Bessemer Group Inc. Purchases 53,576 Shares of Samsara Inc. $IOT

Bessemer Group Inc. lifted its position in Samsara Inc. (NYSE:IOT) by 3.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,675,509 shares of the company’s stock after buying an additional 53,576 shares during the period. Bessemer Group Inc.’s holdings in Samsara were worth $53,097,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. USS Investment Management Ltd purchased a new stake in Samsara during the 1st quarter worth approximately $28,232,000. Nordea Investment Management AB raised its holdings in shares of Samsara by 18.8% in the fourth quarter. Nordea Investment Management AB now owns 2,467,232 shares of the company’s stock worth $88,228,000 after buying an additional 389,751 shares during the last quarter. Allen Operations LLC raised its holdings in shares of Samsara by 83.3% in the fourth quarter. Allen Operations LLC now owns 66,020 shares of the company’s stock worth $2,340,000 after buying an additional 30,000 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Samsara by 17.8% during the fourth quarter. Geode Capital Management LLC now owns 6,196,703 shares of the company’s stock worth $219,035,000 after buying an additional 935,855 shares during the period. Finally, Jordan Park Trust Co LLC lifted its stake in shares of Samsara by 54.1% during the fourth quarter. Jordan Park Trust Co LLC now owns 3,833,929 shares of the company’s stock worth $135,913,000 after buying an additional 1,346,628 shares during the period. Institutional investors own 96.02% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on IOT shares. BTIG Research reissued a “buy” rating and set a $45.00 price objective on shares of Samsara in a report on Friday, June 26th. TD Cowen restated a “buy” rating and issued a $45.00 target price on shares of Samsara in a research note on Thursday, June 25th. Wolfe Research reaffirmed an “outperform” rating on shares of Samsara in a research report on Thursday, June 11th. Piper Sandler reiterated an “overweight” rating and set a $40.00 price target (up from $39.00) on shares of Samsara in a research note on Friday, June 5th. Finally, Zacks Research lowered Samsara from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Samsara currently has an average rating of “Moderate Buy” and an average target price of $45.94.

Insider Activity

In related news, Director Marc L. Andreessen sold 613,660 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately $72,816,835.49. This trade represents a 21.38% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider John Bicket sold 245,925 shares of the firm’s stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $36.77, for a total transaction of $9,042,662.25. Following the completion of the transaction, the insider directly owned 94,000 shares in the company, valued at approximately $3,456,380. This represents a 72.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 4,470,110 shares of company stock worth $144,679,079 in the last quarter. Corporate insiders own 35.13% of the company’s stock.

Samsara Price Performance

NYSE IOT opened at $38.35 on Friday. The company has a market capitalization of $22.35 billion, a PE ratio of 383.58, a P/E/G ratio of 8.78 and a beta of 1.35. The company has a fifty day moving average of $33.17 and a 200 day moving average of $31.46. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $47.47.

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