Allspring Global Investments Holdings LLC Decreases Position in Samsara Inc. $IOT

Allspring Global Investments Holdings LLC cut its stake in shares of Samsara Inc. (NYSE:IOT) by 4.1% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 1,089,261 shares of the company’s stock after selling 46,272 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.19% of Samsara worth $36,948,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Lazard Asset Management LLC boosted its stake in shares of Samsara by 2.0% in 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 period. KLP Kapitalforvaltning AS increased its stake in Samsara by 0.3% during the 3rd quarter. KLP Kapitalforvaltning AS now owns 113,900 shares of the company’s stock worth $4,243,000 after buying an additional 300 shares during the period. Jefferies Financial Group Inc. lifted its holdings 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 buying an additional 322 shares in the last quarter. Cim LLC boosted its position in Samsara by 1.0% in the 3rd quarter. Cim LLC now owns 32,700 shares of the company’s stock valued at $1,218,000 after buying an additional 326 shares during the last quarter. Finally, Empowered Funds LLC boosted its holdings in Samsara by 3.4% in the first quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after purchasing an additional 335 shares during the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Trending Headlines about Samsara

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Several Wall Street analysts see meaningful upside for IOT, with the mean analyst price target implying roughly 35% upside versus current levels — this raises bullish expectations for the shares and can support buying interest. Wall Street Analysts Believe Samsara Inc. (IOT) Could Rally 35%: Here’s is How to Trade
• Positive Sentiment: Options-market activity is flashing a bullish trading signal according to Schaeffer’s research — increased bullish options interest can amplify short-term momentum and attract directional traders. Samsara Stock Flashing Bullish Options Trading Signal
• Neutral Sentiment: Multiple insider sales were executed under pre-arranged Rule 10b5-1 plans; that procedural detail reduces the information value of the sales (they may be scheduled liquidity rather than a signal about business fundamentals). See SEC filings below for details. SEC Form 4 (10b5-1 disclosure)
• Negative Sentiment: John Bicket (insider) sold large blocks of IOT across March 31–April 2, totaling hundreds of thousands of shares (examples: ~137k @ $31.44, ~116k @ $31.80, and 10,009 @ $30.96). These sizable disposals reduced his direct holdings dramatically and could spook investors despite the 10b5-1 context. John Bicket Form 4
• Negative Sentiment: Co-founder Sanjit Biswas also sold large positions on March 31 and April 1–2 (examples: ~137k @ $31.44, ~116k @ $31.80, and ~10k @ $30.97), cutting his direct stake substantially; large founder sales can weigh on sentiment even when pre-planned. Sanjit Biswas Form 4

Samsara Stock Performance

IOT stock opened at $32.21 on Friday. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $48.40. The stock’s fifty day moving average is $29.63 and its two-hundred day moving average is $35.01. The stock has a market capitalization of $18.70 billion, a price-to-earnings ratio of -1,609.45, a PEG ratio of 11.68 and a beta of 1.50.

Samsara (NYSE:IOT) last posted its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.05. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. The firm had revenue of $444.30 million during the quarter, compared to analyst estimates of $422.29 million. During the same period in the previous year, the business posted $0.11 EPS. Samsara’s revenue was up 28.3% on a year-over-year basis. 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.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on IOT shares. Bank of America increased their price objective on shares of Samsara from $53.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, December 5th. BNP Paribas Exane raised Samsara from a “neutral” rating to an “outperform” rating and set a $40.00 price objective for the company in a report on Thursday, January 15th. Wells Fargo & Company upped their price objective on Samsara from $43.00 to $46.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. KeyCorp boosted 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. Finally, Jefferies Financial Group set a $57.00 price objective on Samsara in a research note on Wednesday, December 10th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Samsara presently has an average rating of “Moderate Buy” and an average target price of $46.18.

Insider Buying and Selling

In other Samsara news, insider Sanjit Biswas sold 263,900 shares of the business’s stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $32.43, for a total transaction of $8,558,277.00. Following the completion of the transaction, the insider owned 78,800 shares in the company, valued at approximately $2,555,484. The trade was a 77.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider John Bicket sold 263,900 shares of the stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $32.43, for a total value of $8,558,277.00. Following the completion of the transaction, the insider directly owned 78,800 shares of the company’s stock, valued at approximately $2,555,484. The trade was a 77.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,675,071 shares of company stock valued at $79,996,038 over the last three months. Corporate insiders own 46.49% of the company’s stock.

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.