Samsara Inc’s recent filing unveils that its insider Eltoukhy Adam unloaded Company’s shares for reported $0.45 million on Mar 20 ’25. In the deal valued at $39.76 per share,11,343 shares were sold. As a result of this transaction, Eltoukhy Adam now holds 271,922 shares worth roughly $11.44 million.
Then, ADAM ELTOUKHY bought 33,363 shares, generating $1,328,515 in total proceeds.
Before that, Phillips Dominic sold 54,134 shares. Samsara Inc shares valued at $2,089,487 were divested by the insider at a price of $38.60 per share. As a result of the transaction, Phillips Dominic now holds 638,642 shares, worth roughly $26.87 million.
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 4.78% to $42.08. Over the last five days, the stock has gained 8.01%. Samsara Inc shares have fallen nearly -3.69% since the year began. Nevertheless, the stocks have risen 16.89% 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 $47.40, while 200 days put it at $44.27.
Levels Of Support And Resistance For IOT Stock
The 24-hour chart illustrates a support level at 41.45, which if violated will result in even more drops to 40.82. On the upside, there is a resistance level at 42.55. A further resistance level may holdings at 43.02. The Relative Strength Index (RSI) on the 14-day chart is 47.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.82, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 21.26%. Stochastics %K at 59.17% 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.
