Insider Selling: Samsara (NYSE:IOT) CEO Sells 40,875 Shares of Company Stock

October 30, 2026 by InsiderTrades.com

Key Points

CEO Sanjit Biswas sold 40,875 Samsara shares at an average price of $41.57, generating approximately $1.70 million. The transaction occurred under a pre-arranged Rule 10b5-1 trading plan and reduced his direct ownership by 8.13% to 461,835 shares.
Biswas has made several other stock sales recently, including roughly 264,000 shares from October 27–29. Combined insider sales, including transactions by other executives, totaled about $23 million and may create a supply or investor-confidence overhang.
Samsara recently exceeded quarterly earnings and revenue expectations, with revenue up 29.9% year over year. Analysts remain broadly positive, assigning the stock a “Moderate Buy” consensus rating and an average price target of $51.68 versus its recent price near $41.51.

Samsara Inc. (NYSE:IOT - Get Free Report) CEO Sanjit Biswas sold 40,875 shares of Samsara stock in a transaction on Thursday, October 29th. The stock was sold at an average price of $41.57, for a total transaction of $1,699,173.75. Following the transaction, the chief executive officer directly owned 461,835 shares in the company, valued at approximately $19,198,480.95. This represents a 8.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Samsara Just Answered The AI Question—Is Wall Street Ready To Listen?

Sanjit Biswas also recently made the following trade(s):

On Tuesday, October 27th, Sanjit Biswas sold 114,813 shares of Samsara stock. The shares were sold at an average price of $43.38, for a total transaction of $4,980,587.94.
On Wednesday, October 28th, Sanjit Biswas sold 108,212 shares of Samsara stock. The shares were sold at an average price of $42.97, for a total transaction of $4,649,869.64.
On Thursday, October 15th, Sanjit Biswas sold 65,402 shares of Samsara stock. The shares were sold at an average price of $42.27, for a total transaction of $2,764,542.54.
On Wednesday, October 14th, Sanjit Biswas sold 103,110 shares of Samsara stock. The stock was sold at an average price of $41.14, for a total value of $4,241,945.40.
On Tuesday, October 13th, Sanjit Biswas sold 95,388 shares of Samsara stock. The stock was sold at an average price of $41.87, for a total value of $3,993,895.56.
On Thursday, October 1st, Sanjit Biswas sold 21,129 shares of Samsara stock. The stock was sold at an average price of $38.81, for a total value of $820,016.49.
On Wednesday, September 30th, Sanjit Biswas sold 84,369 shares of Samsara stock. The shares were sold at an average price of $38.40, for a total value of $3,239,769.60.
On Tuesday, September 29th, Sanjit Biswas sold 158,402 shares of Samsara stock. The shares were sold at an average price of $37.74, for a total value of $5,978,091.48.
On Thursday, August 20th, Sanjit Biswas sold 35,366 shares of Samsara stock. The stock was sold at an average price of $39.43, for a total value of $1,394,481.38.
On Wednesday, August 19th, Sanjit Biswas sold 93,079 shares of Samsara stock. The stock was sold at an average price of $39.94, for a total value of $3,717,575.26.

Samsara Price Performance

NYSE IOT opened at $41.51 on Friday. The firm has a market cap of $24.31 billion, a P/E ratio of 259.41, a P/E/G ratio of 10.56 and a beta of 1.35. The stock's 50-day moving average is $40.53 and its 200-day moving average is $34.26. Samsara Inc. has a one year low of $23.38 and a one year high of $47.47.

Samsara Shows What Happens When Fundamentals Beat Fear

Samsara (NYSE:IOT - Get Free Report) last issued its quarterly earnings data 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. Samsara had a return on equity of 4.13% and a net margin of 4.90%. The business had revenue of $508.44 million during the quarter, compared to analyst estimates of $483.29 million. During the same period in the previous year, the firm earned $0.12 EPS. Samsara's quarterly revenue was up 29.9% compared to the same quarter last year. Samsara has set its FY 2027 guidance at 0.760-0.780 EPS and its Q3 2027 guidance at 0.180-1.090 EPS. Equities analysts anticipate that Samsara Inc. will post 0.13 EPS for the current year.

Hedge Funds Weigh In On Samsara

A number of large investors have recently bought and sold shares of the company. Apollon Wealth Management LLC grew its stake in shares of Samsara by 0.7% during the 3rd quarter. Apollon Wealth Management LLC now owns 34,924 shares of the company's stock worth $1,332,000 after acquiring an additional 257 shares in the last quarter. Cim LLC raised its holdings in shares of Samsara by 1.3% in the first 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. Lido Advisors LLC lifted its position in shares of Samsara by 1.4% in the first quarter. Lido Advisors LLC now owns 40,044 shares of the company's stock worth $1,269,000 after purchasing an additional 534 shares in the last quarter. Moran Wealth Management LLC lifted its position in shares of Samsara by 7.3% in the first quarter. Moran Wealth Management LLC now owns 8,291 shares of the company's stock worth $263,000 after purchasing an additional 562 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in shares of Samsara by 22.4% in the third quarter. GAMMA Investing LLC now owns 3,502 shares of the company's stock worth $134,000 after purchasing an additional 640 shares in the last quarter. Institutional investors and hedge funds own 96.02% of the company's stock.

Analysts Set New Price Targets

Samsara Is Forming a Triple Bottom—Time to Buy?

A number of research analysts have weighed in on the stock. Jefferies Financial Group assumed coverage on shares of Samsara in a research note on Sunday, October 4th. They issued a "buy" rating and a $50.00 price target on the stock. BTIG Research increased their price objective on shares of Samsara from $45.00 to $54.00 and gave the stock a "buy" rating in a research report on Friday, September 4th. Bank of America increased their price objective on shares of Samsara from $47.00 to $55.00 and gave the stock a "buy" rating in a research report on Friday, September 4th. Piper Sandler restated a "neutral" rating and set a $46.00 price objective (up from $40.00) on shares of Samsara in a report on Friday, September 4th. Finally, Wells Fargo & Company boosted their price objective on shares of Samsara from $50.00 to $58.00 and gave the company an "overweight" rating in a research report on Friday, September 4th. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Samsara presently has an average rating of "Moderate Buy" and an average target price of $51.68.

View Our Latest Stock Report on Samsara

Trending Headlines about Samsara

Here are the key news stories impacting Samsara this week:

Positive Sentiment: Analysts remain broadly constructive following Samsara’s latest earnings beat, with several firms raising price targets to between $48 and $55. The average price target is $51.68, compared with the stock’s recent trading range. Samsara Just Answered The AI Question—Is Wall Street Ready To Listen?
Positive Sentiment: Institutional investors have been adding to positions, including Wellington Management, Bank of America, First Trust Advisors and others. Institutions and hedge funds own approximately 96% of the shares, providing an indication of strong professional-investor interest. Samsara Shows What Happens When Fundamentals Beat Fear
Neutral Sentiment: Samsara and Together for Safer Roads launched a fleet-safety program for community food banks. The initiative supports the company’s brand and social-impact profile but is unlikely to materially affect near-term financial results. Together for Safer Roads and Samsara launch US fleet safety program for community food banks
Negative Sentiment: CEO Sanjit Biswas sold roughly 264,000 shares across October 27–29, while insider John Bicket sold a similar amount. Another insider, Adam Eltoukhy, sold 7,306 shares. The combined sales were worth roughly $23 million, creating a notable supply and confidence overhang, even though they were scheduled trades rather than necessarily discretionary sales.

About Samsara

(Get Free Report)

Samsara, Inc is a technology company that provides connected operations solutions for organizations with physical operations. Its Samsara Connected Operations Cloud combines Internet of Things (IoT) hardware, cloud-based software and data analytics to help businesses monitor vehicles, equipment, facilities and frontline operations.

The company's products and services include vehicle telematics, GPS fleet tracking, AI-enabled dash cameras and video-based safety tools, equipment and asset monitoring, electronic logging and compliance solutions, routing and dispatch software, and maintenance and workforce-management applications.