Sei Investments Co. Grows Holdings in Samsara Inc. $IOT

Sei Investments Co. raised its stake in Samsara Inc. (NYSE:IOT) by 25.6% during the first quarter, Holdings Channel.com reports. The institutional investor owned 1,124,032 shares of the company’s stock after purchasing an additional 228,894 shares during the quarter. Sei Investments Co.’s holdings in Samsara were worth $35,621,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Baillie Gifford & Co. lifted its holdings in shares of Samsara by 15.0% during the 4th quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock worth $1,689,565,000 after acquiring an additional 6,208,553 shares during the last quarter. Vanguard Group Inc. increased its stake in Samsara by 11.5% in the fourth quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock valued at $1,174,620,000 after acquiring an additional 3,417,849 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Samsara by 58.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock valued at $421,079,000 after acquiring an additional 4,401,082 shares during the last quarter. Brown Advisory Inc. raised its position in Samsara by 42.1% during the fourth quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock valued at $397,536,000 after purchasing an additional 3,322,023 shares in the last quarter. Finally, State Street Corp raised its position in Samsara by 15.8% during the fourth quarter. State Street Corp now owns 6,920,219 shares of the company’s stock valued at $245,322,000 after purchasing an additional 944,485 shares in the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Samsara Stock Performance

Shares of Samsara stock opened at $33.16 on Monday. The company’s 50 day moving average price is $33.78 and its 200-day moving average price is $31.41. Samsara Inc. has a 52-week low of $23.38 and a 52-week high of $47.47. The stock has a market capitalization of $19.32 billion, a price-to-earnings ratio of 331.58, a P/E/G ratio of 7.43 and a beta of 1.35.

Samsara (NYSE:IOT) last issued its quarterly earnings data on Thursday, June 4th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.13 by $0.04. Samsara had a net margin of 3.32% and a return on equity of 2.00%. The firm had revenue of $478.84 million during the quarter, compared to the consensus estimate of $455.21 million. During the same period in the prior year, the firm posted $0.11 earnings per share. The company’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. As a group, equities research analysts forecast that Samsara Inc. will post 0.15 earnings per share for the current fiscal year.

Insider Activity at Samsara

In other Samsara news, insider John Bicket sold 245,925 shares of the company’s stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $36.77, for a total value of $9,042,662.25. Following the sale, the insider owned 94,000 shares in the company, valued at approximately $3,456,380. This represents a 72.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Marc L. Andreessen sold 613,660 shares of the firm’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $32.27, for a total value of $19,802,808.20. Following the transaction, the director 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 SEC filing for this sale provides additional information. Insiders have sold 4,464,637 shares of company stock worth $144,511,167 over the last 90 days. 35.13% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

IOT has been the subject of a number of research reports. BTIG Research reiterated a “buy” rating and issued a $45.00 price objective on shares of Samsara in a report on Friday, June 26th. Wolfe Research reissued an “outperform” rating on shares of Samsara in a report on Thursday, June 11th. Jefferies Financial Group upgraded Samsara to a “buy” rating in a research report on Thursday, June 11th. Guggenheim initiated coverage on Samsara in a research note on Wednesday. They issued a “buy” rating and a $45.00 target price for the company. Finally, Royal Bank Of Canada increased their price target on shares of Samsara from $41.00 to $42.00 and gave the company an “outperform” rating in a research report on Friday, June 5th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price 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.