Andra AP fonden Has $2.92 Million Holdings in Samsara Inc. $IOT

Andra AP fonden raised its position in Samsara Inc. (NYSE:IOT) by 297.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 73,400 shares of the company’s stock after purchasing an additional 54,919 shares during the period. Andra AP fonden’s holdings in Samsara were worth $2,920,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Keystone Financial Group Inc. increased its stake in Samsara by 300.0% in the 1st 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. Catalyst Capital Advisors LLC bought a new stake in shares of Samsara in the second quarter valued at approximately $28,000. CWM LLC increased its holdings in Samsara by 385.3% in the 1st 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 period. AlphaQuest LLC lifted its stake in Samsara by 519.6% during the first quarter. AlphaQuest LLC now owns 1,041 shares of the company’s stock worth $40,000 after purchasing an additional 873 shares during the last quarter. Finally, Family Legacy Financial Solutions LLC acquired a new stake in shares of Samsara in the 2nd quarter valued at approximately $40,000. 96.02% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have commented on the company. Wall Street Zen downgraded Samsara from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. BMO Capital Markets decreased their price target on shares of Samsara from $54.00 to $47.00 and set an “outperform” rating for the company in a research note on Friday, September 5th. Truist Financial increased their target price on Samsara from $35.00 to $39.00 and gave the stock a “hold” rating in a research report on Friday, September 5th. Zacks Research downgraded Samsara from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Finally, Evercore ISI set a $50.00 target price on shares of Samsara and gave the stock an “outperform” rating in a research report on Wednesday, October 1st. Eight equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $49.55.

Insiders Place Their Bets

In other Samsara news, insider John Bicket sold 170,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 7th. The stock was sold at an average price of $38.35, for a total value of $6,519,500.00. Following the completion of the transaction, the insider directly owned 36,000 shares in the company, valued at $1,380,600. This represents a 82.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder Parallel Fund Iv L.P. Ah 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 disclosure for this sale is available in the SEC filing. Insiders sold a total of 3,747,711 shares of company stock valued at $141,867,401 in the last 90 days. 46.49% of the stock is currently owned by company insiders.

Samsara Price Performance

NYSE IOT opened at $38.93 on Friday. Samsara Inc. has a 1-year low of $31.40 and a 1-year high of $61.90. The business’s fifty day moving average price is $38.59 and its 200-day moving average price is $39.38. The stock has a market capitalization of $22.33 billion, a price-to-earnings ratio of -243.33 and a beta of 1.61.

Samsara (NYSE:IOT) last released its quarterly earnings results on Thursday, September 4th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $372.22 million. During the same quarter in the previous year, the company posted $0.05 earnings per share. Samsara’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. Equities research analysts anticipate that Samsara Inc. will post -0.3 EPS for the current year.

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.