Teachers Retirement System of The State of Kentucky Has $9.98 Million Stock Position in Samsara Inc. $IOT

Key Points

• Teachers Retirement System of Kentucky increased its stake in Samsara by 22.9% to 281,544 shares, a position worth $9.98 million at the end of the quarter.
• Samsara beat expectations for the most recent quarter with $0.18 EPS vs. $0.13 expected and $444.3M revenue (up 28.3% YoY), and set FY2027 guidance of $0.65–$0.69 EPS while analysts have a consensus "Moderate Buy" with an average target of $46.18.
• Insider selling has been significant—executives sold 2,168,992 shares worth $59.7M over the last 90 days—while institutional ownership remains very high at about 96.02% and insiders still own roughly 46.49% of the stock.

Teachers Retirement System of The State of Kentucky increased its position in shares of Samsara Inc. (NYSE:IOT - Free Report) by 22.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 281,544 shares of the company's stock after buying an additional 52,500 shares during the quarter. Teachers Retirement System of The State of Kentucky's holdings in Samsara were worth $9,981,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in IOT. Brighton Jones LLC acquired a new position in Samsara during the 4th quarter worth approximately $13,464,000. Royal Bank of Canada raised its stake in Samsara by 100.3% during the 1st 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 period. Jones Financial Companies Lllp raised its stake in Samsara by 2,444.6% during the 1st 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 period. Empowered Funds LLC raised its stake in Samsara by 3.4% during the 1st 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. Finally, Marshall Wace LLP raised its stake in Samsara by 142.4% during the 2nd quarter. Marshall Wace LLP now owns 68,860 shares of the company's stock worth $2,739,000 after buying an additional 40,450 shares during the period. 96.02% of the stock is owned by institutional investors and hedge funds.

Samsara Price Performance

NYSE:IOT opened at $29.95 on Monday. The company has a market cap of $17.39 billion, a P/E ratio of -1,496.50, a P/E/G ratio of 10.99 and a beta of 1.50. The stock's fifty day moving average price is $30.17 and its two-hundred day moving average price is $33.90. Samsara Inc. has a 1 year low of $23.38 and a 1 year high of $48.40.

Samsara (NYSE:IOT - Get Free Report) last posted its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $444.30 million for the quarter, compared to the consensus estimate of $422.29 million. During the same quarter in the prior year, the business posted $0.11 earnings per share. The business'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, analysts expect that Samsara Inc. will post 0.06 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Sanjit Biswas sold 96,562 shares of the stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $27.98, for a total value of $2,701,804.76. Following the sale, the insider owned 158,200 shares in the company, valued at approximately $4,426,436. This trade represents a 37.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Benjamin Louis Kirchhoff sold 2,480 shares of the stock in a transaction on Monday, April 13th. The stock was sold at an average price of $26.02, for a total value of $64,529.60. Following the completion of the sale, the chief accounting officer owned 114,258 shares in the company, valued at $2,972,993.16. This trade represents a 2.12% 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 have sold 2,168,992 shares of company stock worth $59,691,733. 46.49% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Zacks Research raised Samsara from a "hold" rating to a "strong-buy" rating in a report on Friday, March 13th. KeyCorp boosted their price objective on Samsara from $40.00 to $41.00 and gave the stock an "overweight" rating in a report on Friday, March 6th. Truist Financial decreased their price objective on Samsara from $39.00 to $30.00 and set a "hold" rating for the company in a report on Tuesday, February 17th. BMO Capital Markets boosted their price objective on Samsara from $40.00 to $44.00 and gave the stock an "outperform" rating in a report on Friday, March 6th. Finally, The Goldman Sachs Group set a $45.00 price objective on Samsara in a report on Monday, March 2nd. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Samsara presently has a consensus rating of "Moderate Buy" and an average target price of $46.18.

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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