Banque Cantonale Vaudoise Sells 22,617 Shares of Samsara Inc. $IOT

Banque Cantonale Vaudoise decreased its holdings in Samsara Inc. (NYSE:IOT) by 90.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,492 shares of the company’s stock after selling 22,617 shares during the period. Banque Cantonale Vaudoise’s holdings in Samsara were worth $88,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in IOT. Baillie Gifford & Co. boosted its stake in shares of Samsara by 15.0% in the fourth 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. Vanguard Group Inc. boosted its stake in shares of Samsara by 11.5% in the fourth quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock worth $1,174,620,000 after acquiring an additional 3,417,849 shares during the period. State Street Corp boosted its stake in shares of Samsara by 107.8% in the second quarter. State Street Corp now owns 5,611,956 shares of the company’s stock worth $223,244,000 after acquiring an additional 2,910,916 shares during the period. Wellington Management Group LLP boosted its stake in shares of Samsara by 363.2% in the third quarter. Wellington Management Group LLP now owns 3,181,099 shares of the company’s stock worth $118,496,000 after acquiring an additional 2,494,368 shares during the period. Finally, Spyglass Capital Management LLC bought a new position in shares of Samsara in the third quarter worth about $81,956,000. Institutional investors own 96.02% of the company’s stock.

Samsara Price Performance

NYSE:IOT opened at $31.12 on Monday. The firm has a market capitalization of $18.07 billion, a price-to-earnings ratio of -1,555.42, a PEG ratio of 9.27 and a beta of 1.29. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $48.40. The business has a 50 day simple moving average of $30.38 and a 200-day simple moving average of $32.75.

Samsara (NYSE:IOT) last posted its quarterly earnings data on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.05. The business had revenue of $444.30 million during the quarter, compared to analyst estimates of $422.29 million. Samsara had a negative return on equity of 0.72% and a negative net margin of 0.56%.The company’s revenue for the quarter was up 28.3% on a year-over-year basis. During the same period last year, the company earned $0.11 EPS. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. As a group, analysts expect that Samsara Inc. will post 0.08 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider John Bicket sold 95,673 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $27.47, for a total value of $2,628,137.31. Following the completion of the sale, the insider directly owned 67,600 shares of the company’s stock, valued at $1,856,972. This trade represents a 58.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Adam Eltoukhy sold 5,473 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $30.21, for a total value of $165,339.33. Following the completion of the sale, the insider directly owned 468,305 shares of the company’s stock, valued at $14,147,494.05. The trade was a 1.16% 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. Over the last three months, insiders sold 2,190,147 shares of company stock worth $63,602,551. 35.13% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Wells Fargo & Company increased their price target on Samsara from $43.00 to $46.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. Evercore reissued an “outperform” rating on shares of Samsara in a research note on Friday, March 6th. BTIG Research dropped their price target on Samsara from $55.00 to $45.00 and set a “buy” rating for the company in a research note on Friday, March 6th. KeyCorp increased their price target on Samsara from $40.00 to $41.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. Finally, Royal Bank Of Canada increased their price target on Samsara from $35.00 to $41.00 and gave the company an “outperform” rating 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 assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $46.18.

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.