Samsara Inc. $IOT Shares Purchased by Corient Private Wealth LLC

Corient Private Wealth LLC increased its stake in shares of Samsara Inc. (NYSE:IOT) by 99.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 39,382 shares of the company’s stock after buying an additional 19,659 shares during the quarter. Corient Private Wealth LLC’s holdings in Samsara were worth $1,396,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Acumen Wealth Advisors LLC purchased a new stake in shares of Samsara during the 4th quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd increased its stake in Samsara by 312.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock worth $31,000 after buying an additional 669 shares during the period. AlphaCentric Advisors LLC acquired a new stake in Samsara during the 4th quarter worth approximately $36,000. IFP Advisors Inc lifted its holdings in Samsara by 194.4% during the 3rd quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock worth $47,000 after buying an additional 828 shares in the last quarter. Finally, Los Angeles Capital Management LLC purchased a new position in Samsara in the 4th quarter valued at approximately $52,000. Institutional investors and hedge funds own 96.02% of the company’s stock.

Insider Activity at Samsara

In other Samsara news, insider John Bicket sold 168,227 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $28.58, for a total transaction of $4,807,927.66. Following the sale, the insider owned 15,200 shares of the company’s stock, valued at approximately $434,416. This trade represents a 91.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through 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 business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $28.58, for a total value of $4,809,213.76. Following the completion of the sale, the insider directly owned 15,200 shares of the company’s stock, valued at $434,416. The trade was a 91.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 4,459,353 shares of company stock valued at $139,201,972 over the last three months. 35.13% of the stock is owned by corporate insiders.

Samsara Price Performance

NYSE:IOT opened at $32.51 on Wednesday. Samsara Inc. has a 12 month low of $23.38 and a 12 month high of $47.47. The firm has a market capitalization of $18.94 billion, a PE ratio of 325.13, a price-to-earnings-growth ratio of 7.53 and a beta of 1.34. The business’s fifty day moving average price is $31.43 and its 200 day moving average price is $31.59.

Samsara (NYSE:IOT) last announced its quarterly earnings results on Thursday, June 4th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The company had revenue of $478.84 million during the quarter, compared to the consensus estimate of $455.21 million. During the same period in the previous year, the business earned $0.11 EPS. Samsara’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. As a group, equities analysts anticipate that Samsara Inc. will post 0.15 EPS for the current year.

Wall Street Analyst Weigh In

IOT has been the subject of several research reports. Wells Fargo & Company boosted their price target on shares of Samsara from $46.00 to $50.00 and gave the stock an “overweight” rating in a research note on Friday, June 5th. Weiss Ratings upgraded Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a report on Monday, June 15th. Zacks Research downgraded Samsara from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. Evercore reaffirmed an “outperform” rating on shares of Samsara in a research report on Friday, March 6th. Finally, BMO Capital Markets lifted their price objective on Samsara from $40.00 to $44.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $45.94.

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.