Janus Henderson Group PLC Has $34.28 Million Holdings in Samsara Inc. $IOT

Janus Henderson Group PLC lowered its stake in shares of Samsara Inc. (NYSE:IOT) by 6.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,081,597 shares of the company’s stock after selling 79,187 shares during the quarter. Janus Henderson Group PLC’s holdings in Samsara were worth $34,276,000 at the end of the most recent quarter.

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

Samsara Stock Up 0.6%

Shares of IOT stock opened at $37.48 on Monday. Samsara Inc. has a 12-month low of $23.38 and a 12-month high of $47.47. The firm has a fifty day moving average of $34.42 and a 200-day moving average of $31.51. The company has a market capitalization of $21.84 billion, a price-to-earnings ratio of 374.79, a P/E/G ratio of 8.37 and a beta of 1.34.

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

Insider Activity at Samsara

In related news, insider John Bicket sold 245,925 shares of Samsara stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $36.77, for a total transaction of $9,042,662.25. Following the completion of the sale, the insider directly owned 94,000 shares of the company’s stock, valued at approximately $3,456,380. This trade represents a 72.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Marc L. Andreessen sold 613,660 shares of the company’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 completion of the transaction, the director directly owned 2,256,487 shares in the company, valued at approximately $72,816,835.49. This represents a 21.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 4,449,703 shares of company stock valued at $147,811,957. 35.13% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on IOT shares. Morgan Stanley set a $43.00 target price on shares of Samsara in a research note on Tuesday, July 21st. BTIG Research reiterated a “buy” rating and set a $45.00 price target on shares of Samsara in a research report on Friday, June 26th. Jefferies Financial Group upgraded shares of Samsara to a “buy” rating in a research report on Thursday, June 11th. TD Cowen reissued a “buy” rating and issued a $45.00 price target on shares of Samsara in a research note on Thursday, June 25th. Finally, Guggenheim started coverage on Samsara in a research note on Wednesday, July 22nd. They set a “buy” rating and a $45.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $45.33.

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.