Hudson Bay Capital Management LP Makes New $5.04 Million Investment in Samsara Inc. $IOT

Key Points

• Hudson Bay Capital Management LP bought a new position of 135,379 shares of Samsara (NYSE:IOT) in Q3, valued at approximately $5.04 million.
• Company insiders sold a total of 2,506,517 shares worth about $76.3 million in the last quarter, leaving insiders with 46.49% ownership while institutional investors hold 96.02% of the stock.
• Samsara beat estimates with $0.18 EPS (vs. $0.13 expected) and $444.3 million revenue (up 28.3% YoY), set FY2027 guidance of 0.650–0.690 EPS, and carries an average analyst rating of "Moderate Buy" with a $46.18 price target.

Hudson Bay Capital Management LP purchased a new position in shares of Samsara Inc. (NYSE:IOT - Free Report) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 135,379 shares of the company's stock, valued at approximately $5,043,000.

A number of other institutional investors have also modified their holdings of IOT. Vanguard Group Inc. boosted its position in Samsara by 6.9% during the third quarter. Vanguard Group Inc. now owns 29,716,700 shares of the company's stock worth $1,106,947,000 after acquiring an additional 1,913,474 shares during the last quarter. Sands Capital Management LLC grew its stake in Samsara by 6.4% in the 3rd 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 during the period. State Street Corp raised its holdings in Samsara by 107.8% in the 2nd quarter. State Street Corp now owns 5,611,956 shares of the company's stock valued at $223,244,000 after acquiring an additional 2,910,916 shares during the last quarter. Westfield Capital Management Co. LP lifted its stake in shares of Samsara by 7.1% during the 3rd quarter. Westfield Capital Management Co. LP now owns 3,801,787 shares of the company's stock worth $141,617,000 after purchasing an additional 252,681 shares during the period. Finally, Norges Bank purchased a new position in shares of Samsara during the 2nd quarter worth $134,950,000. Institutional investors and hedge funds own 96.02% of the company's stock.

Insider Buying and Selling at Samsara

In related news, insider Adam Eltoukhy sold 4,688 shares of the business's stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $26.79, for a total transaction of $125,591.52. Following the transaction, the insider directly owned 246,675 shares of the company's stock, valued at approximately $6,608,423.25. The trade was a 1.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Sanjit Biswas sold 263,900 shares of the company's 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 completion of the transaction, the insider owned 57,600 shares of the company's stock, valued at approximately $1,490,112. This represents a 82.08% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 2,506,517 shares of company stock worth $76,297,638. Insiders own 46.49% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on IOT. Piper Sandler reaffirmed an "overweight" rating and issued a $39.00 price objective (up from $37.00) on shares of Samsara in a research report on Friday, March 6th. Jefferies Financial Group set a $57.00 price target on Samsara in a research note on Wednesday, December 10th. Bank of America lifted their price target on Samsara from $53.00 to $55.00 and gave the company a "buy" rating in a report on Friday, December 5th. BMO Capital Markets upped their price objective 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. Finally, BTIG Research cut their price objective 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. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $46.18.

Samsara Trading Down 1.5%

Shares of NYSE IOT opened at $33.14 on Friday. Samsara Inc. has a 12-month low of $23.38 and a 12-month high of $48.40. The company has a market cap of $19.12 billion, a P/E ratio of -1,656.37, a P/E/G ratio of 12.34 and a beta of 1.60. The stock has a fifty day moving average price of $29.95 and a 200 day moving average price of $35.42.

Samsara (NYSE:IOT - Get Free Report) last issued its quarterly earnings data 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 for the quarter, compared to analysts' expectations of $422.29 million. During the same quarter in the previous year, the firm posted $0.11 earnings per share. The firm's quarterly 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. On average, sell-side analysts forecast that Samsara Inc. will post -0.3 EPS for the current fiscal 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.

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