Key Points
- Samsara director Jonathan Chadwick sold 10,000 shares on June 15 at an average price of $33.47, totaling $334,700. The sale was made under a pre-arranged Rule 10b5-1 trading plan.
- The company’s latest quarterly results beat expectations, with EPS of $0.17 versus the $0.13 consensus and revenue of $478.84 million versus $455.21 million expected. Revenue rose 30.5% year over year.
- Wall Street remains broadly positive on Samsara, with a consensus rating of “Moderate Buy” and an average price target of $46.53. Institutional investors also own 96.02% of the stock.
Samsara Inc. (NYSE:IOT - Get Free Report) CAO Benjamin Louis Kirchhoff sold 2,549 shares of Samsara stock in a transaction on Monday, June 15th. The shares were sold at an average price of $33.74, for a total transaction of $86,003.26. Following the completion of the sale, the chief accounting officer owned 167,269 shares in the company, valued at $5,643,656.06. The trade was a 1.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Benjamin Louis Kirchhoff also recently made the following trade(s):
- On Wednesday, May 13th, Benjamin Louis Kirchhoff sold 2,554 shares of Samsara stock. The shares were sold at an average price of $27.47, for a total transaction of $70,158.38.
- On Monday, April 13th, Benjamin Louis Kirchhoff sold 2,480 shares of Samsara stock. The shares were sold at an average price of $26.02, for a total transaction of $64,529.60.
Samsara Price Performance
Shares of IOT opened at $31.60 on Thursday. The firm has a 50-day moving average of $30.89 and a 200-day moving average of $32.22. Samsara Inc. has a one year low of $23.38 and a one year high of $47.47. The company has a market cap of $18.35 billion, a PE ratio of 316.04, a price-to-earnings-growth ratio of 7.63 and a beta of 1.34.
Samsara (NYSE:IOT - Get Free Report) last announced its earnings results on Thursday, June 4th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.13 by $0.04. The business had revenue of $478.84 million during the quarter, compared to the consensus estimate of $455.21 million. Samsara had a net margin of 3.32% and a return on equity of 2.00%. Samsara's revenue was up 30.5% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. Analysts expect that Samsara Inc. will post 0.15 earnings per share for the current year.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the business. Acumen Wealth Advisors LLC bought a new position in shares of Samsara during the fourth quarter valued at about $28,000. Caitong International Asset Management Co. Ltd raised its position in Samsara by 312.6% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company's stock worth $31,000 after acquiring an additional 669 shares during the period. AlphaCentric Advisors LLC bought a new stake in Samsara in the fourth quarter worth about $36,000. Optiver Holding B.V. increased its stake in shares of Samsara by 953.2% in the third quarter. Optiver Holding B.V. now owns 1,169 shares of the company's stock worth $44,000 after purchasing an additional 1,058 shares in the last quarter. Finally, IFP Advisors Inc raised 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 acquiring an additional 828 shares during the period. 96.02% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
IOT has been the subject of several analyst reports. Wells Fargo & Company boosted their target price on shares of Samsara from $46.00 to $50.00 and gave the company an "overweight" rating in a research report on Friday, June 5th. Evercore reaffirmed an "outperform" rating on shares of Samsara in a research note on Friday, March 6th. Piper Sandler reaffirmed an "overweight" rating and set a $40.00 price target (up from $39.00) on shares of Samsara in a research note on Friday, June 5th. Wolfe Research reiterated an "outperform" rating on shares of Samsara in a research report on Thursday, June 11th. Finally, BMO Capital Markets increased their price objective on shares of Samsara from $40.00 to $44.00 and gave the stock an "outperform" rating in a research report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Samsara presently has an average rating of "Moderate Buy" and an average price target of $46.53.
Get Our Latest Stock Analysis on IOT
Samsara Company Profile
(
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
