IFM Investors Pty Ltd Boosts Stock Position in Samsara Inc. $IOT

IFM Investors Pty Ltd boosted its position in shares of Samsara Inc. (NYSE:IOT) by 4.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 51,919 shares of the company’s stock after buying an additional 2,410 shares during the quarter. IFM Investors Pty Ltd’s holdings in Samsara were worth $2,065,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in IOT. Jennison Associates LLC boosted its stake in shares of Samsara by 1,881.8% during the first quarter. Jennison Associates LLC now owns 11,763,133 shares of the company’s stock valued at $450,881,000 after purchasing an additional 11,169,571 shares during the period. Vanguard Group Inc. boosted its stake in shares of Samsara by 12.0% during the first quarter. Vanguard Group Inc. now owns 23,495,471 shares of the company’s stock valued at $900,581,000 after purchasing an additional 2,516,882 shares during the period. Baillie Gifford & Co. raised its holdings in shares of Samsara by 7.1% in the first quarter. Baillie Gifford & Co. now owns 35,277,488 shares of the company’s stock valued at $1,352,186,000 after acquiring an additional 2,348,101 shares in the last quarter. Bessemer Group Inc. raised its holdings in shares of Samsara by 2,635,339.0% in the first quarter. Bessemer Group Inc. now owns 1,080,530 shares of the company’s stock valued at $41,418,000 after acquiring an additional 1,080,489 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Samsara by 58.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,823,484 shares of the company’s stock valued at $108,224,000 after acquiring an additional 1,047,068 shares in the last quarter. 96.02% of the stock is owned by hedge funds and other institutional investors.

Samsara Stock Performance

Shares of NYSE IOT opened at $39.31 on Tuesday. Samsara Inc. has a fifty-two week low of $31.40 and a fifty-two week high of $61.90. The firm has a market capitalization of $22.55 billion, a PE ratio of -245.71 and a beta of 1.61. The stock’s 50-day simple moving average is $36.83 and its 200-day simple moving average is $39.22.

Samsara (NYSE:IOT) last posted its earnings results on Thursday, September 4th. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.05. The company had revenue of $391.48 million for the quarter, compared to the consensus estimate of $372.22 million. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.Samsara’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.05 earnings per share. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. On average, sell-side analysts forecast that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Evercore ISI set a $45.00 price objective on Samsara in a report on Wednesday, June 25th. Truist Financial lifted their price objective on Samsara from $35.00 to $39.00 and gave the company a “hold” rating in a report on Friday, September 5th. BMO Capital Markets decreased their price objective on Samsara from $54.00 to $47.00 and set an “outperform” rating for the company in a report on Friday, September 5th. Wells Fargo & Company lifted their price objective on Samsara from $48.00 to $50.00 and gave the company an “overweight” rating in a report on Friday, June 6th. Finally, Craig Hallum upgraded Samsara from a “hold” rating to a “buy” rating and lifted their price objective for the company from $42.00 to $48.00 in a report on Friday, September 5th. Eight equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $49.38.

Insider Transactions at Samsara

In other news, major shareholder Horowitz Lsv Fund I. Andreessen sold 793,331 shares of the firm’s stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $38.55, for a total value of $30,582,910.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Dominic Phillips sold 46,253 shares of Samsara stock in a transaction on Monday, September 15th. The shares were sold at an average price of $39.15, for a total value of $1,810,804.95. Following the sale, the insider directly owned 683,425 shares of the company’s stock, valued at approximately $26,756,088.75. The trade was a 6.34% decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,386,158 shares of company stock worth $126,976,919 over the last quarter. Insiders own 46.49% of the company’s stock.

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.