Key Points
- Insider sale: Samsara insider Adam Eltoukhy sold 2,039 shares on June 29 at an average price of $32.08, totaling about $65,411. The sale was made under a pre-arranged Rule 10b5-1 trading plan.
- Recent insider activity: Eltoukhy has also sold shares several times in recent months, including transactions on June 22, May 20, and April 20, indicating a steady pattern of share reductions.
- Company momentum and outlook: Samsara recently beat earnings and revenue estimates, with quarterly revenue up 30.5% year over year. Analysts remain mostly bullish, with a consensus rating of Moderate Buy and an average price target of $45.94.
Samsara Inc. (NYSE:IOT - Get Free Report) insider Adam Eltoukhy sold 2,039 shares of the company's stock in a transaction on Monday, June 29th. The stock was sold at an average price of $32.08, for a total value of $65,411.12. Following the sale, the insider owned 425,080 shares of the company's stock, valued at approximately $13,636,566.40. This represents a 0.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Adam Eltoukhy also recently made the following trade(s):
- On Monday, June 22nd, Adam Eltoukhy sold 1,614 shares of Samsara stock. The shares were sold at an average price of $32.21, for a total value of $51,986.94.
- On Wednesday, May 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The shares were sold at an average price of $30.21, for a total value of $165,339.33.
- On Monday, April 20th, Adam Eltoukhy sold 5,473 shares of Samsara stock. The stock was sold at an average price of $30.68, for a total value of $167,911.64.
Samsara Price Performance
Shares of NYSE IOT opened at $32.51 on Wednesday. The stock has a market capitalization of $18.94 billion, a P/E ratio of 325.13, a price-to-earnings-growth ratio of 7.53 and a beta of 1.34. Samsara Inc. has a 1-year low of $23.38 and a 1-year high of $47.47. The business has a fifty day moving average price of $31.43 and a 200 day moving average price of $31.59.
Samsara (NYSE:IOT - Get Free Report) last posted its earnings results on Thursday, June 4th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.04. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The company had revenue of $478.84 million for the quarter, compared to analyst estimates of $455.21 million. During the same quarter in the previous year, the firm earned $0.11 earnings per share. The firm's quarterly revenue was up 30.5% compared to the same quarter last year. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. As a group, equities research analysts anticipate that Samsara Inc. will post 0.15 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on IOT. KeyCorp reaffirmed an "overweight" rating on shares of Samsara in a research report on Friday. Wells Fargo & Company increased 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. TD Cowen restated a "buy" rating and issued a $45.00 target price on shares of Samsara in a research note on Thursday, June 25th. Weiss Ratings raised shares of Samsara from a "sell (d-)" rating to a "sell (d+)" rating in a report on Monday, June 15th. Finally, BTIG Research reaffirmed a "buy" rating and issued a $45.00 price target on shares of Samsara in a report on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $45.94.
Get Our Latest Research Report on IOT
Institutional Investors Weigh In On Samsara
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Evolutionary Tree Capital Management LLC acquired a new position in shares of Samsara in the 1st quarter valued at $1,340,000. Bank of America Corp DE lifted its position in Samsara by 41.5% during the 1st quarter. Bank of America Corp DE now owns 2,710,202 shares of the company's stock worth $85,886,000 after acquiring an additional 794,255 shares during the period. Cim LLC grew its stake in Samsara by 1.3% during the 1st quarter. Cim LLC now owns 34,505 shares of the company's stock valued at $1,093,000 after purchasing an additional 455 shares during the last quarter. Spyglass Capital Management LLC grew its stake in Samsara by 25.5% during the 1st quarter. Spyglass Capital Management LLC now owns 2,946,646 shares of the company's stock valued at $93,379,000 after purchasing an additional 599,651 shares during the last quarter. Finally, Sunbelt Securities Inc. increased its holdings in shares of Samsara by 36.5% in the first quarter. Sunbelt Securities Inc. now owns 11,400 shares of the company's stock valued at $361,000 after purchasing an additional 3,050 shares during the period. 96.02% of the stock is currently owned by institutional investors and hedge funds.
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.
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