Samsara Inc. $IOT Position Increased by iA Global Asset Management Inc.

iA Global Asset Management Inc. boosted its stake in shares of Samsara Inc. (NYSE:IOT) by 8.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 198,170 shares of the company’s stock after purchasing an additional 14,720 shares during the quarter. iA Global Asset Management Inc.’s holdings in Samsara were worth $6,280,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Acumen Wealth Advisors LLC bought a new stake in Samsara in the fourth quarter valued at $28,000. Caitong International Asset Management Co. Ltd grew its position in shares of Samsara by 312.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock worth $31,000 after acquiring an additional 669 shares during the last quarter. AlphaCentric Advisors LLC acquired a new stake in shares of Samsara in the 4th quarter worth about $36,000. IFP Advisors Inc increased its holdings in shares of Samsara by 194.4% in the 3rd quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock worth $47,000 after acquiring an additional 828 shares during the period. Finally, Los Angeles Capital Management LLC bought a new stake in Samsara in the 4th quarter valued at about $52,000. 96.02% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, insider Dominic Phillips sold 19,547 shares of the firm’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $35.39, for a total transaction of $691,768.33. Following the completion of the transaction, the insider owned 929,575 shares of the company’s stock, valued at $32,897,659.25. This trade represents a 2.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Marc L. Andreessen sold 613,660 shares of Samsara stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $32.27, for a total value of $19,802,808.20. Following 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 4,438,963 shares of company stock worth $138,570,593. 35.13% of the stock is owned by corporate insiders.

Samsara Trading Up 5.4%

Shares of NYSE:IOT opened at $34.17 on Thursday. The company has a 50 day moving average of $31.50 and a 200-day moving average of $31.53. The firm has a market cap of $19.91 billion, a P/E ratio of 341.70, a P/E/G ratio of 7.60 and a beta of 1.35. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $47.47.

Samsara (NYSE:IOT) last posted its quarterly earnings data on Thursday, June 4th. The company reported $0.17 EPS for the quarter, beating 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 net margin of 3.32% and a return on equity of 2.00%. The business’s revenue for the quarter was up 30.5% on a year-over-year basis. During the same quarter last year, the business earned $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. Equities research analysts forecast that Samsara Inc. will post 0.15 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on IOT shares. BTIG Research restated a “buy” rating and issued a $45.00 price target on shares of Samsara in a research note on Friday, June 26th. Jefferies Financial Group upgraded Samsara to a “buy” rating in a research report on Thursday, June 11th. Royal Bank Of Canada increased their price objective on Samsara from $41.00 to $42.00 and gave the stock an “outperform” rating in a report on Friday, June 5th. BMO Capital Markets raised their target price on Samsara from $40.00 to $44.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. Finally, TD Cowen reaffirmed a “buy” rating and set a $45.00 target price on shares of Samsara in a research note on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $45.94.

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.