Graham Capital Management L.P. Purchases 15,437 Shares of Samsara Inc. $IOT

Key Points

• Graham Capital Management L.P. increased its stake in Samsara Inc. by 42.9% during the first quarter, acquiring an additional 15,437 shares, bringing their total holdings to 51,380 shares worth approximately $1.97 million.
• Multiple institutional investors have also raised their positions in Samsara, resulting in them owning 96.02% of the company's stock.
• Analysts have mixed opinions on Samsara's stock, with ratings varying from "buy" to "hold" and an average target price of $49.71.

Graham Capital Management L.P. grew its holdings in shares of Samsara Inc. (NYSE:IOT - Free Report) by 42.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 51,380 shares of the company's stock after acquiring an additional 15,437 shares during the period. Graham Capital Management L.P.'s holdings in Samsara were worth $1,969,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. NewEdge Advisors LLC lifted its position in shares of Samsara by 262.0% during the fourth quarter. NewEdge Advisors LLC now owns 572 shares of the company's stock worth $25,000 after purchasing an additional 414 shares during the last quarter. Keystone Financial Group Inc. lifted its holdings in Samsara by 300.0% in the first quarter. Keystone Financial Group Inc. now owns 600 shares of the company's stock worth $25,000 after acquiring an additional 450 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Samsara in the first quarter valued at approximately $31,000. Fourth Dimension Wealth LLC acquired a new stake in shares of Samsara in the fourth quarter valued at approximately $38,000. Finally, CWM LLC increased its stake in shares of Samsara by 385.3% in the first quarter. CWM LLC now owns 1,053 shares of the company's stock valued at $40,000 after purchasing an additional 836 shares during the period. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Samsara news, insider Adam Eltoukhy sold 4,578 shares of the company's stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $32.73, for a total value of $149,837.94. Following the completion of the sale, the insider owned 358,720 shares of the company's stock, valued at approximately $11,740,905.60. This represents a 1.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider John Bicket sold 40,320 shares of the company's stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $35.61, for a total transaction of $1,435,795.20. Following the completion of the sale, the insider directly owned 984,347 shares of the company's stock, valued at $35,052,596.67. The trade was a 3.93% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 2,910,783 shares of company stock valued at $111,188,818 over the last ninety days. Insiders own 46.49% of the company's stock.

Samsara Price Performance

Shares of IOT stock traded up $6.32 during trading hours on Friday, reaching $42.16. 23,973,919 shares of the company were exchanged, compared to its average volume of 5,009,550. Samsara Inc. has a fifty-two week low of $31.40 and a fifty-two week high of $61.90. The stock's fifty day moving average is $36.67 and its two-hundred day moving average is $39.99. The company has a market cap of $24.00 billion, a price-to-earnings ratio of -263.49 and a beta of 1.61.

Samsara (NYSE:IOT - Get Free Report) last announced its 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 company 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 7.80%. Samsara's quarterly revenue was up 30.4% on a year-over-year basis. During the same period in the prior year, the business 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. On average, research analysts anticipate that Samsara Inc. will post -0.3 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have issued reports on IOT shares. Zacks Research lowered shares of Samsara from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 15th. Wells Fargo & Company raised their price objective on shares of Samsara from $48.00 to $50.00 and gave the stock an "overweight" rating in a research note on Friday, June 6th. Evercore ISI set a $45.00 target price on shares of Samsara in a research note on Wednesday, June 25th. Wall Street Zen lowered shares of Samsara from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. Finally, Piper Sandler lifted their target price on shares of Samsara from $47.00 to $48.00 and gave the stock an "overweight" rating in a report on Friday. Eight research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $49.15.

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.