider John Bicket sold 245,925 shares of Samsara stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $36.77, for a total transaction of $9,042,662.25. Following the sale, the insider owned 94,000 shares in the company, valued at approximately $3,456,380. This trade represents a 72.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 4,464,637 shares of company stock worth $144,511,167. 35.13% of the stock is currently owned by corporate insiders.

Institutional Trading of Samsara

Hedge funds and other institutional investors have recently made changes to their positions in the business. Brighton Jones LLC acquired a new stake in Samsara in the 4th quarter valued at about $13,464,000. Royal Bank of Canada lifted its position in shares of Samsara by 100.3% during the first quarter. Royal Bank of Canada now owns 96,142 shares of the company’s stock worth $3,686,000 after purchasing an additional 48,135 shares in the last quarter. Jones Financial Companies Lllp grew its stake in shares of Samsara by 2,444.6% during the first quarter. Jones Financial Companies Lllp now owns 17,787 shares of the company’s stock valued at $682,000 after purchasing an additional 17,088 shares during the last quarter. Empowered Funds LLC increased 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 purchasing an additional 335 shares in the last quarter. Finally, Marshall Wace LLP increased its holdings in shares of Samsara by 142.4% in the second quarter. Marshall Wace LLP now owns 68,860 shares of the company’s stock valued at $2,739,000 after purchasing an additional 40,450 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Samsara Company Profile

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.