Samsara Inc. $IOT Shares Acquired by Nordea Investment Management AB

Nordea Investment Management AB grew its stake in Samsara Inc. (NYSE:IOT) by 18.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 2,467,232 shares of the company’s stock after acquiring an additional 389,751 shares during the quarter. Nordea Investment Management AB’s holdings in Samsara were worth $88,228,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IOT. Versant Capital Management Inc lifted its position in Samsara by 6,078.6% during the third quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock worth $32,000 after buying an additional 851 shares in the last quarter. Optiver Holding B.V. grew its holdings in Samsara by 953.2% in the 3rd quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock valued at $44,000 after buying an additional 1,058 shares in the last quarter. IFP Advisors Inc grew its holdings in Samsara by 194.4% in the 3rd quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock valued at $47,000 after buying an additional 828 shares in the last quarter. Family Legacy Financial Solutions LLC increased its stake in shares of Samsara by 100.0% in the 3rd quarter. Family Legacy Financial Solutions LLC now owns 2,000 shares of the company’s stock worth $74,000 after acquiring an additional 1,000 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its stake in shares of Samsara by 73.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 2,216 shares of the company’s stock worth $84,000 after acquiring an additional 939 shares during the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Insider Buying and Selling at Samsara

In other news, insider Adam Eltoukhy sold 5,473 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $33.31, for a total value of $182,305.63. Following the sale, the insider directly owned 190,649 shares of the company’s stock, valued at approximately $6,350,518.19. The trade was a 2.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider John Bicket sold 263,900 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $25.87, for a total transaction of $6,827,093.00. Following the completion of the transaction, the insider owned 57,600 shares in the company, valued at approximately $1,490,112. This represents a 82.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 2,507,302 shares of company stock valued at $76,300,300. 46.49% of the stock is currently owned by company insiders.

Samsara Trading Up 0.1%

NYSE IOT opened at $33.18 on Tuesday. The stock has a fifty day simple moving average of $29.95 and a 200-day simple moving average of $35.40. The stock has a market cap of $19.27 billion, a PE ratio of -1,657.92, a P/E/G ratio of 12.15 and a beta of 1.60. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $48.40.

Samsara (NYSE:IOT) last issued 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. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. The firm had revenue of $444.30 million for the quarter, compared to analyst estimates of $422.29 million. During the same period in the previous year, the firm 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. Research analysts predict that Samsara Inc. will post -0.3 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. TD Cowen reissued a “buy” rating on shares of Samsara in a research report on Monday, March 2nd. JPMorgan Chase & Co. raised their price objective on shares of Samsara from $46.00 to $48.00 and gave the stock a “neutral” rating in a research report on Friday, December 5th. Evercore reaffirmed an “outperform” rating on shares of Samsara in a research note on Friday, March 6th. Zacks Research upgraded shares of Samsara from a “hold” rating to a “strong-buy” rating in a report on Friday, March 13th. Finally, Bank of America increased their price target on shares of Samsara from $53.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, December 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Samsara has an average 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.