Samsara Inc (NYSE: IOT) is 41.67% higher on its value in year-to-date trading and has touched a low of $21.48 and a high of $46.22 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 $46.14 in the last trading session, with the day’s gains setting it 1.15%.
Currently trading at $47.29, the stock is 16.12% and 23.86% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.24 million and changing 2.49% at the moment leaves the stock 35.16% off its SMA200. IOT registered 54.69% gain for a year compared to 6-month loss of 23.31%.
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The stock witnessed a 23.70% gain in the last 1 month and extending the period to 3 months gives it a 52.79%, and is 20.61% 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 5.44% over the week and 4.02% over the month.
Samsara Inc (IOT) has around 2895 employees, a market worth around $26.05B and $1.09B in sales. Fwd P/E is 179.58. Profit margin for the company is -24.19%. Distance from 52-week low is 120.16% and 2.32% from its 52-week high. The company has generated returns on investments over the last 12 months (-25.63%).
The EPS is expected to grow by 149.52% this year.
Samsara Inc (IOT) Top Institutional Holders
477.0 institutions hold shares in Samsara Inc (IOT), with institutional investors hold 90.80% of the company’s shares. The shares outstanding are 200.99M, and float is at 197.69M with Short Float at 7.74%. Institutions hold 87.85% of the Float.
The top institutional shareholder in the company is BAILLIE GIFFORD & CO with over 27.43 million shares valued at $924.5 million. The investor’s holdings represent 5.0001% of the IOT Shares outstanding. As of 2024-06-30, the second largest holder is GENERAL CATALYST GROUP MANAGEMENT, LLC with 26.3 million shares valued at $886.21 million to account for 4.793 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 19.21 million shares representing 3.5015% and valued at over $647.41 million, while PRICE T ROWE ASSOCIATES INC /MD/ holds 3.0879 of the shares totaling 16.94 million with a market value of $570.93 million.
Samsara Inc (IOT) Insider Activity
The most recent transaction is an insider sale by Eltoukhy Adam, the company’s. SEC filings show that Eltoukhy Adam sold 12,500 shares of the company’s common stock on Sep 06 ’24 at a price of $45.00 per share for a total of $0.56 million. Following the sale, the insider now owns 0.47 million shares.
Still, SEC filings show that on Sep 10 ’24, Eltoukhy Adam (Officer) Proposed Sale 5,008 shares at an average price of $47.30 for $0.24 million. The insider now directly holds shares of Samsara Inc (IOT).
