Samsara Inc. $IOT Holdings Boosted by Jennison Associates LLC

Key Points

• Jennison Associates LLC increased its stake in Samsara by 11.3% to 993,356 shares (about $35.2M), and other large managers like Baillie Gifford and Vanguard also materially added positions — institutional ownership stands at roughly 96.02%.
• Company co‑founders executed planned 10b5‑1 insider sales (about 527,800 shares on April 28–30), and insiders have sold ~2.70M shares (~$75M) over the past 90 days, which could raise near‑term selling pressure and headline risk.
• Samsara recently beat EPS and revenue and set FY/Q guidance that sustains its growth narrative, supporting a consensus "Moderate Buy" view and an average price target near $46.18.

Jennison Associates LLC boosted its holdings in Samsara Inc. (NYSE:IOT - Free Report) by 11.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 993,356 shares of the company's stock after acquiring an additional 101,093 shares during the period. Jennison Associates LLC owned about 0.17% of Samsara worth $35,214,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Baillie Gifford & Co. lifted its holdings in Samsara by 15.0% in the fourth quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company's stock worth $1,689,565,000 after acquiring an additional 6,208,553 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Samsara by 11.5% in the fourth quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company's stock worth $1,174,620,000 after acquiring an additional 3,417,849 shares during the last quarter. Sands Capital Management LLC lifted its holdings in Samsara by 6.4% in 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 during the last quarter. State Street Corp lifted its holdings in 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 last quarter. Finally, Westfield Capital Management Co. LP lifted its holdings in Samsara by 7.1% in the third quarter. Westfield Capital Management Co. LP now owns 3,801,787 shares of the company's stock worth $141,617,000 after acquiring an additional 252,681 shares during the last quarter. Institutional investors own 96.02% of the company's stock.

Samsara News Summary

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Quarterly results and guidance supported fundamentals — Samsara beat EPS and revenue in its most recent report and set FY/FY‑quarter guidance that keeps the growth narrative intact. This underpins investor confidence in recurring‑revenue momentum. Samsara Shows What Happens When Fundamentals Beat Fear
• Positive Sentiment: TIME100 recognition in Manufacturing & Logistics — a branding/validation boost that can help enterprise sales cycles and market credibility for Samsara’s Connected Operations platform. Samsara Named to TIME100 Most Influential Companies List
• Positive Sentiment: New industry study highlights a large addressable problem — reported average equipment theft/loss costs (~$13.2M for large operations) that can drive demand for Samsara’s asset‑tracking and security offerings. That strengthens the revenue opportunity thesis. Samsara Study Reveals Equipment Theft and Loss Costs
• Neutral Sentiment: Short‑term market commentary flagged an intraday pullback in a prior session — mostly a sentiment/flow item rather than new fundamental news. Useful to monitor volatility but not a new catalyst. Samsara Inc. (IOT) Stock Sinks As Market Gains
• Neutral Sentiment: Customer wins / ecosystem traction (e.g., First Student coverage tied to the TIME100 list) support the narrative but are not an immediate earnings catalyst. First Student Named to TIME100 Most Influential Companies List
• Negative Sentiment: Large, pre‑arranged insider sales by co‑founders (Sanjit Biswas and John Bicket) — executed across April 28–30 via 10b5‑1 plans — have released roughly ~527,800 shares (~$15M+ proceeds at the trade prices shown) into the market. Multiple filings show steep reductions in their held lots; while planned, these sales increase float and can create near‑term selling pressure and headline risk. SEC filings: Form 4 (Bicket filing) and Form 4 (Biswas filing)

Insider Buying and Selling

In related news, insider John Bicket sold 72,816 shares of the firm's stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $28.49, for a total value of $2,074,527.84. Following the completion of the transaction, the insider owned 569,828 shares of the company's stock, valued at approximately $16,234,399.72. This trade represents a 11.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sanjit Biswas sold 72,958 shares of the firm's stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $28.49, for a total transaction of $2,078,573.42. Following the completion of the transaction, the insider directly owned 723,056 shares of the company's stock, valued at $20,599,865.44. This represents a 9.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 2,696,792 shares of company stock worth $75,036,169. Corporate insiders own 46.49% of the company's stock.

Samsara Stock Performance

Shares of NYSE:IOT opened at $30.53 on Friday. The stock has a market capitalization of $17.73 billion, a price-to-earnings ratio of -1,525.49, a PEG ratio of 10.54 and a beta of 1.29. Samsara Inc. has a 1-year low of $23.38 and a 1-year high of $48.40. The company has a 50 day moving average price of $30.36 and a 200 day moving average price of $33.70.

Samsara (NYSE:IOT - Get Free Report) last issued its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.05. The firm had revenue of $444.30 million during the quarter, compared to analysts' expectations of $422.29 million. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. The firm's revenue for the quarter was up 28.3% compared to the same quarter last year. During the same period last year, the firm posted $0.11 earnings per share. 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 expect that Samsara Inc. will post 0.06 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on IOT shares. Truist Financial cut their target price 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. The Goldman Sachs Group set a $45.00 price target on shares of Samsara in a research note on Monday, March 2nd. Royal Bank Of Canada raised their price target 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. Piper Sandler restated an "overweight" rating and issued a $39.00 price target (up from $37.00) on shares of Samsara in a research note on Friday, March 6th. Finally, BTIG Research dropped their price target on shares of Samsara from $55.00 to $45.00 and set a "buy" rating on the stock in a research note on Friday, March 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $46.18.

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.

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