Samsara Inc. $IOT Shares Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC raised its stake in shares of Samsara Inc. (NYSE:IOT) by 218.4% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 22,846 shares of the company’s stock after buying an additional 15,671 shares during the period. Sequoia Financial Advisors LLC’s holdings in Samsara were worth $724,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of IOT. Lazard Asset Management LLC grew its holdings in Samsara by 2.0% during the third quarter. Lazard Asset Management LLC now owns 13,971 shares of the company’s stock worth $520,000 after acquiring an additional 279 shares during the period. Cim LLC lifted its holdings in Samsara by 1.0% in the third quarter. Cim LLC now owns 32,700 shares of the company’s stock valued at $1,218,000 after acquiring an additional 326 shares during the period. Empowered Funds LLC boosted its position in Samsara by 3.4% in the 1st quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock worth $390,000 after purchasing an additional 335 shares in the last quarter. IFG Advisory LLC boosted its position in Samsara by 0.8% in the 4th quarter. IFG Advisory LLC now owns 44,814 shares of the company’s stock worth $1,589,000 after purchasing an additional 372 shares in the last quarter. Finally, Summit Financial LLC grew its stake in shares of Samsara by 1.4% during the 4th quarter. Summit Financial LLC now owns 29,487 shares of the company’s stock worth $1,045,000 after purchasing an additional 419 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

Insider Buying and Selling at Samsara

In other 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 sale, the insider owned 94,000 shares in the company, valued at $3,456,380. This trade represents a 72.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Marc L. Andreessen sold 613,660 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $32.27, for a total transaction of $19,802,808.20. Following the sale, the director directly owned 2,256,487 shares of the company’s stock, valued at $72,816,835.49. This represents a 21.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 4,470,110 shares of company stock valued at $144,679,079 over the last ninety days. Corporate insiders own 35.13% of the company’s stock.

Analysts Set New Price Targets

IOT has been the subject of several recent research reports. Zacks Research lowered shares of Samsara from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. Weiss Ratings raised shares of Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a report on Monday, June 15th. Royal Bank Of Canada lifted their price objective on shares of Samsara from $41.00 to $42.00 and gave the company an “outperform” rating in a report on Friday, June 5th. Wells Fargo & Company lifted their price objective on shares of Samsara from $46.00 to $50.00 and gave the company an “overweight” rating in a 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 given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $45.94.

Samsara Price Performance

Shares of IOT stock opened at $38.35 on Friday. Samsara Inc. has a 1-year low of $23.38 and a 1-year high of $47.47. The company has a market cap of $22.35 billion, a price-to-earnings ratio of 383.58, a PEG ratio of 8.98 and a beta of 1.35. The stock has a 50 day simple moving average of $33.17 and a 200-day simple moving average of $31.46.

Samsara (NYSE:IOT) last released its quarterly earnings results on Thursday, June 4th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The firm 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% compared to the same quarter last year. During the same quarter last year, the company earned $0.11 EPS. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. Analysts anticipate that Samsara Inc. will post 0.15 earnings per share for the current fiscal year.

About Samsara

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.