Key Points
- Insider sale: Dominic Phillips sold 17,908 Samsara shares at an average price of $37.62, generating $673,699. The transaction, conducted under a Rule 10b5-1 plan, reduced his holdings by 1.68% to 1,048,982 shares.
- Strong quarterly results: Samsara reported quarterly EPS of $0.17 versus the $0.13 consensus estimate, while revenue rose 30.5% year over year to $478.84 million, above expectations.
- Positive Wall Street outlook: Analysts maintain a consensus “Moderate Buy” rating with an average price target of $45.33, compared with the stock’s reported opening price of $38.74.
Samsara Inc. (NYSE:IOT - Get Free Report) insider Dominic Phillips sold 17,908 shares of the business's stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $37.62, for a total value of $673,698.96. Following the completion of the sale, the insider directly owned 1,048,982 shares of the company's stock, valued at approximately $39,462,702.84. The trade was a 1.68% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Dominic Phillips also recently made the following trade(s):
- On Monday, August 3rd, Dominic Phillips sold 11,710 shares of Samsara stock. The stock was sold at an average price of $37.62, for a total value of $440,530.20.
- On Wednesday, July 1st, Dominic Phillips sold 17,909 shares of Samsara stock. The shares were sold at an average price of $33.32, for a total transaction of $596,727.88.
- On Wednesday, July 1st, Dominic Phillips sold 12,065 shares of Samsara stock. The stock was sold at an average price of $33.32, for a total transaction of $402,005.80.
- On Friday, June 5th, Dominic Phillips sold 19,547 shares of Samsara stock. The stock was sold at an average price of $35.39, for a total transaction of $691,768.33.
Samsara Trading Up 0.4%
Samsara stock opened at $38.74 on Thursday. Samsara Inc. has a 1-year low of $23.38 and a 1-year high of $47.47. The firm's fifty day simple moving average is $34.87 and its 200-day simple moving average is $31.59. The company has a market capitalization of $22.58 billion, a P/E ratio of 387.46, a P/E/G ratio of 8.67 and a beta of 1.34.
Samsara (NYSE:IOT - Get Free Report) last released its quarterly earnings results on Thursday, June 4th. The company reported $0.17 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $455.21 million. During the same quarter in the prior year, the company posted $0.11 EPS. The firm's revenue was up 30.5% on a year-over-year basis. 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, equities research analysts predict that Samsara Inc. will post 0.15 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on IOT shares. Wells Fargo & Company boosted their price objective on Samsara from $46.00 to $50.00 and gave the stock an "overweight" rating in a research report on Friday, June 5th. Piper Sandler reissued an "overweight" rating and issued a $40.00 price objective (up from $39.00) on shares of Samsara in a research report on Friday, June 5th. BTIG Research reaffirmed a "buy" rating and set a $45.00 target price on shares of Samsara in a research report on Friday, June 26th. Weiss Ratings raised shares of Samsara from a "sell (d-)" rating to a "sell (d+)" rating in a report on Monday, June 15th. Finally, Jefferies Financial Group upgraded shares of Samsara to a "buy" rating in a report on Thursday, June 11th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Samsara presently has a consensus rating of "Moderate Buy" and a consensus price target of $45.33.
View Our Latest Report on Samsara
Hedge Funds Weigh In On Samsara
Hedge funds have recently made changes to their positions in the business. Baillie Gifford & Co. grew its stake in shares of Samsara by 15.0% in the 4th quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company's stock valued at $1,689,565,000 after purchasing an additional 6,208,553 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of Samsara by 58.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company's stock worth $421,079,000 after buying an additional 4,401,082 shares during the period. Norges Bank acquired a new stake in Samsara in the 4th quarter valued at $127,415,000. Vanguard Group Inc. grew its position in Samsara by 11.5% in the fourth quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company's stock valued at $1,174,620,000 after acquiring an additional 3,417,849 shares during the period. 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 and hedge funds 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.
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