Goldman Sachs Group Inc. increased its stake in Samsara Inc. (NYSE:IOT – Free Report) by 58.9% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 11,878,112 shares of the company’s stock after buying an additional 4,401,082 shares during the quarter. Goldman Sachs Group Inc.’s holdings in Samsara were worth $421,079,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Optiver Holding B.V. raised its stake in Samsara by 953.2% in the 3rd quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock valued at $44,000 after acquiring an additional 1,058 shares during the period. IFP Advisors Inc raised its stake in Samsara by 194.4% in the 3rd quarter. IFP Advisors Inc now owns 1,254 shares of the company’s stock valued at $47,000 after acquiring an additional 828 shares during the period. Leonteq Securities AG bought a new stake in Samsara in the 4th quarter valued at about $76,000. Jones Financial Companies Lllp raised its stake in Samsara by 73.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 2,216 shares of the company’s stock valued at $84,000 after acquiring an additional 939 shares during the period. Finally, Quarry LP raised its stake in Samsara by 95.1% in the 3rd quarter. Quarry LP now owns 2,528 shares of the company’s stock valued at $94,000 after acquiring an additional 1,232 shares during the period. 96.02% of the stock is owned by hedge funds and other institutional investors.
Samsara Stock Down 2.9%
Shares of IOT opened at $35.29 on Friday. The business’s 50-day moving average price is $30.59 and its 200-day moving average price is $32.44. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $48.40. The stock has a market cap of $20.49 billion, a PE ratio of -1,763.47, a P/E/G ratio of 10.81 and a beta of 1.34.
More Samsara News
Here are the key news stories impacting Samsara this week:
- Positive Sentiment: Samsara beat Q1 fiscal 2027 expectations, reporting EPS of $0.17 versus $0.13 consensus and revenue of $478.8 million versus $455.2 million expected, signaling solid demand for its connected operations platform. Earnings transcript and report
- Positive Sentiment: The company said it is approaching $2 billion in annual recurring revenue and posted 30% growth, suggesting Samsara is still expanding efficiently at scale and benefiting from enterprise adoption and “Operational AI” momentum. ARR growth article
- Positive Sentiment: Management’s guidance was above Wall Street estimates, including Q2 EPS guidance of $0.15-$0.16 and revenue guidance of $482 million-$484 million, while FY2027 EPS guidance of $0.70-$0.72 topped expectations, reinforcing confidence in continued growth.
- Neutral Sentiment: Analysts had already been bracing for the quarterly report, and a pre-earnings pullback suggests some of the positive results may already have been priced in ahead of the announcement. Pre-earnings analysis
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on the company. The Goldman Sachs Group set a $45.00 price objective on Samsara in a research note on Monday, March 2nd. Royal Bank Of Canada boosted their price objective on Samsara from $35.00 to $41.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. BMO Capital Markets boosted their price objective on Samsara from $40.00 to $44.00 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 objective (up from $37.00) on shares of Samsara in a research note on Friday, March 6th. Finally, UBS Group restated a “buy” rating and issued a $48.00 price objective on shares of Samsara in a research note on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $46.18.
View Our Latest Research Report on IOT
Insider Buying and Selling
In other news, CAO Benjamin Louis Kirchhoff sold 2,554 shares of the company’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $27.47, for a total transaction of $70,158.38. Following the sale, the chief accounting officer directly owned 111,704 shares in the company, valued at $3,068,508.88. This represents a 2.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Adam Eltoukhy sold 5,473 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $30.21, for a total value of $165,339.33. Following the sale, the insider owned 468,305 shares in the company, valued at approximately $14,147,494.05. This represents a 1.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 2,700,139 shares of company stock valued at $79,212,871. Corporate insiders own 35.13% of the company’s stock.
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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