Samsara Inc. $IOT Shares Sold by Carnegie Investment Counsel

Carnegie Investment Counsel trimmed its stake in Samsara Inc. (NYSE:IOT) by 30.1% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 50,980 shares of the company’s stock after selling 22,000 shares during the period. Carnegie Investment Counsel’s holdings in Samsara were worth $1,616,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in IOT. Baillie Gifford & Co. increased its holdings in Samsara by 15.0% in the 4th quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock valued at $1,689,565,000 after purchasing an additional 6,208,553 shares during the last quarter. Vanguard Group Inc. raised its position in Samsara by 11.5% in the fourth quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock valued at $1,174,620,000 after purchasing an additional 3,417,849 shares during the period. Goldman Sachs Group Inc. lifted its stake in Samsara by 58.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock worth $421,079,000 after purchasing an additional 4,401,082 shares in the last quarter. Brown Advisory Inc. lifted its stake in Samsara by 42.1% during the fourth quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock worth $397,536,000 after purchasing an additional 3,322,023 shares in the last quarter. Finally, State Street Corp boosted its position in shares of Samsara by 15.8% during the fourth quarter. State Street Corp now owns 6,920,219 shares of the company’s stock worth $245,322,000 after buying an additional 944,485 shares during the period. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Samsara Trading Up 0.2%

Samsara stock opened at $36.80 on Tuesday. The firm has a market capitalization of $21.44 billion, a P/E ratio of 368.06, a P/E/G ratio of 8.61 and a beta of 1.35. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $47.47. The stock’s fifty day simple moving average is $32.57 and its 200-day simple moving average is $31.40.

Samsara (NYSE:IOT) last released its earnings results on Thursday, June 4th. The company reported $0.17 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $478.84 million during the quarter, compared to analyst estimates of $455.21 million. During the same period last year, the business posted $0.11 earnings per share. Samsara’s revenue 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. Sell-side analysts predict that Samsara Inc. will post 0.15 earnings per share for the current year.

Insider Buying and Selling

In other news, insider John Bicket sold 17,975 shares of Samsara stock in a transaction dated Wednesday, July 8th. The stock was sold at an average price of $35.11, for a total value of $631,102.25. Following the completion of the transaction, the insider owned 1,758,795 shares in the company, valued at approximately $61,751,292.45. This trade represents a 1.01% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Benjamin Louis Kirchhoff sold 2,549 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $33.74, for a total value of $86,003.26. Following the transaction, the chief accounting officer directly owned 167,269 shares of the company’s stock, valued at approximately $5,643,656.06. This represents a 1.50% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 4,663,362 shares of company stock worth $150,086,270 over the last ninety days. Company insiders own 35.13% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on IOT. Jefferies Financial Group upgraded Samsara to a “buy” rating in a report on Thursday, June 11th. Weiss Ratings upgraded Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a report on Monday, June 15th. Wolfe Research reaffirmed an “outperform” rating on shares of Samsara in a research report on Thursday, June 11th. Royal Bank Of Canada boosted their price target on shares of Samsara from $41.00 to $42.00 and gave the stock an “outperform” rating in a research note on Friday, June 5th. Finally, Piper Sandler reissued an “overweight” rating and set a $40.00 price target (up from $39.00) on shares of Samsara in a research report on Friday, June 5th. 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $45.94.

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.