Samsara Inc. (NYSE:IOT – Get Free Report) insider Adam Eltoukhy sold 7,306 shares of the business’s stock in a transaction dated Friday, September 25th. The shares were sold at an average price of $39.07, for a total transaction of $285,445.42. Following the transaction, the insider directly owned 381,854 shares in the company, valued at approximately $14,919,035.78. The trade was a 1.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Adam Eltoukhy also recently made the following trade(s):
- On Tuesday, August 25th, Adam Eltoukhy sold 6,876 shares of Samsara stock. The stock was sold at an average price of $39.82, for a total transaction of $273,802.32.
- On Monday, July 27th, Adam Eltoukhy sold 3,653 shares of Samsara stock. The shares were sold at an average price of $34.95, for a total transaction 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 transaction of $135,161.00.
Samsara Stock Performance
Shares of NYSE IOT traded up $0.07 during midday trading on Tuesday, reaching $38.00. 5,591,423 shares of the stock were exchanged, compared to its average volume of 7,568,767. The company has a 50 day simple moving average of $38.80 and a 200 day simple moving average of $34.45. The stock has a market capitalization of $22.25 billion, a P/E ratio of 344.82, a PEG ratio of 9.31 and a beta of 1.35. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $47.47.
Samsara (NYSE:IOT – Get Free Report) last released its quarterly earnings data on Thursday, September 3rd. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.04. The firm had revenue of $508.44 million for the quarter, compared to analysts’ expectations of $483.29 million. Samsara had a return on equity of 4.13% and a net margin of 4.90%.The firm’s quarterly revenue was up 29.9% on a year-over-year basis. During the same period in the prior year, the firm 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. On average, research analysts expect that Samsara Inc. will post 0.13 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on the company. Evercore reissued an “outperform” rating and set a $55.00 price objective on shares of Samsara in a research report on Friday, September 4th. Morgan Stanley increased their target price on shares of Samsara from $43.00 to $49.00 and gave the stock an “equal weight” rating in a research note on Friday, September 4th. Bank of America boosted their price target on shares of Samsara from $47.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, September 4th. Wells Fargo & Company raised their price target on Samsara from $50.00 to $58.00 and gave the stock an “overweight” rating in a research report on Friday, September 4th. Finally, Wall Street Zen upgraded Samsara from a “hold” rating to a “buy” rating in a research note on Saturday, September 12th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Samsara presently has an average rating of “Moderate Buy” and an average price target of $52.05.
Get Our Latest Stock Report on Samsara
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in IOT. Markowski Investments purchased a new stake in shares of Samsara during the 2nd quarter worth $37,000. Parkside Financial Bank & Trust increased its holdings in Samsara by 91.0% in the second quarter. Parkside Financial Bank & Trust now owns 1,377 shares of the company’s stock valued at $45,000 after buying an additional 656 shares during the last quarter. Anchor Investment Management LLC acquired a new stake in Samsara in the second quarter valued at $46,000. CX Institutional acquired a new stake in Samsara in the second quarter valued at $64,000. Finally, International Assets Investment Management LLC lifted its holdings in Samsara by 444.3% during the 1st quarter. International Assets Investment Management LLC now owns 2,961 shares of the company’s stock worth $94,000 after buying an additional 2,417 shares during the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.
About Samsara
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.
Further Reading
- Five stocks we like better than Samsara
- CarMax Just Gave Investors a Better Reason to Believe in the Turnaround
- CoreWeave Comes With Risks: Analysts Split on What Matters Most
- Bottlenecking the Future: TSMC Prices Out the Competition
- Fervo Energy Hits Geothermal Milestone: Will It Matter For The Stock?
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Should You Invest $1,000 in Samsara Right Now?
Before you consider Samsara, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Samsara wasn’t on the list.
While Samsara currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
