Sands Capital Management LLC Has $677.92 Million Stock Position in Samsara Inc. $IOT

Sands Capital Management LLC reduced its position in Samsara Inc. (NYSE:IOT) by 6.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 19,123,318 shares of the company’s stock after selling 1,395,014 shares during the period. Samsara comprises 2.1% of Sands Capital Management LLC’s holdings, making the stock its 23rd largest position. Sands Capital Management LLC’s holdings in Samsara were worth $677,922,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of IOT. Acumen Wealth Advisors LLC acquired a new stake in Samsara in the 4th quarter valued at about $28,000. Caitong International Asset Management Co. Ltd lifted its position in Samsara by 312.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock worth $31,000 after acquiring an additional 669 shares during the last quarter. AlphaCentric Advisors LLC acquired a new stake in Samsara during the fourth quarter worth approximately $36,000. Optiver Holding B.V. lifted its position in Samsara by 953.2% during the third quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock worth $44,000 after acquiring an additional 1,058 shares during the last quarter. Finally, IFP Advisors Inc lifted its position in Samsara by 194.4% during the third quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock worth $47,000 after acquiring an additional 828 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Samsara

In other news, Director Marc L. Andreessen sold 613,660 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $32.27, for a total transaction of $19,802,808.20. Following the transaction, the director directly owned 2,256,487 shares of the company’s stock, valued at approximately $72,816,835.49. This trade represents a 21.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider John Bicket sold 168,227 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $28.58, for a total transaction of $4,807,927.66. Following the transaction, the insider directly owned 15,200 shares in the company, valued at $434,416. This represents a 91.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 4,976,173 shares of company stock valued at $155,523,670. 35.13% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several brokerages have issued reports on IOT. Jefferies Financial Group upgraded shares of Samsara to a “buy” rating in a research report on Thursday. Wolfe Research restated an “outperform” rating on shares of Samsara in a research report on Thursday. BTIG Research restated a “buy” rating and set a $45.00 price objective on shares of Samsara in a research report on Friday, June 5th. Truist Financial cut their price objective on shares of Samsara from $39.00 to $30.00 and set a “hold” rating for the company in a research report on Tuesday, February 17th. Finally, KeyCorp raised 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. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Samsara has an average rating of “Moderate Buy” and an average price target of $46.53.

Samsara Trading Down 0.3%

Shares of IOT opened at $33.57 on Monday. Samsara Inc. has a 12 month low of $23.38 and a 12 month high of $47.47. The firm’s 50 day moving average is $30.85 and its 200-day moving average is $32.32. The stock has a market capitalization of $19.50 billion, a PE ratio of 335.76, a P/E/G ratio of 7.86 and a beta of 1.34.

Samsara (NYSE:IOT) last announced 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 net margin of 3.32% and a return on equity of 2.00%. The company had revenue of $478.84 million for the quarter, compared to analysts’ expectations of $455.21 million. During the same period last year, the firm earned $0.11 earnings per share. The business’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. Equities research analysts predict that Samsara Inc. will post 0.15 earnings per share for the current fiscal year.

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.