First Bank & Trust Buys 27,420 Shares of Samsara Inc. $IOT

First Bank & Trust grew its stake in shares of Samsara Inc. (NYSE:IOT) by 210.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 40,446 shares of the company’s stock after acquiring an additional 27,420 shares during the quarter. First Bank & Trust’s holdings in Samsara were worth $1,434,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Lazard Asset Management LLC raised its holdings in shares of Samsara by 2.0% during the third quarter. Lazard Asset Management LLC now owns 13,971 shares of the company’s stock valued at $520,000 after purchasing an additional 279 shares during the last quarter. KLP Kapitalforvaltning AS boosted its holdings in Samsara by 0.3% in the third quarter. KLP Kapitalforvaltning AS now owns 113,900 shares of the company’s stock worth $4,243,000 after purchasing an additional 300 shares during the last quarter. Jefferies Financial Group Inc. grew its position in Samsara by 1.6% in the 3rd quarter. Jefferies Financial Group Inc. now owns 20,995 shares of the company’s stock worth $782,000 after purchasing an additional 322 shares during the period. Cim LLC grew its position in Samsara by 1.0% in the 3rd quarter. Cim LLC now owns 32,700 shares of the company’s stock worth $1,218,000 after purchasing an additional 326 shares during the period. Finally, Empowered Funds LLC raised its stake in Samsara by 3.4% during the 1st quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after buying an additional 335 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Samsara news, insider John Bicket sold 263,900 shares of Samsara stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $25.87, for a total value of $6,827,093.00. Following the sale, the insider owned 57,600 shares of the company’s stock, valued at $1,490,112. The trade was a 82.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Sanjit Biswas sold 263,900 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $25.87, for a total transaction of $6,827,093.00. Following the sale, the insider directly owned 57,600 shares in the company, valued at approximately $1,490,112. The trade was a 82.08% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 2,507,302 shares of company stock worth $76,300,300 in the last 90 days. 46.49% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on IOT. Truist Financial lowered their price target on Samsara from $39.00 to $30.00 and set a “hold” rating on the stock in a report on Tuesday, February 17th. Royal Bank Of Canada upped their price objective on Samsara from $35.00 to $41.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. Bank of America increased their target price on Samsara from $53.00 to $55.00 and gave the company a “buy” rating in a report on Friday, December 5th. Jefferies Financial Group set a $57.00 target price on Samsara in a research report on Wednesday, December 10th. Finally, KeyCorp upped their price target on shares of Samsara from $40.00 to $41.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Samsara currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.18.

Samsara Trading Down 0.8%

Shares of IOT opened at $31.84 on Thursday. The business’s 50 day moving average is $29.87 and its 200 day moving average is $35.31. Samsara Inc. has a 12-month low of $23.38 and a 12-month high of $48.40. The company has a market capitalization of $18.49 billion, a PE ratio of -1,591.15, a price-to-earnings-growth ratio of 11.77 and a beta of 1.60.

Samsara (NYSE:IOT) last posted 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. Samsara had a negative return on equity of 0.72% and a negative net margin of 0.56%.The business had revenue of $444.30 million during the quarter, compared to the consensus estimate of $422.29 million. During the same period in the prior year, the company posted $0.11 EPS. The firm’s revenue for the quarter 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. Equities research analysts predict that Samsara Inc. will post -0.3 earnings per share for the current year.

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.