SG Americas Securities LLC Acquires 173,675 Shares of Samsara Inc. $IOT

SG Americas Securities LLC grew its holdings in Samsara Inc. (NYSE:IOT) by 1,027.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 190,578 shares of the company’s stock after buying an additional 173,675 shares during the quarter. SG Americas Securities LLC’s holdings in Samsara were worth $6,756,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Norges Bank bought a new stake in shares of Samsara during the 2nd quarter valued at about $134,950,000. State Street Corp raised its stake in Samsara by 107.8% in the second quarter. State Street Corp now owns 5,611,956 shares of the company’s stock worth $223,244,000 after buying an additional 2,910,916 shares in the last quarter. Sands Capital Management LLC raised its stake in Samsara by 17.2% in the second quarter. Sands Capital Management LLC now owns 19,276,210 shares of the company’s stock worth $766,808,000 after buying an additional 2,833,049 shares in the last quarter. Wellington Management Group LLP lifted its holdings in Samsara by 363.2% in the third quarter. Wellington Management Group LLP now owns 3,181,099 shares of the company’s stock worth $118,496,000 after buying an additional 2,494,368 shares during the period. Finally, Spyglass Capital Management LLC bought a new stake in Samsara during the 3rd quarter valued at approximately $81,956,000. 96.02% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on IOT shares. JPMorgan Chase & Co. increased their target price on Samsara from $46.00 to $48.00 and gave the stock a “neutral” rating in a research report on Friday, December 5th. Royal Bank Of Canada lifted their price target on Samsara from $35.00 to $41.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Samsara in a research note on Thursday, January 22nd. Bank of America increased their price objective on Samsara from $53.00 to $55.00 and gave the stock a “buy” rating in a report on Friday, December 5th. Finally, KeyCorp raised their price objective on Samsara from $40.00 to $41.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $46.18.

Samsara Stock Performance

IOT stock opened at $31.76 on Wednesday. The firm has a 50 day moving average price of $29.62 and a 200-day moving average price of $35.05. Samsara Inc. has a 52-week low of $23.38 and a 52-week high of $48.40. The firm has a market capitalization of $18.44 billion, a price-to-earnings ratio of -1,587.01, a PEG ratio of 11.24 and a beta of 1.60.

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 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 0.72% and a negative net margin of 0.56%.The firm’s revenue for the quarter was up 28.3% on a year-over-year basis. During the same quarter last 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 forecast that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Insider Buying and Selling at Samsara

In related news, insider Sanjit Biswas sold 263,900 shares of the stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $32.43, for a total transaction of $8,558,277.00. Following the sale, the insider directly owned 78,800 shares of the company’s stock, valued at approximately $2,555,484. This represents a 77.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider John Bicket sold 263,900 shares of the firm’s stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $32.43, for a total transaction of $8,558,277.00. Following the sale, the insider owned 78,800 shares of the company’s stock, valued at approximately $2,555,484. This represents a 77.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 2,165,619 shares of company stock valued at $63,956,023 over the last 90 days. Corporate 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.