Samsara Inc. $IOT Shares Sold by KBC Group NV

KBC Group NV lessened its holdings in Samsara Inc. (NYSE:IOT) by 76.1% during the 1st quarter, Holdings Channel reports. The firm owned 33,017 shares of the company’s stock after selling 105,386 shares during the quarter. KBC Group NV’s holdings in Samsara were worth $1,046,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of IOT. Acumen Wealth Advisors LLC acquired a new position in shares of Samsara during the 4th quarter worth approximately $28,000. Caitong International Asset Management Co. Ltd raised its stake in Samsara by 312.6% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock valued at $31,000 after purchasing an additional 669 shares during the last quarter. AlphaCentric Advisors LLC purchased a new position in Samsara in the 4th quarter valued at about $36,000. IFP Advisors Inc lifted its holdings in Samsara by 194.4% in the 3rd quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock valued at $47,000 after purchasing an additional 828 shares in the last quarter. Finally, Los Angeles Capital Management LLC acquired a new stake in shares of Samsara during the 4th quarter worth about $52,000. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Samsara Stock Performance

Samsara stock opened at $33.16 on Friday. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $47.47. The firm has a 50 day moving average price of $33.78 and a 200 day moving average price of $31.43. The company has a market cap of $19.32 billion, a price-to-earnings ratio of 331.58, a PEG ratio of 7.43 and a beta of 1.35.

Samsara (NYSE:IOT) last posted its quarterly earnings results on Thursday, June 4th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. Samsara had a net margin of 3.32% and a return on equity of 2.00%. The company had revenue of $478.84 million for the quarter, compared to the consensus estimate of $455.21 million. During the same quarter last year, the firm posted $0.11 earnings per share. Samsara’s revenue was up 30.5% on a year-over-year basis. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. Sell-side analysts predict that Samsara Inc. will post 0.15 EPS for the current year.

Insider Activity

In related news, insider Dominic Phillips sold 12,065 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $33.32, for a total transaction of $402,005.80. Following the completion of the sale, the insider owned 836,100 shares of the company’s stock, valued at approximately $27,858,852. This represents a 1.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Adam Eltoukhy sold 3,653 shares of Samsara stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $37.00, for a total transaction of $135,161.00. Following the transaction, the insider directly owned 425,080 shares in the company, valued at approximately $15,727,960. This trade represents a 0.85% 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 4,464,637 shares of company stock valued at $144,511,167 in the last 90 days. 35.13% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on IOT shares. KeyCorp reissued an “overweight” rating on shares of Samsara in a research report on Friday, June 26th. BTIG Research restated a “buy” rating and set a $45.00 target price on shares of Samsara in a research report on Friday, June 26th. Jefferies Financial Group raised shares of Samsara to a “buy” rating in a research note on Thursday, June 11th. Weiss Ratings upgraded Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a report on Monday, June 15th. Finally, Piper Sandler restated an “overweight” rating and set a $40.00 price objective (up from $39.00) on shares of Samsara in a report on Friday, June 5th. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $45.33.

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.