First Bank & Trust Increases Stake in Samsara Inc. $IOT

First Bank & Trust raised its position in Samsara Inc. (NYSE:IOT) by 210.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,446 shares of the company’s stock after purchasing an additional 27,420 shares during the quarter. First Bank & Trust’s holdings in Samsara were worth $1,434,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in IOT. Lazard Asset Management LLC lifted its holdings in Samsara by 2.0% during the 3rd quarter. Lazard Asset Management LLC now owns 13,971 shares of the company’s stock valued at $520,000 after buying an additional 279 shares in the last quarter. KLP Kapitalforvaltning AS lifted its position in shares of Samsara by 0.3% in the 3rd quarter. KLP Kapitalforvaltning AS now owns 113,900 shares of the company’s stock worth $4,243,000 after purchasing an additional 300 shares during the period. Jefferies Financial Group Inc. boosted its stake in shares of Samsara by 1.6% during the third quarter. Jefferies Financial Group Inc. now owns 20,995 shares of the company’s stock valued at $782,000 after purchasing an additional 322 shares in the last quarter. Cim LLC boosted its position in Samsara by 1.0% during the 3rd quarter. Cim LLC now owns 32,700 shares of the company’s stock valued at $1,218,000 after acquiring an additional 326 shares in the last quarter. Finally, Empowered Funds LLC boosted its position in Samsara by 3.4% during the first quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after purchasing an additional 335 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors.

Samsara Trading Down 0.8%

Shares of Samsara stock opened at $31.84 on Thursday. The firm’s 50-day moving average price is $29.87 and its 200 day moving average price is $35.31. The firm has a market capitalization of $18.49 billion, a PE ratio of -1,591.15, a P/E/G ratio of 11.77 and a beta of 1.60. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $48.40.

Samsara (NYSE:IOT) last issued its quarterly earnings results on Thursday, March 5th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.13 by $0.05. Samsara had a negative return on equity of 0.72% and a negative net margin of 0.56%.The firm had revenue of $444.30 million during the quarter, compared to analysts’ expectations of $422.29 million. During the same period in the previous year, the business earned $0.11 earnings per share. The firm’s revenue for the quarter was up 28.3% on a year-over-year basis. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. On average, sell-side analysts predict that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on IOT shares. Piper Sandler restated an “overweight” rating and issued a $39.00 target price (up from $37.00) on shares of Samsara in a research note on Friday, March 6th. KeyCorp upped their target price on Samsara from $40.00 to $41.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. BMO Capital Markets upped their price target on shares of Samsara from $40.00 to $44.00 and gave the company an “outperform” rating in a report on Friday, March 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Samsara in a research note on Thursday, January 22nd. Finally, TD Cowen reissued a “buy” rating on shares of Samsara in a report on Monday, March 2nd. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $46.18.

Insider Activity at Samsara

In other news, insider John Bicket sold 263,900 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $34.40, for a total value of $9,078,160.00. Following the completion of the sale, the insider directly owned 89,400 shares in the company, valued at $3,075,360. This represents a 74.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Sanjit Biswas sold 263,900 shares of the company’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $34.40, for a total value of $9,078,160.00. Following the completion of the sale, the insider owned 89,400 shares of the company’s stock, valued at approximately $3,075,360. The trade was a 74.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 2,507,302 shares of company stock worth $76,300,300. Insiders own 46.49% of the company’s stock.

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.