Samsara (NYSE:IOT) Shares Down 9.2% on Insider Selling

Samsara Inc. (NYSE:IOT)’s share price fell 9.2% during trading on Monday after an insider sold shares in the company. The stock traded as low as $24.35 and last traded at $24.3310. 2,731,049 shares changed hands during mid-day trading, a decline of 68% from the average session volume of 8,435,203 shares. The stock had previously closed at $26.79.

Specifically, insider Adam Eltoukhy sold 4,688 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $26.79, for a total value of $125,591.52. Following the transaction, the insider owned 246,675 shares in the company, valued at approximately $6,608,423.25. The trade was a 1.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John Bicket sold 263,900 shares of the stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $25.87, for a total transaction of $6,827,093.00. Following the sale, the insider owned 57,600 shares of the company’s stock, valued at approximately $1,490,112. This represents a 82.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In related news, insider Sanjit Biswas sold 263,900 shares of the business’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $25.87, for a total transaction of $6,827,093.00. Following the transaction, the insider owned 57,600 shares in the company, valued at $1,490,112. The trade was a 82.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Wall Street Analyst Weigh In

Several research firms have weighed in on IOT. JPMorgan Chase & Co. increased their price objective on Samsara from $46.00 to $48.00 and gave the stock a “neutral” rating in a report on Friday, December 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Samsara in a research note on Thursday, January 22nd. Piper Sandler reissued an “overweight” rating and set a $37.00 price objective (down from $49.00) on shares of Samsara in a research report on Friday, February 6th. The Goldman Sachs Group initiated coverage on shares of Samsara in a report on Wednesday, February 11th. They issued a “buy” rating and a $36.00 price objective for the company. Finally, BTIG Research started coverage on shares of Samsara in a research note on Tuesday, December 16th. They set a “buy” rating and a $55.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Samsara has a consensus rating of “Moderate Buy” and a consensus target price of $46.69.

Samsara Trading Up 5.7%

The company has a market capitalization of $15.08 billion, a P/E ratio of -326.76 and a beta of 1.61. The company’s 50 day moving average is $31.61 and its 200-day moving average is $35.76.

Samsara (NYSE:IOT) last announced its quarterly earnings data on Thursday, December 4th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.11). Samsara had a negative return on equity of 3.49% and a negative net margin of 2.79%.The business had revenue of $415.98 million during the quarter, compared to analysts’ expectations of $398.92 million. During the same quarter last year, the company posted $0.07 EPS. Samsara’s revenue for the quarter was up 29.2% compared to the same quarter last year. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. Analysts predict that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Virtu Financial LLC bought a new stake in Samsara in the fourth quarter worth $591,000. Invesco Ltd. raised its position in shares of Samsara by 153.1% in the 4th quarter. Invesco Ltd. now owns 889,290 shares of the company’s stock worth $31,525,000 after purchasing an additional 537,966 shares during the last quarter. Alberta Investment Management Corp bought a new position in Samsara in the 4th quarter worth about $1,241,000. Mercer Global Advisors Inc. ADV grew its position in Samsara by 352.8% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 80,361 shares of the company’s stock valued at $2,849,000 after purchasing an additional 62,612 shares during the last quarter. Finally, Virtue Capital Management LLC bought a new stake in Samsara during the 4th quarter valued at about $241,000. Institutional investors own 96.02% of the company’s stock.

About Samsara

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.