Samsara (IOT) CEO Biswas Sanjit Sells $4.2M of Stock

Sanjit Biswas, the Chief Executive Officer of Samsara Inc. (NYSE: IOT), sold 103,110 shares on October 14, 2026, for approximately $4.24 million at a price of $41.14 per share. This sale was part of a pre-arranged trading plan.

Inside Biswas's Trade

This transaction marks a significant move for Biswas, who now holds 2,070,755 shares after this sale. The total value of his remaining shares is substantial, reflecting his ongoing commitment to the company despite this sale.

Other Institutional Activity in Samsara

Several other institutional investors have recently adjusted their positions in Samsara. Price (T. Rowe) Associates Inc. increased its stake by 12,098,129 shares, bringing its total to 48,692,589 shares worth about $1.93 billion. In contrast, Baillie Gifford & Co reduced its holdings by 1,167,781 shares, ending with 56,358,374 shares valued at approximately $2.23 billion. FMR, LLC also grew its position by 2,631,862 shares to a total of 26,406,588 shares valued at about $1.04 billion. Blackrock Inc. added 1,473,867 shares, totaling 23,805,185 shares worth around $942 million, while Vanguard Portfolio Management LLC increased its holdings by 811,789 shares, reaching 17,724,063 shares valued at approximately $701 million.

Samsara Inc. Stock Down 2.4%

As of October 16, 2026, Samsara's stock was recently trading around $41.58, which is 4.1% above its 50-day moving average of $39.92 and 23% above its 200-day average of $33.81. However, the stock is 12.4% below its 52-week high of $47.47 and 77.8% above its 52-week low of $23.38.

Recent Earnings

Samsara reported a trailing twelve-month revenue of $1.85 billion, with a year-over-year growth rate of 29.9%. The company's net margin stands at 4.9%, and its return on equity is 6.4%. The next earnings report is scheduled for December 3, 2026.

Insider Buying and Selling at Samsara Inc.

On the same day as Biswas's sale, John Bicket, the Executive Vice President and Chief Technology Officer, also sold 103,206 shares for approximately $4.25 million at an average price of $41.14. Earlier, on October 13, 2026, Bicket sold 95,485 shares for about $3.99 million at $41.87 each. These transactions indicate some level of insider activity as the company continues to perform well.

Analysts Set New Price Targets

Analysts have shown varied opinions on Samsara's stock. On September 4, 2026, BNP Paribas maintained its rating of Outperform with a price target of $55, up from $40. Piper Sandler reiterated a Neutral rating with a target of $46. Truist Securities maintained a Hold rating with a target of $48. Cantor Fitzgerald initiated coverage with an Overweight rating and a target of $45. Jefferies initiated coverage with a Buy rating and a target of $50.

About Samsara Inc.

Samsara Inc. provides solutions to connect physical operations data to its connected operations platform. The company's offerings include a Data Platform that aggregates data from IoT devices and connected assets, with features for AI, analytics, and data security. The firm is headquartered in San Francisco, California, and employs around 4,100 people.

Bottom Line

Investors should watch for the upcoming earnings report on December 3, 2026, as Samsara continues to see strong revenue growth. The recent insider sales, including those by Biswas and Bicket, highlight ongoing activity among company executives as they navigate the firm's growth trajectory.