In a filing, Samsara Inc revealed its Officer ADAM ELTOUKHY acquired Company’s shares for reported $0.73 million on Feb 14 ’25. In the deal valued at $56.37 per share,13,000 shares were bought.
Then, Biswas Sanjit sold 85,291 shares, generating $4,716,166 in total proceeds. Upon selling the shares at $55.30, the CHIEF EXECUTVE OFFICER now owns 132,000 shares.
Before that, Biswas Sanjit sold 61,623 shares. Samsara Inc shares valued at $3,430,517 were divested by the CHIEF EXECUTVE OFFICER at a price of $55.67 per share. As a result of the transaction, Biswas Sanjit now holds 594,000 shares, worth roughly $36.21 million.
Berenberg initiated its Samsara Inc [IOT] rating to a Hold in a research note published on February 03, 2025; the price target was $57. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who remained covering the stock and in early December has reiterated a ‘”a Market perform”‘ rating for it. Craig Hallum began covering IOT with “Hold” recommendation on October 22, 2024. Exane BNP Paribas started covering the stock on October 08, 2024. It rated IOT as “a Neutral”.
Price Performance Review of IOT
On Tuesday, Samsara Inc [NYSE:IOT] saw its stock jump 3.39% to $60.96. Over the last five days, the stock has gained 10.80%. Samsara Inc shares have risen nearly 39.53% since the year began. Nevertheless, the stocks have risen 76.24% over the past one year. While a 52-week high of $59.04 was reached on 02/18/25, a 52-week low of $27.14 was recorded on 01/10/25. SMA at 50 days reached $48.77, while 200 days put it at $43.66.
Levels Of Support And Resistance For IOT Stock
The 24-hour chart illustrates a support level at 59.83, which if violated will result in even more drops to 58.69. On the upside, there is a resistance level at 61.62. A further resistance level may holdings at 62.27. The Relative Strength Index (RSI) on the 14-day chart is 84.88, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.24, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.51%. Stochastics %K at 98.98% indicates the stock is a selling.
The most recent change occurred on September 06, 2024 when BMO Capital Markets resumed its ‘”a Market perform”‘ rating for the stock and retained the price target to $44.