Strs Ohio Trims Position in Samsara Inc. $IOT

Key Points

• Strs Ohio trimmed its stake by 65.6% in Samsara in Q4, selling 193,624 shares and ending with 101,500 shares valued at $3.598 million.
• Company insiders—including John Bicket and Sanjit Biswas—each sold 263,900 shares on Feb 17 at $25.87; insiders have sold 2,188,539 shares in the last 90 days (worth $62.32M) but still own 46.49% of the company.
• Samsara beat quarterly estimates (EPS $0.18 vs $0.13; revenue $444.3M, up 28.3%) and carries a MarketBeat consensus rating of "Moderate Buy" with a $46.18 target price.

Strs Ohio trimmed its stake in Samsara Inc. (NYSE:IOT - Free Report) by 65.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 101,500 shares of the company's stock after selling 193,624 shares during the period. Strs Ohio's holdings in Samsara were worth $3,598,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in IOT. Versant Capital Management Inc boosted its holdings in shares of Samsara by 6,078.6% in the third quarter. Versant Capital Management Inc now owns 865 shares of the company's stock valued at $32,000 after purchasing an additional 851 shares during the period. Optiver Holding B.V. raised its position in Samsara by 953.2% during the 3rd quarter. Optiver Holding B.V. now owns 1,169 shares of the company's stock valued at $44,000 after purchasing an additional 1,058 shares in the last quarter. IFP Advisors Inc raised its position in Samsara by 194.4% during the 3rd quarter. IFP Advisors Inc now owns 1,254 shares of the company's stock valued at $47,000 after purchasing an additional 828 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of Samsara by 73.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 2,216 shares of the company's stock worth $84,000 after buying an additional 939 shares during the period. Finally, Quarry LP grew its position in shares of Samsara by 95.1% during the 3rd quarter. Quarry LP now owns 2,528 shares of the company's stock worth $94,000 after buying an additional 1,232 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently commented on IOT. Weiss Ratings restated a "sell (d-)" rating on shares of Samsara in a research note on Thursday, January 22nd. BNP Paribas Exane upgraded Samsara from a "neutral" rating to an "outperform" rating and set a $40.00 target price on the stock in a research note on Thursday, January 15th. BMO Capital Markets boosted their price objective on shares of Samsara from $40.00 to $44.00 and gave the stock an "outperform" rating in a research note on Friday, March 6th. UBS Group reissued a "buy" rating and set a $48.00 target price on shares of Samsara in a research report 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 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 given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Samsara currently has an average rating of "Moderate Buy" and a consensus target price of $46.18.

Insider Activity at Samsara

In other news, insider John Bicket sold 263,900 shares of Samsara 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 sale, the insider directly owned 57,600 shares of the company's stock, valued at $1,490,112. The trade was a 82.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Sanjit Biswas sold 263,900 shares of the stock in a transaction on Tuesday, February 17th. The shares were 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 directly owned 57,600 shares of the company's stock, valued at approximately $1,490,112. This represents a 82.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 2,188,539 shares of company stock worth $62,320,764. Company insiders own 46.49% of the company's stock.

Samsara Stock Down 0.5%

IOT stock opened at $30.45 on Wednesday. Samsara Inc. has a 52 week low of $23.38 and a 52 week high of $48.40. The firm has a 50-day simple moving average of $30.44 and a 200-day simple moving average of $33.59. The stock has a market capitalization of $17.68 billion, a P/E ratio of -1,521.59, a P/E/G ratio of 11.22 and a beta of 1.29.

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

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