Samsara Inc. (NYSE:IOT – Get Free Report) CEO Sanjit Biswas sold 96,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 25th. The stock was sold at an average price of $29.49, for a total value of $2,831,040.00. Following the transaction, the chief executive officer now owns 1,466,299 shares of the company’s stock, valued at approximately $43,241,157.51. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Sanjit Biswas also recently made the following trade(s):
- On Tuesday, June 11th, Sanjit Biswas sold 96,000 shares of Samsara stock. The shares were sold at an average price of $29.78, for a total value of $2,858,880.00.
- On Tuesday, June 4th, Sanjit Biswas sold 96,000 shares of Samsara stock. The shares were sold at an average price of $33.44, for a total value of $3,210,240.00.
- On Tuesday, May 28th, Sanjit Biswas sold 96,000 shares of Samsara stock. The shares were sold at an average price of $37.81, for a total value of $3,629,760.00.
- On Thursday, May 23rd, Sanjit Biswas sold 7,674 shares of Samsara stock. The shares were sold at an average price of $40.16, for a total value of $308,187.84.
- On Tuesday, May 21st, Sanjit Biswas sold 35,320 shares of Samsara stock. The shares were sold at an average price of $40.90, for a total value of $1,444,588.00.
- On Tuesday, May 14th, Sanjit Biswas sold 88,056 shares of Samsara stock. The shares were sold at an average price of $39.89, for a total value of $3,512,553.84.
- On Tuesday, May 7th, Sanjit Biswas sold 71,266 shares of Samsara stock. The stock was sold at an average price of $38.17, for a total value of $2,720,223.22.
- On Tuesday, April 30th, Sanjit Biswas sold 91,954 shares of Samsara stock. The stock was sold at an average price of $35.61, for a total value of $3,274,481.94.
- On Tuesday, April 23rd, Sanjit Biswas sold 96,000 shares of Samsara stock. The stock was sold at an average price of $33.16, for a total value of $3,183,360.00.
- On Tuesday, April 16th, Sanjit Biswas sold 96,000 shares of Samsara stock. The stock was sold at an average price of $30.73, for a total value of $2,950,080.00.
Samsara Stock Performance
Shares of Samsara stock traded up $1.32 during trading on Wednesday, reaching $31.16. 4,540,539 shares of the stock were exchanged, compared to its average volume of 3,879,102. Samsara Inc. has a 1 year low of $21.48 and a 1 year high of $42.28. The stock’s fifty day moving average is $34.91 and its 200 day moving average is $34.30.
Analyst Upgrades and Downgrades
Read Our Latest Stock Report on IOT
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of IOT. Quarry LP bought a new stake in shares of Samsara in the 4th quarter worth about $37,000. Fred Alger Management LLC acquired a new position in Samsara during the 3rd quarter valued at approximately $28,000. Montag A & Associates Inc. increased its stake in Samsara by 1,200.0% during the 4th quarter. Montag A & Associates Inc. now owns 1,300 shares of the company’s stock valued at $43,000 after purchasing an additional 1,200 shares in the last quarter. Tradition Wealth Management LLC acquired a new position in Samsara during the 4th quarter valued at approximately $46,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Samsara by 31.9% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,575 shares of the company’s stock valued at $53,000 after purchasing an additional 381 shares in the last quarter. Hedge funds and other institutional investors own 89.39% of the company’s stock.
About Samsara
Samsara Inc provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.
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