Bamco Inc. NY Has $146.06 Million Stake in Samsara Inc. $IOT

Bamco Inc. NY lifted its position in shares of Samsara Inc. (NYSE:IOT) by 21.9% during the 4th quarter, HoldingsChannel reports. The fund owned 4,120,031 shares of the company’s stock after purchasing an additional 741,200 shares during the period. Bamco Inc. NY’s holdings in Samsara were worth $146,055,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Lazard Asset Management LLC boosted its holdings in shares of Samsara by 2.0% during the 3rd quarter. Lazard Asset Management LLC now owns 13,971 shares of the company’s stock valued at $520,000 after acquiring an additional 279 shares in the last quarter. Jefferies Financial Group Inc. lifted its holdings in Samsara by 1.6% during the 3rd quarter. Jefferies Financial Group Inc. now owns 20,995 shares of the company’s stock worth $782,000 after buying an additional 322 shares during the period. Cim LLC lifted its holdings in Samsara by 1.0% during the 3rd quarter. Cim LLC now owns 32,700 shares of the company’s stock worth $1,218,000 after buying an additional 326 shares during the period. Empowered Funds LLC lifted its holdings in Samsara by 3.4% during the 1st quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock worth $390,000 after buying an additional 335 shares during the period. Finally, IFG Advisory LLC lifted its holdings in Samsara by 0.8% during the 4th quarter. IFG Advisory LLC now owns 44,814 shares of the company’s stock worth $1,589,000 after buying an additional 372 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

Samsara Price Performance

Shares of NYSE:IOT opened at $31.60 on Thursday. The company has a market capitalization of $18.35 billion, a price-to-earnings ratio of 316.04, a P/E/G ratio of 7.63 and a beta of 1.34. The business’s 50-day moving average is $30.89 and its 200-day moving average is $32.22. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $47.47.

Samsara (NYSE:IOT) last announced its quarterly earnings data 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. The company had revenue of $478.84 million for the quarter, compared to the consensus estimate of $455.21 million. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The firm’s revenue was up 30.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.11 EPS. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. Analysts anticipate that Samsara Inc. will post 0.15 EPS for the current year.

Analyst Ratings Changes

Several brokerages have commented on IOT. KeyCorp lifted their target price on Samsara from $40.00 to $41.00 and gave the stock an “overweight” rating in a report on Friday, March 6th. BMO Capital Markets lifted their target price on Samsara from $40.00 to $44.00 and gave the stock an “outperform” rating in a report on Friday, March 6th. BTIG Research reaffirmed a “buy” rating and set a $45.00 target price on shares of Samsara in a report on Friday, June 5th. Wolfe Research reaffirmed an “outperform” rating on shares of Samsara in a report on Thursday, June 11th. Finally, Weiss Ratings raised Samsara from a “sell (d-)” rating to a “sell (d+)” rating in a report on Monday. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.53.

Insider Activity

In other Samsara news, Director Jonathan Chadwick sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $33.47, for a total transaction of $334,700.00. Following the completion of the sale, the director directly owned 43,865 shares of the company’s stock, valued at approximately $1,468,161.55. The trade was a 18.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Marc L. Andreessen sold 613,660 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $32.27, for a total value of $19,802,808.20. Following the sale, the director directly owned 2,256,487 shares of the company’s stock, valued at $72,816,835.49. This represents a 21.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 4,988,722 shares of company stock worth $155,944,374. Company insiders own 35.13% of the company’s stock.

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.