Samsara Inc. $IOT Shares Sold by Zevenbergen Capital Investments LLC

Zevenbergen Capital Investments LLC lessened its holdings in shares of Samsara Inc. (NYSE:IOT) by 13.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 863,551 shares of the company’s stock after selling 134,478 shares during the quarter. Zevenbergen Capital Investments LLC’s holdings in Samsara were worth $30,613,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC acquired a new position in shares of Samsara during the fourth quarter worth $13,464,000. Royal Bank of Canada increased its stake in Samsara by 100.3% during the 1st quarter. Royal Bank of Canada now owns 96,142 shares of the company’s stock worth $3,686,000 after buying an additional 48,135 shares during the period. Jones Financial Companies Lllp lifted its holdings in Samsara by 2,444.6% in the 1st quarter. Jones Financial Companies Lllp now owns 17,787 shares of the company’s stock worth $682,000 after buying an additional 17,088 shares in the last quarter. Empowered Funds LLC boosted its position in Samsara by 3.4% in the 1st quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after buying an additional 335 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Samsara by 28.9% during the second quarter. JPMorgan Chase & Co. now owns 1,380,514 shares of the company’s stock valued at $54,917,000 after acquiring an additional 309,920 shares in the last quarter. 96.02% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Samsara news, insider Sanjit Biswas sold 263,900 shares of the firm’s stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $32.43, for a total value of $8,558,277.00. Following the sale, the insider directly owned 78,800 shares in the company, valued at approximately $2,555,484. This trade represents a 77.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider John Bicket sold 263,900 shares of the business’s stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $32.43, for a total transaction of $8,558,277.00. Following the transaction, the insider directly owned 78,800 shares of the company’s stock, valued at approximately $2,555,484. This trade represents a 77.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,167,572 shares of company stock valued at $64,025,823 in the last 90 days. Insiders own 46.49% of the company’s stock.

Samsara Stock Performance

Samsara stock opened at $30.62 on Tuesday. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $48.40. The firm’s 50-day moving average is $29.63 and its 200-day moving average is $35.10. The company has a market cap of $17.78 billion, a P/E ratio of -1,530.03, a PEG ratio of 10.91 and a beta of 1.60.

Samsara (NYSE:IOT) last released its quarterly earnings data on Thursday, March 5th. The company reported $0.18 earnings per share 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 firm had revenue of $444.30 million for the quarter, compared to analyst estimates of $422.29 million. During the same quarter in the prior year, the business earned $0.11 earnings per share. Samsara’s quarterly 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. As a group, sell-side analysts predict that Samsara Inc. will post -0.3 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. UBS Group reiterated a “buy” rating and issued a $48.00 price target on shares of Samsara in a research note on Friday, March 6th. Truist Financial dropped their price objective on Samsara from $39.00 to $30.00 and set a “hold” rating on the stock in a report on Tuesday, February 17th. Royal Bank Of Canada increased their target price on Samsara from $35.00 to $41.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. TD Cowen restated a “buy” rating on shares of Samsara in a research note on Monday, March 2nd. Finally, JPMorgan Chase & Co. increased their price objective on shares of Samsara from $46.00 to $48.00 and gave the company a “neutral” rating in a research note on Friday, December 5th. Two 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 given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.18.

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.