Samsara Inc. $IOT Stock Holdings Reduced by Hamilton Lane Advisors LLC

Hamilton Lane Advisors LLC trimmed its position in shares of Samsara Inc. (NYSE:IOT) by 17.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 167,153 shares of the company’s stock after selling 35,359 shares during the period. Samsara accounts for approximately 3.6% of Hamilton Lane Advisors LLC’s portfolio, making the stock its 7th largest holding. Hamilton Lane Advisors LLC’s holdings in Samsara were worth $6,226,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in IOT. Brighton Jones LLC bought a new position in shares of Samsara during the 4th quarter worth $13,464,000. National Bank of Canada FI lifted its holdings in Samsara by 184.1% during the first quarter. National Bank of Canada FI now owns 2,929 shares of the company’s stock valued at $114,000 after purchasing an additional 1,898 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in Samsara by 407.7% during the first quarter. Russell Investments Group Ltd. now owns 271,327 shares of the company’s stock valued at $10,400,000 after purchasing an additional 217,884 shares during the last quarter. State of New Jersey Common Pension Fund D boosted its position in Samsara by 8.9% during the first quarter. State of New Jersey Common Pension Fund D now owns 88,575 shares of the company’s stock worth $3,395,000 after purchasing an additional 7,241 shares during the period. Finally, Raymond James Financial Inc. increased its stake in shares of Samsara by 54.5% in the first quarter. Raymond James Financial Inc. now owns 93,169 shares of the company’s stock worth $3,571,000 after purchasing an additional 32,883 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on IOT. Cowen restated a “buy” rating on shares of Samsara in a research note on Friday, December 5th. Evercore ISI set a $50.00 target price on shares of Samsara and gave the company an “outperform” rating in a report on Wednesday, October 1st. KeyCorp assumed coverage on Samsara in a research report on Tuesday, December 9th. They set an “overweight” rating and a $55.00 target price on the stock. Royal Bank Of Canada raised their price target on Samsara from $46.00 to $50.00 and gave the stock an “outperform” rating in a report on Friday, December 5th. Finally, JPMorgan Chase & Co. lifted their price target on Samsara from $46.00 to $48.00 and gave the company a “neutral” rating in a research report on Friday, December 5th. Eleven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Samsara has an average rating of “Moderate Buy” and a consensus target price of $51.53.

Insider Transactions at Samsara

In other news, insider John Bicket sold 24,162 shares of Samsara stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $38.15, for a total transaction of $921,780.30. Following the completion of the sale, the insider owned 218,173 shares in the company, valued at approximately $8,323,299.95. This trade represents a 9.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Benjamin Louis Kirchhoff sold 1,609 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $44.44, for a total transaction of $71,503.96. Following the completion of the transaction, the chief accounting officer owned 98,976 shares in the company, valued at approximately $4,398,493.44. This trade represents a 1.60% 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 2,141,240 shares of company stock worth $82,145,296. 46.49% of the stock is owned by insiders.

Samsara Price Performance

NYSE IOT opened at $38.95 on Wednesday. The company’s 50 day simple moving average is $38.99 and its two-hundred day simple moving average is $38.52. Samsara Inc. has a 1 year low of $31.40 and a 1 year high of $61.90. The stock has a market capitalization of $22.34 billion, a PE ratio of -486.88 and a beta of 1.61.

Samsara (NYSE:IOT) last released its quarterly earnings results on Thursday, December 4th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.11). The firm had revenue of $415.98 million during the quarter, compared to the consensus estimate of $398.92 million. Samsara had a negative return on equity of 3.49% and a negative net margin of 2.79%.The company’s revenue for the quarter was up 29.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.07 EPS. Samsara has set its FY 2026 guidance at 0.500-0.500 EPS and its Q4 2026 guidance at 0.120-0.130 EPS. On average, research analysts anticipate that Samsara Inc. will post -0.3 EPS for the current year.

Samsara Profile

Samsara Inc provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.