Insight Holdings Group LLC Has $6.62 Million Stake in Samsara Inc. $IOT

Insight Holdings Group LLC decreased its position in shares of Samsara Inc. (NYSE:IOT) by 9.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 186,640 shares of the company’s stock after selling 20,560 shares during the period. Samsara accounts for 0.5% of Insight Holdings Group LLC’s investment portfolio, making the stock its 20th biggest holding. Insight Holdings Group LLC’s holdings in Samsara were worth $6,616,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IOT. Acumen Wealth Advisors LLC acquired a new position in shares of Samsara during the fourth quarter valued at about $28,000. Caitong International Asset Management Co. Ltd raised its position in shares of Samsara by 312.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock valued at $31,000 after buying an additional 669 shares during the last quarter. AlphaCentric Advisors LLC acquired a new position in shares of Samsara during the fourth quarter valued at about $36,000. Optiver Holding B.V. raised its position in shares of Samsara by 953.2% during the third quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock valued at $44,000 after buying an additional 1,058 shares during the last quarter. Finally, IFP Advisors Inc raised its position in shares of Samsara by 194.4% during the third quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock valued at $47,000 after buying an additional 828 shares during the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Samsara Stock Down 3.2%

NYSE IOT opened at $31.60 on Thursday. The stock has a market cap of $18.35 billion, a P/E ratio of 316.04, a PEG ratio of 7.63 and a beta of 1.34. The company’s 50-day simple moving average is $30.89 and its 200 day simple moving average is $32.22. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $47.47.

Samsara (NYSE:IOT) last posted its earnings results on Thursday, June 4th. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The business had revenue of $478.84 million for the quarter, compared to analysts’ expectations of $455.21 million. Samsara had a net margin of 3.32% and a return on equity of 2.00%. The firm’s revenue for the quarter was up 30.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.11 earnings per share. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. Research analysts anticipate that Samsara Inc. will post 0.15 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. BTIG Research reaffirmed a “buy” rating and set a $45.00 price objective on shares of Samsara in a research report on Friday, June 5th. Wells Fargo & Company upped their price objective on shares of Samsara from $46.00 to $50.00 and gave the company an “overweight” rating in a research report on Friday, June 5th. BMO Capital Markets upped their price objective on shares of Samsara from $40.00 to $44.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. Piper Sandler reaffirmed an “overweight” rating and set a $40.00 price objective (up from $39.00) on shares of Samsara in a research report on Friday, June 5th. Finally, Wolfe Research reissued an “outperform” rating on shares of Samsara in a research note on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Samsara has a consensus rating of “Moderate Buy” and a consensus price target of $46.53.

Insiders Place Their Bets

In related news, insider Sanjit Biswas sold 31,081 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $31.21, for a total value of $970,038.01. Following the sale, the insider owned 307,056 shares of the company’s stock, valued at $9,583,217.76. The trade was a 9.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Dominic Phillips sold 19,547 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $35.39, for a total transaction of $691,768.33. Following the completion of the sale, the insider directly owned 929,575 shares in the company, valued at approximately $32,897,659.25. The trade was a 2.06% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 4,988,722 shares of company stock valued at $155,944,374 over the last 90 days. Company insiders own 35.13% of the company’s stock.

Samsara Company Profile

Samsara develops an industrial Internet of Things (IoT) platform designed to help organizations monitor, manage, and optimize physical operations. The company combines connected hardware — including telematics devices, GPS trackers, dash cameras, and environmental sensors — with cloud-based software to provide real-time visibility into vehicles, mobile equipment, and fixed assets. Its software offers tools for fleet management, driver and worker safety, asset tracking, compliance (including electronic logging), maintenance scheduling, and operational analytics.

The Samsara platform emphasizes integration of live data streams with analytics and workflow features to drive efficiency and safety across industries that rely on dispersed equipment and mobile workforces.