Virtu Financial LLC Invests $591,000 in Samsara Inc. $IOT

Virtu Financial LLC bought a new stake in shares of Samsara Inc. (NYSE:IOT) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 16,668 shares of the company’s stock, valued at approximately $591,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Westfield Capital Management Co. LP raised its stake in shares of Samsara by 7.1% in the third quarter. Westfield Capital Management Co. LP now owns 3,801,787 shares of the company’s stock valued at $141,617,000 after acquiring an additional 252,681 shares during the period. American Century Companies Inc. boosted its stake in shares of Samsara by 13.7% during the 3rd quarter. American Century Companies Inc. now owns 1,786,790 shares of the company’s stock worth $66,558,000 after purchasing an additional 214,793 shares during the period. OneDigital Investment Advisors LLC grew its holdings in Samsara by 184.2% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 180,153 shares of the company’s stock valued at $6,711,000 after purchasing an additional 116,767 shares during the last quarter. Quantbot Technologies LP grew its holdings in Samsara by 9,688.4% during the 3rd quarter. Quantbot Technologies LP now owns 65,778 shares of the company’s stock valued at $2,450,000 after purchasing an additional 65,106 shares during the last quarter. Finally, Nordea Investment Management AB raised its position in Samsara by 18.8% in the 4th quarter. Nordea Investment Management AB now owns 2,467,232 shares of the company’s stock worth $88,228,000 after purchasing an additional 389,751 shares during the period. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on IOT shares. TD Cowen restated a “buy” rating on shares of Samsara in a research report on Friday, May 22nd. Jefferies Financial Group upgraded Samsara to a “buy” rating in a report on Thursday, June 11th. Wells Fargo & Company boosted their price objective on Samsara from $46.00 to $50.00 and gave the company an “overweight” rating in a report on Friday, June 5th. Wolfe Research reiterated an “outperform” rating on shares of Samsara in a research note on Thursday, June 11th. Finally, Evercore reissued an “outperform” rating on shares of Samsara in a research note on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $46.53.

Samsara Stock Down 1.9%

Shares of NYSE IOT opened at $31.10 on Tuesday. The business has a fifty day simple moving average of $31.05 and a two-hundred day simple moving average of $32.09. The firm has a market cap of $18.12 billion, a PE ratio of 311.03, a price-to-earnings-growth ratio of 7.40 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 issued its earnings results on Thursday, June 4th. The company reported $0.17 earnings per share 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 during the quarter, compared to analysts’ expectations of $455.21 million. During the same period in the prior year, the business earned $0.11 EPS. The business’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 year.

Insider Buying and Selling

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 transaction of $19,802,808.20. Following the transaction, the director 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 position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Benjamin Louis Kirchhoff sold 2,549 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $33.74, for a total transaction of $86,003.26. Following the completion of the sale, the chief accounting officer owned 167,269 shares of the company’s stock, valued at approximately $5,643,656.06. This represents a 1.50% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 4,983,249 shares of company stock valued at $155,762,068 over the last quarter. 35.13% of the stock is owned by company insiders.

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.