Samsara Inc’s recently made public that its CHIEF EXECUTVE OFFICER Biswas Sanjit unloaded Company’s shares for reported $5.83 million on Feb 25 ’25. In the deal valued at $49.15 per share,118,589 shares were sold. As a result of this transaction, Biswas Sanjit now holds 126,000 shares worth roughly $5.77 million.
Then, Biswas Sanjit sold 41,411 shares, generating $2,080,381 in total proceeds. Upon selling the shares at $50.24, the CHIEF EXECUTVE OFFICER now owns 1,444,848 shares.
Before that, Bicket John sold 118,699 shares. Samsara Inc shares valued at $5,833,717 were divested by the insider at a price of $49.15 per share. As a result of the transaction, Bicket John now holds 126,000 shares, worth roughly $5.77 million.
Raymond James initiated its Samsara Inc [IOT] rating to a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Berenberg’s analysts, who began to cover the stock in early February with a ‘”a Hold”‘ rating. BMO Capital Markets also remained covering IOT and reiterated its “Market perform” recommendation on December 06, 2024. Craig Hallum started covering the stock on October 22, 2024. It rated IOT as “a Hold”.
Price Performance Review of IOT
On Monday, Samsara Inc [NYSE:IOT] saw its stock fall -3.90% to $45.82. Over the last five days, the stock has lost -9.50%. Samsara Inc shares have risen nearly 4.88% since the year began. Nevertheless, the stocks have risen 37.97% 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 $49.03, while 200 days put it at $44.22.
Levels Of Support And Resistance For IOT Stock
The 24-hour chart illustrates a support level at 44.69, which if violated will result in even more drops to 43.56. On the upside, there is a resistance level at 47.80. A further resistance level may holdings at 49.79. The Relative Strength Index (RSI) on the 14-day chart is 33.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.32%. Stochastics %K at 2.73% indicates the stock is a buying.
The most recent change occurred on October 08, 2024 when Exane BNP Paribas began covering the stock and recommended ‘”a Neutral”‘ rating along with a $46 price target.
