Assetmark Inc. Increases Holdings in Samsara Inc. $IOT

Assetmark Inc. lifted its holdings in Samsara Inc. (NYSE:IOT) by 148.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 47,121 shares of the company’s stock after acquiring an additional 28,156 shares during the period. Assetmark Inc.’s holdings in Samsara were worth $1,670,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Pinegrove Venture Partners LLC grew its position in Samsara by 46.0% in the 3rd quarter. Pinegrove Venture Partners LLC now owns 556,582 shares of the company’s stock valued at $20,733,000 after acquiring an additional 175,411 shares during the last quarter. Lazard Freres Gestion S.A.S. bought a new stake in shares of Samsara during the third quarter worth $2,235,000. Bessemer Group Inc. boosted its stake in shares of Samsara by 19.8% during the third 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 during the period. LBP AM SA boosted its stake in shares of Samsara by 13.9% during the third quarter. LBP AM SA now owns 313,987 shares of the company’s stock valued at $11,696,000 after purchasing an additional 38,235 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S grew its holdings in shares of Samsara by 227.0% in the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 65,122 shares of the company’s stock worth $2,426,000 after purchasing an additional 45,204 shares during the last quarter. 96.02% of the stock is owned by institutional investors.

Samsara Stock Up 0.6%

Shares of Samsara stock opened at $30.81 on Tuesday. The company has a 50 day moving average price of $29.91 and a 200 day moving average price of $34.15. The firm has a market capitalization of $17.89 billion, a P/E ratio of -1,539.58, a PEG ratio of 11.23 and a beta of 1.50. Samsara Inc. has a 52 week low of $23.38 and a 52 week high of $48.40.

Samsara (NYSE:IOT) last issued its quarterly earnings results on Thursday, March 5th. The company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.05. Samsara had a negative return on equity of 0.72% and a negative net margin of 0.56%.The company had revenue of $444.30 million during the quarter, compared to analysts’ expectations of $422.29 million. During the same quarter in the previous year, the firm posted $0.11 EPS. The firm’s revenue was up 28.3% compared to the same quarter last year. 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, research analysts anticipate that Samsara Inc. will post 0.06 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Samsara news, insider Sanjit Biswas sold 96,562 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $27.98, for a total value of $2,701,804.76. Following the sale, the insider directly owned 158,200 shares of the company’s stock, valued at approximately $4,426,436. This trade represents a 37.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Bicket sold 96,690 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $27.98, for a total value of $2,705,386.20. Following the sale, the insider owned 158,200 shares of the company’s stock, valued at approximately $4,426,436. This trade represents a 37.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 2,163,519 shares of company stock valued at $59,523,822 over the last quarter. Insiders own 46.49% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Truist Financial reduced their target price 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. Weiss Ratings reiterated a “sell (d-)” rating on shares of Samsara in a report on Thursday, January 22nd. BNP Paribas Exane upgraded Samsara from a “neutral” rating to an “outperform” rating and set a $40.00 price objective on the stock in a report on Thursday, January 15th. Wells Fargo & Company lifted their target price on Samsara from $43.00 to $46.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Finally, UBS Group reiterated a “buy” rating and issued a $48.00 target price on shares of Samsara in a report on Friday, March 6th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Samsara has a consensus rating of “Moderate Buy” and an average price target 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.