Samsara Inc. $IOT Stock Holdings Lifted by Nordea Investment Management AB

Nordea Investment Management AB raised its stake in Samsara Inc. (NYSE:IOT) by 13.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 22,718 shares of the company’s stock after buying an additional 2,645 shares during the period. Nordea Investment Management AB’s holdings in Samsara were worth $901,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of IOT. Brighton Jones LLC bought a new position in shares of Samsara in the fourth quarter valued at $13,464,000. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Samsara by 24.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 20,045 shares of the company’s stock valued at $768,000 after buying an additional 3,956 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Samsara by 47.0% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 9,407 shares of the company’s stock valued at $361,000 after purchasing an additional 3,007 shares in the last quarter. Oppenheimer Asset Management Inc. purchased a new stake in shares of Samsara in the first quarter valued at $342,000. Finally, Asset Management One Co. Ltd. lifted its holdings in shares of Samsara by 18.7% in the first quarter. Asset Management One Co. Ltd. now owns 154,049 shares of the company’s stock valued at $5,920,000 after purchasing an additional 24,307 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on IOT. Piper Sandler increased their target price on Samsara from $47.00 to $48.00 and gave the company an “overweight” rating in a report on Friday, September 5th. Truist Financial increased their target price on Samsara from $35.00 to $39.00 and gave the company a “hold” rating in a report on Friday, September 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Samsara in a report on Wednesday, October 8th. Zacks Research lowered Samsara from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. Finally, Wall Street Zen lowered Samsara from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Eight 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’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $49.55.

Insider Activity at Samsara

In related news, major shareholder Parallel Fund Iv L.P. Ah sold 793,331 shares of the company’s stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $38.55, for a total value of $30,582,910.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Horowitz Lsv Fund I. Andreessen sold 793,331 shares of the company’s stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $38.55, for a total transaction of $30,582,910.05. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 3,729,363 shares of company stock valued at $140,243,015. 46.49% of the stock is owned by insiders.

Samsara Trading Up 1.4%

NYSE IOT opened at $38.68 on Friday. Samsara Inc. has a 1-year low of $31.40 and a 1-year high of $61.90. The company has a market capitalization of $22.19 billion, a PE ratio of -241.73 and a beta of 1.60. The firm’s fifty day simple moving average is $37.49 and its 200-day simple moving average is $39.21.

Samsara (NYSE:IOT) last posted its quarterly earnings results on Thursday, September 4th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $391.48 million for the quarter, compared to the consensus estimate of $372.22 million. During the same period in the prior year, the business posted $0.05 earnings per share. Samsara’s revenue for the quarter 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, analysts predict that Samsara Inc. will post -0.3 EPS for the current year.

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.