Samsara Inc. $IOT Shares Bought by Mn Services Vermogensbeheer B.V.

Key Points

• Mn Services Vermogensbeheer B.V. increased its stake in Samsara Inc. by 74.1% during the second quarter, owning 106,400 shares valued at approximately $4.23 million.
• Several institutional investors, including Vanguard Group and Jennison Associates, have also increased their stakes significantly, demonstrating strong confidence in Samsara's performance.
• Samsara reported a 30.4% year-over-year revenue increase to $391.48 million for the quarter, surpassing analysts' expectations, and it has set ambitious earnings guidance for FY 2026.

Mn Services Vermogensbeheer B.V. lifted its position in shares of Samsara Inc. (NYSE:IOT - Free Report) by 74.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 106,400 shares of the company's stock after buying an additional 45,300 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in Samsara were worth $4,233,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in IOT. Vident Advisory LLC increased its holdings in Samsara by 66.2% during the 1st quarter. Vident Advisory LLC now owns 14,282 shares of the company's stock worth $547,000 after purchasing an additional 5,691 shares in the last quarter. Teacher Retirement System of Texas bought a new stake in Samsara during the 1st quarter valued at approximately $1,457,000. Ontario Teachers Pension Plan Board lifted its position in Samsara by 213.4% in the 1st quarter. Ontario Teachers Pension Plan Board now owns 19,121 shares of the company's stock valued at $733,000 after acquiring an additional 13,020 shares in the last quarter. Avantax Advisory Services Inc. purchased a new stake in shares of Samsara in the 1st quarter worth $357,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Samsara by 18.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,229,773 shares of the company's stock valued at $85,467,000 after purchasing an additional 352,829 shares during the last quarter. Institutional investors own 96.02% of the company's stock.

Analyst Ratings Changes

IOT has been the subject of a number of analyst reports. Evercore ISI set a $45.00 price objective on shares of Samsara in a research report on Wednesday, June 25th. Truist Financial upped their price target on shares of Samsara from $35.00 to $39.00 and gave the stock a "hold" rating in a research report on Friday, September 5th. Wells Fargo & Company raised their price objective on shares of Samsara from $48.00 to $50.00 and gave the company an "overweight" rating in a research report on Friday, June 6th. Zacks Research cut Samsara from a "strong-buy" rating to a "hold" rating in a report on Friday, August 15th. Finally, Morgan Stanley boosted their target price on Samsara from $50.00 to $53.00 and gave the stock an "equal weight" rating in a research report on Monday, September 8th. Eight analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Samsara has an average rating of "Moderate Buy" and a consensus target price of $49.38.

Samsara Stock Performance

Shares of IOT traded up $0.24 during mid-day trading on Friday, reaching $40.21. 5,937,081 shares of the company were exchanged, compared to its average volume of 7,533,881. The stock has a market capitalization of $23.07 billion, a PE ratio of -251.31 and a beta of 1.61. The business has a 50 day simple moving average of $36.79 and a two-hundred day simple moving average of $39.20. 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 issued its quarterly earnings data 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 business had revenue of $391.48 million for the quarter, compared to analysts' expectations of $372.22 million. Samsara had a negative return on equity of 7.53% and a negative net margin of 6.16%.The firm's quarterly revenue was up 30.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.05 EPS. Samsara has set its FY 2026 guidance at 0.450-0.470 EPS. Q3 2026 guidance at 0.110-0.12 EPS. On average, analysts predict that Samsara Inc. will post -0.3 EPS for the current year.

Insider Buying and Selling

In related news, CAO Benjamin Louis Kirchhoff sold 1,772 shares of Samsara stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $38.13, for a total value of $67,566.36. Following the completion of the sale, the chief accounting officer owned 105,518 shares of the company's stock, valued at $4,023,401.34. The trade was a 1.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Adam Eltoukhy sold 18,219 shares of the business's stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $39.15, for a total value of $713,273.85. Following the completion of the sale, the insider owned 302,698 shares in the company, valued at $11,850,626.70. This represents a 5.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,716,158 shares of company stock valued at $140,011,119 over the last ninety days. 46.49% of the stock is owned by insiders.

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.