Samsara Inc’s recently made public that its Officer Phillips Dominic acquired Company’s shares for reported $2.09 million on Mar 17 ’25. In the deal valued at $38.60 per share,54,134 shares were bought.
Then, Munk James Andrew bought 9,369 shares, generating $361,584 in total proceeds.
Before that, Eltoukhy Adam bought 21,918 shares. Samsara Inc shares valued at $845,810 were divested by the Officer at a price of $38.59 per share.
Piper Sandler upgraded its Samsara Inc [IOT] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who increased its forecast for the stock in early March from “a Market perform” to “an Outperform”. BMO Capital Markets also remained covering IOT and reiterated its “Market perform” recommendation on March 07, 2025. Raymond James started covering the stock on February 26, 2025. It rated IOT as “a Mkt perform”.
Price Performance Review of IOT
On Monday, Samsara Inc [NYSE:IOT] saw its stock jump 2.36% to $38.96. Over the last five days, the stock has gained 14.39%. Samsara Inc shares have fallen nearly -10.83% since the year began. Nevertheless, the stocks have risen 1.56% 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 03/10/25. SMA at 50 days reached $47.85, while 200 days put it at $44.15.
Levels Of Support And Resistance For IOT Stock
The 24-hour chart illustrates a support level at 37.80, which if violated will result in even more drops to 36.64. On the upside, there is a resistance level at 39.77. A further resistance level may holdings at 40.59. The Relative Strength Index (RSI) on the 14-day chart is 35.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.80%. Stochastics %K at 27.41% indicates the stock is a holding.
How much short interest is there in Samsara Inc?
A steep rise in short interest was recorded in Samsara Inc stocks on 2025-02-28, dropping by -0.44 million shares to a total of 10.46 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 10.9 million shares. There was a decline of -4.21%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 03, 2025 when Berenberg began covering the stock and recommended ‘”a Hold”‘ rating along with a $57 price target.
