Adam Eltoukhy Sells 18,952 Shares of Samsara (NYSE:IOT) Stock

by · The Markets Daily

Samsara Inc. (NYSE:IOT – Get Free Report) insider Adam Eltoukhy sold 18,952 shares of the company’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $40.72, for a total value of $771,725.44. Following the completion of the sale, the insider owned 246,675 shares of the company’s stock, valued at $10,044,606. This represents a 7.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Adam Eltoukhy also recently made the following trade(s):

  • On Wednesday, December 10th, Adam Eltoukhy sold 9,498 shares of Samsara stock. The stock was sold at an average price of $44.45, for a total value of $422,186.10.
  • On Thursday, November 20th, Adam Eltoukhy sold 4,767 shares of Samsara stock. The shares were sold at an average price of $36.04, for a total transaction of $171,802.68.
  • On Monday, October 20th, Adam Eltoukhy sold 4,767 shares of Samsara stock. The shares were sold at an average price of $37.16, for a total transaction of $177,141.72.
  • On Monday, September 22nd, Adam Eltoukhy sold 4,767 shares of Samsara stock. The stock was sold at an average price of $39.40, for a total transaction of $187,819.80.

Samsara Stock Down 2.0%

Shares of IOT stock opened at $38.18 on Thursday. Samsara Inc. has a 12-month low of $31.40 and a 12-month high of $61.90. The firm has a fifty day moving average of $38.95 and a 200-day moving average of $38.52. The firm has a market capitalization of $21.90 billion, a price-to-earnings ratio of -477.28 and a beta of 1.61.

Samsara (NYSE:IOT – Get Free Report) last posted its earnings results on Thursday, December 4th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.11). The business had revenue of $415.98 million during the quarter, compared to analyst estimates of $398.92 million. Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. The firm’s revenue was up 29.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.07 earnings per share. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. Research analysts expect that Samsara Inc. will post -0.3 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. BMO Capital Markets raised their price objective on shares of Samsara from $47.00 to $50.00 and gave the stock an “outperform” rating in a report on Friday, December 5th. Morgan Stanley lifted their price target on Samsara from $50.00 to $53.00 and gave the company an “equal weight” rating in a research note on Monday, September 8th. BTIG Research assumed coverage on Samsara in a report on Tuesday. They issued a “buy” rating on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Samsara in a research report on Wednesday, October 8th. Finally, Evercore ISI set a $50.00 target price on Samsara and gave the company an “outperform” rating in a research report on Wednesday, October 1st. Eleven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $51.29.

Check Out Our Latest Stock Analysis on IOT

Institutional Trading of Samsara

A number of hedge funds and other institutional investors have recently modified their holdings of IOT. Catalyst Capital Advisors LLC acquired a new position in Samsara during the second quarter valued at approximately $28,000. Versant Capital Management Inc increased its position in shares of Samsara by 6,078.6% during the 3rd quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock worth $32,000 after purchasing an additional 851 shares during the last quarter. AlphaQuest LLC raised its stake in shares of Samsara by 519.6% during the 1st quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock worth $40,000 after purchasing an additional 873 shares in the last quarter. Family Legacy Financial Solutions LLC acquired a new stake in shares of Samsara in the 2nd quarter valued at approximately $40,000. Finally, Whipplewood Advisors LLC grew its stake in shares of Samsara by 349.8% in the second quarter. Whipplewood Advisors LLC now owns 1,093 shares of the company’s stock valued at $43,000 after buying an additional 850 shares in the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

About Samsara

(Get Free Report)

Samsara Inc provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.

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