890,725 Shares in Samsara Inc. $IOT Purchased by USS Investment Management Ltd

USS Investment Management Ltd acquired a new stake in Samsara Inc. (NYSE:IOT) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 890,725 shares of the company’s stock, valued at approximately $28,232,000.

A number of other large investors also recently bought and sold shares of IOT. American Century Companies Inc. increased its holdings in shares of Samsara by 13.7% in the 3rd quarter. American Century Companies Inc. now owns 1,786,790 shares of the company’s stock valued at $66,558,000 after acquiring an additional 214,793 shares during the last quarter. Quantbot Technologies LP lifted its stake in Samsara by 9,688.4% during the third quarter. Quantbot Technologies LP now owns 65,778 shares of the company’s stock worth $2,450,000 after purchasing an additional 65,106 shares during the last quarter. Nordea Investment Management AB boosted its holdings in Samsara by 18.8% in the fourth quarter. Nordea Investment Management AB now owns 2,467,232 shares of the company’s stock worth $88,228,000 after purchasing an additional 389,751 shares during the period. Delta Global Management LP acquired a new position in Samsara in the third quarter worth $2,323,000. Finally, Allen Operations LLC increased its stake in Samsara by 83.3% during the fourth quarter. Allen Operations LLC now owns 66,020 shares of the company’s stock valued at $2,340,000 after purchasing an additional 30,000 shares during the last quarter. Institutional investors own 96.02% of the company’s stock.

Samsara Price Performance

Shares of NYSE IOT opened at $32.51 on Wednesday. Samsara Inc. has a 1-year low of $23.38 and a 1-year high of $47.47. The business’s fifty day moving average price is $31.43 and its two-hundred day moving average price is $31.59. The firm has a market capitalization of $18.94 billion, a PE ratio of 325.13, a P/E/G ratio of 7.53 and a beta of 1.34.

Samsara (NYSE:IOT) last posted its earnings results on Thursday, June 4th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The company had revenue of $478.84 million for the quarter, compared to analysts’ expectations of $455.21 million. During the same period last year, the business posted $0.11 earnings per share. The firm’s quarterly revenue 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. Equities research analysts expect that Samsara Inc. will post 0.15 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. BMO Capital Markets increased their target price on shares of Samsara from $40.00 to $44.00 and gave the stock an “outperform” rating in a report on Friday, March 6th. KeyCorp reaffirmed an “overweight” rating on shares of Samsara in a report on Friday. Wells Fargo & Company boosted their price objective on shares of Samsara from $46.00 to $50.00 and gave the company an “overweight” rating in a research report on Friday, June 5th. Weiss Ratings upgraded shares of Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a research note on Monday, June 15th. Finally, UBS Group reissued a “buy” rating and issued a $48.00 target price on shares of Samsara in a report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $45.94.

Insiders Place Their Bets

In related news, CAO Benjamin Louis Kirchhoff sold 2,549 shares of Samsara stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $33.74, for a total value of $86,003.26. Following the sale, the chief accounting officer directly owned 167,269 shares in the company, valued at $5,643,656.06. This trade represents a 1.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Marc L. Andreessen sold 613,660 shares of the business’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $32.27, for a total transaction of $19,802,808.20. Following the transaction, the director directly owned 2,256,487 shares of the company’s stock, valued at $72,816,835.49. The trade was a 21.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 4,459,353 shares of company stock worth $139,201,972. 35.13% of the stock is owned by company insiders.

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.