In Friday’s Wall Street session, Samsara Inc (NYSE:IOT) shares traded at $35.36, down -15.57% from the previous session.
IOT stock price is now -27.51% away from the 50-day moving average and -20.06% away from the 200-day moving average. The market capitalization of the company currently stands at $19.84B.
With the price target reduced from $57 to $48, BMO Capital Markets maintained Market Perform rating for Samsara Inc (NYSE: IOT). , while ‘Berenberg’ rates the stock as ‘Hold’
In other news, ADAM ELTOUKHY, Officer bought 31,042 shares of the company’s stock on Mar 07 ’25. The stock was bought for $1,300,039 at an average price of $41.88. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 04 ’25, CHIEF EXECUTVE OFFICER Biswas Sanjit sold 145,392 shares of the business’s stock. A total of $6,435,785 was realized by selling the stock at an average price of $44.27. This leaves the insider owning 120,000 shares of the company worth $4.24 million. A total of 55.54% 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 0.08, a current ratio of 1.35, and a quick ratio of 1.30.
The net profit margin was -12.40% and return on equity was -15.61% 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.
