Swedbank AB Has $1.25 Million Position in Samsara Inc. $IOT

Swedbank AB lessened its holdings in shares of Samsara Inc. (NYSE:IOT) by 42.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 31,298 shares of the company’s stock after selling 23,322 shares during the period. Swedbank AB’s holdings in Samsara were worth $1,245,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the business. Baillie Gifford & Co. lifted its holdings in shares of Samsara by 7.1% during the first quarter. Baillie Gifford & Co. now owns 35,277,488 shares of the company’s stock worth $1,352,186,000 after purchasing an additional 2,348,101 shares during the period. Vanguard Group Inc. lifted its holdings 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 worth $900,581,000 after purchasing an additional 2,516,882 shares during the period. Jennison Associates LLC lifted its holdings 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 worth $450,881,000 after purchasing an additional 11,169,571 shares during the period. Invesco Ltd. lifted its holdings in shares of Samsara by 20.1% during the first quarter. Invesco Ltd. now owns 4,174,153 shares of the company’s stock worth $159,995,000 after purchasing an additional 697,208 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Samsara by 58.9% during 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 worth $108,224,000 after purchasing an additional 1,047,068 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

Samsara Stock Performance

Shares of IOT stock opened at $39.31 on Tuesday. Samsara Inc. has a 52-week low of $31.40 and a 52-week high of $61.90. The company has a 50-day simple moving average of $36.83 and a two-hundred day simple moving average of $39.22. The company has a market capitalization of $22.55 billion, a price-to-earnings ratio of -245.71 and a beta of 1.61.

Samsara (NYSE:IOT) last released its earnings results on Thursday, September 4th. The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.05. Samsara had a negative net margin of 6.16% and a negative return on equity of 7.53%. The firm had revenue of $391.48 million during the quarter, compared to the consensus estimate of $372.22 million. During the same period in the prior year, the firm earned $0.05 EPS. The company’s revenue was up 30.4% compared to the same quarter last year. 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 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently issued reports on IOT. Wells Fargo & Company boosted their target price on shares of Samsara from $48.00 to $50.00 and gave the company an “overweight” rating in a report on Friday, June 6th. BMO Capital Markets dropped their target price on shares of Samsara from $54.00 to $47.00 and set an “outperform” rating on the stock in a report on Friday, September 5th. Royal Bank Of Canada boosted their target price on shares of Samsara from $44.00 to $46.00 and gave the company an “outperform” rating in a report on Friday, September 5th. Evercore ISI set a $45.00 target price on shares of Samsara in a report on Wednesday, June 25th. Finally, Morgan Stanley boosted their target price on shares of Samsara from $50.00 to $53.00 and gave the company an “equal weight” rating in a report on Monday, September 8th. Eight analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $49.38.

Insider Activity at Samsara

In other Samsara news, insider Adam Eltoukhy sold 18,219 shares of the firm’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $39.15, for a total value of $713,273.85. Following the completion of the transaction, the insider directly owned 302,698 shares of the company’s stock, valued at $11,850,626.70. This trade represents a 5.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Benjamin Louis Kirchhoff sold 1,772 shares of the firm’s stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $38.13, for a total transaction of $67,566.36. Following the completion of the transaction, the chief accounting officer directly owned 105,518 shares of the company’s stock, valued at approximately $4,023,401.34. The trade was a 1.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,386,158 shares of company stock worth $126,976,919 in the last ninety days. Insiders own 46.49% of the company’s stock.

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.