Vinva Investment Management Ltd Sells 16,100 Shares of Samsara Inc. $IOT

Vinva Investment Management Ltd reduced its position in Samsara Inc. (NYSE:IOT) by 74.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,477 shares of the company’s stock after selling 16,100 shares during the period. Vinva Investment Management Ltd’s holdings in Samsara were worth $204,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IOT. Versant Capital Management Inc boosted its stake in Samsara by 6,078.6% during the 3rd quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock valued at $32,000 after purchasing an additional 851 shares during the last quarter. Optiver Holding B.V. increased its holdings in shares of Samsara by 953.2% in the 3rd quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock worth $44,000 after purchasing an additional 1,058 shares in the last quarter. Allworth Financial LP raised its stake in shares of Samsara by 906.9% in the second quarter. Allworth Financial LP now owns 1,168 shares of the company’s stock worth $46,000 after purchasing an additional 1,052 shares during the last quarter. Penserra Capital Management LLC lifted its holdings in shares of Samsara by 3,202.1% during the second quarter. Penserra Capital Management LLC now owns 1,585 shares of the company’s stock valued at $62,000 after purchasing an additional 1,537 shares in the last quarter. Finally, Family Legacy Financial Solutions LLC lifted its holdings in shares of Samsara by 100.0% during the third quarter. Family Legacy Financial Solutions LLC now owns 2,000 shares of the company’s stock valued at $74,000 after purchasing an additional 1,000 shares in the last quarter. 96.02% of the stock is owned by institutional investors.

Insider Activity at Samsara

In other Samsara news, insider John Bicket sold 263,900 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $34.40, for a total transaction of $9,078,160.00. Following the completion of the sale, the insider directly owned 89,400 shares of the company’s stock, valued at approximately $3,075,360. This represents a 74.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Sanjit Biswas sold 263,900 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $34.40, for a total transaction of $9,078,160.00. Following the sale, the insider directly owned 89,400 shares of the company’s stock, valued at approximately $3,075,360. This represents a 74.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,903,585 shares of company stock worth $91,712,463 in the last quarter. Company insiders own 46.49% of the company’s stock.

Samsara Stock Performance

Samsara stock opened at $32.84 on Wednesday. The stock has a market cap of $18.95 billion, a PE ratio of -1,641.03 and a beta of 1.60. Samsara Inc. has a one year low of $23.38 and a one year high of $48.40. The stock has a fifty day moving average of $30.26 and a 200 day moving average of $35.57.

Samsara (NYSE:IOT) last posted its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.05. The company had revenue of $444.30 million for the quarter, compared to the consensus estimate of $422.29 million. Samsara had a negative return on equity of 0.75% and a negative net margin of 0.56%.Samsara’s revenue was up 28.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.11 earnings per share. 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, sell-side analysts predict that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. The Goldman Sachs Group set a $45.00 price objective on Samsara in a report on Monday, March 2nd. BTIG Research lowered their target price on shares of Samsara from $55.00 to $45.00 and set a “buy” rating on the stock in a research note on Friday, March 6th. TD Cowen reaffirmed a “buy” rating on shares of Samsara in a report on Monday, March 2nd. BMO Capital Markets lifted their price target on shares of Samsara from $40.00 to $44.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. Finally, Royal Bank Of Canada boosted their price objective on shares of Samsara from $35.00 to $41.00 and gave the company an “outperform” rating in a report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Samsara has a consensus rating of “Moderate Buy” and an average price target of $46.18.

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.