Allstate Corp Purchases 16,344 Shares of Samsara Inc. $IOT

Allstate Corp boosted its position in shares of Samsara Inc. (NYSE:IOT) by 153.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 27,022 shares of the company’s stock after purchasing an additional 16,344 shares during the period. Allstate Corp’s holdings in Samsara were worth $958,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in IOT. Optiver Holding B.V. lifted its holdings in Samsara by 953.2% during the 3rd quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock valued at $44,000 after purchasing an additional 1,058 shares during the last quarter. 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 valued at $47,000 after purchasing an additional 828 shares during the last quarter. Leonteq Securities AG bought a new position in Samsara during the 4th quarter valued at about $76,000. Jones Financial Companies Lllp lifted its holdings in Samsara by 73.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 2,216 shares of the company’s stock valued at $84,000 after purchasing an additional 939 shares during the last quarter. Finally, Quarry LP lifted its holdings in Samsara by 95.1% during the 3rd quarter. Quarry LP now owns 2,528 shares of the company’s stock valued at $94,000 after purchasing an additional 1,232 shares during the last quarter. 96.02% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on IOT shares. Evercore reissued an “outperform” rating on shares of Samsara in a report on Friday, March 6th. The Goldman Sachs Group set a $45.00 price target on shares of Samsara in a report on Monday, March 2nd. Zacks Research downgraded shares of Samsara from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 5th. KeyCorp boosted 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. Finally, Truist Financial dropped their target price on shares of Samsara from $39.00 to $30.00 and set a “hold” rating for the company in a research note on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $46.18.

Samsara News Roundup

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Samsara said it earned the No. 1 spot in 23 Summer 2026 G2 Grid Reports, more than any other fleet technology brand. Because the rankings are based on verified customer reviews, the news supports the company’s competitive position and may boost confidence in future demand. Article Title
• Positive Sentiment: The latest coverage highlights Samsara’s momentum and leadership across fleet management, asset tracking, and maintenance software, reinforcing its growth narrative with customers and analysts. Article Title
• Neutral Sentiment: Several insider sales were disclosed, including transactions by co-founder Sanjit Biswas and John Bicket. The trades were made under pre-arranged 10b5-1 plans, which makes them less concerning than discretionary selling, but the sheer size may still weigh on sentiment. Article Title
• Negative Sentiment: The volume of insider selling was substantial, with Biswas and Bicket sharply reducing their holdings, which can create near-term pressure if investors view it as a sign shares have run ahead of fundamentals. Article Title

Samsara Price Performance

Shares of NYSE:IOT opened at $35.15 on Friday. Samsara Inc. has a one year low of $23.38 and a one year high of $48.40. The company has a 50 day moving average of $30.28 and a 200-day moving average of $32.55. The stock has a market cap of $20.41 billion, a price-to-earnings ratio of -1,756.77, a P/E/G ratio of 10.41 and a beta of 1.29.

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

Insider Buying and Selling at Samsara

In other news, insider Sanjit Biswas sold 31,081 shares of Samsara stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $31.21, for a total transaction of $970,038.01. Following the completion of the sale, the insider owned 307,056 shares in the company, valued at $9,583,217.76. The trade was a 9.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Adam Eltoukhy sold 5,473 shares of Samsara stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $30.21, for a total transaction of $165,339.33. Following the sale, the insider owned 468,305 shares of the company’s stock, valued at approximately $14,147,494.05. This represents a 1.16% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 2,717,947 shares of company stock worth $79,747,111 in the last 90 days. Corporate insiders own 35.13% of the company’s stock.

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.