Samsara Inc. $IOT Shares Purchased by Corient Private Wealth LLC

Corient Private Wealth LLC boosted its position in Samsara Inc. (NYSE:IOT) by 99.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 39,382 shares of the company’s stock after buying an additional 19,659 shares during the period. Corient Private Wealth LLC’s holdings in Samsara were worth $1,396,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Acumen Wealth Advisors LLC acquired a new position in shares of Samsara during the fourth quarter worth about $28,000. Caitong International Asset Management Co. Ltd lifted its position in Samsara by 312.6% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock valued at $31,000 after purchasing an additional 669 shares during the period. AlphaCentric Advisors LLC purchased a new stake in Samsara in the 4th quarter valued at approximately $36,000. IFP Advisors Inc boosted its holdings in Samsara by 194.4% in the 3rd quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock valued at $47,000 after purchasing an additional 828 shares in the last quarter. Finally, Los Angeles Capital Management LLC acquired a new position in Samsara during the 4th quarter worth approximately $52,000. 96.02% of the stock is owned by institutional investors and hedge funds.

Samsara Stock Performance

Shares of IOT stock opened at $32.51 on Wednesday. The stock has a fifty day moving average price of $31.43 and a 200 day moving average price of $31.59. The stock has a market cap 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 Inc. has a 1 year low of $23.38 and a 1 year high of $47.47.

Samsara (NYSE:IOT) last posted its earnings results on Thursday, June 4th. The company reported $0.17 earnings per share for the quarter, beating 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 company had revenue of $478.84 million for the quarter, compared to analyst estimates of $455.21 million. During the same quarter in the prior year, the company earned $0.11 earnings per share. Samsara’s 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. As a group, equities research analysts predict that Samsara Inc. will post 0.15 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on IOT. TD Cowen reissued a “buy” rating and set a $45.00 target price on shares of Samsara in a research note on Thursday, June 25th. KeyCorp restated an “overweight” rating on shares of Samsara in a research note on Friday. Wolfe Research reiterated an “outperform” rating on shares of Samsara in a research report on Thursday, June 11th. Piper Sandler reissued an “overweight” rating and issued a $40.00 target price (up from $39.00) on shares of Samsara in a report on Friday, June 5th. Finally, Wells Fargo & Company boosted their target price on shares of Samsara from $46.00 to $50.00 and gave the stock an “overweight” rating in a research report on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $45.94.

Insider Buying and Selling at Samsara

In other Samsara news, insider Sanjit Biswas sold 168,272 shares of Samsara stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $28.58, for a total transaction of $4,809,213.76. Following the completion of the transaction, the insider owned 15,200 shares in the company, valued at approximately $434,416. The trade was a 91.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Bicket sold 168,227 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $28.58, for a total transaction of $4,807,927.66. Following the completion of the sale, the insider directly owned 15,200 shares in the company, valued at $434,416. This trade represents a 91.71% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 4,459,353 shares of company stock worth $139,201,972. 35.13% of the stock is owned by corporate insiders.

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.