Samsara Inc. $IOT Shares Sold by Caden Capital Partners LP

Caden Capital Partners LP lessened its stake in Samsara Inc. (NYSE:IOT) by 53.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 150,000 shares of the company’s stock after selling 172,039 shares during the period. Samsara makes up 2.3% of Caden Capital Partners LP’s portfolio, making the stock its 9th largest position. Caden Capital Partners LP’s holdings in Samsara were worth $5,588,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IOT. Lazard Asset Management LLC lifted its position in Samsara by 2.0% during the 3rd quarter. Lazard Asset Management LLC now owns 13,971 shares of the company’s stock worth $520,000 after acquiring an additional 279 shares during the period. KLP Kapitalforvaltning AS grew its stake in shares of Samsara by 0.3% in the 3rd quarter. KLP Kapitalforvaltning AS now owns 113,900 shares of the company’s stock valued at $4,243,000 after purchasing an additional 300 shares during the last quarter. Jefferies Financial Group Inc. increased its holdings in shares of Samsara by 1.6% in the third quarter. Jefferies Financial Group Inc. now owns 20,995 shares of the company’s stock valued at $782,000 after purchasing an additional 322 shares during the period. Cim LLC increased its holdings in shares of Samsara by 1.0% in the third quarter. Cim LLC now owns 32,700 shares of the company’s stock valued at $1,218,000 after purchasing an additional 326 shares during the period. Finally, Empowered Funds LLC raised its stake in shares of Samsara by 3.4% during the first quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock worth $390,000 after purchasing an additional 335 shares during the last quarter. 96.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Zacks Research downgraded Samsara from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. KeyCorp upped their price objective on shares of Samsara from $40.00 to $41.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. Evercore restated an “outperform” rating on shares of Samsara in a research note on Friday, March 6th. Piper Sandler reaffirmed an “overweight” rating and issued a $39.00 target price (up from $37.00) on shares of Samsara in a report on Friday, March 6th. Finally, The Goldman Sachs Group set a $45.00 price target on shares of Samsara in a research note on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Samsara has an average rating of “Moderate Buy” and an average price target of $46.18.

Samsara Price Performance

Samsara stock opened at $31.70 on Friday. The stock’s 50 day moving average price is $30.08 and its 200 day moving average price is $35.52. Samsara Inc. has a 1-year low of $23.38 and a 1-year high of $48.40. The company has a market cap of $18.29 billion, a PE ratio of -1,583.96 and a beta of 1.60.

Samsara (NYSE:IOT) last released its quarterly earnings data on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.05. Samsara had a negative return on equity of 0.75% and a negative net margin of 0.56%.The firm had revenue of $444.30 million during the quarter, compared to analysts’ expectations of $422.29 million. During the same quarter in the prior year, the business posted $0.11 earnings per share. Samsara’s revenue was up 28.3% compared to the same quarter last year. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. On average, equities research analysts anticipate that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Sanjit Biswas sold 263,900 shares of the business’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $34.40, for a total transaction of $9,078,160.00. Following the sale, the insider owned 89,400 shares of the company’s stock, valued at approximately $3,075,360. The trade was a 74.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider John Bicket sold 263,900 shares of the company’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $34.40, for a total transaction of $9,078,160.00. Following the transaction, the insider owned 89,400 shares in the company, valued at $3,075,360. The trade was a 74.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 2,903,585 shares of company stock worth $91,712,463. Corporate 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.