Marc Andreessen Sells 613,660 Shares of Samsara (NYSE:IOT) Stock

Samsara Inc. (NYSE:IOT) Director Marc Andreessen sold 613,660 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $32.27, for a total transaction of $19,802,808.20. Following the completion of the sale, the director directly owned 2,256,487 shares of the company’s stock, valued at $72,816,835.49. This represents a 21.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Samsara Trading Up 4.1%

Samsara stock traded up $1.31 during midday trading on Friday, hitting $33.57. 6,753,631 shares of the stock were exchanged, compared to its average volume of 7,502,585. The stock’s 50-day simple moving average is $30.82 and its 200 day simple moving average is $32.34. Samsara Inc. has a fifty-two week low of $23.38 and a fifty-two week high of $47.47. The stock has a market capitalization of $19.50 billion, a price-to-earnings ratio of 335.76, a PEG ratio of 7.63 and a beta of 1.34.

Samsara (NYSE:IOT) last posted its earnings results on Thursday, June 4th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.04. Samsara had a net margin of 3.32% and a return on equity of 2.00%. The company had revenue of $478.84 million for the quarter, compared to analyst estimates of $455.21 million. During the same period in the previous year, the business posted $0.11 EPS. Samsara’s revenue was up 30.5% on a year-over-year basis. 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 analysts anticipate that Samsara Inc. will post 0.15 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Acumen Wealth Advisors LLC acquired a new position in Samsara in the fourth quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd grew its position in Samsara by 312.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock worth $31,000 after purchasing an additional 669 shares during the last quarter. AlphaCentric Advisors LLC purchased a new position in shares of Samsara during the fourth quarter worth about $36,000. Optiver Holding B.V. raised its stake 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 acquiring an additional 1,058 shares during the last quarter. Finally, IFP Advisors Inc grew its stake in shares of 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 purchasing an additional 828 shares during the last quarter. 96.02% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have issued reports on IOT. Weiss Ratings raised Samsara from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, June 1st. Royal Bank Of Canada upped their price target on Samsara from $41.00 to $42.00 and gave the company an “outperform” rating in a research note on Friday, June 5th. TD Cowen reiterated a “buy” rating on shares of Samsara in a report on Friday, May 22nd. BMO Capital Markets boosted their price objective on shares of Samsara from $40.00 to $44.00 and gave the company an “outperform” rating in a report on Friday, March 6th. Finally, Wolfe Research reaffirmed an “outperform” rating on shares of Samsara in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.53.

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.