Allen Operations LLC Purchases 30,000 Shares of Samsara Inc. $IOT

Allen Operations LLC increased its position in shares of Samsara Inc. (NYSE:IOT) by 83.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 66,020 shares of the company’s stock after acquiring an additional 30,000 shares during the period. Samsara makes up approximately 0.3% of Allen Operations LLC’s holdings, making the stock its 27th largest holding. Allen Operations LLC’s holdings in Samsara were worth $2,340,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Bessemer Group Inc. grew its stake in Samsara by 19.8% in the 3rd quarter. Bessemer Group Inc. now owns 1,728,322 shares of the company’s stock worth $64,379,000 after buying an additional 286,193 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S grew its stake in Samsara by 227.0% in the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 65,122 shares of the company’s stock worth $2,426,000 after buying an additional 45,204 shares in the last quarter. Westfield Capital Management Co. LP grew its stake in Samsara by 7.1% in the 3rd quarter. Westfield Capital Management Co. LP now owns 3,801,787 shares of the company’s stock worth $141,617,000 after buying an additional 252,681 shares in the last quarter. American Century Companies Inc. grew its stake in Samsara by 13.7% in the 3rd quarter. American Century Companies Inc. now owns 1,786,790 shares of the company’s stock worth $66,558,000 after buying an additional 214,793 shares in the last quarter. Finally, OneDigital Investment Advisors LLC grew its stake in Samsara by 184.2% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 180,153 shares of the company’s stock worth $6,711,000 after buying an additional 116,767 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.

Wall Street Analysts Forecast Growth

IOT has been the subject of a number of research reports. TD Cowen reissued a “buy” rating on shares of Samsara in a research note on Friday, May 22nd. Royal Bank Of Canada boosted their price target on shares of Samsara from $35.00 to $41.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. BMO Capital Markets boosted their price target on shares of Samsara from $40.00 to $44.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. UBS Group reissued a “buy” rating and issued a $48.00 price target on shares of Samsara in a research note on Friday, March 6th. Finally, Piper Sandler reissued an “overweight” rating and issued a $39.00 price target (up from $37.00) on shares of Samsara in a research note on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $46.18.

Samsara Stock Up 10.4%

Shares of NYSE IOT opened at $38.61 on Tuesday. Samsara Inc. has a 52 week low of $23.38 and a 52 week high of $48.40. The firm’s fifty day moving average is $30.38 and its 200 day moving average is $32.49. The company has a market cap of $22.42 billion, a price-to-earnings ratio of -1,929.64, a PEG ratio of 10.41 and a beta of 1.34.

Samsara (NYSE:IOT) last issued its 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 net margin of 0.56% and a negative return on equity of 0.72%. The company had revenue of $444.30 million for the quarter, compared to the consensus estimate of $422.29 million. During the same period in the previous year, the firm 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. Equities research analysts anticipate that Samsara Inc. will post 0.08 earnings per share for the current year.

Insider Buying and Selling at Samsara

In related news, insider John Bicket sold 168,227 shares of Samsara stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $28.58, for a total value of $4,807,927.66. Following the sale, the insider owned 15,200 shares in the company, valued at $434,416. The trade was a 91.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sanjit Biswas sold 168,272 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $28.58, for a total transaction of $4,809,213.76. Following the completion of the transaction, the insider directly owned 15,200 shares of the company’s stock, valued at approximately $434,416. The trade was a 91.72% decrease in their ownership of the stock. 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. Over the last ninety days, insiders sold 2,717,947 shares of company stock worth $79,747,111. 35.13% of the stock is owned by insiders.

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.