Samsara Inc. $IOT Shares Sold by Royal Fund Management LLC

Royal Fund Management LLC lowered its position in shares of Samsara Inc. (NYSE:IOT) by 75.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 23,500 shares of the company’s stock after selling 73,896 shares during the period. Royal Fund Management LLC’s holdings in Samsara were worth $833,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of IOT. Versant Capital Management Inc lifted its position in Samsara by 6,078.6% in the 3rd quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock valued at $32,000 after purchasing an additional 851 shares during the last quarter. Optiver Holding B.V. grew its position in Samsara by 953.2% in the 3rd quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock worth $44,000 after purchasing an additional 1,058 shares during the last quarter. IFP Advisors Inc increased its stake in shares of Samsara by 194.4% in the third quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock valued at $47,000 after purchasing an additional 828 shares during the period. Family Legacy Financial Solutions LLC increased its stake in shares of Samsara by 100.0% in the third quarter. Family Legacy Financial Solutions LLC now owns 2,000 shares of the company’s stock valued at $74,000 after purchasing an additional 1,000 shares during the period. Finally, Jones Financial Companies Lllp raised its holdings in shares of Samsara by 73.5% during the third 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 during the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Insider Buying and Selling at Samsara

In related news, insider Sanjit Biswas sold 263,900 shares of the firm’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $32.43, for a total transaction of $8,558,277.00. Following the completion of the transaction, the insider owned 78,800 shares of the company’s stock, valued at $2,555,484. This trade represents a 77.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider John Bicket sold 263,900 shares of Samsara stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $32.43, for a total value of $8,558,277.00. Following the transaction, the insider directly owned 78,800 shares in the company, valued at approximately $2,555,484. The trade was a 77.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 2,165,619 shares of company stock worth $63,956,023. 46.49% of the stock is owned by insiders.

Samsara Price Performance

Samsara stock opened at $31.76 on Wednesday. The firm has a 50 day simple moving average of $29.62 and a 200-day simple moving average of $35.05. The stock has a market capitalization of $18.44 billion, a PE ratio of -1,587.01, a price-to-earnings-growth ratio of 11.24 and a beta of 1.60. Samsara Inc. has a 12-month low of $23.38 and a 12-month high of $48.40.

Samsara (NYSE:IOT) last announced its earnings results on Thursday, March 5th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.13 by $0.05. The firm had revenue of $444.30 million for the quarter, compared to analysts’ expectations of $422.29 million. Samsara had a negative return on equity of 0.72% and a negative net margin of 0.56%.The firm’s quarterly revenue was up 28.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.11 earnings per share. 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, analysts forecast that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. TD Cowen reiterated a “buy” rating on shares of Samsara in a research report on Monday, March 2nd. BMO Capital Markets raised their target price on Samsara from $40.00 to $44.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. Truist Financial cut their target price on Samsara from $39.00 to $30.00 and set a “hold” rating on the stock in a research note on Tuesday, February 17th. BTIG Research reduced their price target on Samsara from $55.00 to $45.00 and set a “buy” rating for the company in a research report on Friday, March 6th. Finally, Piper Sandler reissued an “overweight” rating and issued a $39.00 price target (up from $37.00) on shares of Samsara in a research note on Friday, March 6th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $46.18.

About Samsara

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.