Traders Purchase High Volume of Samsara Call Options (NYSE:IOT)

Samsara Inc. (NYSE:IOT) was the target of unusually large options trading on Tuesday. Stock traders purchased 11,970 call options on the company. This is an increase of 60% compared to the typical volume of 7,499 call options.

Samsara Stock Performance

Shares of IOT opened at $33.38 on Thursday. Samsara has a 52-week low of $23.38 and a 52-week high of $47.47. The stock’s 50-day simple moving average is $33.63 and its 200 day simple moving average is $31.44. The stock has a market capitalization of $19.45 billion, a price-to-earnings ratio of 333.79, a price-to-earnings-growth ratio of 8.46 and a beta of 1.35.

Samsara (NYSE:IOT) last posted its earnings results on Thursday, June 4th. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The business had revenue of $478.84 million during the quarter, compared to analyst estimates of $455.21 million. During the same quarter in the previous year, the firm earned $0.11 EPS. The company’s quarterly revenue was up 30.5% compared to the same quarter last year. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. On average, research analysts forecast that Samsara will post 0.15 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on IOT. KeyCorp reiterated an “overweight” rating on shares of Samsara in a research report on Friday, June 26th. Zacks Research lowered shares of Samsara from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 5th. Piper Sandler restated an “overweight” rating and set a $40.00 price target (up from $39.00) on shares of Samsara in a research note on Friday, June 5th. Wolfe Research reaffirmed an “outperform” rating on shares of Samsara in a report on Thursday, June 11th. Finally, Weiss Ratings upgraded shares of Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a research note on Monday, June 15th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Samsara currently has an average rating of “Moderate Buy” and a consensus price target of $45.33.

Insiders Place Their Bets

In other news, insider Adam Eltoukhy sold 3,653 shares of the stock in a transaction on Monday, July 6th. The stock was sold at an average price of $37.00, for a total transaction of $135,161.00. Following the completion of the transaction, the insider owned 425,080 shares in the company, valued at approximately $15,727,960. This represents a 0.85% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Bicket sold 17,975 shares of Samsara stock in a transaction dated Wednesday, July 8th. The stock was sold at an average price of $35.11, for a total value of $631,102.25. Following the completion of the sale, the insider directly owned 1,758,795 shares of the company’s stock, valued at approximately $61,751,292.45. This trade represents a 1.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 4,464,637 shares of company stock valued at $144,511,167. Company insiders own 35.13% of the company’s stock.

Hedge Funds Weigh In On Samsara

Hedge funds have recently bought and sold shares of the company. Assenagon Asset Management S.A. lifted its stake in Samsara by 43.9% in the 2nd quarter. Assenagon Asset Management S.A. now owns 22,987 shares of the company’s stock worth $745,000 after purchasing an additional 7,015 shares in the last quarter. Archer Investment Management LLC bought a new position in Samsara in the 2nd quarter valued at $454,000. Balefire LLC purchased a new position in shares of Samsara during the 2nd quarter valued at $209,000. Avior Wealth Management LLC increased its holdings in shares of Samsara by 10.3% in the second quarter. Avior Wealth Management LLC now owns 15,956 shares of the company’s stock worth $517,000 after purchasing an additional 1,494 shares during the period. Finally, CX Institutional bought a new position in shares of Samsara in the second quarter worth $64,000. Hedge funds and other 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.