Key Points
- Director Marc Andreessen sold 500,000 Samsara shares on June 10 at an average price of $33.68, generating about $16.84 million. After the sale, he still held 2,870,147 shares, and the transaction reduced his position by 14.84%.
- Samsara reported better-than-expected quarterly results, with EPS of $0.17 versus the $0.13 consensus and revenue of $478.84 million versus expectations of $455.21 million. Revenue rose 30.5% year over year, and the company also issued Q2 2027 and FY 2027 guidance.
- Wall Street remains cautiously positive on IOT, with an average analyst rating of “Moderate Buy” and a target price of $46.53. The stock opened at $33.57, and most analysts covering it have buy-equivalent ratings.
Samsara Inc. (NYSE:IOT - Get Free Report) Director Marc Andreessen sold 500,000 shares of the business's stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $33.68, for a total value of $16,840,000.00. Following the completion of the sale, the director directly owned 2,870,147 shares of the company's stock, valued at approximately $96,666,550.96. The trade was a 14.84% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Samsara Stock Performance
Shares of NYSE IOT opened at $33.57 on Friday. The stock has a market cap of $19.50 billion, a price-to-earnings ratio of 335.76, a PEG ratio of 7.54 and a beta of 1.34. The business has a 50 day simple moving average of $30.85 and a 200 day simple moving average of $32.35. Samsara Inc. has a 52 week low of $23.38 and a 52 week high of $47.47.
Samsara (NYSE:IOT - Get Free Report) last announced its quarterly earnings results on Thursday, June 4th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.13 by $0.04. The business had revenue of $478.84 million during the quarter, compared to analysts' expectations of $455.21 million. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The firm's quarterly revenue was up 30.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.11 EPS. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. On average, analysts predict that Samsara Inc. will post 0.15 EPS for the current year.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. Acumen Wealth Advisors LLC acquired a new position in shares of Samsara in the fourth quarter valued at $28,000. Caitong International Asset Management Co. Ltd lifted its holdings in Samsara by 312.6% during 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. AlphaCentric Advisors LLC bought a new position in Samsara during the 4th quarter valued at about $36,000. Optiver Holding B.V. lifted its holdings in Samsara by 953.2% during the 3rd quarter. Optiver Holding B.V. now owns 1,169 shares of the company's stock valued at $44,000 after purchasing an additional 1,058 shares during the last quarter. Finally, IFP Advisors Inc lifted its holdings in Samsara by 194.4% during the 3rd quarter. IFP Advisors Inc now owns 1,254 shares of the company's stock valued at $47,000 after purchasing an additional 828 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities research analysts recently commented on IOT shares. Wolfe Research reissued an "outperform" rating on shares of Samsara in a research note on Thursday. Zacks Research cut Samsara from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, May 5th. UBS Group reissued a "buy" rating and issued a $48.00 price target on shares of Samsara in a research note on Friday, March 6th. Evercore reissued an "outperform" rating on shares of Samsara in a research note on Friday, March 6th. Finally, TD Cowen reissued a "buy" rating on shares of Samsara in a research note on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $46.53.
View Our Latest Stock Analysis 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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