Allen Operations LLC Has $2.34 Million Stock Holdings in Samsara Inc. $IOT

Key Points

• Allen Operations LLC increased its Samsara stake by 83.3% in the fourth quarter, buying 30,000 additional shares to reach 66,020 shares valued at about $2.34 million.
• Samsara shares were up 10.4% to $38.61, while the company reported quarterly EPS of $0.18 and revenue of $444.3 million, both above expectations, with revenue rising 28.3% year over year.
• Wall Street remains generally positive, with an average Moderate Buy rating and a consensus price target of $46.18, even as insider selling has continued in recent months.

Allen Operations LLC lifted its stake in shares of Samsara Inc. (NYSE:IOT - Free Report) by 83.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 66,020 shares of the company's stock after buying an additional 30,000 shares during the quarter. Samsara comprises about 0.3% of Allen Operations LLC's portfolio, making the stock its 27th largest holding. Allen Operations LLC's holdings in Samsara were worth $2,340,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of IOT. Optiver Holding B.V. boosted its holdings in Samsara by 953.2% in the 3rd quarter. Optiver Holding B.V. now owns 1,169 shares of the company's stock valued at $44,000 after purchasing an additional 1,058 shares during the period. IFP Advisors Inc raised its holdings in shares of Samsara by 194.4% during the 3rd quarter. IFP Advisors Inc now owns 1,254 shares of the company's stock worth $47,000 after buying an additional 828 shares in the last quarter. Leonteq Securities AG acquired a new position in shares of Samsara during the 4th quarter worth $76,000. Jones Financial Companies Lllp raised its holdings in shares of Samsara by 73.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 2,216 shares of the company's stock worth $84,000 after buying an additional 939 shares in the last quarter. Finally, Quarry LP raised its holdings in shares of Samsara by 95.1% during the 3rd quarter. Quarry LP now owns 2,528 shares of the company's stock worth $94,000 after buying an additional 1,232 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Samsara Stock Up 10.4%

Samsara stock opened at $38.61 on Tuesday. Samsara Inc. has a 12-month low of $23.38 and a 12-month high of $48.40. The firm's fifty day moving average is $30.38 and its 200 day moving average is $32.49. The company has a market capitalization of $22.42 billion, a PE ratio of -1,929.64, a PEG ratio of 10.41 and a beta of 1.34.

Samsara (NYSE:IOT - Get Free Report) last released 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 company had revenue of $444.30 million for the quarter, compared to the consensus estimate of $422.29 million. During the same quarter in the previous year, the company earned $0.11 EPS. Samsara's quarterly 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. Sell-side analysts expect that Samsara Inc. will post 0.08 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Truist Financial reduced their price target on shares of Samsara from $39.00 to $30.00 and set a "hold" rating on the stock in a research note on Tuesday, February 17th. TD Cowen restated a "buy" rating on shares of Samsara in a research note on Friday, May 22nd. BMO Capital Markets raised their price target on shares of Samsara from $40.00 to $44.00 and gave the company an "outperform" rating in a research note on Friday, March 6th. UBS Group reissued a "buy" rating and set a $48.00 target price on shares of Samsara in a report on Friday, March 6th. Finally, BTIG Research reduced their target price on shares of Samsara from $55.00 to $45.00 and set a "buy" rating on the stock in a report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Samsara has an average rating of "Moderate Buy" and an average target price of $46.18.

Insider Activity

In other Samsara news, insider Sanjit Biswas sold 31,081 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $31.21, for a total transaction of $970,038.01. Following the completion of the transaction, the insider owned 307,056 shares in the company, valued at $9,583,217.76. This trade represents a 9.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Benjamin Louis Kirchhoff sold 2,554 shares of the stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $27.47, for a total transaction of $70,158.38. Following the transaction, the chief accounting officer owned 111,704 shares of the company's stock, valued at $3,068,508.88. This represents a 2.24% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 2,717,947 shares of company stock worth $79,747,111. 35.13% of the stock is owned by insiders.

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.

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