AlphaQuest LLC Buys 873 Shares of Samsara Inc. $IOT

AlphaQuest LLC lifted its stake in shares of Samsara Inc. (NYSE:IOT) by 519.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,041 shares of the company’s stock after acquiring an additional 873 shares during the quarter. AlphaQuest LLC’s holdings in Samsara were worth $40,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Keystone Financial Group Inc. lifted its position in shares of Samsara by 300.0% during the 1st quarter. Keystone Financial Group Inc. now owns 600 shares of the company’s stock worth $25,000 after purchasing an additional 450 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Samsara during the 1st quarter worth about $31,000. Fourth Dimension Wealth LLC acquired a new position in shares of Samsara during the 4th quarter worth about $38,000. CWM LLC lifted its position in shares of Samsara by 385.3% during the 1st quarter. CWM LLC now owns 1,053 shares of the company’s stock worth $40,000 after purchasing an additional 836 shares during the last quarter. Finally, Continuum Advisory LLC lifted its position in shares of Samsara by 32.1% during the 4th quarter. Continuum Advisory LLC now owns 1,161 shares of the company’s stock worth $51,000 after purchasing an additional 282 shares during the last quarter. Institutional investors own 96.02% of the company’s stock.

Insider Activity

In other news, insider Adam Eltoukhy sold 4,578 shares of the company’s stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $32.73, for a total value of $149,837.94. Following the sale, the insider directly owned 358,720 shares in the company, valued at approximately $11,740,905.60. This represents a 1.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Sanjit Biswas sold 30,145 shares of the company’s stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $35.57, for a total value of $1,072,257.65. Following the completion of the sale, the insider owned 597,902 shares in the company, valued at approximately $21,267,374.14. This represents a 4.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 2,910,783 shares of company stock worth $111,188,818. Company insiders own 46.49% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on IOT shares. Truist Financial cut their price objective on Samsara from $42.00 to $35.00 and set a “hold” rating for the company in a research report on Monday, August 25th. Evercore ISI set a $45.00 price objective on Samsara in a research report on Wednesday, June 25th. Zacks Research cut Samsara from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Piper Sandler reissued an “overweight” rating and set a $47.00 price objective (down previously from $53.00) on shares of Samsara in a research report on Thursday, August 7th. Finally, BMO Capital Markets boosted their price objective on Samsara from $48.00 to $54.00 and gave the stock an “outperform” rating in a research report on Monday, June 2nd. Eight equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $49.71.

Samsara Stock Up 1.3%

Samsara stock opened at $35.97 on Friday. The business has a 50 day moving average price of $36.62 and a two-hundred day moving average price of $40.12. The stock has a market cap of $20.48 billion, a price-to-earnings ratio of -163.50 and a beta of 1.61. Samsara Inc. has a 12 month low of $31.40 and a 12 month high of $61.90.

Samsara (NYSE:IOT) last posted its quarterly earnings results on Thursday, September 4th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.07 by $0.05. The firm had revenue of $391.48 million during the quarter, compared to analysts’ expectations of $372.22 million. Samsara had a negative return on equity of 11.14% and a negative net margin of 9.04%.The company’s revenue for the quarter was up 30.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.05 EPS. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. On average, analysts expect that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Samsara Company Profile

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.