Samsara Inc. (NYSE:IOT – Get Free Report) CEO Sanjit Biswas sold 96,000 shares of the stock in a transaction dated Tuesday, June 25th. The stock was sold at an average price of $29.49, for a total transaction of $2,831,040.00. Following the sale, the chief executive officer now owns 1,466,299 shares in the company, valued at approximately $43,241,157.51. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Sanjit Biswas also recently made the following trade(s):
- On Tuesday, June 11th, Sanjit Biswas sold 96,000 shares of Samsara stock. The stock was sold at an average price of $29.78, for a total transaction of $2,858,880.00.
- On Tuesday, June 4th, Sanjit Biswas sold 96,000 shares of Samsara stock. The stock was sold at an average price of $33.44, for a total transaction of $3,210,240.00.
- On Tuesday, May 28th, Sanjit Biswas sold 96,000 shares of Samsara stock. The stock was sold at an average price of $37.81, for a total transaction of $3,629,760.00.
- On Thursday, May 23rd, Sanjit Biswas sold 7,674 shares of Samsara stock. The stock was sold at an average price of $40.16, for a total transaction of $308,187.84.
- On Tuesday, May 21st, Sanjit Biswas sold 35,320 shares of Samsara stock. The stock was sold at an average price of $40.90, for a total transaction of $1,444,588.00.
- On Tuesday, May 14th, Sanjit Biswas sold 88,056 shares of Samsara stock. The stock was sold at an average price of $39.89, for a total transaction of $3,512,553.84.
- On Tuesday, May 7th, Sanjit Biswas sold 71,266 shares of Samsara stock. The stock was sold at an average price of $38.17, for a total transaction of $2,720,223.22.
- On Tuesday, April 30th, Sanjit Biswas sold 91,954 shares of Samsara stock. The shares were sold at an average price of $35.61, for a total transaction of $3,274,481.94.
- On Tuesday, April 23rd, Sanjit Biswas sold 96,000 shares of Samsara stock. The shares were sold at an average price of $33.16, for a total transaction of $3,183,360.00.
- On Tuesday, April 16th, Sanjit Biswas sold 96,000 shares of Samsara stock. The stock was sold at an average price of $30.73, for a total transaction of $2,950,080.00.
Samsara Trading Up 4.4 %
Shares of IOT traded up $1.32 during trading hours on Wednesday, hitting $31.16. 4,540,539 shares of the stock were exchanged, compared to its average volume of 3,879,102. Samsara Inc. has a fifty-two week low of $21.48 and a fifty-two week high of $42.28. The business has a 50-day moving average of $34.91 and a 200-day moving average of $34.30.
Institutional Trading of Samsara
Analyst Ratings Changes
A number of research analysts recently issued reports on the stock. Evercore ISI decreased their price objective on shares of Samsara from $41.00 to $40.00 and set an “in-line” rating for the company in a report on Friday, June 7th. Bank of America initiated coverage on shares of Samsara in a report on Thursday, June 20th. They set a “buy” rating and a $37.00 price objective for the company. Loop Capital initiated coverage on shares of Samsara in a research report on Thursday, April 18th. They issued a “buy” rating and a $42.00 price objective on the stock. BMO Capital Markets reaffirmed a “market perform” rating and set a $40.00 price target on shares of Samsara in a research report on Tuesday, June 11th. Finally, StockNews.com raised shares of Samsara from a “sell” rating to a “hold” rating in a research report on Saturday, May 25th. Six research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, Samsara currently has an average rating of “Moderate Buy” and a consensus price target of $36.55.
View Our Latest Analysis on IOT
About Samsara
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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