We recently published a list of 15 Stocks With The Most Insider Sales In The Last Quarter. In this article, we are going to take a look at where Samsara Inc. (NYSE:IOT) stands against other stocks with the most insider sales in the last quarter.
A veil of uncertainty has hung over Wall Street these past few weeks, and the cover seems even tighter as investors and economists hold their breath ahead of the Fed’s big announcement on Wednesday.
The Fed will reveal its interest rate decision, which will be followed by a press conference with Fed Chair Jerome Powell. Since September, the Fed has cut interest rates three times, and still, the broader market entered a correction. Many experts believe that interest rate cuts are off the table for this month and are focusing on the Fed officials’ ‘dot plot’ and future rate decisions, according to Yahoo Finance.
Amid these expectations, blue-chip companies dropped 0.62%, the broader market index declined 1.07%, and the NASDAQ Composite fell 1.71%, remaining in correction territory. NASDAQ Composite was dragged by some of the biggest gems in the tech sector.
Evercore ISI’s Julian Emanuel said that Powell should calm the market by assuring investors the economic growth is still healthy and that inflation is expected to move toward the Fed’s 2% target.
Scott Helfstein, Global X’s head of investment strategy noted that even though there are some risks to price stability and full employment “this is not time to sell and go away, but perhaps time to review long-term strategy against near-term volatility.”
As political and economic landscapes shift, some analysts remain optimistic about AI technology’s growth potential. Insider trading often draws attention during such times, as company executives have unique insights into their organizations. For example, when a CEO or CFO buys company stock, it may signal confidence in the company’s future.
However, insider selling doesn’t necessarily reflect a lack of faith in the company. It could be driven by personal financial needs or a desire to diversify assets. Executives often use pre-established plans, like 10b5-1 plans, to ensure transparency and avoid accusations of improper timing.
While insider trading can offer valuable clues, it’s crucial to consider it alongside factors like financial performance, market trends, and industry developments.
Our Methodology
We’ll focus on the stocks with the highest number of insider sales in the past quarter. Using Insider Monkey’s insider trading screener, we’ve identified stocks where at least five insiders made sales between October 1 and December 31. From this group, we’ve highlighted the 15 stocks with the most individual sales.
Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
For each stock, we provide details on the number of insider sales and the company’s current market capitalization. Let’s take a look at the 15 stocks with the most insider sales in the last quarter.
A data analyst wearing virtual reality goggles while analyzing on-board telematics.
Samsara Inc. (NYSE:IOT)
Number of Insiders Selling: 11
Market Capitalization: $21.39 billion
Samsara, headquartered in San Francisco, California, specializes in Internet of Things (IoT) solutions, offering internet-connected sensor hardware and software for industrial IoT applications and fleet management. Its Connected Operations Cloud helps organizations enhance operational efficiency, safety, and sustainability by integrating and analyzing IoT data.
For fiscal 2025, Samsara reported $1.25 billion in revenue, up from $937.39 million in fiscal 2024. Net loss amounted to $154.91 million, an improvement from a loss of $286.73 million in fiscal 2024.
Recently, the company introduced CTC Manager, a California Air Resources Board (CARB) certified solution designed to simplify emissions compliance for fleets in the state by automating emissions data collection and reporting, reducing downtime and administrative costs.
In the last quarter, 11 insiders, including the company’s CEO, sold a total of $150.2 million worth of Samsara shares at an average price of $48.22 per share. Currently, the stock trades at $39.39 per share, having lost 9.84% year-to-date. However, over the past 12 months, Samsara returned 7.04% to its investors.
Fourteen analysts rate Samsara shares as a “Moderate Buy” with a price target of $51.67, according to TipRanks. The average price target suggests 31.31% upside from the last price.
Overall, IOT ranks 15th on our list of stocks with the most insider sales in the last quarter. While we acknowledge the potential of IOT, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than IOT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
