Why Samsara Inc. (IoT) crashed on Friday

Recently I published the list Ten shares took a shocking roe. In this article, we’ll see where Samsara Inc. (NYSE: IOT) faces other Friday worst-performing stocks.

Samsara closed the two-day rally on Friday, closing 4.55% at $45.10 as investors relocated their portfolio following the disposal of key shares in a company other than the CEO and another shareholder.

In a regulatory filing, Samsara Inc. (NYSE: IOT) announced that CEO Biswas Sanjit sold $160,000 worth of shares in the company on June 3 and 4.

A data analyst wearing virtual reality goggles while analyzing onboard telematics.

Meanwhile, John Bicket, who owns 10% of Samsara Inc. (NYSE: IOT), also disposed of $170,000 worth of shares in a series of transactions on June 3 and 4.

In the first quarter of 2026, Samsara Inc. (NYSE:IOT) reduced its net loss to 60.7%, reducing its $222 million, down from $56 million in the same period last year.

Revenues rose 30.69% from $280.7 million year-on-year to $366.88 million.

Samsara Inc. (NYSE: IOT) expects revenue to increase for the second quarter and for all fiscal years 2026. Revenues were fixed between $371 million and $373 million, while annual revenues are expected to reach between $1.54 billion and $155.5 billion.

Overall, IoT 7th place A list of the worst stocks on Friday. While we acknowledge the potential of IoT investment, our conviction lies in the belief that some AI stocks hold a greater promise to offer higher returns and limited downside risk. If you’re looking for a very inexpensive AI stock that is also a major beneficiary of Trump’s tariffs and supervision, check out our free report. The best short-term AI stock.

Read next: Best AI stocks to buy now and According to the billionaire, 30 best stocks to buy now.

Disclosure: None. This article was originally published Insider Monkey.