Samsara Inc. $IOT Shares Sold by TimesSquare Capital Management LLC

TimesSquare Capital Management LLC lowered its position in shares of Samsara Inc. (NYSE:IOT) by 2.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 1,320,028 shares of the company’s stock after selling 37,555 shares during the quarter. TimesSquare Capital Management LLC’s holdings in Samsara were worth $46,795,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Lazard Asset Management LLC lifted its position in Samsara by 2.0% during the 3rd quarter. Lazard Asset Management LLC now owns 13,971 shares of the company’s stock worth $520,000 after acquiring an additional 279 shares during the period. Jefferies Financial Group Inc. lifted its position in Samsara by 1.6% during the 3rd quarter. Jefferies Financial Group Inc. now owns 20,995 shares of the company’s stock worth $782,000 after acquiring an additional 322 shares during the period. Cim LLC lifted its position in Samsara by 1.0% during the 3rd quarter. Cim LLC now owns 32,700 shares of the company’s stock worth $1,218,000 after acquiring an additional 326 shares during the period. Empowered Funds LLC lifted its position 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 acquiring an additional 335 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in Samsara by 8.8% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,046 shares of the company’s stock worth $188,000 after acquiring an additional 410 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

Samsara Stock Up 3.6%

Shares of IOT stock opened at $30.61 on Tuesday. The stock has a market cap of $17.78 billion, a PE ratio of -1,529.94, a price-to-earnings-growth ratio of 10.84 and a beta of 1.29. The business has a 50-day simple moving average of $30.61 and a 200-day simple moving average of $33.00. Samsara Inc. has a 52-week low of $23.38 and a 52-week high of $48.40.

Samsara (NYSE:IOT) last issued its quarterly earnings data on Thursday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, beating 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 business had revenue of $444.30 million during the quarter, compared to analysts’ expectations of $422.29 million. During the same quarter in the previous year, the firm posted $0.11 EPS. The company’s revenue for the quarter 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. Sell-side analysts anticipate that Samsara Inc. will post 0.06 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. UBS Group reaffirmed a “buy” rating and set a $48.00 price target on shares of Samsara in a research report on Friday, March 6th. TD Cowen reissued a “buy” rating on shares of Samsara in a report on Monday, March 2nd. Evercore reissued an “outperform” rating on shares of Samsara in a report on Friday, March 6th. KeyCorp boosted their price objective on Samsara from $40.00 to $41.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Samsara in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $46.18.

Insider Activity

In related news, insider Sanjit Biswas sold 168,272 shares of Samsara stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $28.58, for a total value of $4,809,213.76. Following the completion of the transaction, the insider owned 15,200 shares in the company, valued at $434,416. The trade was a 91.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Bicket sold 168,227 shares of Samsara stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $28.58, for a total value of $4,807,927.66. Following the completion of the transaction, the insider owned 15,200 shares of the company’s stock, valued at approximately $434,416. This represents a 91.71% decrease in their position. 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 90 days, insiders sold 2,189,362 shares of company stock valued at $63,562,803. 35.13% of the stock is owned by company insiders.

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.