PensionDanmark Pensionsforsikringsaktieselskab Cuts Position in Samsara Inc. $IOT

PensionDanmark Pensionsforsikringsaktieselskab lessened its position in Samsara Inc. (NYSE:IOT) by 95.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,060 shares of the company’s stock after selling 190,876 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Samsara were worth $326,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Assenagon Asset Management S.A. increased its position in Samsara by 43.9% during the second quarter. Assenagon Asset Management S.A. now owns 22,987 shares of the company’s stock valued at $745,000 after acquiring an additional 7,015 shares during the last quarter. Archer Investment Management LLC purchased a new position in shares of Samsara during the 2nd quarter worth $454,000. Balefire LLC purchased a new position in shares of Samsara during the 2nd quarter worth $209,000. Avior Wealth Management LLC grew its position in shares of Samsara by 10.3% during the 2nd quarter. Avior Wealth Management LLC now owns 15,956 shares of the company’s stock valued at $517,000 after acquiring an additional 1,494 shares during the period. Finally, CX Institutional bought a new stake in shares of Samsara during the 2nd quarter valued at $64,000. Institutional investors own 96.02% of the company’s stock.

Insider Activity

In related news, insider Dominic Phillips sold 11,710 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $37.62, for a total transaction of $440,530.20. Following the sale, the insider owned 836,100 shares in the company, valued at approximately $31,454,082. This trade represents a 1.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Adam Eltoukhy sold 3,653 shares of the stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $34.95, for a total transaction of $127,672.35. Following the sale, the insider directly owned 425,080 shares in the company, valued at approximately $14,856,546. The trade was 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. Over the last three months, insiders sold 4,670,622 shares of company stock valued at $159,545,759. 35.13% of the stock is currently owned by corporate insiders.

Samsara Price Performance

NYSE IOT opened at $40.12 on Tuesday. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $47.47. The company has a market capitalization of $23.38 billion, a PE ratio of 401.24, a P/E/G ratio of 9.18 and a beta of 1.34. The company has a fifty day moving average of $35.15 and a 200 day moving average of $31.72.

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

Wall Street Analyst Weigh In

A number of equities analysts recently commented on IOT shares. BTIG Research reaffirmed a “buy” rating and issued a $45.00 target price on shares of Samsara in a report on Friday, June 26th. Morgan Stanley set a $43.00 price target on Samsara in a report on Tuesday, July 21st. Royal Bank Of Canada increased their price objective on shares of Samsara from $41.00 to $42.00 and gave the stock an “outperform” rating in a research note on Friday, June 5th. Piper Sandler downgraded Samsara from an “overweight” rating to a “neutral” rating and set a $40.00 target price on the stock. in a research note on Sunday. Finally, TD Cowen reiterated a “buy” rating and issued a $45.00 price target on shares of Samsara in a research note on Thursday, June 25th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $45.33.

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.