In recent trading session, Samsara Inc (NYSE:IOT) saw 0.53 million shares changing hands at last check today with its beta currently measuring 1.55. Company’s recent per share price level of $36.68 trading at -$0.5 or -1.34% at last check today assigns it a market valuation of $19.81B. That most recent trading price of IOT’s stock is at a discount of -10.52% from its 52-week high price of $40.54 and is indicating a premium of 54.66% from its 52-week low price of $16.63. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.6 million shares which gives us an average trading volume of 3.82 million if we extend that period to 3-months.
Samsara Inc (NYSE:IOT) trade information
Upright in the red during last session for losing -1.34%, in the last five days IOT remained trading in the green while hitting it’s week-highest on Thursday, 03/21/24 when the stock touched $36.68 price level, adding 4.0% to its value on the day. Samsara Inc’s shares saw a change of 9.89% in year-to-date performance and have moved 2.57% in past 5-day. Samsara Inc (NYSE:IOT) showed a performance of 12.21% in past 30-days. Number of shares sold short was 11.36 million shares which calculate 3.38 days to cover the short interests.
Samsara Inc (IOT) estimates and forecasts
Statistics highlight that Samsara Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 55.75% of value to its shares in past 6 months, showing an annual growth rate of 71.43% while that of industry is 20.00. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 27.50% from the last financial year’s standing.
12 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $272.39 million for the same. And 12 analysts are in estimates of company making revenue of $287.29 million in the next quarter that will end on Jul 2024.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -4.47% during past 5 years.
IOT Dividends
Samsara Inc is more likely to be releasing its next quarterly report between May 30 and June 03 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Samsara Inc (NYSE:IOT)’s Major holders
Insiders are in possession of 3.78% of company’s total shares while institution are holding 85.12 percent of that, with stock having share float percentage of 88.46%. Investors also watch the number of corporate investors in a company very closely, which is 85.12% institutions for Samsara Inc that are currently holding shares of the company. General Catalyst Group Management, LLC is the top institutional holder at IOT for having 30.24 million shares of worth $1.1 billion. And as of Dec 30, 2023, it was holding 16.01% of the company’s outstanding shares.
The second largest institutional holder is Baillie Gifford and Company, which was holding about 22.4 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 11.86% of outstanding shares, having a total worth of $816.09 million.
On the other hand, Price (T.Rowe) New Horizons Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 30, 2023, the former fund manager was holding 9.35 million shares of worth $340.69 million or 4.95% of the total outstanding shares. The later fund manager was in possession of 4.81 million shares on Dec 30, 2023, making its stake of worth around $175.29 million in the company or a holder of 2.55% of company’s stock.
