Sands Capital Management LLC Raises Holdings in Samsara Inc. $IOT

Key Points

• Sands Capital increased its stake in Samsara by 6.4% to 20,518,332 shares (adding 1,242,122 shares), representing about 3.58% of Samsara and making the position Samsara’s 20th largest holding and 2.1% of Sands’ portfolio (worth ~$764.3M).
• Company insiders sold a large block of stock recently — 2,903,585 shares worth $91.7M were sold in the last quarter (including 263,900 shares each by John Bicket and Sanjit Biswas), and insiders now directly own 46.49% of the stock per the filing.
• Samsara’s latest quarter beat estimates with $0.18 EPS (vs. $0.13 est.) and revenue of $444.3M (up 28.3% YoY), the company issued FY2027 guidance (0.650–0.690 EPS), and analysts show a consensus "Moderate Buy" with an average price target of $46.18.

Sands Capital Management LLC increased its stake in shares of Samsara Inc. (NYSE:IOT - Free Report) by 6.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,518,332 shares of the company's stock after acquiring an additional 1,242,122 shares during the quarter. Samsara makes up 2.1% of Sands Capital Management LLC's investment portfolio, making the stock its 20th largest position. Sands Capital Management LLC owned approximately 3.58% of Samsara worth $764,308,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. KLP Kapitalforvaltning AS lifted its position in Samsara by 0.3% in the third quarter. KLP Kapitalforvaltning AS now owns 113,900 shares of the company's stock valued at $4,243,000 after purchasing an additional 300 shares during the last quarter. Jefferies Financial Group Inc. increased its stake in shares of Samsara by 1.6% in the third quarter. Jefferies Financial Group Inc. now owns 20,995 shares of the company's stock worth $782,000 after buying an additional 322 shares during the period. Empowered Funds LLC increased its stake in shares of Samsara by 3.4% in the first quarter. Empowered Funds LLC now owns 10,168 shares of the company's stock worth $390,000 after buying an additional 335 shares during the period. Blue Trust Inc. raised its holdings in Samsara by 3.8% during the 3rd quarter. Blue Trust Inc. now owns 9,415 shares of the company's stock valued at $351,000 after buying an additional 346 shares during the last quarter. Finally, Vontobel Holding Ltd. raised its holdings in Samsara by 6.5% during the 3rd quarter. Vontobel Holding Ltd. now owns 5,724 shares of the company's stock valued at $213,000 after buying an additional 350 shares during the last quarter. 96.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Piper Sandler reissued an "overweight" rating and issued a $39.00 price target (up from $37.00) on shares of Samsara in a report on Friday, March 6th. The Goldman Sachs Group set a $45.00 price objective on shares of Samsara in a research note on Monday, March 2nd. TD Cowen reiterated a "buy" rating on shares of Samsara in a report on Monday, March 2nd. Truist Financial cut their target price on Samsara from $39.00 to $30.00 and set a "hold" rating on the stock in a research note on Tuesday, February 17th. Finally, KeyCorp boosted their price target on Samsara from $40.00 to $41.00 and gave the company an "overweight" rating in a report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $46.18.

Insider Activity

In other Samsara news, insider John Bicket sold 263,900 shares of Samsara stock in a transaction that occurred on 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 sale, the insider directly owned 89,400 shares of the company's stock, valued at approximately $3,075,360. The trade was a 74.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Sanjit Biswas sold 263,900 shares of the stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $34.40, for a total value of $9,078,160.00. Following the completion of the transaction, the insider directly owned 89,400 shares of the company's stock, valued at $3,075,360. This represents a 74.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,903,585 shares of company stock worth $91,712,463 in the last quarter. 46.49% of the stock is owned by corporate insiders.

Samsara Stock Down 3.9%

NYSE:IOT opened at $32.84 on Wednesday. The firm's fifty day simple moving average is $30.26 and its 200 day simple moving average is $35.57. The stock has a market cap of $18.95 billion, a P/E ratio of -1,641.03 and a beta of 1.60. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $48.40.

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 the consensus estimate of $0.13 by $0.05. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.75%. The business had revenue of $444.30 million during the quarter, compared to analyst estimates of $422.29 million. During the same period in the prior year, the business earned $0.11 EPS. The company's revenue for the quarter 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, analysts expect that Samsara Inc. will post -0.3 EPS for the current fiscal 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.

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