Samsara Inc. $IOT Stake Raised by Allianz Asset Management GmbH

Allianz Asset Management GmbH grew its holdings in shares of Samsara Inc. (NYSE:IOT) by 6.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,966 shares of the company’s stock after buying an additional 2,257 shares during the period. Allianz Asset Management GmbH’s holdings in Samsara were worth $1,431,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in IOT. Keystone Financial Group Inc. raised its holdings 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 buying an additional 450 shares during the last quarter. CWM LLC raised its holdings 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 buying an additional 836 shares during the last quarter. AlphaQuest LLC raised its holdings 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 buying an additional 873 shares during the last quarter. Family Legacy Financial Solutions LLC bought a new stake in shares of Samsara during the second quarter valued at approximately $40,000. Finally, UMB Bank n.a. raised its holdings in shares of Samsara by 31.9% during the second quarter. UMB Bank n.a. now owns 1,904 shares of the company’s stock valued at $76,000 after buying an additional 461 shares during the last quarter. Institutional investors own 96.02% of the company’s stock.

Samsara Stock Performance

Samsara stock opened at $39.19 on Friday. The firm has a market cap of $22.48 billion, a price-to-earnings ratio of -244.92 and a beta of 1.60. Samsara Inc. has a 1 year low of $31.40 and a 1 year high of $61.90. The firm’s 50 day moving average price is $37.61 and its two-hundred day moving average price is $39.28.

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. 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 for the quarter, compared to analysts’ expectations of $372.22 million. During the same period in the previous year, the company posted $0.05 EPS. The company’s quarterly 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. As a group, equities analysts predict that Samsara Inc. will post -0.3 EPS for the current fiscal year.

Insider Activity

In other Samsara news, major shareholder Horowitz Lsv Fund I. Andreessen sold 793,331 shares of Samsara stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $38.55, for a total transaction of $30,582,910.05. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Sanjit Biswas sold 160,000 shares of Samsara stock in a transaction that occurred on Tuesday, October 7th. The stock was sold at an average price of $38.36, for a total transaction of $6,137,600.00. Following the transaction, the insider owned 36,000 shares in the company, valued at approximately $1,380,960. The trade was a 81.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 3,729,363 shares of company stock valued at $140,243,015. 46.49% of the stock is currently owned by company insiders.

Analyst Ratings Changes

IOT has been the topic of several recent analyst reports. Zacks Research cut Samsara from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. Evercore ISI set a $50.00 target price on Samsara and gave the stock an “outperform” rating in a report on Wednesday, October 1st. BMO Capital Markets dropped their target price on Samsara from $54.00 to $47.00 and set an “outperform” rating on the stock in a report on Friday, September 5th. Piper Sandler boosted their target price on Samsara from $47.00 to $48.00 and gave the stock an “overweight” rating in a report on Friday, September 5th. Finally, Morgan Stanley boosted their target price on Samsara from $50.00 to $53.00 and gave the stock an “equal weight” rating in a report on Monday, September 8th. Eight analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $49.55.

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.