Insight Holdings Group LLC Sells 20,560 Shares of Samsara Inc. $IOT

Insight Holdings Group LLC trimmed its position in shares of Samsara Inc. (NYSE:IOT) by 9.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 186,640 shares of the company’s stock after selling 20,560 shares during the quarter. Samsara accounts for approximately 0.5% of Insight Holdings Group LLC’s investment portfolio, making the stock its 20th largest holding. Insight Holdings Group LLC’s holdings in Samsara were worth $6,616,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Inspire Investing LLC grew its stake in Samsara by 3.2% during the fourth quarter. Inspire Investing LLC now owns 70,139 shares of the company’s stock worth $2,486,000 after buying an additional 2,173 shares during the last quarter. Janus Henderson Group PLC grew its stake in Samsara by 1.1% during the fourth quarter. Janus Henderson Group PLC now owns 1,160,784 shares of the company’s stock worth $41,150,000 after buying an additional 12,619 shares during the last quarter. Gotham Asset Management LLC grew its stake in Samsara by 94.4% during the fourth quarter. Gotham Asset Management LLC now owns 193,198 shares of the company’s stock worth $6,849,000 after buying an additional 93,829 shares during the last quarter. Bamco Inc. NY grew its stake in Samsara by 21.9% during the fourth quarter. Bamco Inc. NY now owns 4,120,031 shares of the company’s stock worth $146,055,000 after buying an additional 741,200 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in Samsara by 23.3% during the fourth quarter. Cetera Investment Advisers now owns 74,663 shares of the company’s stock worth $2,647,000 after buying an additional 14,097 shares during the last quarter. 96.02% of the stock is owned by institutional investors.

Insider Activity at Samsara

In related news, Director Marc L. Andreessen sold 613,660 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were 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 $72,816,835.49. This represents a 21.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider John Bicket sold 168,227 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $28.58, for a total transaction of $4,807,927.66. Following the completion of the transaction, the insider owned 15,200 shares in the company, valued at $434,416. This represents a 91.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 4,988,722 shares of company stock worth $155,944,374 over the last ninety days. Company insiders own 35.13% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on IOT shares. Weiss Ratings raised shares of Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a research note on Monday. Piper Sandler reissued an “overweight” rating and issued a $40.00 price target (up from $39.00) on shares of Samsara in a report on Friday, June 5th. BMO Capital Markets raised their price target on shares of Samsara from $40.00 to $44.00 and gave the company an “outperform” rating in a report on Friday, March 6th. KeyCorp raised their price target on shares of Samsara from $40.00 to $41.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Finally, Jefferies Financial Group raised shares of Samsara to a “buy” rating in a report on Thursday, June 11th. One equities research 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 given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $46.53.

Samsara Price Performance

Shares of NYSE IOT opened at $31.60 on Thursday. The company’s 50 day simple moving average is $30.89 and its 200 day simple moving average is $32.22. Samsara Inc. has a fifty-two week low of $23.38 and a fifty-two week high of $47.47. The firm has a market capitalization of $18.35 billion, a P/E ratio of 316.04, a P/E/G ratio of 7.63 and a beta of 1.34.

Samsara (NYSE:IOT) last announced its quarterly earnings data 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 business had revenue of $478.84 million for the quarter, compared to analyst estimates of $455.21 million. During the same period in the prior year, the business posted $0.11 earnings per share. Samsara’s revenue was up 30.5% compared to the same quarter last year. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. Sell-side analysts expect that Samsara Inc. will post 0.15 EPS for the current fiscal year.

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.