OP Asset Management Ltd Takes $1.17 Million Position in Samsara Inc. $IOT

OP Asset Management Ltd purchased a new position in Samsara Inc. (NYSE:IOT) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 36,758 shares of the company’s stock, valued at approximately $1,165,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Acumen Wealth Advisors LLC purchased a new position in Samsara in the fourth quarter valued at about $28,000. Caitong International Asset Management Co. Ltd lifted its position in shares of Samsara by 312.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 883 shares of the company’s stock valued at $31,000 after buying an additional 669 shares during the last quarter. AlphaCentric Advisors LLC bought a new stake in shares of Samsara in the 4th quarter valued at about $36,000. IFP Advisors Inc boosted its holdings in shares of 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 buying an additional 828 shares in the last quarter. Finally, Los Angeles Capital Management LLC purchased a new position in shares of Samsara in the 4th quarter worth approximately $52,000. Institutional investors own 96.02% of the company’s stock.

Samsara Trading Up 2.9%

NYSE:IOT opened at $32.03 on Tuesday. Samsara Inc. has a twelve month low of $23.38 and a twelve month high of $47.47. The company has a market cap of $18.67 billion, a PE ratio of 320.36, a P/E/G ratio of 7.30 and a beta of 1.34. The company’s 50 day moving average is $31.40 and its two-hundred day moving average is $31.68.

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

Insider Buying and Selling

In other Samsara 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 transaction of $4,809,213.76. Following the completion of the sale, the insider owned 15,200 shares of the company’s stock, valued at approximately $434,416. The trade was a 91.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Bicket sold 168,227 shares of the business’s 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 sale, the insider owned 15,200 shares in the company, valued at approximately $434,416. The trade was a 91.71% 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. Insiders sold 4,710,515 shares of company stock worth $147,188,554 in the last 90 days. Insiders own 35.13% of the company’s stock.

Analysts Set New Price Targets

IOT has been the subject of a number of analyst reports. UBS Group reissued a “buy” rating and set a $48.00 target price on shares of Samsara in a research report on Friday, March 6th. BTIG Research reaffirmed a “buy” rating and issued a $45.00 price target on shares of Samsara in a report on Friday. Evercore reaffirmed an “outperform” rating on shares of Samsara in a research report on Friday, March 6th. The Goldman Sachs Group set a $45.00 price objective on Samsara in a research report on Monday, March 2nd. Finally, KeyCorp restated an “overweight” rating on shares of Samsara in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $45.94.

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.