Fjarde AP Fonden Fourth Swedish National Pension Fund Has $2.59 Million Position in Samsara Inc. $IOT

Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in shares of Samsara Inc. (NYSE:IOT - Free Report) by 18.8% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 67,500 shares of the company's stock after purchasing an additional 10,700 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in Samsara were worth $2,587,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Russell Investments Group Ltd. boosted its stake in Samsara by 407.7% in the 1st quarter. Russell Investments Group Ltd. now owns 271,327 shares of the company's stock worth $10,400,000 after buying an additional 217,884 shares during the last quarter. Resona Asset Management Co. Ltd. boosted its position in shares of Samsara by 28.2% in the first quarter. Resona Asset Management Co. Ltd. now owns 77,632 shares of the company's stock worth $2,982,000 after acquiring an additional 17,070 shares during the last quarter. AGF Management Ltd. grew its holdings in Samsara by 10.4% in the first quarter. AGF Management Ltd. now owns 399,174 shares of the company's stock valued at $15,300,000 after purchasing an additional 37,747 shares during the period. Zevenbergen Capital Investments LLC increased its position in Samsara by 42.0% during the first quarter. Zevenbergen Capital Investments LLC now owns 587,809 shares of the company's stock worth $22,531,000 after purchasing an additional 173,984 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of Samsara by 20.1% in the 1st quarter. Invesco Ltd. now owns 4,174,153 shares of the company's stock valued at $159,995,000 after purchasing an additional 697,208 shares during the last quarter. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Samsara

In other news, insider Sanjit Biswas sold 27,602 shares of Samsara stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $36.20, for a total value of $999,192.40. Following the transaction, the insider directly owned 851,902 shares of the company's stock, valued at $30,838,852.40. This trade represents a 3.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Adam Eltoukhy sold 10,083 shares of the company's stock in a transaction dated Monday, July 21st. The shares were sold at an average price of $38.77, for a total value of $390,917.91. Following the completion of the transaction, the insider owned 358,720 shares in the company, valued at $13,907,574.40. This represents a 2.73% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 2,691,838 shares of company stock valued at $108,950,933. Company insiders own 46.49% of the company's stock.

Samsara Trading Down 0.4%

NYSE:IOT traded down $0.1350 during trading hours on Wednesday, reaching $32.9850. 3,046,485 shares of the stock were exchanged, compared to its average volume of 4,433,546. The firm has a 50 day simple moving average of $37.70 and a 200-day simple moving average of $41.69. Samsara Inc. has a 52 week low of $31.40 and a 52 week high of $61.90.

Samsara (NYSE:IOT - Get Free Report) last posted its quarterly earnings results on Thursday, June 5th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.05. The business had revenue of $366.88 million for the quarter, compared to analyst estimates of $351.44 million. Samsara had a negative return on equity of 11.14% and a negative net margin of 9.04%.The business's revenue was up 30.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.03 EPS. Samsara has set its FY 2026 guidance at 0.390-0.410 EPS. Q2 2026 guidance at 0.060-0.070 EPS. On average, analysts predict that Samsara Inc. will post -0.3 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on IOT. BMO Capital Markets upped their price objective on Samsara from $48.00 to $54.00 and gave the stock an "outperform" rating in a report on Monday, June 2nd. Piper Sandler restated an "overweight" rating and set a $47.00 price target (down from $53.00) on shares of Samsara in a research note on Thursday, August 7th. Wells Fargo & Company boosted their target price on Samsara from $48.00 to $50.00 and gave the stock an "overweight" rating in a report on Friday, June 6th. Zacks Research lowered shares of Samsara from a "strong-buy" rating to a "hold" rating in a report on Friday, August 15th. Finally, Evercore ISI set a $45.00 price target on Samsara in a report on Wednesday, June 25th. Eight research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Samsara has an average rating of "Hold" and a consensus target price of $50.21.

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.