Insider Selling: Samsara Inc. (NYSE:IOT) CAO Sells 13,547 Shares of Stock

Samsara Inc. (NYSE:IOT – Get Free Report) CAO James Andrew Munk sold 13,547 shares of Samsara stock in a transaction on Monday, September 16th. The shares were sold at an average price of $45.88, for a total value of $621,536.36. Following the completion of the transaction, the chief accounting officer now owns 306,120 shares of [...]

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Samsara Inc. ( NYSE:IOT – Get Free Report ) CAO James Andrew Munk sold 13,547 shares of Samsara stock in a transaction on Monday, September 16th. The shares were sold at an average price of $45.

88, for a total value of $621,536.36. Following the completion of the transaction, the chief accounting officer now owns 306,120 shares of the company’s stock, valued at $14,044,785.



60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link . James Andrew Munk also recently made the following trade(s): Samsara Price Performance NYSE:IOT traded up $0.

01 during trading hours on Wednesday, hitting $47.56. The company had a trading volume of 5,326,538 shares, compared to its average volume of 3,787,144.

The stock has a 50-day moving average price of $39.68 and a 200 day moving average price of $36.73.

The company has a market capitalization of $26.20 billion, a PE ratio of -95.18 and a beta of 1.

50. Samsara Inc. has a 52 week low of $21.

48 and a 52 week high of $48.11. Institutional Inflows and Outflows Institutional investors have recently made changes to their positions in the company.

Advisors Asset Management Inc. boosted its position in shares of Samsara by 9.4% during the first quarter.

Advisors Asset Management Inc. now owns 3,246 shares of the company’s stock valued at $123,000 after purchasing an additional 280 shares in the last quarter. Resources Management Corp CT ADV boosted its holdings in shares of Samsara by 104.

0% during the 2nd quarter. Resources Management Corp CT ADV now owns 961 shares of the company’s stock valued at $32,000 after buying an additional 490 shares in the last quarter. Cetera Advisors LLC boosted its holdings in shares of Samsara by 6.

8% during the 1st quarter. Cetera Advisors LLC now owns 7,805 shares of the company’s stock valued at $295,000 after buying an additional 497 shares in the last quarter. Ulland Investment Advisors LLC increased its stake in shares of Samsara by 33.

6% in the 1st quarter. Ulland Investment Advisors LLC now owns 1,990 shares of the company’s stock worth $75,000 after acquiring an additional 500 shares in the last quarter. Finally, Sands Capital Ventures LLC lifted its position in Samsara by 18.

7% during the 2nd quarter. Sands Capital Ventures LLC now owns 4,239 shares of the company’s stock valued at $143,000 after acquiring an additional 669 shares during the period. Institutional investors own 89.

39% of the company’s stock. Analysts Set New Price Targets A number of equities research analysts have recently issued reports on IOT shares. Truist Financial increased their price target on shares of Samsara from $35.

00 to $40.00 and gave the stock a “hold” rating in a report on Friday, September 6th. Wolfe Research restated an “outperform” rating and set a $44.

00 price target on shares of Samsara in a research report on Friday, June 28th. Bank of America increased their price objective on Samsara from $45.00 to $47.

00 and gave the stock a “buy” rating in a research report on Friday, September 6th. Morgan Stanley boosted their target price on Samsara from $38.00 to $40.

00 and gave the stock an “equal weight” rating in a research report on Friday, September 6th. Finally, TD Cowen lifted their price target on Samsara from $45.00 to $46.

00 and gave the company a “buy” rating in a research report on Friday, September 6th. Seven analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.

com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $42.07. Read Our Latest Analysis on Samsara Samsara Company Profile ( Get Free Report ) Samsara Inc provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally.

The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy. Featured Stories Receive News & Ratings for Samsara Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Samsara and related companies with MarketBeat.com's FREE daily email newsletter .

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