Samsara Inc. $IOT Shares Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP grew its position in Samsara Inc. (NYSE:IOT) by 47.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 575,858 shares of the company’s stock after purchasing an additional 186,573 shares during the period. Quantinno Capital Management LP’s holdings in Samsara were worth $18,249,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Daventry Group LP acquired a new position in shares of Samsara during the first quarter worth approximately $6,473,000. OMERS ADMINISTRATION Corp increased its position in Samsara by 50.5% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 11,224 shares of the company’s stock valued at $356,000 after acquiring an additional 3,767 shares during the period. Lombard Odier Asset Management Switzerland SA bought a new stake in Samsara during the 1st quarter valued at $244,000. Arrowstreet Capital Limited Partnership raised its stake in Samsara by 77.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,254,257 shares of the company’s stock valued at $39,747,000 after acquiring an additional 546,082 shares in the last quarter. Finally, Capula Management Ltd bought a new stake in Samsara during the 1st quarter valued at $2,354,000. Institutional investors own 96.02% of the company’s stock.

Samsara Stock Up 0.6%

Shares of Samsara stock opened at $37.48 on Monday. Samsara Inc. has a 12-month low of $23.38 and a 12-month high of $47.47. The firm has a market capitalization of $21.84 billion, a PE ratio of 374.79, a price-to-earnings-growth ratio of 8.37 and a beta of 1.34. The stock’s fifty day moving average is $34.42 and its 200-day moving average is $31.51.

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

Analysts Set New Price Targets

Several research firms have recently issued reports on IOT. BTIG Research reissued a “buy” rating and issued a $45.00 price target on shares of Samsara in a research note on Friday, June 26th. Wolfe Research restated an “outperform” rating on shares of Samsara in a research note on Thursday, June 11th. Zacks Research downgraded shares of Samsara from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. Jefferies Financial Group upgraded shares of Samsara to a “buy” rating in a research report on Thursday, June 11th. Finally, Guggenheim started coverage on shares of Samsara in a research note on Wednesday, July 22nd. They set a “buy” rating and a $45.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $45.33.

Insiders Place Their Bets

In other news, insider John Bicket sold 245,925 shares of the firm’s stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $36.77, for a total value of $9,042,662.25. Following the completion of the sale, the insider owned 94,000 shares of the company’s stock, valued at $3,456,380. This trade represents a 72.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Marc L. Andreessen sold 613,660 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $32.27, for a total value of $19,802,808.20. Following the completion of the sale, the director directly owned 2,256,487 shares of the company’s stock, valued at approximately $72,816,835.49. This trade represents a 21.38% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 4,449,703 shares of company stock worth $147,811,957. Corporate insiders own 35.13% 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.