Wellington Management Group LLP Increases Stake in Samsara Inc. $IOT

Wellington Management Group LLP increased its stake in Samsara Inc. (NYSE:IOT) by 9.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,327,606 shares of the company’s stock after buying an additional 813,922 shares during the period. Wellington Management Group LLP owned 1.60% of Samsara worth $302,494,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Acumen Wealth Advisors LLC purchased a new position in shares of Samsara during the 4th quarter worth approximately $28,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of Samsara by 312.6% in 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 purchased a new position in shares of Samsara in the 4th quarter valued at approximately $36,000. IFP Advisors Inc boosted 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 purchasing an additional 828 shares in the last quarter. Finally, Los Angeles Capital Management LLC bought a new stake in shares of Samsara during the fourth quarter valued at approximately $52,000. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Samsara Stock Up 0.1%

IOT stock opened at $41.21 on Monday. The business has a 50 day moving average of $36.93 and a 200 day moving average of $32.85. The firm has a market cap of $24.01 billion, a PE ratio of 412.14, a price-to-earnings-growth ratio of 9.24 and a beta of 1.34. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $47.47.

Samsara (NYSE:IOT) last released its earnings results on Thursday, June 4th. The company reported $0.17 EPS for the quarter, topping 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 for the quarter, compared to the consensus estimate of $455.21 million. During the same period in the previous year, the company posted $0.11 earnings per share. The company’s revenue for the quarter 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. On average, research analysts expect that Samsara Inc. will post 0.15 earnings per share for the current fiscal year.

Insider Transactions at Samsara

In other Samsara news, insider John Bicket sold 245,925 shares of Samsara stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $36.77, for a total value of $9,042,662.25. Following the completion of the transaction, the insider directly owned 94,000 shares of the company’s stock, valued at approximately $3,456,380. The trade was a 72.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sanjit Biswas sold 244,805 shares of the company’s stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $36.77, for a total transaction of $9,001,479.85. Following the completion of the transaction, the chief executive officer owned 94,000 shares in the company, valued at approximately $3,456,380. This represents a 72.26% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 4,478,170 shares of company stock valued at $159,242,120 in the last quarter. 35.13% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have issued reports on IOT shares. BTIG Research reiterated a “buy” rating and issued a $45.00 price objective on shares of Samsara in a report on Friday, June 26th. Zacks Research cut shares of Samsara from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. Wolfe Research reaffirmed an “outperform” rating on shares of Samsara in a research report on Thursday, June 11th. Weiss Ratings upgraded shares of Samsara from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, August 11th. Finally, Truist Financial lifted their price target on shares of Samsara from $30.00 to $38.00 and gave the company a “hold” rating in a research report on Wednesday, August 19th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Samsara currently has a consensus rating of “Moderate Buy” and an average price target of $46.67.

Samsara 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.