California Public Employees Retirement System Sells 24,795 Shares of Samsara Inc. $IOT

Posted by Brenda Bartman on Jul 25th, 2026

California Public Employees Retirement System trimmed its position in shares of Samsara Inc. (NYSE:IOT – Free Report) by 5.9% during the first quarter, Holdings Channel.com reports. The firm owned 393,690 shares of the company’s stock after selling 24,795 shares during the period. California Public Employees Retirement System’s holdings in Samsara were worth $12,476,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of IOT. Assetmark Inc. increased its position in shares of Samsara by 11.4% during the first quarter. Assetmark Inc. now owns 52,514 shares of the company’s stock worth $1,664,000 after acquiring an additional 5,393 shares in the last quarter. Bessemer Group Inc. increased its holdings in Samsara by 3.3% during the 1st quarter. Bessemer Group Inc. now owns 1,675,509 shares of the company’s stock worth $53,097,000 after purchasing an additional 53,576 shares in the last quarter. Independent Financial Group LLC bought a new stake in Samsara during the 1st quarter worth approximately $242,000. Bank of New York Mellon Corp raised its stake in shares of Samsara by 0.9% in the first quarter. Bank of New York Mellon Corp now owns 1,109,005 shares of the company’s stock worth $35,144,000 after purchasing an additional 10,107 shares during the last quarter. Finally, Archer Investment Corp bought a new position in shares of Samsara in the first quarter valued at approximately $236,000. Institutional investors and hedge funds own 96.02% of the company’s stock.

Insider Buying and Selling at Samsara

In related news, insider John Bicket sold 17,975 shares of the company’s stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $35.11, for a total transaction of $631,102.25. Following the completion of the sale, the insider owned 1,758,795 shares in the company, valued at approximately $61,751,292.45. This represents a 1.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Benjamin Louis Kirchhoff sold 2,549 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $33.74, for a total value of $86,003.26. Following the completion of the transaction, the chief accounting officer directly owned 167,269 shares in the company, valued at approximately $5,643,656.06. This represents a 1.50% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 4,464,637 shares of company stock worth $144,511,167. 35.13% of the stock is owned by corporate insiders.

Samsara Stock Up 5.3%

Shares of IOT stock opened at $33.16 on Friday. The firm has a market capitalization of $19.32 billion, a price-to-earnings ratio of 331.58, a PEG ratio of 7.07 and a beta of 1.35. The stock has a fifty day moving average of $33.78 and a 200 day moving average of $31.43. Samsara Inc. has a 52 week low of $23.38 and a 52 week high of $47.47.

Samsara (NYSE:IOT – Get Free Report) last announced its quarterly earnings data on Thursday, June 4th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.13 by $0.04. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The business had revenue of $478.84 million during the quarter, compared to analyst estimates of $455.21 million. During the same quarter last year, the firm posted $0.11 earnings per share. The company’s revenue for the quarter was up 30.5% on a year-over-year basis. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. Equities research analysts anticipate that Samsara Inc. will post 0.15 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on IOT shares. Morgan Stanley set a $43.00 price objective on shares of Samsara in a report on Tuesday. Royal Bank Of Canada increased their price objective on shares of Samsara from $41.00 to $42.00 and gave the company an “outperform” rating in a research note on Friday, June 5th. Jefferies Financial Group raised shares of Samsara to a “buy” rating in a research report on Thursday, June 11th. Guggenheim began coverage on shares of Samsara in a report on Wednesday. They issued a “buy” rating and a $45.00 price target on the stock. Finally, Wolfe Research restated an “outperform” rating on shares of Samsara in a research note on Thursday, June 11th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $45.33.

Read Our Latest Report on Samsara

Samsara Profile

(Free Report)

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.