Key Points
- John Bicket sold 65,209 Samsara shares at an average price of $42.27, generating approximately $2.76 million. The Rule 10b5-1 transaction reduced his ownership by 7.81%, leaving him with 769,398 shares.
- Samsara recently reported stronger-than-expected quarterly results, with EPS of $0.20 versus the $0.16 consensus estimate and revenue of $508.44 million, up 29.9% year over year.
- Despite substantial insider selling by Bicket and CEO Sanjit Biswas, analysts remain positive, with a consensus “Moderate Buy” rating and an average price target of $51.68 versus the stock’s reported $42.61 opening price.
Samsara Inc. (NYSE:IOT - Get Free Report) insider John Bicket sold 65,209 shares of Samsara stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $42.27, for a total transaction of $2,756,384.43. Following the completion of the sale, the insider owned 769,398 shares of the company's stock, valued at $32,522,453.46. This trade represents a 7.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
John Bicket also recently made the following trade(s):
- On Wednesday, October 14th, John Bicket sold 103,206 shares of Samsara stock. The stock was sold at an average price of $41.14, for a total transaction of $4,245,894.84.
- On Tuesday, October 13th, John Bicket sold 95,485 shares of Samsara stock. The stock was sold at an average price of $41.87, for a total transaction of $3,997,956.95.
- On Thursday, October 1st, John Bicket sold 20,523 shares of Samsara stock. The shares were sold at an average price of $38.83, for a total transaction of $796,908.09.
- On Wednesday, September 30th, John Bicket sold 84,950 shares of Samsara stock. The shares were 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 shares were 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 stock was sold at an average price of $39.44, for a total transaction of $1,362,928.08.
- On Wednesday, August 19th, John Bicket sold 93,365 shares of Samsara stock. The stock was sold at an average price of $39.93, for a total transaction 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 transaction 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 transaction 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.
Samsara Price Performance
Shares of NYSE:IOT opened at $42.61 on Friday. Samsara Inc. has a fifty-two week low of $23.38 and a fifty-two week high of $47.47. The business has a 50-day moving average of $39.98 and a two-hundred day moving average of $35.23. The stock has a market capitalization of $24.95 billion, a P/E ratio of 266.32, a P/E/G ratio of 10.02 and a beta of 1.35.
Samsara (NYSE:IOT - Get Free Report) last released its quarterly earnings results on Thursday, September 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, topping 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 return on equity of 4.13% and a net margin of 4.90%. The firm's revenue was up 29.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.12 EPS. 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, research analysts expect that Samsara Inc. will post 0.13 EPS for the current fiscal year.
Key Stories Impacting Samsara
Here are the key news stories impacting Samsara this week:
- Positive Sentiment: Tracking Label wins TIME recognition: Samsara’s disposable Bluetooth Tracking Label was named one of TIME’s Best Inventions of 2026 in the Logistics category. The product provides near-real-time shipment visibility across carriers and expands Samsara’s Connected Operations platform into high-value shipments, packages and pallets. The award adds credibility to the company’s product innovation and growth prospects. Samsara Tracking Label Named to TIME's Best Inventions of 2026
- Neutral Sentiment: Fleet-employer scholarship recipients announced: Samsara and Trucking HR Canada announced the recipients of a scholarship recognizing top fleet employers. The announcement supports Samsara’s engagement with transportation and fleet-management customers but is unlikely to materially affect near-term financial results. Samsara and Trucking HR Canada Announce Recipients of Top Fleet Employers Scholarship
- Negative Sentiment: CEO and co-founder insider sales: CEO Sanjit Biswas sold a combined 263,900 shares for approximately $11.0 million across October 13–15, reducing his reported position by about 70% from the transactions. Co-founder John Bicket sold 263,900 shares worth approximately $11.0 million over the same period, also substantially reducing his holdings. The sales could raise concerns because of their size, but all were executed under pre-arranged Rule 10b5-1 trading plans, which indicates they were scheduled in advance and does not necessarily signal deteriorating confidence in Samsara’s business. SEC insider trading filing for John Bicket
Analysts Set New Price Targets
IOT has been the subject of a number of recent analyst reports. Cantor Fitzgerald initiated coverage on Samsara in a research report on Monday, September 14th. They set an "overweight" rating and a $45.00 target price for the company. Jefferies Financial Group began coverage on Samsara in a report on Sunday, October 4th. They set a "buy" rating and a $50.00 price target on the stock. Guggenheim lifted their price target on shares of Samsara from $45.00 to $51.00 and gave the company a "buy" rating in a research report on Friday, September 4th. KeyCorp boosted their price objective on shares of Samsara from $46.00 to $55.00 and gave the stock an "overweight" rating in a research note on Friday, September 4th. Finally, Wall Street Zen raised shares of Samsara from a "hold" rating to a "buy" rating in a report on Saturday, September 12th. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Samsara currently has a consensus rating of "Moderate Buy" and a consensus target price of $51.68.
Check Out Our Latest Stock Report on IOT
Hedge Funds Weigh In On Samsara
A number of institutional investors have recently made changes to their positions in IOT. USS Investment Management Ltd bought a new stake in Samsara during the 1st quarter valued at approximately $28,232,000. Spyglass Capital Management LLC grew its holdings in Samsara by 25.5% in the 1st quarter. Spyglass Capital Management LLC now owns 2,946,646 shares of the company's stock valued at $93,379,000 after buying an additional 599,651 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Samsara in the 2nd quarter valued at approximately $4,860,000. Tidal Investments LLC increased its position in Samsara by 347.6% in the 2nd quarter. Tidal Investments LLC now owns 72,129 shares of the company's stock worth $2,339,000 after buying an additional 56,016 shares during the period. Finally, Fifth Third Bancorp increased its position in Samsara by 226.3% in the 1st quarter. Fifth Third Bancorp now owns 54,335 shares of the company's stock worth $1,722,000 after buying an additional 37,683 shares during the period. 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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