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Samsara Inc (NYSE: IOT) closed the day trading at $38.75 up 0.23% from the previous closing price of $38.66. In other words, the price has increased by $0.23 from its previous closing price. On the day, 4.44 million shares were traded. IOT stock price reached its highest trading level at $39.3499 during the session, while it also had its lowest trading level at $37.905.
Ratios:
For a better understanding of IOT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.31 and its Current Ratio is at 1.36. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.08.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BofA Securities on June 20, 2024, initiated with a Buy rating and assigned the stock a target price of $37.
On April 18, 2024, Loop Capital started tracking the stock assigning a Buy rating and target price of $42.
On October 25, 2023, FBN Securities started tracking the stock assigning a Outperform rating and target price of $30.FBN Securities initiated its Outperform rating on October 25, 2023, with a $30 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 03 ’24 when Bicket John sold 93,212 shares for $39.92 per share. The transaction valued at 3,721,050 led to the insider holds 76,800 shares of the business.
Bicket John sold 2,788 shares of IOT for $107,466 on Sep 04 ’24. The insider now owns 307,200 shares after completing the transaction at $38.55 per share. On Sep 03 ’24, another insider, Biswas Sanjit, who serves as the CHIEF EXECUTIVE OFFICER of the company, sold 93,107 shares for $39.92 each. As a result, the insider received 3,716,806 and left with 76,800 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IOT now has a Market Capitalization of 21294170112 and an Enterprise Value of 20843034624. For the stock, the TTM Price-to-Sale (P/S) ratio is 21.05 while its Price-to-Book (P/B) ratio in mrq is 23.10. Its current Enterprise Value per Revenue stands at 20.559 whereas that against EBITDA is -91.264.
Stock Price History:
Over the past 52 weeks, IOT has reached a high of $42.49, while it has fallen to a 52-week low of $21.48. The 50-Day Moving Average of the stock is 3.40%, while the 200-Day Moving Average is calculated to be 11.52%.
Shares Statistics:
Over the past 3-months, IOT traded about 3.77M shares per day on average, while over the past 10 days, IOT traded about 2834880 shares per day. A total of 200.99M shares are outstanding, with a floating share count of 197.34M. Insiders hold about 64.17% of the company’s shares, while institutions hold 33.29% stake in the company. Shares short for IOT as of 1723680000 were 15309554 with a Short Ratio of 4.06, compared to 1721001600 on 13277018. Therefore, it implies a Short% of Shares Outstanding of 15309554 and a Short% of Float of 8.34.
