Samsara Inc. $IOT Stake Lessened by Lansforsakringar Fondforvaltning AB publ

Lansforsakringar Fondforvaltning AB publ lessened its stake in shares of Samsara Inc. (NYSE:IOT) by 21.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 100,626 shares of the company’s stock after selling 27,671 shares during the quarter. Lansforsakringar Fondforvaltning AB publ’s holdings in Samsara were worth $3,189,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Acumen Wealth Advisors LLC bought a new position in Samsara during the 4th quarter valued at $28,000. Caitong International Asset Management Co. Ltd increased its position in shares of Samsara by 312.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock valued at $31,000 after purchasing an additional 669 shares during the period. AlphaCentric Advisors LLC bought a new stake in shares of Samsara in the 4th quarter worth $36,000. IFP Advisors Inc raised its stake in shares of Samsara by 194.4% in the 3rd quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock worth $47,000 after buying an additional 828 shares in the last quarter. Finally, Los Angeles Capital Management LLC acquired a new stake in shares of Samsara in the fourth quarter valued at $52,000. Institutional investors own 96.02% of the company’s stock.

Insider Activity

In other Samsara news, Director Marc L. Andreessen sold 613,660 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $32.27, for a total value of $19,802,808.20. Following the completion of the transaction, the director directly owned 2,256,487 shares in the company, valued at $72,816,835.49. This trade represents a 21.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Jonathan Chadwick sold 10,000 shares of Samsara stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $33.47, for a total transaction of $334,700.00. Following the completion of the transaction, the director directly owned 43,865 shares in the company, valued at approximately $1,468,161.55. This trade represents a 18.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 4,468,937 shares of company stock worth $139,569,327. 35.13% of the stock is owned by company insiders.

Samsara Stock Up 5.4%

Shares of NYSE IOT opened at $36.01 on Friday. The stock has a market capitalization of $20.99 billion, a price-to-earnings ratio of 360.17, a PEG ratio of 8.01 and a beta of 1.35. The stock’s fifty day simple moving average is $31.59 and its 200 day simple moving average is $31.49. Samsara Inc. has a 52-week low of $23.38 and a 52-week high of $47.47.

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

Analyst Ratings Changes

IOT has been the topic of a number of research analyst reports. Piper Sandler reaffirmed an “overweight” rating and set a $40.00 target price (up from $39.00) on shares of Samsara in a report on Friday, June 5th. Jefferies Financial Group raised shares of Samsara to a “buy” rating in a report on Thursday, June 11th. TD Cowen restated a “buy” rating and set a $45.00 price objective on shares of Samsara in a research report on Thursday, June 25th. BTIG Research restated a “buy” rating and set a $45.00 price objective on shares of Samsara in a research report on Friday, June 26th. Finally, Weiss Ratings raised shares of Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a research note on Monday, June 15th. One 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 company. According to data from MarketBeat, Samsara has a consensus rating of “Moderate Buy” and a consensus price target of $45.94.

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.