Key Points
- Samsara insider John Bicket sold 168,227 shares on May 12 at an average price of $28.58, generating about $4.81 million. After the sale, he retained 15,200 shares, and the trade was made under a pre-arranged Rule 10b5-1 plan.
- The insider has been actively trimming his stake, with several additional sales in April and May totaling hundreds of thousands of shares. The repeated transactions may weigh on investor sentiment, even though they were pre-planned.
- Samsara’s business performance remains strong despite stock weakness, as the company recently beat quarterly earnings and revenue expectations with 28.3% year-over-year revenue growth. Analysts currently have a Moderate Buy consensus and an average price target of $46.18.
Samsara Inc. (NYSE:IOT - Get Free Report) CAO Benjamin Louis Kirchhoff sold 2,554 shares of the stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $27.47, for a total value of $70,158.38. Following the completion of the sale, the chief accounting officer owned 111,704 shares in the company, valued at approximately $3,068,508.88. This trade represents a 2.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed 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 Monday, April 13th, Benjamin Louis Kirchhoff sold 2,480 shares of Samsara stock. The stock was sold at an average price of $26.02, for a total transaction of $64,529.60.
- On Tuesday, February 17th, Benjamin Louis Kirchhoff sold 1,731 shares of Samsara stock. The shares were sold at an average price of $26.64, for a total transaction of $46,113.84.
Samsara Price Performance
NYSE:IOT opened at $27.99 on Friday. The company has a market cap of $16.25 billion, a P/E ratio of -1,398.75, a P/E/G ratio of 10.09 and a beta of 1.29. The firm's fifty day moving average price is $30.58 and its two-hundred day moving average price is $33.14. Samsara Inc. has a one year low of $23.38 and a one year high of $48.40.
Samsara (NYSE:IOT - Get Free Report) last posted its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.13 by $0.05. The company had revenue of $444.30 million during the quarter, compared to analysts' expectations of $422.29 million. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. Samsara's quarterly revenue was up 28.3% compared to the same quarter last year. During the same quarter last year, the company posted $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 0.06 earnings per share for the current year.
Samsara News Summary
Here are the key news stories impacting Samsara this week:
Institutional Investors Weigh In On Samsara
Institutional investors have recently made changes to their positions in the stock. Baillie Gifford & Co. grew its position in Samsara by 15.0% during the fourth quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company's stock worth $1,689,565,000 after buying an additional 6,208,553 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Samsara by 58.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company's stock valued at $421,079,000 after acquiring an additional 4,401,082 shares in the last quarter. Norges Bank bought a new stake in shares of Samsara during the 4th quarter valued at $127,415,000. Vanguard Group Inc. grew its holdings in shares of Samsara by 11.5% during the 4th quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company's stock worth $1,174,620,000 after purchasing an additional 3,417,849 shares in the last quarter. Finally, Brown Advisory Inc. grew its holdings in shares of Samsara by 42.1% during the 4th quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company's stock worth $397,536,000 after purchasing an additional 3,322,023 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
IOT has been the topic of several research reports. TD Cowen reaffirmed a "buy" rating on shares of Samsara in a research report on Monday, March 2nd. KeyCorp lifted their price target on Samsara from $40.00 to $41.00 and gave the stock an "overweight" rating in a report on Friday, March 6th. Wells Fargo & Company upped their price objective on Samsara from $43.00 to $46.00 and gave the company an "overweight" rating in a report on Friday, March 6th. BNP Paribas Exane upgraded 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. Finally, The Goldman Sachs Group set a $45.00 target price on Samsara in a report on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $46.18.
View Our Latest Research Report on IOT
About Samsara
(
Get Free Report)
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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