Samsara Inc (NYSE: IOT) is 52.52% higher on its value in year-to-date trading and has touched a low of $24.82 and a high of $53.98 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 $52.86 in the last trading session, with the day’s loss setting it -1.95%.
Currently trading at $50.91, the stock is 3.18% and 4.97% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.43 million and changing -3.69% at the moment leaves the stock 30.76% off its SMA200. IOT registered 93.57% gain for a year compared to 6-month gain of 25.33%. The firm has a 50-day simple moving average (SMA 50) of $48.2578 and a 200-day simple moving average (SMA200) of $38.83595.
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The stock witnessed a 2.85% loss in the last 1 month and extending the period to 3 months gives it a 29.44%, and is -1.66% down 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 3.28% over the week and 3.21% over the month.
Samsara Inc (IOT) has around 2895 employees, a market worth around $28.32B and $1.09B in sales. Fwd P/E is 192.56. Profit margin for the company is -24.19%. Distance from 52-week low is 105.12% and -5.69% 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 149.11% this year
519.0 institutions hold shares in Samsara Inc (IOT), with institutional investors hold 95.62% of the company’s shares. The shares outstanding are 556.36M, and float is at 205.53M with Short Float at 6.36%. Institutions hold 91.89% 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 Biswas Sanjit, the company’s CHIEF EXECUTIVE OFFICER. SEC filings show that Biswas Sanjit sold 78,894 shares of the company’s common stock on Nov 12 ’24 at a price of $52.68 per share for a total of $4.16 million. Following the sale, the insider now owns 0.31 million shares.
Samsara Inc disclosed in a document filed with the SEC on Nov 13 ’24 that Biswas Sanjit (CHIEF EXECUTIVE OFFICER) sold a total of 17,106 shares of the company’s common stock. The trade occurred on Nov 13 ’24 and was made at $53.43 per share for $0.91 million. Following the transaction, the insider now directly holds 0.29 million shares of the IOT stock.
Still, SEC filings show that on Nov 12 ’24, Bicket John () disposed off 78,942 shares at an average price of $52.68 for $4.16 million. The insider now directly holds 588,678 shares of Samsara Inc (IOT).
