Employees Retirement System of Texas Buys 19,567 Shares of Samsara Inc. $IOT

Employees Retirement System of Texas raised its position in shares of Samsara Inc. (NYSE:IOT) by 34.0% in the fourth quarter, Holdings Channel reports. The firm owned 77,120 shares of the company’s stock after acquiring an additional 19,567 shares during the quarter. Employees Retirement System of Texas’ holdings in Samsara were worth $2,734,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Bessemer Group Inc. raised its stake in shares of Samsara by 19.8% in the third quarter. Bessemer Group Inc. now owns 1,728,322 shares of the company’s stock worth $64,379,000 after buying an additional 286,193 shares during the period. BI Asset Management Fondsmaeglerselskab A S raised its position in shares of Samsara by 227.0% during the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 65,122 shares of the company’s stock valued at $2,426,000 after purchasing an additional 45,204 shares during the period. Westfield Capital Management Co. LP raised its position in shares of Samsara by 7.1% during the 3rd quarter. Westfield Capital Management Co. LP now owns 3,801,787 shares of the company’s stock valued at $141,617,000 after purchasing an additional 252,681 shares during the period. American Century Companies Inc. lifted its stake in shares of Samsara by 13.7% during the 3rd quarter. American Century Companies Inc. now owns 1,786,790 shares of the company’s stock valued at $66,558,000 after buying an additional 214,793 shares in the last quarter. Finally, OneDigital Investment Advisors LLC boosted its holdings in Samsara by 184.2% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 180,153 shares of the company’s stock worth $6,711,000 after buying an additional 116,767 shares during the period. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on IOT. Royal Bank Of Canada upped their price objective on Samsara from $35.00 to $41.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. Zacks Research lowered shares of Samsara from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. KeyCorp increased their price objective on shares of Samsara from $40.00 to $41.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Wells Fargo & Company raised their target price on shares of Samsara from $43.00 to $46.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. Finally, TD Cowen reiterated a “buy” rating on shares of Samsara in a research note on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, twelve 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.com, Samsara currently has a consensus rating of “Moderate Buy” and an average target price of $46.18.

Insider Buying and Selling

In other news, insider Sanjit Biswas sold 168,272 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $28.58, for a total value of $4,809,213.76. Following the sale, the insider owned 15,200 shares of the company’s stock, valued at approximately $434,416. This represents a 91.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Bicket sold 168,227 shares of Samsara stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $28.58, for a total transaction of $4,807,927.66. Following the transaction, the insider directly owned 15,200 shares of the company’s stock, valued at approximately $434,416. This represents a 91.71% decrease in their ownership of the stock. 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. In the last quarter, insiders sold 2,190,147 shares of company stock valued at $63,602,551. Company insiders own 35.13% of the company’s stock.

Samsara Stock Down 5.3%

IOT stock opened at $29.49 on Thursday. Samsara Inc. has a 52 week low of $23.38 and a 52 week high of $48.40. The firm has a market capitalization of $17.13 billion, a P/E ratio of -1,473.91, a price-to-earnings-growth ratio of 9.27 and a beta of 1.29. The company has a fifty day simple moving average of $30.29 and a two-hundred day simple moving average of $32.58.

Samsara (NYSE:IOT) last announced its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.05. The firm had revenue of $444.30 million for the quarter, compared to analysts’ expectations of $422.29 million. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. The business’s revenue was up 28.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.11 EPS. 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, analysts anticipate that Samsara Inc. will post 0.08 EPS for the current year.

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.