Samsara Inc (NYSE: IOT) is 15.07% higher on its value in year-to-date trading and has touched a low of $18.05 and a high of $40.54 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The IOT stock was last observed hovering at around $38.27 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $38.41, the stock is 13.27% and 9.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.12 million and changing 0.37% at the moment leaves the stock 27.38% off its SMA200. IOT registered 102.80% gain for a year compared to 6-month gain of 59.11%.
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The stock witnessed a 14.86% loss in the last 1 month and extending the period to 3 months gives it a 18.51%, and is 8.96% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.62% over the week and 4.12% over the month.
Samsara Inc (IOT) has around 2895 employees, a market worth around $21.15B and $937.38M in sales. Fwd P/E is 174.59. Profit margin for the company is -30.59%. Distance from 52-week low is 112.80% and -5.25% from its 52-week high. The company has generated returns on investments over the last 12 months (-28.85%).
The EPS is expected to grow by 69.39% this year
The shares outstanding are 200.99M, and float is at 179.41M with Short Float at 6.47%.
Samsara Inc (IOT) Insider Activity
The most recent transaction is an insider sale by Phillips Dominic, the company’s. SEC filings show that Phillips Dominic sold 21,053 shares of the company’s common stock on May 01 ’24 at a price of $34.94 per share for a total of $0.74 million. Following the sale, the insider now owns 1.14 million shares.
Samsara Inc disclosed in a document filed with the SEC on May 01 ’24 that Bicket John () sold a total of 4,287 shares of the company’s common stock. The trade occurred on May 01 ’24 and was made at $34.88 per share for $0.15 million. Following the transaction, the insider now directly holds 2.23 million shares of the IOT stock.
Still, SEC filings show that on May 01 ’24, Biswas Sanjit (CHIEF EXECUTIVE OFFICER) disposed off 4,046 shares at an average price of $34.89 for $0.14 million. The insider now directly holds 1,776,712 shares of Samsara Inc (IOT).
