Employees Retirement System of Texas Increases Position in Samsara Inc. $IOT

Employees Retirement System of Texas boosted its holdings in Samsara Inc. (NYSE:IOT) by 34.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 77,120 shares of the company’s stock after purchasing an additional 19,567 shares during the period. Employees Retirement System of Texas’ holdings in Samsara were worth $2,734,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Baillie Gifford & Co. boosted its position in 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 purchasing an additional 6,208,553 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Samsara by 11.5% during the 4th quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock valued at $1,174,620,000 after buying an additional 3,417,849 shares in the last quarter. Sands Capital Management LLC lifted its stake in shares of Samsara by 6.4% during the 3rd quarter. Sands Capital Management LLC now owns 20,518,332 shares of the company’s stock valued at $764,308,000 after buying an additional 1,242,122 shares in the last quarter. State Street Corp lifted its stake in shares of Samsara by 107.8% during the 2nd quarter. State Street Corp now owns 5,611,956 shares of the company’s stock valued at $223,244,000 after buying an additional 2,910,916 shares in the last quarter. Finally, Jordan Park Trust Co LLC lifted its stake in shares of Samsara by 54.1% during the 4th quarter. Jordan Park Trust Co LLC now owns 3,833,929 shares of the company’s stock valued at $135,913,000 after buying an additional 1,346,628 shares in the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Samsara Stock Down 5.3%

NYSE:IOT opened at $29.49 on Thursday. The business’s 50-day moving average price is $30.29 and its two-hundred day moving average price is $32.58. The stock has a market cap of $17.13 billion, a P/E ratio of -1,473.91, a PEG ratio of 9.27 and a beta of 1.29. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $48.40.

Samsara (NYSE:IOT) last posted its quarterly earnings data on Thursday, March 5th. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.05. The firm had revenue of $444.30 million for the quarter, compared to analysts’ expectations of $422.29 million. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. The business’s quarterly revenue was up 28.3% on a year-over-year basis. During the same quarter last year, the company posted $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. On average, equities research analysts expect that Samsara Inc. will post 0.08 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on IOT. TD Cowen reissued a “buy” rating on shares of Samsara in a report on Friday, May 22nd. BTIG Research dropped their price objective on Samsara from $55.00 to $45.00 and set a “buy” rating on the stock in a report on Friday, March 6th. The Goldman Sachs Group set a $45.00 target price on shares of Samsara in a research note on Monday, March 2nd. Evercore reiterated an “outperform” rating on shares of Samsara in a research note on Friday, March 6th. Finally, KeyCorp increased their target price on shares of Samsara from $40.00 to $41.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. One research 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. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $46.18.

Insiders Place Their Bets

In other Samsara news, insider Sanjit Biswas sold 168,272 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was 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 owned 15,200 shares in the company, valued at approximately $434,416. The trade was a 91.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Bicket sold 168,227 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 $4,807,927.66. Following the sale, the insider owned 15,200 shares of the company’s stock, valued at approximately $434,416. This represents a 91.71% 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. In the last quarter, insiders sold 2,190,147 shares of company stock worth $63,602,551. 35.13% of the stock is owned by corporate 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.