Legal & General Group Plc Has $63.92 Million Stock Holdings in Samsara Inc. $IOT

Legal & General Group Plc grew its holdings in Samsara Inc. (NYSE:IOT) by 11.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,803,101 shares of the company’s stock after buying an additional 190,798 shares during the quarter. Legal & General Group Plc’s holdings in Samsara were worth $63,920,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Lazard Asset Management LLC increased its stake in shares of Samsara by 2.0% in the third quarter. Lazard Asset Management LLC now owns 13,971 shares of the company’s stock valued at $520,000 after buying an additional 279 shares in the last quarter. Jefferies Financial Group Inc. increased its stake in shares of Samsara by 1.6% in the third quarter. Jefferies Financial Group Inc. now owns 20,995 shares of the company’s stock valued at $782,000 after buying an additional 322 shares in the last quarter. Cim LLC increased its stake in shares of Samsara by 1.0% in the third quarter. Cim LLC now owns 32,700 shares of the company’s stock valued at $1,218,000 after buying an additional 326 shares in the last quarter. Empowered Funds LLC increased its stake in shares of Samsara by 3.4% in the first quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after buying an additional 335 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Samsara by 8.8% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,046 shares of the company’s stock valued at $188,000 after buying an additional 410 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently weighed in on IOT shares. TD Cowen restated a “buy” rating on shares of Samsara in a research note on Friday, May 22nd. Zacks Research lowered Samsara from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 5th. KeyCorp lifted their price objective on Samsara from $40.00 to $41.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. UBS Group reiterated a “buy” rating and issued a $48.00 price objective on shares of Samsara in a research report on Friday, March 6th. Finally, Royal Bank Of Canada lifted their price objective on Samsara from $35.00 to $41.00 and gave the stock an “outperform” rating in a research report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Samsara presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.18.

Insider Transactions at Samsara

In other news, insider Adam Eltoukhy sold 5,473 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $30.21, for a total transaction of $165,339.33. Following the completion of the transaction, the insider directly owned 468,305 shares in the company, valued at approximately $14,147,494.05. The trade was a 1.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Bicket sold 30,345 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $31.20, for a total value of $946,764.00. Following the transaction, the insider owned 153,828 shares of the company’s stock, valued at $4,799,433.60. The trade was a 16.48% 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. Insiders have sold 2,717,947 shares of company stock valued at $79,747,111 in the last three months. Company insiders own 35.13% of the company’s stock.

More Samsara News

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Samsara said it earned the No. 1 spot in 23 Summer 2026 G2 Grid Reports, more than any other fleet technology brand. Because the rankings are based on verified customer reviews, the news supports the company’s competitive position and may boost confidence in future demand. Article Title
• Positive Sentiment: The latest coverage highlights Samsara’s momentum and leadership across fleet management, asset tracking, and maintenance software, reinforcing its growth narrative with customers and analysts. Article Title
• Neutral Sentiment: Several insider sales were disclosed, including transactions by co-founder Sanjit Biswas and John Bicket. The trades were made under pre-arranged 10b5-1 plans, which makes them less concerning than discretionary selling, but the sheer size may still weigh on sentiment. Article Title
• Negative Sentiment: The volume of insider selling was substantial, with Biswas and Bicket sharply reducing their holdings, which can create near-term pressure if investors view it as a sign shares have run ahead of fundamentals. Article Title

Samsara Stock Up 11.3%

Shares of IOT stock opened at $35.15 on Friday. The stock has a 50-day moving average price of $30.28 and a 200 day moving average price of $32.55. The firm has a market cap of $20.41 billion, a price-to-earnings ratio of -1,756.77, a PEG ratio of 9.39 and a beta of 1.29. Samsara Inc. has a 12 month low of $23.38 and a 12 month high of $48.40.

Samsara (NYSE:IOT) last announced its quarterly earnings data on Thursday, March 5th. The company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.05. The firm had revenue of $444.30 million during the quarter, compared to analyst estimates of $422.29 million. Samsara had a negative return on equity of 0.72% and a negative net margin of 0.56%.The company’s revenue was up 28.3% on a year-over-year basis. During the same period last year, the company earned $0.11 earnings per share. 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 predict that Samsara Inc. will post 0.08 earnings per share for the current fiscal year.

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.