Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Samsara Inc shares valued at $767,000 were sold by Eltoukhy Adam on Feb 14 ’25. At $59.00 per share, Eltoukhy Adam sold 13,000 shares. The insider’s holdings dropped to 331,106 shares worth approximately $18.09 million following the completion of this transaction.
Also, ADAM ELTOUKHY purchased 13,000 shares, netting a total of over 732,810 in proceeds.
Before that, Biswas Sanjit had sold 85,291 shares from its account. In a trade valued at $4,716,166, the CHIEF EXECUTVE OFFICER traded Samsara Inc shares for $55.30 each. Upon closing the transaction, the insider’s holdings decreased to 85,291 shares, worth approximately $7.21 million.
As published in their initiating research note from Berenberg on February 03, 2025, Samsara Inc [IOT] has been a Hold and the price target has been revised to $57. Analysts at BMO Capital Markets resumed the stock at ‘”a Market perform”‘ outlook in a report released in early December. As of October 22, 2024, Craig Hallum has initiated its “Hold” rating for IOT. Earlier on October 08, 2024, Exane BNP Paribas initiated its rating. Their recommendation was “a Neutral” for IOT stock.
Analyzing IOT Stock Performance
During the last five days, there has been a drop of approximately -2.01%. Over the course of the year, Samsara Inc shares have jumped approximately 25.09%. Shares of the company reached a 52-week high of $61.90 on 02/19/25 and a 52-week low of $42.36 on 01/10/25. A 50-day SMA is recorded $48.82, while a 200-day SMA reached $43.86. Nevertheless, trading volume fell to 6.87 million shares from 5.42 million shares the previous day.
Support And Resistance Levels for Samsara Inc (IOT)
According to the 24-hour chart, there is a support level at 51.74, which, if violated, would cause prices to drop to 48.83. In the upper region, resistance lies at 58.00. The next price resistance is at 61.34. RSI (Relative Strength Index) is 55.14 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.87, which suggests the price will increase in the coming days. Percent R is at 57.07%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
