Danske Bank A S Has $4.94 Million Position in Samsara Inc. $IOT

Danske Bank A S raised its holdings in Samsara Inc. (NYSE:IOT) by 28.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 139,459 shares of the company’s stock after purchasing an additional 30,657 shares during the period. Danske Bank A S’s holdings in Samsara were worth $4,944,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in IOT. Baillie Gifford & Co. increased its stake in Samsara by 15.0% in the fourth quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock valued at $1,689,565,000 after acquiring an additional 6,208,553 shares during the period. Vanguard Group Inc. lifted its stake in Samsara by 11.5% during the fourth quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock worth $1,174,620,000 after purchasing an additional 3,417,849 shares during the period. State Street Corp lifted its stake in Samsara by 107.8% during the second quarter. State Street Corp now owns 5,611,956 shares of the company’s stock worth $223,244,000 after purchasing an additional 2,910,916 shares during the period. Wellington Management Group LLP boosted its holdings in Samsara by 363.2% during the third quarter. Wellington Management Group LLP now owns 3,181,099 shares of the company’s stock valued at $118,496,000 after purchasing an additional 2,494,368 shares in the last quarter. Finally, Spyglass Capital Management LLC bought a new stake in shares of Samsara in the 3rd quarter valued at approximately $81,956,000. Institutional investors and hedge funds own 96.02% of the company’s stock.

Wall Street Analysts Forecast Growth

IOT has been the subject of several analyst reports. Truist Financial cut their target price on Samsara from $39.00 to $30.00 and set a “hold” rating for the company in a research report on Tuesday, February 17th. Royal Bank Of Canada upped 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. Wells Fargo & Company lifted their price objective on Samsara from $43.00 to $46.00 and gave the company an “overweight” rating in a report on Friday, March 6th. The Goldman Sachs Group set a $45.00 target price on shares of Samsara in a research note on Monday, March 2nd. Finally, Zacks Research raised shares of Samsara from a “hold” rating to a “strong-buy” rating in a report on Friday, March 13th. 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. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $46.18.

Samsara Stock Performance

Shares of IOT opened at $30.45 on Wednesday. The company has a market cap of $17.68 billion, a price-to-earnings ratio of -1,521.59, a PEG ratio of 11.22 and a beta of 1.29. The stock has a fifty day moving average price of $30.44 and a two-hundred day moving average price of $33.59. Samsara Inc. has a 52-week low of $23.38 and a 52-week high of $48.40.

Samsara (NYSE:IOT) last announced its earnings results on Thursday, March 5th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.13 by $0.05. Samsara had a negative return on equity of 0.72% and a negative net margin of 0.56%.The company had revenue of $444.30 million for the quarter, compared to analysts’ expectations of $422.29 million. During the same quarter in the prior year, the business earned $0.11 earnings per share. The business’s revenue for the quarter was up 28.3% on a year-over-year basis. 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, research analysts predict that Samsara Inc. will post 0.06 EPS for the current fiscal year.

Insider Activity at Samsara

In other news, insider Dominic Phillips sold 19,547 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $30.00, for a total transaction of $586,410.00. Following the sale, the insider directly owned 462,801 shares of the company’s stock, valued at $13,884,030. This represents a 4.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Adam Eltoukhy sold 5,473 shares of the firm’s stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $30.68, for a total transaction of $167,911.64. Following the completion of the sale, the insider directly owned 190,649 shares of the company’s stock, valued at approximately $5,849,111.32. This represents a 2.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 2,188,539 shares of company stock worth $62,320,764 in the last quarter. Insiders own 46.49% of the company’s stock.

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.