Samsara Inc. sees $10 million in stock sales by Andreessen Horowitz

In a recent filing with the Securities and Exchange Commission, Andreessen Horowitz entities disclosed significant stock transactions involving Samsara Inc. (NYSE:IOT). The transactions, which occurred on March 10, 2025, included sales of Class A Common Stock amounting to approximately $10 million. The stock, currently trading with a market capitalization of $20.2 billion, has seen significant volatility recently, with a 17.6% decline in the past week.

The sales were executed at prices ranging from $34.06 to $34.62 per share, with the stock now trading at $38.02. These transactions were carried out by various Andreessen Horowitz funds, including Andreessen Horowitz LSV Fund I, L.P. and AH Parallel Fund V, L.P., among others.

Following these sales, the funds have adjusted their holdings in Samsara Inc. The filing also reported some conversion transactions, although these were not associated with any monetary exchange.

These transactions are part of a broader investment strategy by the Andreessen Horowitz funds, which maintain substantial holdings in Samsara Inc., a company known for its computer-integrated systems design services.

In other recent news, Samsara Inc. reported a robust fiscal quarter with a 33% constant currency increase in Annual Recurring Revenue (ARR) and a 25% rise in revenue, which scaled to 36% in constant currency after adjusting for an extra week in the reporting period. Piper Sandler upgraded Samsara’s stock rating from Neutral to Overweight, setting a price target of $50, citing the company’s potential for maintaining over 20% growth and its insulation from market volatility. Meanwhile, TD Cowen maintained a Buy rating for Samsara, albeit with a reduced price target of $51, following the company’s strong fourth-quarter results and a revenue beat of approximately 3.5%. RBC Capital also adjusted Samsara’s price target to $54 from $64 while maintaining an Outperform rating, acknowledging the company’s success in the enterprise sector and improvements in product strategies.

Truist Securities, on the other hand, lowered Samsara’s price target to $42 from $50, maintaining a Hold rating due to concerns about potentially challenging comparisons in fiscal year 2026. Samsara’s recent strategic partnership with Hyundai (OTC:HYMTF) Translead aims to enhance trailer safety and operational efficiency through a factory-installed monitoring system, integrating Samsara’s Camera Connector with Hyundai Translead’s HT LinkVue system. This collaboration is expected to provide real-time visibility and data-driven decision-making for fleet operators. Samsara’s management has emphasized the company’s ability to secure larger customer deals and its expanded product offerings as key growth drivers. These developments highlight Samsara’s ongoing efforts to strengthen its market position and deliver scalable solutions for its clients.

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