Fox Run Management L.L.C. Makes New Investment in Samsara Inc. $IOT

Fox Run Management L.L.C. bought a new position in shares of Samsara Inc. (NYSE:IOT) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 44,714 shares of the company’s stock, valued at approximately $1,585,000.

Several other institutional investors also recently made changes to their positions in the stock. LPL Financial LLC boosted its position in shares of Samsara by 62.9% during the 4th quarter. LPL Financial LLC now owns 308,623 shares of the company’s stock worth $10,941,000 after purchasing an additional 119,136 shares in the last quarter. Franklin Resources Inc. boosted its position in shares of Samsara by 26.7% in the 4th quarter. Franklin Resources Inc. now owns 27,007 shares of the company’s stock worth $957,000 after buying an additional 5,691 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its position in shares of Samsara by 12.0% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 14,242 shares of the company’s stock worth $505,000 after buying an additional 1,522 shares in the last quarter. Los Angeles Capital Management LLC purchased a new stake in shares of Samsara in the 4th quarter worth about $52,000. Finally, Vestcor Inc boosted its position in shares of Samsara by 59.5% in the 4th quarter. Vestcor Inc now owns 7,003 shares of the company’s stock worth $248,000 after buying an additional 2,612 shares in the last quarter. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Sanjit Biswas sold 168,272 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $28.58, for a total value of $4,809,213.76. Following the completion of the transaction, the insider owned 15,200 shares of the company’s stock, valued at approximately $434,416. The trade was a 91.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Bicket sold 168,227 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $28.58, for a total transaction of $4,807,927.66. Following the completion of the transaction, the insider directly owned 15,200 shares of the company’s stock, valued at $434,416. The trade was a 91.71% decrease in their position. 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. Insiders sold a total of 2,700,139 shares of company stock valued at $79,212,871 in the last three months. 35.13% of the stock is currently owned by corporate insiders.

Samsara Trading Down 2.3%

Shares of IOT stock opened at $33.99 on Tuesday. The firm has a 50-day moving average price of $30.70 and a 200 day moving average price of $32.41. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $47.47. The company has a market capitalization of $19.74 billion, a price-to-earnings ratio of 339.90, a PEG ratio of 10.35 and a beta of 1.34.

Samsara (NYSE:IOT) last announced its earnings results on Thursday, June 4th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.04. Samsara had a net margin of 3.32% and a return on equity of 2.07%. The firm had revenue of $478.84 million during the quarter, compared to the consensus estimate of $455.21 million. During the same quarter in the previous year, the company posted $0.11 EPS. The firm’s revenue for the quarter was up 30.5% on a year-over-year basis. 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, research analysts predict that Samsara Inc. will post 0.08 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts recently commented on IOT shares. Royal Bank Of Canada boosted their price objective on shares of Samsara from $41.00 to $42.00 and gave the stock an “outperform” rating in a research report on Friday. KeyCorp boosted their price objective on shares of Samsara from $40.00 to $41.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. Evercore reiterated an “outperform” rating on shares of Samsara in a research report on Friday, March 6th. BMO Capital Markets boosted their price objective on shares of Samsara from $40.00 to $44.00 and gave the stock an “outperform” rating in a research report on Friday, March 6th. Finally, TD Cowen reiterated a “buy” rating on shares of Samsara in a research report on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $46.53.

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.