The stock of Samsara Inc (NYSE:IOT) last traded at $40.68, down -2.38% from the previous session.
IOT stock price is now -13.95% away from the 50-day moving average and -8.38% away from the 200-day moving average. The market capitalization of the company currently stands at $23.17B.
With the price target maintained at $50, Piper Sandler recently Upgraded its rating from Neutral to Overweight for Samsara Inc (NYSE: IOT). On March 10, 2025, BMO Capital Markets Upgraded its previous ‘Market Perform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $48, while ‘Raymond James’ rates the stock as ‘Mkt Perform’
In other news, Biswas Sanjit, CHIEF EXECUTVE OFFICER sold 94,020 shares of the company’s stock on Mar 25 ’25. The stock was sold for $4,012,364 at an average price of $42.68. Upon completion of the transaction, the CHIEF EXECUTVE OFFICER now directly owns 114,000 shares in the company, valued at $4.64 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 26 ’25, CHIEF EXECUTVE OFFICER Biswas Sanjit sold 65,980 shares of the business’s stock. A total of $2,753,926 was realized by selling the stock at an average price of $41.74. This leaves the insider owning 513,000 shares of the company worth $20.87 million. A total of 53.64% 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 fifty day moving average price for IOT is $47.274 and a two-hundred day moving average price translates $44.3999 for the stock.
The latest earnings results from Samsara Inc (NYSE: IOT) was released for 2025-02-01. The net profit margin was -12.40% and return on equity was -15.61% for IOT. The company reported revenue of $346.29 million for the quarter, compared to $276.27 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 25.34 percent.
