Aquatic Capital Management LLC Invests $13.22 Million in Samsara Inc. $IOT

Key Points

• Aquatic Capital Management purchased a new stake of 354,814 Samsara shares worth about $13.22 million during Q3, representing roughly 0.06% of the company.
• Significant insider selling occurred: Sanjit Biswas and John Bicket each sold 263,900 shares at $34.40 on Jan. 6, and insiders sold 2,903,585 shares worth $91.71 million over the last quarter, though insiders still own 46.49% of the company.
• Samsara beat Q4 estimates with $0.18 EPS (vs. $0.13 expected) and $444.3M revenue (vs. $422.3M expected), issued FY2027 guidance of $0.65–0.69 EPS, and carries an average analyst rating of Moderate Buy with a $46.18 target.

Aquatic Capital Management LLC purchased a new stake in shares of Samsara Inc. (NYSE:IOT - Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 354,814 shares of the company's stock, valued at approximately $13,217,000. Aquatic Capital Management LLC owned approximately 0.06% of Samsara at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of IOT. Vanguard Group Inc. grew its stake in Samsara by 6.9% in the 3rd quarter. Vanguard Group Inc. now owns 29,716,700 shares of the company's stock valued at $1,106,947,000 after buying an additional 1,913,474 shares in the last quarter. Sands Capital Management LLC lifted its position in shares of Samsara by 6.4% during the third quarter. Sands Capital Management LLC now owns 20,518,332 shares of the company's stock worth $764,308,000 after acquiring an additional 1,242,122 shares in the last quarter. State Street Corp boosted its holdings in shares of Samsara by 107.8% in the second quarter. State Street Corp now owns 5,611,956 shares of the company's stock worth $223,244,000 after acquiring an additional 2,910,916 shares during the period. Geode Capital Management LLC grew its position in shares of Samsara by 65.6% in the second quarter. Geode Capital Management LLC now owns 4,877,254 shares of the company's stock valued at $193,387,000 after purchasing an additional 1,931,870 shares in the last quarter. Finally, Artisan Partners Limited Partnership raised its stake in shares of Samsara by 74.8% during the 2nd quarter. Artisan Partners Limited Partnership now owns 3,964,300 shares of the company's stock valued at $157,700,000 after purchasing an additional 1,696,341 shares during the period. 96.02% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have commented on IOT shares. Bank of America raised their target price on Samsara from $53.00 to $55.00 and gave the stock a "buy" rating in a research note on Friday, December 5th. Jefferies Financial Group set a $57.00 price target on Samsara in a research report on Wednesday, December 10th. Truist Financial lowered their price target on shares of Samsara from $39.00 to $30.00 and set a "hold" rating on the stock in a report on Tuesday, February 17th. UBS Group restated a "buy" rating and issued a $48.00 price objective on shares of Samsara in a research report on Friday, March 6th. Finally, Royal Bank Of Canada boosted their price objective on shares of Samsara from $35.00 to $41.00 and gave the company an "outperform" rating in a research note on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Samsara currently has an average rating of "Moderate Buy" and an average target price of $46.18.

Insider Transactions at Samsara

In other news, insider Sanjit Biswas sold 263,900 shares of the stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $34.40, for a total transaction of $9,078,160.00. Following the transaction, the insider directly owned 89,400 shares in the company, valued at approximately $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 can be accessed through this link. Also, insider John Bicket sold 263,900 shares of the firm's stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $34.40, for a total value of $9,078,160.00. Following the transaction, the insider directly owned 89,400 shares in the company, valued at approximately $3,075,360. This represents a 74.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,903,585 shares of company stock valued at $91,712,463 over the last quarter. Company insiders own 46.49% of the company's stock.

Samsara Price Performance

Shares of NYSE:IOT opened at $31.70 on Friday. The company's fifty day moving average price is $30.08 and its 200-day moving average price is $35.52. The firm has a market capitalization of $18.29 billion, a price-to-earnings ratio of -1,583.96 and a beta of 1.60. Samsara Inc. has a one year low of $23.38 and a one year high of $48.40.

Samsara (NYSE:IOT - Get Free Report) last posted its quarterly earnings data on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.13 by $0.05. The company had revenue of $444.30 million during the quarter, compared to the consensus estimate of $422.29 million. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.75%. The firm's revenue was up 28.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.11 EPS. 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, equities research analysts expect that Samsara Inc. will post -0.3 EPS for the current year.

Samsara Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.