In a report released today, James Fish from Piper Sandler reiterated a Hold rating on Samsara (IOT – Research Report), with a price target of $41.00. The company’s shares closed yesterday at $34.36.
According to TipRanks, Fish is a 5-star analyst with an average return of 11.2% and a 58.33% success rate. Fish covers the Technology sector, focusing on stocks such as F5 Networks, Juniper Networks, and NICE.
In addition to Piper Sandler, Samsara also received a Hold from BMO Capital’s Daniel Jester in a report issued today. However, on the same day, RBC Capital maintained a Buy rating on Samsara (NYSE: IOT).
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The company has a one-year high of $36.91 and a one-year low of $16.63. Currently, Samsara has an average volume of 3.45M.
Based on the recent corporate insider activity of 196 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IOT in relation to earlier this year. Most recently, in December 2023, Sanjit Biswas, the CEO of IOT sold 138,272.00 shares for a total of $4,692,615.75.
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Samsara (IOT) Company Description:
Samsara Inc provides an end-to-end solution for operations: The solution connects physical operations data to Connected Operations Cloud, which consists of the Data Platform and Application.
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