NewEdge Advisors LLC Sells 28,685 Shares of Samsara Inc. $IOT

Key Points

• NewEdge Advisors cut its Samsara stake by 65.5% in the first quarter, selling 28,685 shares and retaining 15,084 shares valued at approximately $478,000. Institutional investors and hedge funds still own 96.02% of Samsara.
• Samsara reported stronger-than-expected quarterly results, with revenue up 30.5% year over year to $478.84 million and EPS of $0.17 versus the $0.13 analyst consensus. The company guided to fiscal-year EPS of $0.70–$0.72.
• Analysts remain broadly positive, assigning Samsara a “Moderate Buy” consensus rating and an average price target of $46.39, though valuation concerns remain. Insiders have sold nearly 5 million shares worth about $175.1 million over the past 90 days.

NewEdge Advisors LLC lessened its position in Samsara Inc. (NYSE:IOT - Free Report) by 65.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 15,084 shares of the company's stock after selling 28,685 shares during the quarter. NewEdge Advisors LLC's holdings in Samsara were worth $478,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC bought a new stake in Samsara during the fourth quarter worth about $13,464,000. Royal Bank of Canada increased its holdings in Samsara by 100.3% during the first quarter. Royal Bank of Canada now owns 96,142 shares of the company's stock worth $3,686,000 after buying an additional 48,135 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in Samsara by 2,444.6% during the first quarter. Jones Financial Companies Lllp now owns 17,787 shares of the company's stock worth $682,000 after buying an additional 17,088 shares during the last quarter. Empowered Funds LLC raised its position in Samsara by 3.4% during the first quarter. Empowered Funds LLC now owns 10,168 shares of the company's stock worth $390,000 after acquiring an additional 335 shares in the last quarter. Finally, Marshall Wace LLP raised its position in Samsara by 142.4% during the second quarter. Marshall Wace LLP now owns 68,860 shares of the company's stock worth $2,739,000 after acquiring an additional 40,450 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Samsara Stock Up 2.5%

NYSE IOT opened at $39.95 on Friday. The firm has a 50-day moving average price of $36.10 and a two-hundred day moving average price of $32.27. Samsara Inc. has a 12-month low of $23.38 and a 12-month high of $47.47. The company has a market capitalization of $23.28 billion, a P/E ratio of 399.54, a P/E/G ratio of 8.97 and a beta of 1.34.

Samsara (NYSE:IOT - Get Free Report) last posted its quarterly earnings data on Thursday, June 4th. The company reported $0.17 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.04. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The firm had revenue of $478.84 million for the quarter, compared to analyst estimates of $455.21 million. During the same quarter last year, the company earned $0.11 EPS. The company's revenue was up 30.5% on a year-over-year basis. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. Equities analysts expect that Samsara Inc. will post 0.15 EPS for the current year.

Insider Buying and Selling at Samsara

In related news, insider John Bicket sold 245,925 shares of the firm's stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $36.77, for a total transaction of $9,042,662.25. Following the sale, the insider owned 94,000 shares of the company's stock, valued at $3,456,380. This trade represents a 72.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Marc L. Andreessen sold 613,660 shares of the business's stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $32.27, for a total value of $19,802,808.20. Following the sale, the director owned 2,256,487 shares in the company, valued at approximately $72,816,835.49. This trade represents a 21.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 4,999,094 shares of company stock worth $175,112,878 over the last 90 days. Insiders own 35.13% of the company's stock.

Key Headlines Impacting Samsara

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Samsara’s latest quarterly results exceeded expectations: revenue rose 30.5% year over year to $478.84 million versus the $455.21 million consensus, while EPS of $0.17 topped estimates of $0.13. Fiscal-year EPS guidance of $0.70 to $0.72 adds support to the company’s growth outlook. Samsara Shows What Happens When Fundamentals Beat Fear
• Positive Sentiment: The company launched its Fuel Command Center, designed to help fleet operators monitor fuel usage, reduce operating costs and manage exposure to fuel-price volatility. The product could strengthen Samsara’s value proposition and encourage additional customer adoption. Samsara Launches Fuel Command Center
• Neutral Sentiment: Wall Street remains broadly constructive, with a “Moderate Buy” consensus rating and an average price target of $46.39. However, analyst targets and ratings vary, including a neutral $40 target, highlighting concerns about valuation and the pace of future growth. Samsara Analyst Outlook
• Negative Sentiment: CEO Sanjit Biswas and insider John Bicket each sold 263,900 shares—approximately $10.5 million apiece—between August 18 and 20. The sales materially reduced their direct holdings and may pressure sentiment, particularly with IOT trading at a very high earnings multiple. Because the transactions occurred under pre-arranged Rule 10b5-1 plans, they do not necessarily signal deteriorating confidence in Samsara’s business. SEC Insider Trading Filing

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on IOT shares. TD Cowen raised their target price on shares of Samsara from $45.00 to $48.00 and gave the company a "buy" rating in a research note on Thursday. Guggenheim initiated coverage on Samsara in a research report on Wednesday, July 22nd. They set a "buy" rating and a $45.00 price target on the stock. Wolfe Research restated an "outperform" rating on shares of Samsara in a research note on Thursday, June 11th. Truist Financial raised their price objective on Samsara from $30.00 to $38.00 and gave the company a "hold" rating in a research report on Wednesday. Finally, Piper Sandler downgraded Samsara from an "overweight" rating to a "neutral" rating and set a $40.00 target price for the company. in a research note on Sunday, August 9th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, Samsara currently has an average rating of "Moderate Buy" and a consensus price target of $46.39.

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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