Samsara (NYSE:IOT) Insider Sells $946,764.00 in Stock

May 29, 2026 by InsiderTrades.com

Key Points

Insider John Bicket sold 104,534 Samsara shares on May 26 at an average price of $31.10, worth about $3.25 million. After the sale, he held just 4,600 shares, marking a 95.78% reduction in his ownership.
Bicket has been consistently selling shares in multiple transactions throughout April and May, with several large disposals disclosed in SEC filings. The latest trade was made under a pre-arranged Rule 10b5-1 plan.
Samsara’s fundamentals remain strong despite insider selling, with its latest quarterly results beating analyst estimates on both EPS and revenue. Analysts still rate the stock a Moderate Buy, with a consensus target price of $46.18.

Samsara Inc. (NYSE:IOT - Get Free Report) insider John Bicket sold 30,345 shares of Samsara stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $31.20, for a total transaction of $946,764.00. Following the transaction, the insider directly owned 153,828 shares of the company's stock, valued at approximately $4,799,433.60. This trade represents a 16.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Samsara Shows What Happens When Fundamentals Beat Fear

John Bicket also recently made the following trade(s):

On Wednesday, May 27th, John Bicket sold 129,021 shares of Samsara stock. The stock was sold at an average price of $30.02, for a total transaction of $3,873,210.42.
On Tuesday, May 26th, John Bicket sold 104,534 shares of Samsara stock. The stock was sold at an average price of $31.10, for a total transaction of $3,251,007.40.
On Wednesday, May 13th, John Bicket sold 95,673 shares of Samsara stock. The stock was sold at an average price of $27.47, for a total transaction of $2,628,137.31.
On Tuesday, May 12th, John Bicket sold 168,227 shares of Samsara stock. The stock was sold at an average price of $28.58, for a total transaction of $4,807,927.66.
On Thursday, April 30th, John Bicket sold 72,816 shares of Samsara stock. The stock was sold at an average price of $28.49, for a total transaction of $2,074,527.84.
On Wednesday, April 29th, John Bicket sold 87,227 shares of Samsara stock. The stock was sold at an average price of $29.05, for a total transaction of $2,533,944.35.
On Tuesday, April 28th, John Bicket sold 103,857 shares of Samsara stock. The stock was sold at an average price of $29.50, for a total transaction of $3,063,781.50.
On Wednesday, April 15th, John Bicket sold 96,690 shares of Samsara stock. The stock was sold at an average price of $27.98, for a total transaction of $2,705,386.20.
On Tuesday, April 14th, John Bicket sold 167,210 shares of Samsara stock. The stock was sold at an average price of $26.60, for a total transaction of $4,447,786.00.
On Thursday, April 2nd, John Bicket sold 10,009 shares of Samsara stock. The stock was sold at an average price of $30.96, for a total transaction of $309,878.64.

Samsara Price Performance

IOT stock opened at $31.62 on Friday. The company has a fifty day moving average price of $30.25 and a two-hundred day moving average price of $32.53. The stock has a market cap of $18.36 billion, a price-to-earnings ratio of -1,580.31, a price-to-earnings-growth ratio of 8.77 and a beta of 1.29. Samsara Inc. has a one year low of $23.38 and a one year high of $48.40.

Samsara Is Forming a Triple Bottom—Time to Buy?

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, beating 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% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.11 earnings per share. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. Research analysts anticipate that Samsara Inc. will post 0.08 EPS for the current fiscal year.

Key Headlines Impacting Samsara

Here are the key news stories impacting Samsara this week:

Positive Sentiment: Samsara said it earned the No. 1 spot in 23 Summer 2026 G2 Grid Reports, more than any other fleet technology brand. Because the rankings are based on verified customer reviews, the news highlights strong user satisfaction and could support demand for the platform. Article Title
Positive Sentiment: The G2 recognition reinforces Samsara’s leadership in fleet management, asset tracking, and maintenance software, which may help investor confidence in its growth story and competitive position. Article Title
Neutral Sentiment: Multiple insiders, including co-founder Sanjit Biswas and John Bicket, sold shares in transactions filed with the SEC. The sales were made under pre-arranged 10b5-1 plans, which reduces the likelihood that they signal a sudden change in outlook, but the size of the sales can still weigh on sentiment. Article Title
Negative Sentiment: The insider selling was substantial, with Biswas and Bicket each reducing their holdings sharply, which may raise questions about valuation near recent price levels and could create short-term pressure on the stock. Article Title

Analyst Upgrades and Downgrades

Ignore the Noise—Samsara Stock Is Still a Strong Buy

A number of equities research analysts have recently issued reports on the stock. BTIG Research reduced their target price on shares of Samsara from $55.00 to $45.00 and set a "buy" rating for the company in a research report on Friday, March 6th. KeyCorp boosted their target price on shares of Samsara from $40.00 to $41.00 and gave the company an "overweight" rating in a research report on Friday, March 6th. BMO Capital Markets boosted their target price on shares of Samsara from $40.00 to $44.00 and gave the company an "outperform" rating in a research report on Friday, March 6th. The Goldman Sachs Group set a $45.00 target price on shares of Samsara in a research report on Monday, March 2nd. Finally, TD Cowen reissued a "buy" rating on shares of Samsara in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $46.18.

View Our Latest Report on Samsara

Institutional Investors Weigh In On Samsara

Several institutional investors and hedge funds have recently bought and sold shares of IOT. Baillie Gifford & Co. lifted 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 purchasing an additional 6,208,553 shares during the period. Goldman Sachs Group Inc. lifted its position in Samsara by 58.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company's stock worth $421,079,000 after purchasing an additional 4,401,082 shares during the period. Norges Bank acquired a new position in Samsara during the fourth quarter worth about $127,415,000. Vanguard Group Inc. raised its stake in Samsara by 11.5% during the fourth quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company's stock worth $1,174,620,000 after acquiring an additional 3,417,849 shares in the last quarter. Finally, Brown Advisory Inc. raised its stake in Samsara by 42.1% during the fourth quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company's stock worth $397,536,000 after acquiring an additional 3,322,023 shares in the last quarter. Institutional investors own 96.02% of the company's stock.

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.