Samsara Inc (NYSE:IOT) has a beta value of 1.48 and has seen 1.13 million shares traded in the recent trading session. The company, currently valued at $21.83B, closed the recent trade at $39.63 per share which meant it gained $1.45 on the day or 3.80% during that session. The IOT stock price is -6.69% off its 52-week high price of $42.28 and 45.8% above the 52-week low of $21.48. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.64 million shares traded. The 3-month trading volume is 3.89 million shares.
The consensus among analysts is that Samsara Inc (IOT) is Buy stock at the moment, with a recommendation rating of 1.75. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 10 have rated it as a Hold, with 8 advising it as a Buy. 0 have rated the stock as Underweight.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Samsara Inc (NYSE:IOT) trade information
Sporting 3.80% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the IOT stock price touched $39.63 or saw a rise of 0.5%. Year-to-date, Samsara Inc shares have moved 18.72%, while the 5-day performance has seen it change 7.63%. Over the past 30 days, the shares of Samsara Inc (NYSE:IOT) have changed 5.26%. Short interest in the company has seen 14.91 million shares shorted with days to cover at 5.63.
Wall Street analysts have a consensus price target for the stock at $38, which means that the shares’ value could drop -4.29% from the levels at last check today. The projected low price target is $17.0 while the price target rests at a high of $47.0. In that case, then, we find that the latest price level in today’s session is -18.6% off the targeted high while a plunge would see the stock lose 57.1% from the levels at last check today.
Samsara Inc (IOT) estimates and forecasts
Figures show that Samsara Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 14.90% over the past 6 months, with this year growth rate of 85.71%, compared to 22.10% for the industry.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -4.47% over the past 5 years.
Samsara Inc (NYSE:IOT)’s Major holders
Insiders own 3.12% of the company shares, while shares held by institutions stand at 83.83% with a share float percentage of 86.53%. Investors are also buoyed by the number of investors in a company, with Samsara Inc having a total of 453.0 institutions that hold shares in the company. The top two institutional holders are GENERAL CATALYST GROUP MANAGEMENT, LLC with over 26.3 million shares worth more than $993.77 million. As of 2024-03-31, GENERAL CATALYST GROUP MANAGEMENT, LLC held 4.9165% of shares outstanding.
The other major institutional holder is BAILLIE GIFFORD & CO, with the holding of over 23.23 million shares as of 2024-03-31. The firm’s total holdings are worth over $877.68 million and represent 4.3422% of shares outstanding.
