The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Samsara Inc shares valued at $1,328,515 were purchased by ADAM ELTOUKHY on Mar 20 ’25. At $39.82 per share, ADAM ELTOUKHY acquired 33,363 shares.
Also, Phillips Dominic sold 54,134 shares, netting a total of over 2,089,487 in proceeds. Following the sale of shares at $38.60 each, the insider now holds 638,642 shares.
Before that, Munk James Andrew had sold 9,369 shares from its account. In a trade valued at $361,584, the CHIEF ACCOUNTING OFFICER traded Samsara Inc shares for $38.59 each. Upon closing the transaction, the insider’s holdings decreased to 9,369 shares, worth approximately $6.64 million.
As published in a research note from Piper Sandler on March 10, 2025, Samsara Inc [IOT] has been rated up from a Neutral to an Overweight and the price target has been revised to $50. Analysts at BMO Capital Markets upgraded the stock from ‘”a Market perform”‘ to ‘”an Outperform”‘ outlook in a report released in early March. As of March 07, 2025, BMO Capital Markets has reiterated its “Market perform” rating for IOT. Earlier on February 26, 2025, Raymond James initiated its rating. Their recommendation was “a Mkt perform” for IOT stock.
Analyzing IOT Stock Performance
During the last five days, there has been a surge of approximately 6.33%. Over the course of the year, Samsara Inc shares have dropped approximately -9.61%. Shares of the company reached a 52-week high of $61.90 on 02/19/25 and a 52-week low of $32.97 on 03/10/25. A 50-day SMA is recorded $47.50, while a 200-day SMA reached $44.20.
Support And Resistance Levels for Samsara Inc (IOT)
According to the 24-hour chart, there is a support level at 38.98, which, if violated, would cause prices to drop to 38.47. In the upper region, resistance lies at 40.23. The next price resistance is at 40.96. RSI (Relative Strength Index) is 39.17 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.17, which suggests the price will decrease in the coming days. Percent R is at 58.44%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
