Samsara Inc’s recent filing unveils that its insider Eltoukhy Adam unloaded Company’s shares for reported $0.49 million on Feb 20 ’25. In the deal valued at $53.88 per share,9,043 shares were sold. As a result of this transaction, Eltoukhy Adam now holds 331,106 shares worth roughly $16.56 million.
Then, Eltoukhy Adam sold 13,000 shares, generating $767,000 in total proceeds. Upon selling the shares at $59.00, the insider now owns 331,106 shares.
Before that, ADAM ELTOUKHY bought 13,000 shares. Samsara Inc shares valued at $732,810 were divested by the Officer at a price of $56.37 per share.
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 fall -1.22% to $50.01. Over the last five days, the stock has lost -17.96%. Samsara Inc shares have risen nearly 14.47% since the year began. Nevertheless, the stocks have risen 52.98% over the past one year. While a 52-week high of $61.90 was reached on 02/19/25, a 52-week low of $27.14 was recorded on 01/10/25. SMA at 50 days reached $48.93, while 200 days put it at $44.05.
Levels Of Support And Resistance For IOT Stock
The 24-hour chart illustrates a support level at 48.31, which if violated will result in even more drops to 46.62. On the upside, there is a resistance level at 50.90. A further resistance level may holdings at 51.80. The Relative Strength Index (RSI) on the 14-day chart is 42.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.98, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.63%. Stochastics %K at 18.56% indicates the stock is a buying.
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.
