Rakuten Securities Inc. Decreases Stake in Samsara Inc. $IOT

Rakuten Securities Inc. lessened its stake in shares of Samsara Inc. (NYSE:IOT) by 73.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,976 shares of the company’s stock after selling 19,020 shares during the period. Rakuten Securities Inc.’s holdings in Samsara were worth $260,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in shares of Samsara by 18.3% during the second quarter. Vanguard Group Inc. now owns 27,803,226 shares of the company’s stock worth $1,106,012,000 after buying an additional 4,307,755 shares during the period. Sands Capital Management LLC raised its stake in Samsara by 17.2% in the 2nd quarter. Sands Capital Management LLC now owns 19,276,210 shares of the company’s stock worth $766,808,000 after acquiring an additional 2,833,049 shares during the last quarter. State Street Corp lifted its position in Samsara by 107.8% during the 2nd quarter. State Street Corp now owns 5,611,956 shares of the company’s stock worth $223,244,000 after acquiring an additional 2,910,916 shares during the period. Geode Capital Management LLC grew its stake in Samsara by 65.6% during the 2nd quarter. Geode Capital Management LLC now owns 4,877,254 shares of the company’s stock valued at $193,387,000 after purchasing an additional 1,931,870 shares during the last quarter. Finally, Artisan Partners Limited Partnership lifted its holdings in shares of Samsara by 74.8% during the second quarter. Artisan Partners Limited Partnership now owns 3,964,300 shares of the company’s stock worth $157,700,000 after purchasing an additional 1,696,341 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Jefferies Financial Group set a $57.00 price target on shares of Samsara in a report on Wednesday, December 10th. Royal Bank Of Canada cut their price objective on shares of Samsara from $50.00 to $46.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. Evercore ISI set a $50.00 target price on shares of Samsara and gave the company an “outperform” rating in a research report on Wednesday, October 1st. Zacks Research raised shares of Samsara from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 30th. Finally, TD Cowen lifted their price objective on Samsara from $49.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, December 5th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $51.27.

Insiders Place Their Bets

In other news, CAO Benjamin Louis Kirchhoff sold 1,683 shares of the stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $36.13, for a total transaction of $60,806.79. Following the transaction, the chief accounting officer owned 97,293 shares in the company, valued at $3,515,196.09. This trade represents a 1.70% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Jonathan Chadwick sold 10,000 shares of the business’s stock in a transaction on Friday, December 26th. The stock was sold at an average price of $36.61, for a total transaction of $366,100.00. Following the completion of the sale, the director directly owned 43,865 shares of the company’s stock, valued at approximately $1,605,897.65. The trade was a 18.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 2,675,155 shares of company stock valued at $99,622,791. 46.49% of the stock is owned by insiders.

Samsara Stock Performance

IOT stock opened at $33.84 on Thursday. The firm’s fifty day moving average is $37.76 and its 200 day moving average is $37.69. The firm has a market cap of $19.52 billion, a PE ratio of -422.98 and a beta of 1.62. Samsara Inc. has a one year low of $31.40 and a one year high of $61.90.

Samsara (NYSE:IOT) last posted its earnings results on Thursday, December 4th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.11). The business had revenue of $415.98 million for the quarter, compared to analyst estimates of $398.92 million. Samsara had a negative net margin of 2.79% and a negative return on equity of 3.49%. Samsara’s revenue was up 29.2% on a year-over-year basis. During the same quarter last year, the business earned $0.07 earnings per share. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. Research analysts predict that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

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.