Samsara Inc. $IOT Shares Bought by GC Wealth Management RIA LLC

GC Wealth Management RIA LLC raised its stake in Samsara Inc. (NYSE:IOT) by 7.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,091,876 shares of the company’s stock after buying an additional 71,474 shares during the period. Samsara makes up approximately 1.4% of GC Wealth Management RIA LLC’s holdings, making the stock its 12th largest holding. GC Wealth Management RIA LLC’s holdings in Samsara were worth $38,707,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Versant Capital Management Inc grew its holdings in shares of Samsara by 6,078.6% in the 3rd quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock worth $32,000 after acquiring an additional 851 shares during the period. Optiver Holding B.V. raised its holdings in Samsara by 953.2% during the third 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. IFP Advisors Inc raised its holdings in Samsara by 194.4% during the third quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock worth $47,000 after purchasing an additional 828 shares during the last quarter. Jones Financial Companies Lllp boosted its position in Samsara by 73.5% during the third quarter. Jones Financial Companies Lllp now owns 2,216 shares of the company’s stock worth $84,000 after purchasing an additional 939 shares in the last quarter. Finally, Quarry LP grew its holdings in Samsara by 95.1% in the third quarter. Quarry LP now owns 2,528 shares of the company’s stock valued at $94,000 after purchasing an additional 1,232 shares during the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Samsara Trading Down 0.3%

NYSE:IOT opened at $29.38 on Wednesday. The firm has a market cap of $17.06 billion, a price-to-earnings ratio of -1,468.42, a price-to-earnings-growth ratio of 10.81 and a beta of 1.50. The company’s 50-day moving average is $30.28 and its two-hundred day moving average is $33.77. Samsara Inc. has a 12-month low of $23.38 and a 12-month high of $48.40.

Samsara (NYSE:IOT) last posted its quarterly earnings data 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 business had revenue of $444.30 million during the quarter, compared to analyst estimates of $422.29 million. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. The company’s revenue was up 28.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $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. On average, equities research analysts forecast that Samsara Inc. will post 0.06 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

IOT has been the subject of a number of research analyst reports. Truist Financial dropped their price target on Samsara from $39.00 to $30.00 and set a “hold” rating for the company in a research report on Tuesday, February 17th. Zacks Research raised shares of Samsara from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 13th. UBS Group restated a “buy” rating and set a $48.00 target price on shares of Samsara in a report on Friday, March 6th. KeyCorp upped their price target on shares of Samsara from $40.00 to $41.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Finally, BMO Capital Markets raised their price objective 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. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.18.

Insider Activity

In other Samsara news, CAO Benjamin Louis Kirchhoff sold 2,480 shares of the business’s stock in a transaction on Monday, April 13th. The stock was sold at an average price of $26.02, for a total value of $64,529.60. Following the completion of the transaction, the chief accounting officer directly owned 114,258 shares in the company, valued at approximately $2,972,993.16. The trade was a 2.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sanjit Biswas sold 96,562 shares of the stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $27.98, for a total value of $2,701,804.76. Following the transaction, the insider directly owned 158,200 shares in the company, valued at approximately $4,426,436. This represents a 37.90% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 2,168,992 shares of company stock valued at $59,691,733 over the last quarter. Insiders own 46.49% of the company’s stock.

Samsara 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.