Samsara Inc (NYSE:IOT) has a beta value of 1.75 and has seen 1.12 million shares traded in the recent trading session. The company, currently valued at $21.26B, closed the recent trade at $37.89 per share which meant it gained $1.99 on the day or 5.54% during that session. The IOT stock price is -63.37% off its 52-week high price of $61.90 and 28.37% above the 52-week low of $27.14. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.3 million shares traded. The 3-month trading volume is 3.64 million shares.
The consensus among analysts is that Samsara Inc (IOT) is Buy stock at the moment, with a recommendation rating of 1.90. 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.
Samsara Inc (NYSE:IOT) trade information
Sporting 5.54% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the IOT stock price touched $37.89 or saw a rise of 14.08%. Year-to-date, Samsara Inc shares have moved -13.28%, while the 5-day performance has seen it change -13.08%. Over the past 30 days, the shares of Samsara Inc (NYSE:IOT) have changed -31.13%. Short interest in the company has seen 10.46 million shares shorted with days to cover at 3.09.
Wall Street analysts have a consensus price target for the stock at $51, which means that the shares’ value could jump 25.71% from the levels at last check today. The projected low price target is $42.0 while the price target rests at a high of $63.0. In that case, then, we find that the latest price level in today’s session is -66.27% off the targeted high while a plunge would see the stock gain -10.85% from the levels at last check today.
Samsara Inc (IOT) estimates and forecasts
The company’s shares have lost -17.88% over the past 6 months.
IOT Dividends
Samsara Inc is expected to release its next earnings report on 2025-Mar-05 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Samsara Inc (NYSE:IOT)’s Major holders
Insiders own 3.62% of the company shares, while shares held by institutions stand at 90.65% with a share float percentage of 94.05%. Investors are also buoyed by the number of investors in a company, with Samsara Inc having a total of 616.0 institutions that hold shares in the company. The top two institutional holders are BAILLIE GIFFORD & CO with over 27.43 million shares worth more than $924.5 million. As of 2024-06-30, BAILLIE GIFFORD & CO held 4.9526% of shares outstanding.
The other major institutional holder is GENERAL CATALYST GROUP MANAGEMENT, LLC, with the holding of over 26.3 million shares as of 2024-06-30. The firm’s total holdings are worth over $886.21 million and represent 4.7475% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Price (T.Rowe) New Horizons Fund and Vanguard Total Stock Market Index Fund. As of Dec 31, 2024, the former fund manager holds about 2.62% shares in the company for having 7.07 shares of worth $266.48 million while later fund manager owns 6.33 shares of worth $238.81 million as of Dec 31, 2024, which makes it owner of about 2.35% of company’s outstanding stock.
