Key Points
- Insider selling: Samsara insider John Bicket sold 20,523 shares for approximately $796,908 under a pre-arranged Rule 10b5-1 plan, reducing his direct holdings by 2.06% to 977,398 shares. He has also made several other large stock sales recently.
- Strong quarterly results: Samsara reported adjusted EPS of $0.20, beating the $0.16 consensus estimate, while revenue reached $508.44 million—up 29.9% year over year and above expectations.
- Analyst outlook remains positive, but valuation is elevated: The stock has a “Moderate Buy” consensus rating and an average price target of $52.05, though it trades at a very high earnings multiple, increasing sensitivity to any slowdown in growth.
Samsara Inc. (NYSE:IOT - Get Free Report) insider John Bicket sold 20,523 shares of the business's stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $38.83, for a total transaction of $796,908.09. Following the sale, the insider directly owned 977,398 shares of the company's stock, valued at approximately $37,952,364.34. This represents a 2.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
John Bicket also recently made the following trade(s):
- On Wednesday, September 30th, John Bicket sold 84,950 shares of Samsara stock. The stock was sold at an average price of $38.40, for a total transaction of $3,262,080.00.
- On Tuesday, September 29th, John Bicket sold 158,427 shares of Samsara stock. The stock was sold at an average price of $37.73, for a total transaction of $5,977,450.71.
- On Thursday, August 20th, John Bicket sold 34,557 shares of Samsara stock. The shares were sold at an average price of $39.44, for a total value of $1,362,928.08.
- On Wednesday, August 19th, John Bicket sold 93,365 shares of Samsara stock. The shares were sold at an average price of $39.93, for a total value of $3,728,064.45.
- On Tuesday, August 18th, John Bicket sold 135,978 shares of Samsara stock. The stock was sold at an average price of $39.99, for a total value of $5,437,760.22.
- On Thursday, August 6th, John Bicket sold 57,267 shares of Samsara stock. The stock was sold at an average price of $37.89, for a total value of $2,169,846.63.
- On Wednesday, August 5th, John Bicket sold 87,079 shares of Samsara stock. The shares were sold at an average price of $38.64, for a total value of $3,364,732.56.
- On Tuesday, August 4th, John Bicket sold 119,554 shares of Samsara stock. The shares were sold at an average price of $38.34, for a total value of $4,583,700.36.
- On Wednesday, July 22nd, John Bicket sold 61,352 shares of Samsara stock. The stock was sold at an average price of $33.87, for a total value of $2,077,992.24.
- On Tuesday, July 21st, John Bicket sold 202,548 shares of Samsara stock. The stock was sold at an average price of $36.81, for a total value of $7,455,791.88.
Samsara Stock Performance
IOT stock opened at $40.04 on Friday. The stock has a market capitalization of $23.45 billion, a price-to-earnings ratio of 250.23, a PEG ratio of 9.36 and a beta of 1.35. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $47.47. The stock's fifty day moving average is $39.11 and its two-hundred day moving average is $34.60.
Samsara (NYSE:IOT - Get Free Report) last announced its quarterly earnings results on Thursday, September 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.04. The company had revenue of $508.44 million during the quarter, compared to the consensus estimate of $483.29 million. Samsara had a net margin of 4.90% and a return on equity of 4.13%. The company's revenue for the quarter was up 29.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.12 earnings per share. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. As a group, analysts predict that Samsara Inc. will post 0.13 EPS for the current fiscal year.
Analysts Set New Price Targets
IOT has been the subject of several recent analyst reports. TD Cowen upped their target price on shares of Samsara from $48.00 to $53.00 and gave the stock a "buy" rating in a research report on Friday, September 4th. Jefferies Financial Group raised Samsara to a "buy" rating in a report on Thursday, June 11th. Weiss Ratings downgraded Samsara from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Wednesday, September 9th. Wells Fargo & Company raised their target price on Samsara from $50.00 to $58.00 and gave the company an "overweight" rating in a research report on Friday, September 4th. Finally, Wolfe Research reaffirmed an "outperform" rating on shares of Samsara in a research note on Thursday, June 11th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $52.05.
Check Out Our Latest Analysis on Samsara
Samsara News Roundup
Here are the key news stories impacting Samsara this week:
- Positive Sentiment: Analysts maintain a bullish outlook on Samsara, with a consensus “Moderate Buy” rating and an average price target of $52.05. Several firms recently raised their targets to between $53 and $58, implying meaningful upside from recent trading levels. Samsara Inc. Stock Has Average Price Target of $52.05 According to Analysts
- Positive Sentiment: Institutional ownership remains high at approximately 96%. Major investors including Goldman Sachs, Brown Advisory, Wellington Management, Geode Capital and Bamco recently increased their positions, supporting investor confidence in the connected-operations software company.
- Positive Sentiment: Samsara’s latest quarterly results exceeded expectations: earnings per share were $0.20 versus a $0.16 consensus estimate, while revenue of $508.44 million topped the $483.29 million forecast and grew 29.9% year over year. The company also issued fiscal 2027 EPS guidance of $0.760–$0.780.
- Negative Sentiment: CEO Sanjit Biswas and insider John Bicket collectively sold roughly 528,000 shares from September 29 through October 1, worth about $20.1 million. The sales substantially reduced their direct holdings and could raise concerns about insider conviction. However, all of the transactions were executed under pre-arranged Rule 10b5-1 trading plans, which reduces their significance as a discretionary bearish signal. SEC Insider Trading Filing
- Neutral Sentiment: Valuation remains a risk: Samsara trades at a very high earnings multiple, making the stock sensitive to any slowdown in growth, weaker guidance or a shift away from premium-valued software companies.
Institutional Trading of Samsara
A number of hedge funds and other institutional investors have recently made changes to their positions in IOT. Markowski Investments acquired a new stake in shares of Samsara in the 2nd quarter worth approximately $37,000. Parkside Financial Bank & Trust increased its stake in shares of Samsara by 91.0% during the second quarter. Parkside Financial Bank & Trust now owns 1,377 shares of the company's stock valued at $45,000 after acquiring an additional 656 shares during the period. Anchor Investment Management LLC acquired a new position in shares of Samsara during the second quarter valued at approximately $46,000. CX Institutional bought a new stake in Samsara during the second quarter worth approximately $64,000. Finally, International Assets Investment Management LLC raised its holdings in Samsara by 444.3% during the first quarter. International Assets Investment Management LLC now owns 2,961 shares of the company's stock worth $94,000 after purchasing an additional 2,417 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors.
Samsara Company Profile
(
Get Free Report)
Samsara Inc is a technology company that provides connected operations solutions for organizations with physical operations. Its platform combines Internet of Things (IoT) hardware, cloud-based software and data analytics to help businesses monitor vehicles, equipment, worksites and mobile workforces.
The Samsara Connected Operations Cloud includes vehicle telematics, GPS tracking, video-based safety, routing and dispatch tools, equipment monitoring, workforce and workflow management, and compliance solutions.
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