SG Americas Securities LLC Acquires 173,675 Shares of Samsara Inc. $IOT

SG Americas Securities LLC raised its holdings in shares of Samsara Inc. (NYSE:IOT) by 1,027.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 190,578 shares of the company’s stock after acquiring an additional 173,675 shares during the quarter. SG Americas Securities LLC’s holdings in Samsara were worth $6,756,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Assenagon Asset Management S.A. lifted its holdings in shares of Samsara by 4.5% during the fourth quarter. Assenagon Asset Management S.A. now owns 15,173 shares of the company’s stock valued at $538,000 after purchasing an additional 651 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Samsara by 1,514.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 295,461 shares of the company’s stock worth $10,329,000 after buying an additional 277,162 shares during the last quarter. Nordea Investment Management AB lifted its stake in Samsara by 18.8% during the 4th quarter. Nordea Investment Management AB now owns 2,467,232 shares of the company’s stock valued at $88,228,000 after acquiring an additional 389,751 shares during the period. Covea Finance lifted its stake in Samsara by 13.1% during the 4th quarter. Covea Finance now owns 91,600 shares of the company’s stock valued at $3,247,000 after acquiring an additional 10,600 shares during the period. Finally, Park Avenue Securities LLC boosted its holdings in shares of Samsara by 86.2% during the 4th quarter. Park Avenue Securities LLC now owns 33,179 shares of the company’s stock valued at $1,176,000 after acquiring an additional 15,362 shares during the last quarter. Institutional investors own 96.02% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Samsara in a research note on Thursday, January 22nd. Jefferies Financial Group set a $57.00 target price on shares of Samsara in a report on Wednesday, December 10th. BNP Paribas Exane raised shares of Samsara from a “neutral” rating to an “outperform” rating and set a $40.00 target price for the company in a research report on Thursday, January 15th. TD Cowen reiterated a “buy” rating on shares of Samsara in a research note on Monday, March 2nd. Finally, 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. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.18.

Samsara Trading Up 3.6%

IOT opened at $31.76 on Wednesday. The company’s 50 day moving average is $29.62 and its 200 day moving average is $35.05. The company has a market cap of $18.44 billion, a price-to-earnings ratio of -1,587.01, a PEG ratio of 11.24 and a beta of 1.60. Samsara Inc. has a 12-month low of $23.38 and a 12-month high of $48.40.

Samsara (NYSE:IOT) last released its quarterly earnings results on Thursday, March 5th. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.05. The business had revenue of $444.30 million for the quarter, compared to the consensus estimate of $422.29 million. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. The company’s quarterly revenue was up 28.3% on a year-over-year basis. During the same period last year, the firm earned $0.11 earnings per share. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. As a group, analysts predict that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Insider Transactions at Samsara

In related news, insider Dominic Phillips sold 17,808 shares of the firm’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $30.00, for a total value of $534,240.00. Following the transaction, the insider directly owned 573,114 shares of the company’s stock, valued at approximately $17,193,420. This trade represents a 3.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Adam Eltoukhy sold 5,473 shares of Samsara stock in a transaction on Friday, March 20th. The shares were sold at an average price of $33.31, for a total value of $182,305.63. Following the transaction, the insider owned 190,649 shares in the company, valued at $6,350,518.19. This trade represents a 2.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,165,619 shares of company stock worth $63,956,023 over the last three months. 46.49% of the stock is currently owned by insiders.

Samsara 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.