Delta Global Management LP Takes Position in Samsara Inc. $IOT

Delta Global Management LP bought a new position in shares of Samsara Inc. (NYSE:IOT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 62,375 shares of the company’s stock, valued at approximately $2,323,000.

Several other institutional investors have also recently added to or reduced their stakes in IOT. Versant Capital Management Inc boosted its holdings in Samsara by 6,078.6% in the third quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock valued at $32,000 after purchasing an additional 851 shares in the last quarter. Allworth Financial LP raised its holdings in Samsara by 906.9% during the second quarter. Allworth Financial LP now owns 1,168 shares of the company’s stock worth $46,000 after purchasing an additional 1,052 shares in the last quarter. Optiver Holding B.V. lifted its position in shares of Samsara by 953.2% during the 3rd quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock worth $44,000 after buying an additional 1,058 shares during the last quarter. Family Legacy Financial Solutions LLC lifted its position in shares of Samsara by 100.0% during the 3rd quarter. Family Legacy Financial Solutions LLC now owns 2,000 shares of the company’s stock worth $74,000 after buying an additional 1,000 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in shares of Samsara by 73.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 2,216 shares of the company’s stock valued at $84,000 after buying an additional 939 shares in the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Samsara Stock Up 2.6%

NYSE:IOT opened at $32.56 on Tuesday. Samsara Inc. has a 52-week low of $23.38 and a 52-week high of $48.40. The stock has a fifty day simple moving average of $30.04 and a 200-day simple moving average of $35.49. The company has a market capitalization of $18.79 billion, a PE ratio of -1,627.19, a price-to-earnings-growth ratio of 11.63 and a beta of 1.60.

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

Insiders Place Their Bets

In related news, insider John Bicket sold 263,900 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $25.87, for a total value of $6,827,093.00. Following the sale, the insider owned 57,600 shares of the company’s stock, valued at approximately $1,490,112. This represents a 82.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Benjamin Louis Kirchhoff sold 1,731 shares of the stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $26.64, for a total value of $46,113.84. Following the sale, the chief accounting officer owned 121,913 shares in the company, valued at approximately $3,247,762.32. This trade represents a 1.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 2,836,517 shares of company stock valued at $88,981,454. Corporate insiders own 46.49% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on IOT shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Samsara in a research report on Thursday, January 22nd. Royal Bank Of Canada upped their price objective on shares of Samsara from $35.00 to $41.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. Jefferies Financial Group set a $57.00 price objective on Samsara in a report on Wednesday, December 10th. BTIG Research cut their target price on Samsara from $55.00 to $45.00 and set a “buy” rating on the stock in a research report on Friday, March 6th. Finally, The Goldman Sachs Group set a $45.00 target price on Samsara in a report on Monday, March 2nd. One 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $46.18.

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.