Park Avenue Securities LLC Purchases 730 Shares of Samsara Inc. $IOT

Park Avenue Securities LLC lifted its position in shares of Samsara Inc. (NYSE:IOT) by 10.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,845 shares of the company’s stock after acquiring an additional 730 shares during the quarter. Park Avenue Securities LLC’s holdings in Samsara were worth $312,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Keystone Financial Group Inc. raised its position in shares of Samsara by 300.0% during the first quarter. Keystone Financial Group Inc. now owns 600 shares of the company’s stock worth $25,000 after acquiring an additional 450 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Samsara during the first quarter worth $31,000. CWM LLC raised its position in shares of Samsara by 385.3% during the first quarter. CWM LLC now owns 1,053 shares of the company’s stock worth $40,000 after acquiring an additional 836 shares during the last quarter. AlphaQuest LLC raised its position in shares of Samsara by 519.6% during the first quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock worth $40,000 after acquiring an additional 873 shares during the last quarter. Finally, Family Legacy Financial Solutions LLC bought a new stake in Samsara in the second quarter valued at about $40,000. Institutional investors own 96.02% of the company’s stock.

Insider Transactions at Samsara

In related news, insider John Bicket sold 133,421 shares of the stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $38.97, for a total transaction of $5,199,416.37. Following the completion of the transaction, the insider directly owned 42,000 shares of the company’s stock, valued at approximately $1,636,740. This represents a 76.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder Parallel Fund Iv L.P. Ah sold 793,331 shares of the stock in a transaction that occurred on 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. Insiders sold 3,715,775 shares of company stock valued at $139,717,268 over the last three months. 46.49% of the stock is currently owned by corporate insiders.

Samsara Price Performance

IOT stock opened at $37.26 on Wednesday. The stock has a market capitalization of $21.37 billion, a P/E ratio of -232.84 and a beta of 1.61. The business has a 50-day moving average of $36.77 and a 200-day moving average of $39.25. Samsara Inc. has a fifty-two week low of $31.40 and a fifty-two week high of $61.90.

Samsara (NYSE:IOT) last posted its quarterly earnings data on Thursday, September 4th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.05. The company 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 7.53% and a negative net margin of 6.16%.Samsara’s revenue for the quarter was up 30.4% compared to the same quarter last year. During the same period in the prior year, the firm 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. Equities analysts expect that Samsara Inc. will post -0.3 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Royal Bank Of Canada upped their price objective on Samsara from $44.00 to $46.00 and gave the company an “outperform” rating in a report on Friday, September 5th. Morgan Stanley upped their price objective on Samsara from $50.00 to $53.00 and gave the company an “equal weight” rating in a report on Monday, September 8th. Truist Financial upped 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. Wall Street Zen downgraded Samsara from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Finally, BMO Capital Markets decreased their target price on Samsara from $54.00 to $47.00 and set an “outperform” rating for the company in a research note on Friday, September 5th. Eight research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, Samsara currently has a consensus rating of “Moderate Buy” and an average target price of $49.38.

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.