Key Points
- CAO Benjamin Louis Kirchhoff sold 2,480 shares of Samsara on April 13 at an average price of $26.02 under a pre-arranged Rule 10b5-1 plan, reducing his stake by 2.12% to 114,258 shares (≈$2.97M).
- Samsara beat Q1 estimates, reporting $0.18 EPS vs. $0.13 expected and revenue of $444.3M (up 28.3% YoY), and set Q1 2027 guidance of $0.120–0.130 and FY2027 guidance of $0.650–0.690.
- The stock has a consensus rating of "Moderate Buy" with a $46.18 price target, trades near $26.50, and is ~96% owned by institutional investors.
Samsara Inc. (NYSE:IOT - Get Free Report) CAO Benjamin Louis Kirchhoff sold 2,480 shares of the firm's stock in a transaction on Monday, April 13th. The stock was sold at an average price of $26.02, for a total value of $64,529.60. Following the transaction, the chief accounting officer directly owned 114,258 shares of the company's stock, valued at approximately $2,972,993.16. This represents a 2.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Benjamin Louis Kirchhoff also recently made the following trade(s):
- On Tuesday, February 17th, Benjamin Louis Kirchhoff sold 1,731 shares of Samsara stock. The stock was sold at an average price of $26.64, for a total value of $46,113.84.
- On Thursday, January 15th, Benjamin Louis Kirchhoff sold 1,683 shares of Samsara stock. The stock was sold at an average price of $34.53, for a total value of $58,113.99.
Samsara Stock Down 0.3%
Shares of NYSE:IOT opened at $26.51 on Wednesday. The firm has a market cap of $15.39 billion, a P/E ratio of -1,324.84, a P/E/G ratio of 9.75 and a beta of 1.50. Samsara Inc. has a 12-month low of $23.38 and a 12-month high of $48.40. The business has a fifty day simple moving average of $29.55 and a 200 day simple moving average of $34.37.
Samsara (NYSE:IOT - Get Free Report) last announced its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.05. The business had revenue of $444.30 million during the quarter, compared to analyst estimates of $422.29 million. Samsara had a negative return on equity of 0.72% and a negative net margin of 0.56%.Samsara's revenue for the quarter was up 28.3% compared to the same quarter last year. During the same period last year, the company earned $0.11 EPS. 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, equities research analysts expect that Samsara Inc. will post -0.3 EPS for the current year.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Acumen Wealth Advisors LLC acquired a new position in Samsara during the 4th quarter worth approximately $28,000. Versant Capital Management Inc raised its stake in Samsara by 6,078.6% during the 3rd quarter. Versant Capital Management Inc now owns 865 shares of the company's stock worth $32,000 after buying an additional 851 shares during the period. Caitong International Asset Management Co. Ltd raised its stake in Samsara by 312.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company's stock worth $31,000 after buying an additional 669 shares during the period. AlphaCentric Advisors LLC acquired a new position in Samsara during the 4th quarter worth approximately $36,000. Finally, Optiver Holding B.V. raised its stake in Samsara by 953.2% during the 3rd quarter. Optiver Holding B.V. now owns 1,169 shares of the company's stock worth $44,000 after buying an additional 1,058 shares during the period. 96.02% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
IOT has been the topic of a number of recent analyst reports. BTIG Research dropped their price objective on Samsara from $55.00 to $45.00 and set a "buy" rating on the stock in a research note on Friday, March 6th. Truist Financial cut their target price on Samsara from $39.00 to $30.00 and set a "hold" rating on the stock in a research report on Tuesday, February 17th. Zacks Research upgraded Samsara from a "hold" rating to a "strong-buy" rating in a research report on Friday, March 13th. Evercore restated an "outperform" rating on shares of Samsara in a research report on Friday, March 6th. Finally, BMO Capital Markets upped their target price on Samsara from $40.00 to $44.00 and gave the company an "outperform" rating in a research report on Friday, March 6th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $46.18.
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About Samsara
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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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