Adams Street Partners LLC Sells 407,677 Shares of Samsara Inc. $IOT

Adams Street Partners LLC reduced its position in Samsara Inc. (NYSE:IOT) by 73.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 145,408 shares of the company’s stock after selling 407,677 shares during the period. Samsara makes up 3.5% of Adams Street Partners LLC’s investment portfolio, making the stock its 4th largest holding. Adams Street Partners LLC’s holdings in Samsara were worth $5,416,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Versant Capital Management Inc raised its holdings in Samsara by 6,078.6% during the third quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock worth $32,000 after buying an additional 851 shares during the last quarter. Optiver Holding B.V. grew its holdings in shares of Samsara by 953.2% during the third quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock valued at $44,000 after buying an additional 1,058 shares during the last quarter. Allworth Financial LP increased its position in shares of Samsara by 906.9% during the second quarter. Allworth Financial LP now owns 1,168 shares of the company’s stock worth $46,000 after acquiring an additional 1,052 shares in the last quarter. Family Legacy Financial Solutions LLC increased its position in shares of Samsara by 100.0% during the third quarter. Family Legacy Financial Solutions LLC now owns 2,000 shares of the company’s stock worth $74,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its holdings in shares of Samsara by 73.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 2,216 shares of the company’s stock worth $84,000 after acquiring an additional 939 shares during the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Insider Buying and Selling at Samsara

In other Samsara news, insider John Bicket sold 263,900 shares of the company’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $34.40, for a total value of $9,078,160.00. Following the completion of the transaction, the insider owned 89,400 shares in the company, valued at $3,075,360. This represents a 74.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Sanjit Biswas sold 263,900 shares of Samsara stock in a transaction on Tuesday, January 6th. The stock was 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 $3,075,360. The trade was a 74.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 2,903,585 shares of company stock worth $91,712,463. Insiders own 46.49% of the company’s stock.

Samsara Stock Down 0.5%

Samsara stock opened at $31.70 on Friday. Samsara Inc. has a 52 week low of $23.38 and a 52 week high of $48.40. The company’s 50 day moving average price is $30.08 and its two-hundred day moving average price is $35.52. The stock has a market cap of $18.29 billion, a P/E ratio of -1,583.96 and a beta of 1.60.

Samsara (NYSE:IOT) last released its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.05. The company had revenue of $444.30 million during the quarter, compared to analyst estimates of $422.29 million. Samsara had a negative return on equity of 0.75% and a negative net margin of 0.56%.Samsara’s quarterly revenue was up 28.3% on a year-over-year basis. During the same period in the prior year, the company posted $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. On average, equities analysts anticipate that Samsara Inc. will post -0.3 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on IOT. Truist Financial dropped their price target on shares of Samsara from $39.00 to $30.00 and set a “hold” rating on the stock in a research report on Tuesday, February 17th. Bank of America boosted their price objective on Samsara from $53.00 to $55.00 and gave the stock a “buy” rating in a report on Friday, December 5th. KeyCorp raised their target price on Samsara from $40.00 to $41.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Evercore reaffirmed an “outperform” rating on shares of Samsara in a research report on Friday, March 6th. Finally, BTIG Research decreased their price target on Samsara from $55.00 to $45.00 and set a “buy” rating for the company in a report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $46.18.

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.