Samsara Inc. $IOT Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC increased its stake in shares of Samsara Inc. (NYSE:IOT) by 1,514.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 295,461 shares of the company’s stock after purchasing an additional 277,162 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.05% of Samsara worth $10,329,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Pinegrove Venture Partners LLC boosted its position in Samsara by 46.0% during the third quarter. Pinegrove Venture Partners LLC now owns 556,582 shares of the company’s stock worth $20,733,000 after acquiring an additional 175,411 shares during the last quarter. Lazard Freres Gestion S.A.S. purchased a new position in shares of Samsara in the 3rd quarter worth about $2,235,000. Bessemer Group Inc. lifted its stake in shares of Samsara by 19.8% in the 3rd quarter. Bessemer Group Inc. now owns 1,728,322 shares of the company’s stock valued at $64,379,000 after purchasing an additional 286,193 shares in the last quarter. LBP AM SA grew its holdings in shares of Samsara by 13.9% during the 3rd quarter. LBP AM SA now owns 313,987 shares of the company’s stock worth $11,696,000 after purchasing an additional 38,235 shares during the period. Finally, JPMorgan Chase & Co. increased its position in Samsara by 28.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,380,514 shares of the company’s stock worth $54,917,000 after purchasing an additional 309,920 shares in the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Insider Buying and Selling at Samsara

In other news, insider John Bicket sold 263,900 shares of the company’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $34.40, for a total value of $9,078,160.00. Following the sale, the insider owned 89,400 shares in the company, valued at approximately $3,075,360. This represents a 74.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Sanjit Biswas sold 263,900 shares of the stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $34.40, for a total transaction of $9,078,160.00. Following the transaction, the insider directly owned 89,400 shares in the company, valued at $3,075,360. The trade was a 74.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 2,497,302 shares of company stock valued at $75,934,200. 46.49% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on IOT. Wells Fargo & Company increased their price objective on shares of Samsara from $43.00 to $46.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. KeyCorp increased their price target on Samsara from $40.00 to $41.00 and gave the company an “overweight” rating in a report on Friday, March 6th. JPMorgan Chase & Co. boosted their price objective on Samsara from $46.00 to $48.00 and gave the stock a “neutral” rating in a research note on Friday, December 5th. The Goldman Sachs Group set a $45.00 target price on Samsara in a research note on Monday, March 2nd. Finally, Zacks Research raised Samsara from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 13th. 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 issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $46.18.

Samsara Stock Performance

NYSE:IOT opened at $29.78 on Friday. The stock has a market cap of $17.29 billion, a price-to-earnings ratio of -1,488.01, a price-to-earnings-growth ratio of 11.69 and a beta of 1.60. Samsara Inc. has a one year low of $23.38 and a one year high of $48.40. The business’s 50-day simple moving average is $29.72 and its 200 day simple moving average is $35.20.

Samsara (NYSE:IOT) last posted its quarterly earnings data on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.05. The company had revenue of $444.30 million for the quarter, compared to the consensus estimate of $422.29 million. Samsara had a negative return on equity of 0.72% and a negative net margin of 0.56%.Samsara’s revenue for the quarter was up 28.3% 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 Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. On average, equities research analysts predict that Samsara Inc. will post -0.3 EPS for the current year.

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.