Samsara gets a new buyer while insiders keep selling

The good, the bad, and the very stock-market thing

Samsara ($IOT) is getting a fresh vote of confidence from Sumitomo Mitsui Trust Group, which reportedly bought shares of the industrial software company. That’s the kind of move that can help keep a growth stock’s story from getting too lonely.

But the insiders are still heading for the exit

Here’s the awkward part: the same item also says co-founders Sanjit Biswas and John Bicket each sold 263,900 shares recently, with insiders dumping 2,696,007 shares worth about $76.8 million last quarter. That doesn’t automatically mean disaster — founders sell stock for all kinds of reasons — but it does add a little “hmm” to the bull case.

Why investors are still paying attention

The operating numbers are still pretty lively. Samsara said March-quarter revenue hit $444.3 million, up 28.3% from a year ago and above consensus. It also guided Q1 2027 EPS to 12 to 13 cents and FY 2027 EPS to 65 to 69 cents, which tells you the company is still leaning into the whole “grow first, profits later” playbook.

Big picture

So yes, you’ve got an institution buying, insiders selling, and a business that’s still trying to prove it can turn all that revenue growth into real earnings. That’s not a neat story — but the market rarely hands you neat stories. It hands you clues and lets you do the detective work.