Insight Holdings Group LLC Takes Position in Samsara Inc. $IOT

Insight Holdings Group LLC purchased a new position in shares of Samsara Inc. (NYSE:IOT) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 207,200 shares of the company’s stock, valued at approximately $7,718,000. Samsara makes up approximately 0.5% of Insight Holdings Group LLC’s holdings, making the stock its 17th largest position.

A number of other hedge funds have also recently added to or reduced their stakes in IOT. Versant Capital Management Inc lifted its position in shares of Samsara by 6,078.6% during the third quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock worth $32,000 after purchasing an additional 851 shares in the last quarter. Optiver Holding B.V. raised its position in 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 during the last quarter. Allworth Financial LP lifted its holdings in Samsara by 906.9% during the 2nd quarter. Allworth Financial LP now owns 1,168 shares of the company’s stock worth $46,000 after buying an additional 1,052 shares in the last quarter. Family Legacy Financial Solutions LLC boosted its position in Samsara by 100.0% in the 3rd quarter. Family Legacy Financial Solutions LLC now owns 2,000 shares of the company’s stock valued at $74,000 after buying an additional 1,000 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its stake in shares of Samsara by 73.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 2,216 shares of the company’s stock valued at $84,000 after buying an additional 939 shares during the period. Institutional investors own 96.02% of the company’s stock.

Analyst Upgrades and Downgrades

IOT has been the topic of several research reports. Truist Financial cut their price target on Samsara from $39.00 to $30.00 and set a “hold” rating on the stock in a research note on Tuesday, February 17th. Zacks Research cut Samsara from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. BTIG Research cut their target price on shares of Samsara from $55.00 to $45.00 and set a “buy” rating on the stock in a research report on Friday, March 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Samsara in a research report on Thursday, January 22nd. Finally, BNP Paribas Exane raised shares of Samsara from a “neutral” rating to an “outperform” rating and set a $40.00 price target for the company in a research note on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $46.18.

Samsara Trading Down 0.5%

NYSE IOT opened at $31.70 on Monday. Samsara Inc. has a 12 month low of $23.38 and a 12 month high of $48.40. The stock has a 50-day simple moving average of $30.08 and a 200 day simple moving average of $35.51. The company has a market capitalization of $18.29 billion, a PE ratio of -1,583.96, a P/E/G ratio of 11.63 and a beta of 1.60.

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

Insider Buying and Selling

In other Samsara news, insider John Bicket sold 263,900 shares of the stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $34.40, for a total value of $9,078,160.00. Following the sale, the insider directly owned 89,400 shares in the company, valued at approximately $3,075,360. This trade represents a 74.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Sanjit Biswas sold 263,900 shares of Samsara stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $34.40, for a total transaction of $9,078,160.00. Following the transaction, the insider directly owned 89,400 shares in the company, valued at approximately $3,075,360. This represents a 74.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 2,836,517 shares of company stock valued at $88,981,454. Corporate insiders own 46.49% of the company’s stock.

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.