Samsara Inc. $IOT Shares Acquired by Advisors Asset Management Inc.

Advisors Asset Management Inc. lifted its stake in shares of Samsara Inc. (NYSE:IOT) by 13.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,022 shares of the company’s stock after acquiring an additional 351 shares during the period. Advisors Asset Management Inc.’s holdings in Samsara were worth $116,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Keystone Financial Group Inc. boosted its stake in shares of Samsara by 300.0% during the first quarter. Keystone Financial Group Inc. now owns 600 shares of the company’s stock valued at $25,000 after acquiring an additional 450 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Samsara during the first quarter valued at $31,000. Fourth Dimension Wealth LLC acquired a new stake in shares of Samsara during the fourth quarter valued at $38,000. CWM LLC boosted its stake in shares of Samsara by 385.3% during the first quarter. CWM LLC now owns 1,053 shares of the company’s stock valued at $40,000 after acquiring an additional 836 shares during the last quarter. Finally, AlphaQuest LLC boosted its stake in shares of Samsara by 519.6% during the first quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock valued at $40,000 after acquiring an additional 873 shares during the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on IOT shares. Evercore ISI set a $45.00 price objective on Samsara in a research note on Wednesday, June 25th. Zacks Research lowered Samsara from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Piper Sandler raised their price target on Samsara from $47.00 to $48.00 and gave the stock an “overweight” rating in a research note on Friday, September 5th. Craig Hallum raised Samsara from a “hold” rating to a “buy” rating and raised their price target for the stock from $42.00 to $48.00 in a research note on Friday, September 5th. Finally, Royal Bank Of Canada raised their price target on Samsara from $44.00 to $46.00 and gave the stock an “outperform” rating in a research note on Friday, September 5th. Eight analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $49.38.

Samsara Price Performance

NYSE IOT opened at $38.30 on Friday. The firm has a market capitalization of $21.81 billion, a P/E ratio of -239.39 and a beta of 1.61. Samsara Inc. has a 1-year low of $31.40 and a 1-year high of $61.90. The business’s 50-day simple moving average is $36.67 and its 200-day simple moving average is $39.50.

Samsara (NYSE:IOT) last released its quarterly earnings data on Thursday, September 4th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.05. The business had revenue of $391.48 million for the quarter, compared to analyst estimates of $372.22 million. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.The company’s revenue was up 30.4% compared to the same quarter last year. During the same period in the previous year, the company 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, equities research analysts expect that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Insider Transactions at Samsara

In other news, insider Sanjit Biswas sold 160,000 shares of Samsara stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $39.58, for a total value of $6,332,800.00. Following the transaction, the insider directly owned 78,000 shares of the company’s stock, valued at $3,087,240. The trade was a 67.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, major shareholder Horowitz Lsv Fund I. Andreessen sold 793,331 shares of Samsara stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $38.55, for a total value of $30,582,910.05. The disclosure for this sale can be found here. Over the last quarter, insiders sold 3,717,663 shares of company stock valued at $140,069,049. 46.49% of the stock is currently owned by company insiders.

About Samsara

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.