Key Points
- Adam Eltoukhy sold 6,876 Samsara shares for approximately $273,802 at an average price of $39.82 under a pre-arranged Rule 10b5-1 plan, reducing his holdings by 1.59% to 425,080 shares.
- Samsara’s latest quarter beat expectations, with EPS of $0.17 versus $0.13 expected and revenue of $478.84 million, up 30.5% year over year. Shares opened at $41.87, with a market cap of about $24.4 billion.
- Analysts maintain a generally positive view, giving Samsara a “Moderate Buy” consensus rating and an average price target of $46.67; institutional investors own 96.02% of the stock.
Samsara Inc. (NYSE:IOT - Get Free Report) insider Adam Eltoukhy sold 6,876 shares of Samsara stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $39.82, for a total value of $273,802.32. Following the completion of the transaction, the insider owned 425,080 shares of the company's stock, valued at approximately $16,926,685.60. This represents a 1.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Adam Eltoukhy also recently made the following trade(s):
- On Monday, July 27th, Adam Eltoukhy sold 3,653 shares of Samsara stock. The stock was sold at an average price of $34.95, for a total value of $127,672.35.
- On Monday, July 6th, Adam Eltoukhy sold 3,653 shares of Samsara stock. The shares were sold at an average price of $37.00, for a total value of $135,161.00.
- On Monday, June 29th, Adam Eltoukhy sold 2,039 shares of Samsara stock. The shares were sold at an average price of $32.08, for a total value of $65,411.12.
- 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.
Samsara Price Performance
Shares of IOT stock opened at $41.87 on Friday. Samsara Inc. has a 1-year low of $23.38 and a 1-year high of $47.47. The company has a market cap of $24.40 billion, a price-to-earnings ratio of 418.69, a PEG ratio of 8.95 and a beta of 1.34. The stock has a 50 day simple moving average of $36.74 and a 200-day simple moving average of $32.75.
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, beating analysts' consensus estimates of $0.13 by $0.04. The firm had revenue of $478.84 million for the quarter, compared to analysts' expectations of $455.21 million. Samsara had a net margin of 3.32% and a return on equity of 2.00%. The firm's revenue for the quarter was up 30.5% compared to the same quarter last year. During the same quarter last year, the company earned $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 anticipate that Samsara Inc. will post 0.15 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several analysts have recently issued reports on the stock. Wolfe Research reiterated an "outperform" rating on shares of Samsara in a research report on Thursday, June 11th. Piper Sandler downgraded shares of Samsara from an "overweight" rating to a "neutral" rating and set a $40.00 price target for the company. in a research report on Sunday, August 9th. TD Cowen raised their price target on shares of Samsara from $45.00 to $48.00 and gave the company a "buy" rating in a research note on Thursday, August 20th. Wells Fargo & Company lifted their price objective on Samsara from $46.00 to $50.00 and gave the stock an "overweight" rating in a report on Friday, June 5th. Finally, Morgan Stanley set a $43.00 price objective on Samsara in a research note on Tuesday, July 21st. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $46.67.
Check Out Our Latest Research Report on IOT
Hedge Funds Weigh In On Samsara
A number of institutional investors and hedge funds have recently bought and sold shares of the business. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Samsara in the second quarter valued at approximately $4,860,000. California State Teachers Retirement System lifted its position in Samsara by 3,119.1% during the second quarter. California State Teachers Retirement System now owns 15,704,422 shares of the company's stock worth $484,256,000 after buying an additional 15,216,568 shares in the last quarter. Saudi Central Bank boosted its stake in Samsara by 91.8% during the second quarter. Saudi Central Bank now owns 24,500 shares of the company's stock worth $795,000 after buying an additional 11,723 shares during the last quarter. Markowski Investments acquired a new position in Samsara during the second quarter worth $37,000. Finally, Odyssean LLC boosted its stake in Samsara by 6.7% during the second quarter. Odyssean LLC now owns 40,963 shares of the company's stock worth $1,328,000 after buying an additional 2,555 shares during the last quarter. 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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