Samsara (IOT) CEO Biswas Sanjit Sells $4M of Stock

On October 13, 2026, Sanjit Biswas, the CEO of Samsara Inc. (NYSE: IOT), sold 95,388 shares for about $3.99 million at a price of $41.87 per share. This sale was part of a planned transaction, reflecting Biswas's ongoing strategy to manage his holdings in the company.

Inside Sanjit Biswas's Trade

Biswas's recent sale of 95,388 shares brings his total ownership down significantly. He now holds approximately 2,070,755 shares after this transaction. The sale was executed at an average price of $41.87, which is notable as the stock has been fluctuating around its recent levels.

Other Institutional Activity in Samsara

Several other institutional investors have also adjusted their positions in Samsara. Baillie Gifford & Co reduced its holdings by 1,167,781 shares, leaving it with 56,358,374 shares valued at approximately $2.23 billion. In contrast, Price (T.Rowe) Associates Inc increased its stake by 12,098,129 shares, resulting in 48,692,589 shares worth about $1.93 billion. FMR, LLC added 2,631,862 shares for a total of 26,406,588 shares valued at around $1.04 billion, while Blackrock Inc. grew its holdings by 1,473,867 shares, ending with 23,805,185 shares worth about $942 million.

Samsara Inc. Stock Down 2.4%

As of October 16, 2026, Samsara's stock is recently trading around $41.58, which is about 4.1% above its 50-day moving average of $39.92 and 23% above its 200-day moving average of $33.81. However, it remains about 12.4% below its 52-week high of $47.47 and 20.1% below the mean target price of $52.07 set by analysts.

Recent Earnings

Samsara reported a trailing twelve-month revenue of $1.85 billion, reflecting a year-over-year growth of 29.9%. The company has also achieved a net margin of 4.9% and a return on equity of 6.4%. The next earnings report is scheduled for December 3, 2026.

Insider Buying and Selling at Samsara Inc.

In addition to Biswas's sale, John Bicket, the Executive Vice President and Chief Technology Officer, sold 95,485 shares on the same day for approximately $3.99 million. Bicket also sold another 103,206 shares the following day for about $4.25 million. Both transactions were part of planned sales.

Analysts Set New Price Targets

On September 4, 2026, BNP Paribas maintained an 'Outperform' rating with a price target of $55.00, while Piper Sandler reiterated a 'Neutral' rating with a target of $46.00. Truist Securities maintained a 'Hold' rating with a target of $48.00. On September 15, Cantor Fitzgerald initiated an 'Overweight' rating with a target of $45.00, and Jefferies initiated a 'Buy' rating with a target of $50.00.

About Samsara Inc.

Samsara Inc. provides solutions that connect physical operations data to its platform, which helps businesses manage their operations more effectively. The company's offerings include a data platform that enhances data from IoT devices and integrates with various third-party systems. This trade comes as Samsara continues to experience significant growth in the technology sector.

Bottom Line

Watch for Samsara's upcoming earnings report on December 3, 2026, for insights into its financial performance. The recent insider sales may signal strategic moves by the company's leadership as they navigate a growing market.