Samsara Inc. $IOT Shares Sold by California Public Employees Retirement System

California Public Employees Retirement System decreased its position in Samsara Inc. (NYSE:IOT) by 5.9% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 393,690 shares of the company’s stock after selling 24,795 shares during the period. California Public Employees Retirement System owned about 0.07% of Samsara worth $12,476,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in IOT. Baillie Gifford & Co. grew its stake in Samsara by 15.0% in the 4th quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock worth $1,689,565,000 after acquiring an additional 6,208,553 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Samsara by 58.9% during the 4th 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 during the period. Norges Bank acquired a new stake in shares of Samsara during the fourth quarter worth $127,415,000. Vanguard Group Inc. boosted its holdings in shares of Samsara by 11.5% during the fourth quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock worth $1,174,620,000 after purchasing an additional 3,417,849 shares during the last quarter. Finally, Brown Advisory Inc. grew its position in shares of Samsara by 42.1% in the fourth quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock valued at $397,536,000 after purchasing an additional 3,322,023 shares during the period. 96.02% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on IOT shares. Morgan Stanley set a $43.00 target price on shares of Samsara in a report on Tuesday. Wells Fargo & Company increased 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. TD Cowen reiterated a “buy” rating and issued a $45.00 price target on shares of Samsara in a report on Thursday, June 25th. Weiss Ratings upgraded Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a report on Monday, June 15th. Finally, Guggenheim assumed coverage on Samsara in a report on Wednesday. They issued a “buy” rating and a $45.00 target price on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $45.33.

Insider Buying and Selling at Samsara

In other news, Director Marc L. Andreessen sold 613,660 shares of Samsara stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $32.27, for a total transaction of $19,802,808.20. Following the completion of the transaction, the director directly owned 2,256,487 shares in the company, valued at approximately $72,816,835.49. The trade was a 21.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider John Bicket sold 245,925 shares of the company’s stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $36.77, for a total transaction of $9,042,662.25. Following the completion of the transaction, the insider owned 94,000 shares in the company, valued at $3,456,380. This trade represents a 72.35% 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. In the last three months, insiders have sold 4,464,637 shares of company stock worth $144,511,167. Company insiders own 35.13% of the company’s stock.

Samsara Price Performance

Shares of IOT stock opened at $33.16 on Friday. Samsara Inc. has a fifty-two week low of $23.38 and a fifty-two week high of $47.47. The firm has a market cap of $19.32 billion, a P/E ratio of 331.58, a PEG ratio of 7.07 and a beta of 1.35. The stock’s 50-day moving average is $33.78 and its two-hundred day moving average is $31.43.

Samsara (NYSE:IOT) last posted its quarterly earnings data on Thursday, June 4th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. The business had revenue of $478.84 million for the quarter, compared to analyst estimates of $455.21 million. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The firm’s revenue for the quarter was up 30.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.11 earnings per share. 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, research analysts expect that Samsara Inc. will post 0.15 EPS for the current year.

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.