Samsara Inc. $IOT Stake Lessened by Lansforsakringar Fondforvaltning AB publ

Lansforsakringar Fondforvaltning AB publ lessened its holdings in Samsara Inc. (NYSE:IOT) by 21.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 100,626 shares of the company’s stock after selling 27,671 shares during the period. Lansforsakringar Fondforvaltning AB publ’s holdings in Samsara were worth $3,189,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Baillie Gifford & Co. lifted its stake in Samsara by 15.0% in the 4th quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock worth $1,689,565,000 after acquiring an additional 6,208,553 shares in the last quarter. Vanguard Group Inc. grew its stake in Samsara by 11.5% during the 4th quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock valued at $1,174,620,000 after acquiring an additional 3,417,849 shares in the last quarter. Sands Capital Management LLC grew its stake in Samsara by 6.4% during the 3rd quarter. Sands Capital Management LLC now owns 20,518,332 shares of the company’s stock valued at $764,308,000 after acquiring an additional 1,242,122 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Samsara by 58.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock valued at $421,079,000 after purchasing an additional 4,401,082 shares during the period. Finally, Brown Advisory Inc. increased its holdings in shares of Samsara by 42.1% in the 4th quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock valued at $397,536,000 after purchasing an additional 3,322,023 shares during the period. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Insider Buying and Selling

In other news, insider Dominic Phillips sold 12,065 shares of the firm’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $33.32, for a total transaction of $402,005.80. Following the transaction, the insider owned 836,100 shares in the company, valued at approximately $27,858,852. This trade represents a 1.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Adam Eltoukhy sold 2,039 shares of Samsara stock in a transaction on Monday, June 29th. The shares were sold at an average price of $32.08, for a total transaction of $65,411.12. Following the completion of the sale, the insider directly owned 425,080 shares of the company’s stock, valued at approximately $13,636,566.40. The trade was a 0.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 4,468,937 shares of company stock valued at $139,569,327. 35.13% of the stock is owned by company insiders.

Samsara Price Performance

Shares of Samsara stock opened at $36.01 on Friday. The firm has a market cap of $20.99 billion, a price-to-earnings ratio of 360.17, a P/E/G ratio of 8.01 and a beta of 1.35. The stock has a 50-day simple moving average of $31.59 and a 200-day simple moving average of $31.49. Samsara Inc. has a 52-week low of $23.38 and a 52-week high of $47.47.

Samsara (NYSE:IOT) last released its quarterly earnings data on Thursday, June 4th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. The firm had revenue of $478.84 million for the quarter, compared to the consensus estimate of $455.21 million. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The firm’s revenue was up 30.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $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. As a group, equities research analysts predict that Samsara Inc. will post 0.15 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on IOT. UBS Group restated a “buy” rating and set a $48.00 price target on shares of Samsara in a report on Friday, March 6th. KeyCorp reiterated an “overweight” rating on shares of Samsara in a research note on Friday, June 26th. Piper Sandler reiterated an “overweight” rating and issued a $40.00 target price (up from $39.00) on shares of Samsara in a research report on Friday, June 5th. BTIG Research reiterated a “buy” rating and issued a $45.00 target price on shares of Samsara in a research report on Friday, June 26th. Finally, Weiss Ratings raised shares of Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a research note on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Samsara currently has an average rating of “Moderate Buy” and an average price target of $45.94.

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.