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 $2,932,802 were sold by Biswas Sanjit on May 21 ’25. At $46.54 per share, Biswas Sanjit sold 63,017 shares. The insider’s holdings dropped to 405,000 shares worth approximately $18.69 million following the completion of this transaction.
Also, Biswas Sanjit sold 54,457 shares, netting a total of over 2,577,321 in proceeds. Following the sale of shares at $47.33 each, the insider now holds 90,000 shares.
Before that, Biswas Sanjit had sold 42,526 shares from its account. In a trade valued at $1,965,777, the CHIEF EXECUTVE OFFICER traded Samsara Inc shares for $46.23 each. Upon closing the transaction, the insider’s holdings decreased to 42,526 shares, worth approximately $39.62 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 drop of approximately -1.68%. Over the course of the year, Samsara Inc shares have jumped approximately 5.61%. Shares of the company reached a 52-week high of $61.90 on 02/19/25 and a 52-week low of $31.40 on 04/07/25.
Support And Resistance Levels for Samsara Inc (IOT)
According to the 24-hour chart, there is a support level at 45.46, which, if violated, would cause prices to drop to 44.78. In the upper region, resistance lies at 46.71. The next price resistance is at 47.28. RSI (Relative Strength Index) is 62.30 on the 14-day chart, showing neutral technical sentiment.
