Teacher Retirement System of Texas Grows Stake in Samsara Inc. $IOT

Teacher Retirement System of Texas grew its position in Samsara Inc. (NYSE:IOT) by 13.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 43,242 shares of the company’s stock after purchasing an additional 5,231 shares during the quarter. Teacher Retirement System of Texas’ holdings in Samsara were worth $1,720,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Gerber Kawasaki Wealth & Investment Management lifted its stake in shares of Samsara by 0.5% during the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 54,000 shares of the company’s stock worth $2,070,000 after buying an additional 250 shares during the period. Nemes Rush Group LLC lifted its stake in shares of Samsara by 7.8% during the first quarter. Nemes Rush Group LLC now owns 3,597 shares of the company’s stock worth $138,000 after buying an additional 260 shares during the period. Empowered Funds LLC lifted its stake in shares of Samsara by 3.4% during the first quarter. Empowered Funds LLC now owns 10,168 shares of the company’s stock worth $390,000 after buying an additional 335 shares during the period. Advisors Asset Management Inc. lifted its stake in shares of Samsara by 13.1% during the first quarter. Advisors Asset Management Inc. now owns 3,022 shares of the company’s stock worth $116,000 after buying an additional 351 shares during the period. Finally, Kieckhefer Group LLC lifted its stake in shares of Samsara by 1.2% during the second quarter. Kieckhefer Group LLC now owns 30,870 shares of the company’s stock worth $1,228,000 after buying an additional 370 shares during the period. 96.02% of the stock is owned by hedge funds and other institutional investors.

Samsara Trading Down 4.3%

IOT stock opened at $38.73 on Wednesday. The company has a market cap of $22.22 billion, a price-to-earnings ratio of -242.06 and a beta of 1.61. Samsara Inc. has a 12 month low of $31.40 and a 12 month high of $61.90. The firm has a 50-day moving average of $38.44 and a two-hundred day moving average of $39.37.

Samsara (NYSE:IOT) last announced its quarterly 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. The business had revenue of $391.48 million during the quarter, compared to the consensus estimate of $372.22 million. Samsara had a negative net margin of 6.16% and a negative return on equity of 7.53%. The business’s revenue was up 30.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.05 EPS. 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 forecast that Samsara Inc. will post -0.3 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on IOT shares. Zacks Research downgraded shares of Samsara from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Evercore ISI set a $50.00 target price on shares of Samsara and gave the company an “outperform” rating in a research report on Wednesday, October 1st. 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 research report on Monday, September 8th. BMO Capital Markets decreased their target price on shares of Samsara from $54.00 to $47.00 and set an “outperform” rating for the company in a research report on Friday, September 5th. Finally, Truist Financial boosted their target price on shares of Samsara from $35.00 to $39.00 and gave the company a “hold” rating in a research report on Friday, September 5th. Eight equities research 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. Based on data from MarketBeat.com, Samsara currently has a consensus rating of “Hold” and a consensus target price of $49.55.

Insider Buying and Selling at Samsara

In other news, insider John Bicket sold 170,000 shares of Samsara stock in a transaction on Tuesday, October 7th. The shares were sold at an average price of $38.35, for a total transaction of $6,519,500.00. Following the completion of the sale, the insider directly owned 36,000 shares of the company’s stock, valued at approximately $1,380,600. The trade was a 82.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Parallel Fund Iv L.P. Ah sold 793,331 shares of the company’s stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $38.55, for a total value of $30,582,910.05. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 3,417,711 shares of company stock worth $129,032,029. 46.49% of the stock is currently owned by insiders.

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.