We just received data on a new analyst forecast for $IOT. Piper Sandler gave a rating of 'Overweight' for $IOT.
$IOT Analyst Ratings
Wall Street analysts have issued reports on $IOT in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Piper Sandler issued a "Overweight" rating on 05/14/2025
- BMO Capital issued a "Outperform" rating on 03/10/2025
- Cowen & Co. issued a "Buy" rating on 03/07/2025
- Loop Capital Markets issued a "Buy" rating on 12/05/2024
To track analyst ratings and price targets for $IOT, check out Quiver Quantitative's $IOT forecast page.
$IOT Price Targets
Multiple analysts have issued price targets for $IOT recently. We have seen 9 analysts offer price targets for $IOT in the last 6 months, with a median target of $50.0.
Here are some recent targets:
- Keith Weiss from Morgan Stanley set a target price of $50.0 on 04/16/2025
- Daniel Jester from BMO Capital set a target price of $48.0 on 03/10/2025
- An analyst from Piper Sandler set a target price of $50.0 on 03/09/2025
- An analyst from Truist Financial set a target price of $42.0 on 03/07/2025
- An analyst from RBC Capital set a target price of $54.0 on 03/07/2025
- An analyst from Wells Fargo set a target price of $51.0 on 03/07/2025
- Nay Soe Naing from Berenberg Bank set a target price of $57.0 on 02/03/2025
$IOT Insider Trading Activity
$IOT insiders have traded $IOT stock on the open market 494 times in the past 6 months. Of those trades, 0 have been purchases and 494 have been sales.
Here’s a breakdown of recent trading of $IOT stock by insiders over the last 6 months:
- SANJIT BISWAS (CHIEF EXECUTVE OFFICER) has made 0 purchases and 195 sales selling 2,945,106 shares for an estimated $133,422,834.
- JOHN BICKET (SEE REMARKS) has made 0 purchases and 170 sales selling 2,785,058 shares for an estimated $126,257,218.
- MARC L ANDREESSEN has made 0 purchases and 12 sales selling 405,311 shares for an estimated $15,174,988.
- PARALLEL FUND IV, L.P. AH has made 0 purchases and 12 sales selling 405,311 shares for an estimated $15,174,988.
- HOROWITZ LSV FUND I, L.P. ANDREESSEN has made 0 purchases and 12 sales selling 405,311 shares for an estimated $15,174,988.
- HOROWITZ LSV FUND III, L.P. ANDREESSEN has made 0 purchases and 12 sales selling 405,311 shares for an estimated $15,174,988.
- DOMINIC PHILLIPS (SEE REMARKS) has made 0 purchases and 18 sales selling 243,624 shares for an estimated $10,422,374.
- ADAM ELTOUKHY (SEE REMARKS) has made 0 purchases and 37 sales selling 223,004 shares for an estimated $10,041,605.
- LARA CAIMI (SEE REMARKS) has made 0 purchases and 10 sales selling 94,229 shares for an estimated $4,247,127.
- JONATHAN CHADWICK has made 0 purchases and 3 sales selling 45,000 shares for an estimated $1,891,893.
- JAMES ANDREW MUNK (CHIEF ACCOUNTING OFFICER) has made 0 purchases and 13 sales selling 31,703 shares for an estimated $1,351,430.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$IOT Hedge Fund Activity
We have seen 278 institutional investors add shares of $IOT stock to their portfolio, and 189 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JENNISON ASSOCIATES LLC added 11,169,571 shares (+1881.8%) to their portfolio in Q1 2025, for an estimated $428,129,656
- MORGAN STANLEY added 6,370,631 shares (+40.2%) to their portfolio in Q4 2024, for an estimated $278,332,868
- SANDS CAPITAL MANAGEMENT, LLC added 6,073,397 shares (+58.6%) to their portfolio in Q1 2025, for an estimated $232,793,307
- VANGUARD GROUP INC added 2,516,882 shares (+12.0%) to their portfolio in Q1 2025, for an estimated $96,472,087
- UBS GROUP AG added 2,423,456 shares (+130.9%) to their portfolio in Q1 2025, for an estimated $92,891,068
- BLACKROCK, INC. added 2,400,604 shares (+19.6%) to their portfolio in Q1 2025, for an estimated $92,015,151
- BAILLIE GIFFORD & CO added 2,348,101 shares (+7.1%) to their portfolio in Q1 2025, for an estimated $90,002,711
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
