ABN Amro Investment Solutions Acquires New Shares in Samsara Inc. $IOT

ABN Amro Investment Solutions acquired a new position in shares of Samsara Inc. (NYSE:IOT) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 31,253 shares of the company’s stock, valued at approximately $1,243,000.

Several other large investors have also recently bought and sold shares of IOT. Candriam S.C.A. grew its holdings in shares of Samsara by 28.7% during the second quarter. Candriam S.C.A. now owns 23,391 shares of the company’s stock worth $931,000 after purchasing an additional 5,214 shares during the last quarter. Calamos Advisors LLC grew its holdings in Samsara by 335.3% during the 2nd quarter. Calamos Advisors LLC now owns 37,187 shares of the company’s stock worth $1,479,000 after acquiring an additional 28,645 shares during the last quarter. Police & Firemen s Retirement System of New Jersey acquired a new position in Samsara in the 2nd quarter valued at approximately $1,621,000. Geode Capital Management LLC increased its position in Samsara by 65.6% in the 2nd quarter. Geode Capital Management LLC now owns 4,877,254 shares of the company’s stock valued at $193,387,000 after acquiring an additional 1,931,870 shares during the period. Finally, Forsta AP Fonden raised its stake in shares of Samsara by 237.4% during the second quarter. Forsta AP Fonden now owns 187,600 shares of the company’s stock valued at $7,463,000 after acquiring an additional 132,000 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors.

Samsara Stock Down 2.3%

Shares of IOT stock opened at $37.84 on Friday. The company has a market cap of $21.71 billion, a price-to-earnings ratio of -236.49 and a beta of 1.61. Samsara Inc. has a 52 week low of $31.40 and a 52 week high of $61.90. The firm has a 50 day moving average of $38.80 and a 200-day moving average of $39.41.

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 the consensus estimate of $0.07 by $0.05. The business had revenue of $391.48 million for the quarter, compared to analyst estimates of $372.22 million. Samsara had a negative net margin of 6.16% and a negative return on equity of 7.53%. Samsara’s revenue was up 30.4% on a year-over-year basis. 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. Analysts anticipate that Samsara Inc. will post -0.3 earnings per share for the current year.

Insider Transactions at Samsara

In other news, insider Adam Eltoukhy sold 4,767 shares of the company’s stock in a transaction that occurred on Monday, October 20th. The stock was sold at an average price of $37.16, for a total transaction of $177,141.72. Following the transaction, the insider directly owned 302,698 shares of the company’s stock, valued at $11,248,257.68. This represents a 1.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Sanjit Biswas sold 10,937 shares of the stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $38.38, for a total value of $419,762.06. Following the completion of the transaction, the insider owned 298,952 shares in the company, valued at approximately $11,473,777.76. This represents a 3.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 3,747,711 shares of company stock valued at $141,867,401. 46.49% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several brokerages recently weighed in on IOT. Wall Street Zen cut shares of Samsara from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Royal Bank Of Canada lifted their target price on Samsara from $44.00 to $46.00 and gave the stock an “outperform” rating in a report on Friday, September 5th. Piper Sandler reissued an “overweight” rating and issued a $48.00 price target on shares of Samsara in a research note on Friday. BMO Capital Markets lowered their price objective on 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 lifted their price objective on Samsara from $35.00 to $39.00 and gave the stock a “hold” rating in a research note on Friday, September 5th. Eight 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 data from MarketBeat.com, Samsara has a consensus rating of “Hold” and an average price target of $49.55.

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.