Landscape Capital Management L.L.C. Takes $1.79 Million Position in Samsara Inc. $IOT

Landscape Capital Management L.L.C. bought a new stake in shares of Samsara Inc. (NYSE:IOT) during the fourth quarter, HoldingsChannel.com reports. The fund bought 50,469 shares of the company’s stock, valued at approximately $1,789,000.

A number of other hedge funds have also recently modified their holdings of the business. Eventide Asset Management LLC grew its stake in shares of Samsara by 12.5% during the fourth quarter. Eventide Asset Management LLC now owns 59,177 shares of the company’s stock valued at $2,101,000 after buying an additional 6,579 shares during the last quarter. Brown Advisory Inc. grew its stake in shares of Samsara by 42.1% during the fourth quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock valued at $397,536,000 after buying an additional 3,322,023 shares during the last quarter. Kestra Advisory Services LLC grew its stake in shares of Samsara by 38.2% during the fourth quarter. Kestra Advisory Services LLC now owns 13,043 shares of the company’s stock valued at $462,000 after buying an additional 3,608 shares during the last quarter. Marshall Wace LLP grew its stake in shares of Samsara by 41.7% during the fourth quarter. Marshall Wace LLP now owns 559,629 shares of the company’s stock valued at $19,839,000 after buying an additional 164,762 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its stake in shares of Samsara by 15.5% during the fourth quarter. The Manufacturers Life Insurance Company now owns 68,407 shares of the company’s stock valued at $2,425,000 after buying an additional 9,188 shares during the last quarter. Institutional investors own 96.02% of the company’s stock.

Samsara Stock Performance

Shares of NYSE IOT opened at $33.51 on Tuesday. The stock has a 50 day moving average price of $30.88 and a 200 day moving average price of $32.29. The firm has a market capitalization of $19.46 billion, a price-to-earnings ratio of 335.16, a PEG ratio of 7.86 and a beta of 1.34. Samsara Inc. has a 52-week low of $23.38 and a 52-week high of $47.47.

Samsara (NYSE:IOT) last posted its 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. The company 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 was up 30.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.11 earnings per share. 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 forecast that Samsara Inc. will post 0.15 earnings per share for the current year.

Analyst Upgrades and Downgrades

IOT has been the topic of a number of analyst reports. The Goldman Sachs Group set a $45.00 target price on Samsara in a research note on Monday, March 2nd. Royal Bank Of Canada boosted their price target on Samsara from $41.00 to $42.00 and gave the company an “outperform” rating in a report on Friday, June 5th. UBS Group reiterated a “buy” rating and issued a $48.00 price target on shares of Samsara in a report on Friday, March 6th. TD Cowen reiterated a “buy” rating on shares of Samsara in a report on Friday, May 22nd. Finally, Wolfe Research reiterated an “outperform” rating on shares of Samsara in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $46.53.

Insider Buying and Selling

In other Samsara news, insider John Bicket sold 30,345 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $31.20, for a total transaction of $946,764.00. Following the completion of the sale, the insider owned 153,828 shares in the company, valued at $4,799,433.60. This represents a 16.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sanjit Biswas sold 31,081 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $31.21, for a total value of $970,038.01. Following the sale, the insider owned 307,056 shares of the company’s stock, valued at approximately $9,583,217.76. This represents a 9.19% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 4,976,173 shares of company stock worth $155,523,670 in the last three months. Corporate insiders own 35.13% of the company’s stock.

About Samsara

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.