The stock of Samsara Inc (NYSE:IOT) last traded at $54.65, down -7.11% from the previous session.
IOT stock price is now 11.94% away from the 50-day moving average and 24.59% away from the 200-day moving average. The market capitalization of the company currently stands at $30.67B.
With the price target of $57, Berenberg recently initiated with Hold rating for Samsara Inc (NYSE: IOT). On December 06, 2024, BMO Capital Markets reiterated its ‘Market Perform’ rating on the stock by increasing its target price from $44 to quote $57, while ‘Craig Hallum’ rates the stock as ‘Hold’
In other news, Eltoukhy Adam, insider sold 13,000 shares of the company’s stock on Feb 14 ’25. The stock was sold for $767,000 at an average price of $59.00. Upon completion of the transaction, the insider now directly owns 331,106 shares in the company, valued at $18.09 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 14 ’25, Officer ADAM ELTOUKHY bought 13,000 shares of the business’s stock. A total of $732,810 was incurred on buying the stock at an average price of $56.37. A total of 55.61% of the company’s stock is owned by insiders.
During the past 12 months, Samsara Inc has had a low of $27.14 and a high of $61.90. As of last week, the company has a debt-to-equity ratio of 0.09, a current ratio of 1.41, and a quick ratio of 1.35.
The net profit margin was -21.80% and return on equity was -26.37% for IOT. The company reported revenue of $321.98 million for the quarter, compared to $237.53 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 35.55 percent. For the current quarter, analysts expect IOT to generate $335.35M in revenue.
