Sanjit Biswas Sells 128,159 Shares of Samsara (NYSE:IOT) Stock

Posted by ABMN Staff on May 30th, 2026

Samsara Inc. (NYSE:IOT – Get Free Report) insider Sanjit Biswas sold 128,159 shares of the company’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $30.03, for a total transaction of $3,848,614.77. Following the completion of the sale, the insider directly owned 22,300 shares in the company, valued at approximately $669,669. This represents a 85.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

On Thursday, May 28th, Sanjit Biswas sold 31,081 shares of Samsara stock. The stock was sold at an average price of $31.21, for a total transaction of $970,038.01.
On Tuesday, May 26th, Sanjit Biswas sold 104,660 shares of Samsara stock. The shares were sold at an average price of $31.10, for a total transaction of $3,254,926.00.
On Wednesday, May 13th, Sanjit Biswas sold 95,628 shares of Samsara stock. The shares were sold at an average price of $27.47, for a total transaction of $2,626,901.16.
On Tuesday, May 12th, Sanjit Biswas sold 168,272 shares of Samsara stock. The stock was sold at an average price of $28.58, for a total value of $4,809,213.76.
On Thursday, April 30th, Sanjit Biswas sold 72,958 shares of Samsara stock. The stock was sold at an average price of $28.49, for a total value of $2,078,573.42.
On Wednesday, April 29th, Sanjit Biswas sold 87,067 shares of Samsara stock. The shares were sold at an average price of $29.05, for a total value of $2,529,296.35.
On Tuesday, April 28th, Sanjit Biswas sold 103,875 shares of Samsara stock. The stock was sold at an average price of $29.50, for a total transaction of $3,064,312.50.
On Wednesday, April 15th, Sanjit Biswas sold 96,562 shares of Samsara stock. The shares were sold at an average price of $27.98, for a total transaction of $2,701,804.76.
On Tuesday, April 14th, Sanjit Biswas sold 167,338 shares of Samsara stock. The shares were sold at an average price of $26.60, for a total transaction of $4,451,190.80.
On Thursday, April 2nd, Sanjit Biswas sold 10,381 shares of Samsara stock. The shares were sold at an average price of $30.97, for a total value of $321,499.57.

Samsara Stock Up 11.3%

Shares of IOT opened at $35.15 on Friday. The business’s fifty day moving average is $30.28 and its 200 day moving average is $32.55. Samsara Inc. has a 12-month low of $23.38 and a 12-month high of $48.40. The stock has a market cap of $20.41 billion, a P/E ratio of -1,756.77, a P/E/G ratio of 9.39 and a beta of 1.29.

Samsara (NYSE:IOT – Get Free Report) last released its quarterly earnings data on Thursday, March 5th. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.05. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. The firm had revenue of $444.30 million for the quarter, compared to the consensus estimate of $422.29 million. During the same quarter in the prior year, the company posted $0.11 earnings per share. The business’s revenue was up 28.3% on a year-over-year basis. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. On average, analysts expect that Samsara Inc. will post 0.08 EPS for the current year.

Analyst Upgrades and Downgrades

IOT has been the topic of several analyst reports. TD Cowen reaffirmed a “buy” rating on shares of Samsara in a research report on Friday, May 22nd. BTIG Research reduced their target price on shares of Samsara from $55.00 to $45.00 and set a “buy” rating for the company in a research note on Friday, March 6th. KeyCorp increased their target price on shares of Samsara from $40.00 to $41.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Wells Fargo & Company boosted their target price on Samsara from $43.00 to $46.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Finally, Piper Sandler restated an “overweight” rating and set a $39.00 price target (up from $37.00) on shares of Samsara in a research report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $46.18.

Get Our Latest Report on IOT

Institutional Investors Weigh In On Samsara

Large investors have recently added to or reduced their stakes in the company. Baillie Gifford & Co. lifted its holdings in Samsara by 15.0% during the fourth quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock valued at $1,689,565,000 after purchasing an additional 6,208,553 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Samsara by 58.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock worth $421,079,000 after purchasing an additional 4,401,082 shares in the last quarter. Norges Bank purchased a new position in shares of Samsara in the fourth quarter worth about $127,415,000. Vanguard Group Inc. raised its position in shares of Samsara by 11.5% in the fourth quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock valued at $1,174,620,000 after purchasing an additional 3,417,849 shares during the period. Finally, Brown Advisory Inc. lifted its stake in shares of Samsara by 42.1% during the 4th quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock valued at $397,536,000 after buying an additional 3,322,023 shares in the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Key Stories Impacting Samsara

Here are the key news stories impacting Samsara this week:

Positive Sentiment: Samsara said it earned the No. 1 spot in 23 Summer 2026 G2 Grid Reports, more than any other fleet technology brand. Because the rankings are based on verified customer reviews, the news supports the company’s competitive position and may boost confidence in future demand. Article Title
Positive Sentiment: The latest coverage highlights Samsara’s momentum and leadership across fleet management, asset tracking, and maintenance software, reinforcing its growth narrative with customers and analysts. Article Title
Neutral Sentiment: Several insider sales were disclosed, including transactions by co-founder Sanjit Biswas and John Bicket. The trades were made under pre-arranged 10b5-1 plans, which makes them less concerning than discretionary selling, but the sheer size may still weigh on sentiment. Article Title
Negative Sentiment: The volume of insider selling was substantial, with Biswas and Bicket sharply reducing their holdings, which can create near-term pressure if investors view it as a sign shares have run ahead of fundamentals. Article Title

Samsara Company Profile

(Get Free Report)

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.