Samsara Inc (IOT)’s Day in Review: Closing at 33.93, Down by -3.77

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After finishing at $35.26 in the prior trading day, Samsara Inc (NYSE: IOT) closed at $33.93, down -3.77%. In other words, the price has decreased by -$3.77 from its previous closing price. On the day, 9.57 million shares were traded. IOT stock price reached its highest trading level at $35.18 during the session, while it also had its lowest trading level at $32.67.


Our goal is to gain a better understanding of IOT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.09.

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, Loop Capital on April 18, 2024, initiated with a Buy rating and assigned the stock a target price of $42.

On October 25, 2023, FBN Securities started tracking the stock assigning a Outperform rating and target price of $30.

On April 21, 2023, Truist started tracking the stock assigning a Hold rating and target price of $20.Truist initiated its Hold rating on April 21, 2023, with a $20 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 May 28 ’24 when Bicket John sold 96,000 shares for $37.81 per share. The transaction valued at 3,630,202 led to the insider holds 1,940,462 shares of the business.

Biswas Sanjit sold 96,000 shares of IOT for $3,630,201 on May 28 ’24. The CHIEF EXECUTIVE OFFICER now owns 1,488,712 shares after completing the transaction at $37.81 per share. On May 23 ’24, another insider, Bicket John, who serves as the insider of the company, sold 7,855 shares for $40.15 each. As a result, the insider received 315,355 and left with 2,036,462 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 18688813056 and an Enterprise Value of 18231062528. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.19 while its Price-to-Book (P/B) ratio in mrq is 20.24. Its current Enterprise Value per Revenue stands at 19.449 whereas that against EBITDA is -76.223.

Stock Price History:

Over the past 52 weeks, IOT has reached a high of $42.28, while it has fallen to a 52-week low of $18.61. The 50-Day Moving Average of the stock is -6.59%, while the 200-Day Moving Average is calculated to be 8.55%.

Shares Statistics:

The stock has traded on average 3.73M shares per day over the past 3-months and 3370670 shares per day over the last 10 days, according to various share statistics. A total of 200.99M shares are outstanding, with a floating share count of 193.33M. Insiders hold about 65.33% of the company’s shares, while institutions hold 28.01% stake in the company. Shares short for IOT as of 1715731200 were 12055562 with a Short Ratio of 3.23, compared to 1713139200 on 11615201. Therefore, it implies a Short% of Shares Outstanding of 12055562 and a Short% of Float of 6.6000000000000005.

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