Samsara Inc. $IOT Shares Sold by Caden Capital Partners LP

Caden Capital Partners LP cut its position in Samsara Inc. (NYSE:IOT) by 53.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 150,000 shares of the company’s stock after selling 172,039 shares during the period. Samsara accounts for 2.3% of Caden Capital Partners LP’s investment portfolio, making the stock its 9th largest holding. Caden Capital Partners LP’s holdings in Samsara were worth $5,588,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Versant Capital Management Inc grew its stake in shares of Samsara by 6,078.6% during the third quarter. Versant Capital Management Inc now owns 865 shares of the company’s stock worth $32,000 after purchasing an additional 851 shares in the last quarter. Optiver Holding B.V. raised its stake in Samsara by 953.2% in the third quarter. Optiver Holding B.V. now owns 1,169 shares of the company’s stock valued at $44,000 after buying an additional 1,058 shares in the last quarter. Allworth Financial LP raised its stake in Samsara by 906.9% in the second quarter. Allworth Financial LP now owns 1,168 shares of the company’s stock valued at $46,000 after buying an additional 1,052 shares in the last quarter. Family Legacy Financial Solutions LLC lifted its holdings in Samsara by 100.0% during the 3rd quarter. Family Legacy Financial Solutions LLC now owns 2,000 shares of the company’s stock worth $74,000 after buying an additional 1,000 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its position in shares of Samsara by 73.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 2,216 shares of the company’s stock worth $84,000 after acquiring an additional 939 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider John Bicket sold 263,900 shares of Samsara 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 transaction, 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 position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Sanjit Biswas sold 263,900 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $25.87, for a total transaction of $6,827,093.00. Following the completion of the sale, the insider owned 57,600 shares of the company’s stock, valued at approximately $1,490,112. This trade represents a 82.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 2,903,585 shares of company stock valued at $91,712,463. 46.49% of the stock is owned by insiders.

Samsara Stock Performance

Samsara stock opened at $31.70 on Friday. Samsara Inc. has a fifty-two week low of $23.38 and a fifty-two week high of $48.40. The company has a market capitalization of $18.29 billion, a P/E ratio of -1,583.96 and a beta of 1.60. The stock has a 50-day simple moving average of $30.08 and a 200-day simple moving average of $35.52.

Samsara (NYSE:IOT) last announced its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.05. The firm had revenue of $444.30 million during the quarter, compared to analysts’ expectations of $422.29 million. Samsara had a negative return on equity of 0.75% and a negative net margin of 0.56%.The business’s revenue was up 28.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.11 EPS. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. As a group, analysts forecast that Samsara Inc. will post -0.3 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Piper Sandler reiterated an “overweight” rating and issued a $39.00 price objective (up from $37.00) on shares of Samsara in a report on Friday, March 6th. Evercore restated an “outperform” rating on shares of Samsara in a research note on Friday, March 6th. TD Cowen reaffirmed a “buy” rating on shares of Samsara in a report on Monday, March 2nd. Bank of America increased their price target on shares of Samsara from $53.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, December 5th. Finally, 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 report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $46.18.

About Samsara

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.