6,877 Shares in Samsara Inc. (NYSE:IOT) Bought by APG Asset Management US Inc. (2025)

APG Asset Management US Inc. bought a new position in Samsara Inc. (NYSE:IOT - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 6,877 shares of the company's stock, valued at approximately $300,000.

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Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in Samsara by 4.3% in the fourth quarter. Vanguard Group Inc. now owns 20,978,589 shares of the company's stock valued at $916,555,000 after purchasing an additional 863,197 shares in the last quarter. FMR LLC raised its position in shares of Samsara by 24.0% during the 4th quarter. FMR LLC now owns 14,743,175 shares of the company's stock valued at $644,129,000 after buying an additional 2,852,575 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Samsara by 107.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 4,143,855 shares of the company's stock worth $181,045,000 after acquiring an additional 2,148,081 shares during the last quarter. Invesco Ltd. grew its position in Samsara by 13.7% in the fourth quarter. Invesco Ltd. now owns 3,476,945 shares of the company's stock worth $151,908,000 after acquiring an additional 419,163 shares in the last quarter. Finally, Amundi increased its stake in Samsara by 22.2% in the fourth quarter. Amundi now owns 3,013,265 shares of the company's stock valued at $133,126,000 after acquiring an additional 547,390 shares during the last quarter. Hedge funds and other institutional investors own 96.02% of the company's stock.

Samsara Stock Performance

Shares of NYSE IOT traded down $0.55 during trading on Monday, hitting $37.24. The company had a trading volume of 2,223,642 shares, compared to its average volume of 3,768,192. Samsara Inc. has a 12 month low of $27.14 and a 12 month high of $61.90. The firm has a market capitalization of $21.20 billion, a P/E ratio of -79.23 and a beta of 1.71. The stock has a 50 day simple moving average of $44.21 and a 200 day simple moving average of $47.07.

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Insiders Place Their Bets

In other Samsara news, insider Sanjit Biswas sold 160,000 shares of the stock in a transaction on Tuesday, April 8th. The stock was sold at an average price of $34.89, for a total value of $5,582,400.00. Following the completion of the sale, the insider now owns 108,000 shares in the company, valued at approximately $3,768,120. This represents a 59.70 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Adam Eltoukhy sold 9,043 shares of the business's stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $53.88, for a total value of $487,236.84. Following the completion of the transaction, the insider now owns 331,106 shares in the company, valued at $17,839,991.28. The trade was a 2.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,506,639 shares of company stock worth $64,355,489. Company insiders own 60.04% of the company's stock.

Analysts Set New Price Targets

IOT has been the subject of several research analyst reports. BMO Capital Markets raised Samsara from a "market perform" rating to an "outperform" rating and set a $48.00 price target for the company in a research note on Monday, March 10th. Cowen reaffirmed a "buy" rating on shares of Samsara in a research note on Friday, March 7th. Royal Bank of Canada decreased their price target on shares of Samsara from $64.00 to $54.00 and set an "outperform" rating on the stock in a research note on Friday, March 7th. Berenberg Bank started coverage on shares of Samsara in a research note on Monday, February 3rd. They issued a "hold" rating and a $57.00 price objective for the company. Finally, Truist Financial cut their price target on shares of Samsara from $50.00 to $42.00 and set a "hold" rating for the company in a research report on Friday, March 7th. Nine research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, Samsara presently has an average rating of "Moderate Buy" and an average target price of $49.20.

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Samsara Company Profile

(Free Report)

Samsara Inc provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.

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