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

Samsara Inc. (NYSE:IOT) saw some unusual options trading activity on Friday. Stock traders acquired 43,696 call options on the stock. Thisrepresentsanincreaseofapproximately320% compared to the average daily volume of 10,415 call options.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on IOT shares. Evercore ISI set a $45.00 target price on shares of Samsara in a research report on Wednesday, June 25th. Truist Financial increased their price objective on shares of Samsara from $35.00 to $39.00 and gave the company a “hold” rating in a research note on Friday. Wall Street Zen downgraded Samsara from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Craig Hallum raised Samsara from a “hold” rating to a “buy” rating and lifted their target price for the stock from $42.00 to $48.00 in a report on Friday. Finally, Royal Bank Of Canada upped their target price on Samsara from $44.00 to $46.00 and gave the company an “outperform” rating in a research report on Friday. Eight equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $49.15.

Samsara Price Performance

Shares of IOT opened at $42.16 on Friday. Samsara has a 1-year low of $31.40 and a 1-year high of $61.90. The company has a market capitalization of $24.00 billion, a P/E ratio of -263.49 and a beta of 1.61. The firm’s 50 day simple moving average is $36.67 and its 200 day simple moving average is $39.99.

Samsara (NYSE:IOT) last released its earnings results on Thursday, September 4th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.07 by $0.05. The company had revenue of $391.48 million for the quarter, compared to analyst estimates of $372.22 million. Samsara had a negative net margin of 6.16% and a negative return on equity of 7.80%. The firm’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.05 EPS. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. On average, equities analysts anticipate that Samsara will post -0.3 earnings per share for the current year.

Insider Activity at Samsara

In other news, insider Sanjit Biswas sold 30,145 shares of the business’s stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $35.57, for a total value of $1,072,257.65. Following the sale, the insider directly owned 597,902 shares in the company, valued at $21,267,374.14. The trade was a 4.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Adam Eltoukhy sold 4,578 shares of the business’s stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $32.73, for a total transaction of $149,837.94. Following the sale, the insider directly owned 358,720 shares in the company, valued at $11,740,905.60. This trade represents a 1.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 2,910,783 shares of company stock valued at $111,188,818. 46.49% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Samsara

Several institutional investors and hedge funds have recently made changes to their positions in IOT. Keystone Financial Group Inc. lifted its holdings in Samsara by 300.0% in the first quarter. Keystone Financial Group Inc. now owns 600 shares of the company’s stock valued at $25,000 after acquiring an additional 450 shares during the period. Catalyst Capital Advisors LLC purchased a new stake in Samsara during the second quarter valued at approximately $28,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in Samsara in the first quarter worth approximately $31,000. Fourth Dimension Wealth LLC purchased a new position in shares of Samsara during the 4th quarter worth $38,000. Finally, Family Legacy Financial Solutions LLC bought a new stake in shares of Samsara during the 2nd quarter valued at $40,000. Institutional investors own 96.02% of the company’s stock.

Samsara Company Profile

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.