Asset Management One Co. Ltd. Decreases Stock Holdings in Samsara Inc. $IOT

Asset Management One Co. Ltd. decreased its holdings in shares of Samsara Inc. (NYSE:IOT) by 21.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 121,748 shares of the company’s stock after selling 32,301 shares during the period. Asset Management One Co. Ltd.’s holdings in Samsara were worth $4,843,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Gerber Kawasaki Wealth & Investment Management lifted its position in shares of Samsara by 0.5% during the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 54,000 shares of the company’s stock valued at $2,070,000 after buying an additional 250 shares in the last quarter. Nemes Rush Group LLC lifted its position in shares of Samsara by 7.8% during the 1st quarter. Nemes Rush Group LLC now owns 3,597 shares of the company’s stock valued at $138,000 after buying an additional 260 shares in the last quarter. Empowered Funds LLC lifted its position in shares of Samsara by 3.4% during the 1st quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock valued at $390,000 after buying an additional 335 shares in the last quarter. Advisors Asset Management Inc. lifted its position in shares of Samsara by 13.1% during the 1st quarter. Advisors Asset Management Inc. now owns 3,022 shares of the company’s stock valued at $116,000 after buying an additional 351 shares in the last quarter. Finally, Kieckhefer Group LLC lifted its position in shares of Samsara by 1.2% during the 2nd quarter. Kieckhefer Group LLC now owns 30,870 shares of the company’s stock valued at $1,228,000 after buying an additional 370 shares in the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Samsara Stock Up 0.3%

Shares of IOT opened at $40.04 on Wednesday. Samsara Inc. has a 52-week low of $31.40 and a 52-week high of $61.90. The company has a market capitalization of $22.97 billion, a PE ratio of -250.25 and a beta of 1.60. The stock has a fifty day simple moving average of $37.87 and a two-hundred day simple moving average of $39.30.

Samsara (NYSE:IOT) last issued its earnings results on Thursday, September 4th. The company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.05. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.The business had revenue of $391.48 million during the quarter, compared to the consensus estimate of $372.22 million. During the same period last year, the company earned $0.05 EPS. The company’s revenue for the quarter was up 30.4% on a year-over-year basis. 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 anticipate that Samsara Inc. will post -0.3 earnings per share for the current fiscal year.

Analysts Set New Price Targets

IOT has been the topic of a number of recent analyst reports. Evercore ISI set a $50.00 target price on Samsara and gave the company an “outperform” rating in a research report on Wednesday, October 1st. Craig Hallum upgraded Samsara from a “hold” rating to a “buy” rating and raised their price objective for the company from $42.00 to $48.00 in a report on Friday, September 5th. Truist Financial raised 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 lowered Samsara from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Finally, Royal Bank Of Canada raised 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. Eight investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Samsara presently has an average rating of “Hold” and an average target price of $49.55.

Insiders Place Their Bets

In other Samsara news, insider Sanjit Biswas sold 160,000 shares of the firm’s stock in a transaction on Tuesday, October 21st. The stock was sold at an average price of $38.63, for a total value of $6,180,800.00. Following the completion of the sale, the insider directly owned 30,000 shares of the company’s stock, valued at $1,158,900. This trade represents a 84.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Benjamin Louis Kirchhoff sold 4,933 shares of the firm’s stock in a transaction on Monday, September 29th. The stock was sold at an average price of $37.47, for a total value of $184,839.51. Following the completion of the sale, the chief accounting officer directly owned 100,585 shares of the company’s stock, valued at $3,768,919.95. This trade represents a 4.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 3,729,363 shares of company stock worth $140,243,015. 46.49% of the stock is currently owned by company insiders.

Samsara 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.